Using Online Resources To Better Your Finances And Business, Part 2

Although You Tube is a resource, there are numerous other online resources that you can use.  I will give you a few of the ones we and people we are connected to use often.  First of all, if you want updated tax news, tax tips, tax strategies and all to do with tax in Canada, you can check out our blog at www.kustomdesign.ca. There are new blog posts several times a week so please do visit our website to get the latest tax news.  You can also go to www.taxtips.ca for more tax updates.

For Stocks and investing, you can use yahoo finance, MSN money or Google Finance.  For education in the area of stock investing, you can go to www.ruleoneinvestor.com where you will find Phil Town’s teaching on investing using Warren Buffet’s number 1 rule – never lose money.  If you are looking for a list of Stocks that have D.R.I.P.s (Dividend Reinvestment Plans) you can go to http://cdndrips.blogspot.com/ for drips in Canada, and for companies that offer both D.R.I.P’s and S.P.Ps (Stock Purchase Plans) in Canada you can go to www.canadianmoneysaver.ca.  If you are looking for U.S. D.R.I.P.’s, you can go to www.dripinvesting.org. 

The list of online resources goes on and on.  For budgeting you can go to various websites that offer budgeting tools, such as www.mint.com.  If you are looking at getting out of debt, there are sites that will help you track your debt. Again, whatever you goal is, you can look at using online resources to help you, but remember the key is to ensure you are diligent in verifying it is a trusted site!

Keep checking our blogs here on this site and at www.kustomdesign.ca as we continue to educate and provide resources for you!

It is also important to remember that Kustom Design can also be your online resource for all things Finance and Tax.  Aside from our blogs, you can also send us your tax questions or concerns by email at info@kustomdesign.ca.  Our tax experts will gladly assist you and provide you with the answers you need! 

Using Online Resources To Better Your Finances And Business, Part 1

The other day I met with a client of ours that does their own bookkeeping and we were reviewing her bookkeeping file and found that the bookkeeping was done quite well.  When she incorporated in mid 2011, she did not know how to do bookkeeping and when we let her know we have the option of bookkeeping in our accounting packages, she hummed and hawed.  After a bit of conversation, she decided that she wanted to try it on her own.  Now just over 6 months later we reviewed her bookkeeping and found that the bookkeeping was done well!  Because most people that don’t know how to do bookkeeping take awhile to catch on, I was surprised that she learned and caught on so fast.  I asked her how she did it, and her answer…”I learned how on You Tube.”  I looked on www.youtube.com and found that there were tons of tutorials on Quickbooks. Wow, it’s true you can learn off Youtube!

I shouldn’t have been surprised as I’ve used You Tube to learn how to do specific things in the music studio.  You Tube can be a great resource, so don’t hesitate to use it.  The key to learning from the internet is to check your source and verify its accuracy.   Search more than one site as you can’t believe everything on every site!  There is truth and lies all over the internet, so go to trusted websites and when you are unsure use google to search and find other websites and what people are saying to confirm it is a trusted site, video, blog etc.

I’ll continue my blog on using online resources to better your finances and business on Thursday.  Please watch out for that.  I will discuss more resources you should know about such as useful blogs on finance and taxes and useful online links for stocks and investing!