Chartered Professional Accountant, Experienced Bookkeepers, Personal and Business Tax Return Specialists - Whitby ON - Call - Toll Free: 1-800-942-5558 or Local: 905-666-5071 admin@kmpc.ca
Budgeting and Pets

Budgeting and Pets

 Things to Consider BEFORE Getting a Pet

When we see an adorable animal many of us simply fall in love and let practicality fly out the window.  Pet ownership is a HUGE responsibility.  It involves being responsible for the health and happiness of another living creature.  The needs and health of a pet often come with unforeseen price tags.  Some of those costs, especially vet bills, can add up quickly.  This video touches on a few things to consider BEFORE you commit to adopting a pet – any pet.

Kelly Melanson, CPA, CMA is the founder and owner of Kelly Melanson Professional Corporation. She and her team specialize in helping companies grow via strategic financial management practices. Since 1993, Kelly Melanson, Chartered Professional Accountant (CPA, CMA) has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

Kelly Melanson Professional Corporation – Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9 – Local: (905) 666-5071 Toll-free: 1-800-942-5558 – Email: admin@kmpc.ca  Web: https://kmpc.ca

How to Stop Impulse Buying!

How to Stop Impulse Buying!

Using Tools to Break Buying Habits is the Key to Success

The opportunity and pressure to buy things is a real problem for many people today.  The stress that can come from overspending impacts all areas of your life.  This sort of impulsive behaviour has the power to put your health, security and relationships in jeopardy.  Here are a few strategies that you can try to scratch that impulse buying itch while keeping your cash and credit cards safely in your wallet.

Kelly Melanson, CPA, CMA is the founder and owner of Kelly Melanson Professional Corporation. She and her team specialize in helping companies grow via strategic financial management practices. Since 1993, Kelly Melanson, Chartered Professional Accountant (CPA, CMA) has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

Kelly Melanson Professional Corporation – Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9 – Local: (905) 666-5071 Toll-free: 1-800-942-5558 – Email: admin@kmpc.ca  Web: https://kmpc.ca

How to Budget as an Entrepreneur

How to Budget as an Entrepreneur

Don’t Blur the Line Between Personal and Business Finances

When you open a new business it’s very common for people to grab from one pot of money to top up another.  That is not a good habit to start because it sets the stage for a lot of trouble further down the road.  Keeping your business and personal finances well defined is imperative if you want to run a successful business AND stay on the good side of the Canadian Revenue Agency!

Whether you are a sole proprietor or incorporated, you must keep a clear division between personal and professional funds. Take a few minutes to watch this video that outlines some basic good habits that you can use in your own business management practices.

Kelly Melanson, CPA, CMA is the founder and owner of Kelly Melanson Professional Corporation. She and her team specialize in helping companies grow via strategic financial management practices. Since 1993, Kelly Melanson, Chartered Professional Accountant (CPA, CMA) has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

Kelly Melanson Professional Corporation – Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9 – Local: (905) 666-5071 Toll-free: 1-800-942-5558 – Email: admin@kmpc.ca  Web: https://kmpc.ca

10 Ways to Save Money

10 Ways to Save Money

Easy Ways For You To Save Your Money and Build Wealth

People are often under the impression that in order to save money you need to have LOTS of money, money to spare, and that leftover stuff is what you save.  I am here to tell you that impression is incorrect.  We can all save money!  The trick is finding ways to save tiny bits of money here and there.  Those little bits add up and over time they can add up BIG TIME!  If you follow some of these tips or put on your creative cap and think of a few of your own, you will be on your way to saving money.  That money can be used for things like: investing in savings, saving a down payment for a house or car, paying for that long awaited vacation, paying down debts or maybe even to saving for training or education.

Saving doesn’t have to be painful. You just need to see where you can save a few pennies here and there, have the discipline to do that consistently, and you are on your way!  Watch the video below to see some tried and true strategies that you can use to kick start your own saving behaviour habits!  

Happy saving!

Kelly Melanson, CPA, CMA is the founder and owner of Kelly Melanson Professional Corporation. She and her team specialize in helping companies grow via strategic financial management practices. Since 1993, Kelly Melanson, Chartered Professional Accountant (CPA, CMA) has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

Kelly Melanson Professional Corporation – Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9 – Local: (905) 666-5071 Toll-free: 1-800-942-5558 – Email: admin@kmpc.ca  Web: https://kmpc.ca

How to Live Within A Budget

How to Live Within A Budget

How to Structure a Personal Budget

Today we are going to look at budgeting and how to create a budget for yourself.  The first task is to  assess your Wants and your Needs.  This task is always a really difficult part for anyone starting out.  When I’m dealing with couples, they often tend to disagree on the Wants. They often feel some of the Wants are their Needs, so it’s important to agree on your list before going any further. Once you have reached an agreement on Needs and Wants the next thing you will need  is the past three months of your bank statements so you can look at  your recent spending patterns…  

Watch this video to see how to, step-by-step, create a budget structure that you can use!

Kelly Melanson, CPA, CMA is the founder and owner of Kelly Melanson Professional Corporation. She and her team specialize in helping companies grow via strategic financial management practices. Since 1993, Kelly Melanson, Chartered Professional Accountant (CPA, CMA) has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

Kelly Melanson Professional Corporation – Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9 – Local: (905) 666-5071 Toll-free: 1-800-942-5558 – Email: admin@kmpc.ca  Web: https://kmpc.ca

Mastering Your Money Headspace

Mastering Your Money Headspace

What Is Your Money Behavioural Style?

Today I’m going to be talking about how to build wealth, how NOT to live paycheck by paycheck, how  to live within your means and how to stay out of debt in this world.

Budgeting often gets a bad rap – a reputation of something that is either unattainable or punitive.  I challenge those perceptions!  I hear  people say they feel that budgets just don’t work because they feel they don’t make enough money to consider living on a budget.  As an accountant since 1993, I can tell you most assuredly, whether you  make a lot or a little,  budgets are definitely for everyone!  A budget is a dynamic tool that assists you to tell your money where to go so you are able to save money AND build your wealth  Who wouldn’t want that power?

In order to be a successful money manager it is necessary to be aware of how you behave with money. That requires taking a good look at how you handle and manage your spending and saving.  I am going to discuss 4 different behavioral styles and how they interact with money. You will need to be very honest with yourself  as you determine where you fall in these behavioural categories. With this awareness you are able to  equip yourself with strategies that will assist you.

Please take a moment to watch this video which goes into more depth on budgeting by behavioural style:

Kelly Melanson, CPA, CMA is the founder and owner of Kelly Melanson Professional Corporation. She and her team specialize in helping companies grow via strategic financial management practices. Since 1993, Kelly Melanson, Chartered Professional Accountant (CPA, CMA) has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

Kelly Melanson Professional Corporation – Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9 – Local: (905) 666-5071 Toll-free: 1-800-942-5558 – Email: admin@kmpc.ca  Web: https://kmpc.ca

Call Now Button