Housing Risks During the Winter Months

As the weather changes and the temperature in the northeastern coastal areas turn cold, more people move indoors to stay warm. This means your heating system will be run more often and many people turn their heat way up to keep warm. This is a natural reaction to the blustery outside air, but there are a few precautions you should take no matter what type of heat system your home has. Below are five tips to staying safe when the weather turns cold this winter, and remember this rule: stay warm but stay safe!

Heating System Safety

When running your heating system, it’s not a good idea to run it on high for too long. Always select the “auto” option rather than the “fan” to get the evenest heating and turn it to around 68 degrees when you leave the house. Check pilot lights to make sure they are all working. If your heat does not start up for the first time this winter, you may want to check the pilot light. Sometimes the pilot light can go out over the summer or early fall months when it is not in use, or strong wind can blow it out. There is a specific technique you should follow for lighting your pilot light with most electric furnace systems. There are various videos on this procedure, but the basic process is the same. It’s also a good idea to vacuum out your furnace once in a while to keep dust and debris from collecting around it.

Fireplace Safety

Many people enjoy starting up their fireplaces during the winter months, especially in the eastern locations where it is typically colder. Fireplaces are a wonderful asset to a home, and they create a warm and inviting atmosphere. But you should take care to make sure the flue is clean as this is the cause of many house fires, so on the east coast ensure you have adequate home insurance coverage in Ontario and other parts of Canada, where the winter wind blows colder than in other locations.

Radiators and Standalone Heaters

One of the greatest dangers when heating your home inside is the use of standalone electric heaters and radiator units. These units can overheat quickly and, when left alone, they can catch fire. The key to avoiding this disaster is to make sure there are no blankets, clothing items, or flammable materials within at least 10 feet or more of the unit. Also, never keep these standalone units burning by themselves or run off and leave them running when you leave the house.

Watch Christmas Trees

Christmas is near and it is a time many people enjoy with the introduction of a real tree. The disadvantage to real trees is that they can catch fire from the Christmas lights. This is especially true if you use the bare larger light bulbs that increase in heat as they are used. They can overheat if they are next to a tree branch and catch your tree and house on fire. Don’t risk this. Use smaller more contained lights and keep your real tree moist by watering it daily. This may reduce your chance of fire from a Christmas tree.

Burning Leaves: A Hazard Waiting to Happen

In addition to the potential for fires in your home due to heating units or Christmas trees, you should be careful when burning leaves near your home as well. Never burn your leaves on a windy day and watch for “no burn warnings” in your area.

Take Control of Your Finances

When it comes to our personal finances, we’re understandably very deeply invested, no pun intended, in our financial future. Like they say, money makes the world go ‘round, and we can’t afford to be left twisting in the wind if the money runs out. This can seem truly dire considering all of the many parties constantly vying for your hard earned cash. Between bills and groceries, and then some, it seems like our money is just siphoned straight out of our wallets and bank accounts and right into the hands of some big corporate boogeyman. However, there are ways to save your money; you just have to know how and have the will power to execute on these techniques. Here are some tips to help you take control of your personal finances.

First and foremost, you might be compelled to give up certain luxuries in order to save money, and while that’s the responsible thing to do, we all deserve some creature comforts to help us keep our heads above water. The daily grind is often maddening, and we need all the help we can get in order to survive and thrive. That’s why you should sometimes find ways to save on the luxuries most important to you, and there’s rarely a luxury more important to people than Summer vacation. Here’s a Beaches coupon to help you get started saving for your vacation, but other coupons and sales can help you save even more. Whatever luxuries help you get through the day, there just might be a way to make them much more affordable. You just have to know where to look.

Coupons and sales are generally a great way to save money in this capitalist society. After all, retailers frequently employ these tactics as a way to drum up extra business. This means that a savvy shopper can get most of their shopping done at a discount, if not all of it. You just have to keep your eyes peeled for savings.

What Is Online Trading?

investing in canada etfs tfsa

Wall Street used to be a tough environment to break into. The good schools would feed their top students into the best investment banks and then the boroughs around Manhattan would feed hungry traders into the pit of the stock exchange, where the cream would be seperated from the crop. The same thing happened on the floors of the Chicago Mercantile exchange, where locals could get in and get started a career, but the barriers to entry could be extreme.

Then the digital revolution changed everything. Just like other industries, trading got democratized. With all the websites and platforms out there, online trading is open to everyone. A kid from Duluth, Minnesota. A retired school teacher in Portland, Maine. A mid-career systems engineer in Denver, Colorado who just wants to make some extra money.

Before that, you needed to invest through a stockbroker. The trade was made by the brokerage firm, which controlled the access to trading floors. Not anymore.

What is online trading? Financial markets are available for people to join and risk their money. The markets are much more accessible than they ever were. If you have a computer and some extra money, you can join in on the fun. But it is not some venture that you should take lightly. You need to be well aware of the risks that come with trading stocks or futures or options online. And you need to be ready to lose whatever money you trade.

When you enter the working world and you are faced with trying to support yourself, you are going to deal with tough choices. You will have limited resources and you need to figure out how to allocate those resources. That part of growing up will lead you to question almost anything that you are doing. Your job, your method of saving money, the way that the financial world works.

The best thing to do is to learn how to take control of your money. And you can do that with online trading. When you work for a wage, you want to save as much of that money as possible. Then you can get on an online platform such as CMC Markets or TD Ameritrade and teach yourself how to trade for profits. You can start simply with stocks and bonds, where you research companies and corporations and actually buy the asset and look for the price to go up. That is the basics of trading a security. Buy low and sell high.

That applies to all sorts of online trading. Even when you are looking at binary options, spread betting, CFDs, futures contracts, forex trading and commodities, to name just a few. You want to be able to buy at a low price and sell at a better price.

Then you can get a little more creative. That is where you are speculating on the price of a particular financial instrument, but you don’t own the underlying asset. That occurs in forex, spread betting, really any kind of derivative trading. In that scenario, you profit from the price going up or the price going down. It all depends in how you secure your position. For example, with binary options, if you see the price of stock or an index going down, based on your research and knowledge of the market, you can place that bet with a broker and get paid out if you are right. You are risking money, but you are not risking holding a worthless asset.

For more information on how online trading works, look to this resource for picking the right platform that will match your risk appetite and strategy