Mortgages, maintenance and property taxes: How much does it really cost to own a home?
Jessica Moorhouse, author and host of the More Money podcast, says that the down payment and monthly mortgage payments are just the tip of the iceberg when it comes to the cost of owning a home. She tells BC Today host Michelle Eliot that maintenance costs and property taxes could add up to thousands of dollars. She advises homeowners to set aside a home emergency fund to maintain their homes.
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Cision Canada
6 days ago
- Cision Canada
Mohegan Resorts Across North America Turn Up the Heat with Hot Summer Fun 2025
Seasonal celebration brings concerts, cash giveaways, and signature experiences to four prominent entertainment destinations UNCASVILLE, Conn., June 4, 2025 /CNW/ -- Mohegan's annual Hot Summer Fun campaign runs from June 23–Aug. 31, 2025, offering a season-long celebration of live entertainment, culinary debuts, gaming promotions and guest experiences across four resort properties: Mohegan Sun (CT), Mohegan Pennsylvania (PA), Fallsview Casino Resort (ON) and Casino Niagara (ON). From high-energy concerts and casino activations to exclusive giveaways and dining experiences, Hot Summer Fun showcases the breadth of Mohegan's offerings, whether guests are visiting in person or engaging online. Mohegan Sun | Uncasville, Conn. With outdoor concerts, dynamic gaming promotions and new restaurant openings, Mohegan Sun serves as a standout summer destination in New England. From stepping into the whirlwind of the Cash Cube to catching a concert under the stars, guests can explore a vibrant mix of nightlife, culinary discovery and immersive casino action – all anchored by the flagship property's signature energy and variety. Notably, the Sun Patio will feature a diverse weekend lineup of live outdoor entertainment. Fridays are dedicated to high-energy tribute bands, while Saturday evenings will spotlight intimate performances by national and regional headliners, including Lupe Fiasco (July 19), The Roots (August 2) and Hanson (August 9). Guests can enjoy themed cocktails, food trucks and the laid-back vibe of Mohegan Sun's open-air venue. The resort's culinary landscape continues to evolve with a trio of distinctive new dining experiences: Beauty & Essex, a globally inspired concept from Tao Group Hospitality; The Farm Italy, a modern Italian kitchen that has transformed the space formerly home to the award-winning Ballo Italian Restaurant; and Sift Bake Shop & A.T.Y Bar & Bonbons, the latest from James Beard Award-winning pastry chef Adam Young, blending artisanal pastries with inventive desserts and cocktails. A full calendar of weekday promotions enhances the seasonal experience: More Money Mondays (June 23–Aug. 25): Momentum members can win $1,000 in cash every hour from 10 a.m. to 7 p.m. Catchin' Rays Tuesdays (June 24–Aug. 26): Guests can enter the Cash Cube for a chance to win up to $10,000 Wild Winning Wednesdays (June 25–Aug. 27): Players who earn two Status Points can enter the Summer Slot Tournament to compete for a share of $10,000 Thrills & Chills Thursdays (June 26–Aug. 28): Triple Status Points make for even more action on the gaming floor Fun in the Sun Fridays (June 27–Aug. 29): A perfect lead-in to Sun Patio nights, with giveaways and Momentum rewards kicking off before the concerts begin Additional promotions include: For more details, visit Mohegan Pennsylvania | Wilkes-Barre, Pa. Set in the scenic hills of PA, Mohegan Pennsylvania offers a nostalgic, high-energy summer schedule complete with outdoor concerts, themed giveaways and thrilling promotions. Party on the Patio continues each Thursday with top tribute bands, food trucks and drinks at the resort's open-air concert venue. 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CTV News
28-05-2025
- CTV News
How to keep your finances on track according to Canadian expert
We're kicking off Financial Fitness Week by looking at how you can evaluate your own financial fitness! This week marks Financial Fitness Week and CTV Morning Live looks into how to evaluate your financial situation to grow your net worth. The net worth is defined as the health check for your finances, according to personal finance expert and author Jessica Moorhouse. This includes your assets and liabilities. Moorhouse says that you want to see your net worth grow every month. This can be done through saving, investing and paying your debts, she adds. Emergency funds The most important thing when it comes to finances is making sure you have an emergency fund, Moorhouse said. 'When you think everything is going well, that's when something happens unexpectedly,' she said. 'Your car breaks down, your pet gets sick, you lose your job or your hours are cut. Something is always going to happen.' The rule of thumb, according to Moorhouse, is to have enough money to cover expenses for three to six months. She notes that most people do not have an emergency fund, citing having other priorities and not being able to save. Therefore, her first suggestion when meeting with new clients is to prioritize having that emergency fund. How to manage debt When it comes to debt, Moorhouse says it's usually an emotional topic that comes with shame, embarrassment and anxiety. There is always a way out, she notes. She suggests looking at the interest rates and trying to find the best repayment strategy. 'There are two important ones (strategies), the debt avalanche and the debt snowball. You either want to start paying off aggressively the one with the highest interest rate first, or do you want to tackle the smallest balance,' Moorhouse said. While the debt avalanche focuses on minimizing interest costs by paying off the debt with the highest interest rate first, the debt snowball focuses on paying off the smallest debts before moving on to the bigger ones, she explains. Cash flow vs spending Looking at the cash flow, which is the cash that comes in and the money that goes out, is very important to manage your finances, Moorhouse says. Though people look at how much they make per month, they don't necessarily look at their spending, she says, while suggesting tracking all expenses. 'It is important because we know that we (might have) spent a little too much on eating out. 'Or what was this expense? I thought I cancelled that subscription. Well, I didn't.' So, now I know cause that's my spending,' she added. The personal financial expert suggests aligning your spending with your goals and values. For example, if you want to go on a trip, she suggests cutting off on spending on take out coffees or eating at restaurants. More information is available in Moorhouse's book titled Everything but Money.
CTV News
26-05-2025
- CTV News
Evaluate your financial fitness
Ottawa Watch We're kicking off Financial Fitness Week by looking at how you can evaluate your own financial fitness! Personal finance expert and author Jessica Moorhouse gives us her tips.
