Views on money (fish/tank purchases vs other purchases)

[Cameron]

Originally Posted by SeaHorse_Fanatic

With a new baby this year and Irene without Mat. leave since she's considered "self-employed", mortgage & such, paying more bills than ever.

There is a loop hole around this, which I have prepared for. My wife is self employed, and when we decide to have kids she will receive EI.

Trick to this is to own a company in your name, her contractors pay my company and I am the only shareholder. I pay her a salary, deduct taxes, EI premiums. This must be done for at least 6 months for her to go on EI leave.


Tada!

[fishoholic]

Originally Posted by Delphinus

Maybe if I didn't have kids I'd feel differently but personally I'm finding myself more and more shut out of the hobby as time goes on.

Trust me if I had kids I probably couldn't afford this hobby, at least not to the degree I spend on it now!