(NC) Winter is made for curling up inside to watch a good movie or tv show. And when you’re in hibernation mode, it’s nice to have a dedicated place for binge-watching. Here are some tips to create your very own theatre at home:

Minimize ambient disruptions. You don’t need to do a major remodel, but a few changes can help cut out distracting sounds and light. Try choosing a space that’s naturally darker like your basement, or you can fake it with room-darkening or blackout blinds. When it comes to eliminating noise, softer materials can make a big difference – add an area rug, throw pillows and lush curtains.  

Plan for proper viewing. For a comfortable experience, consider some rules of thumb for viewing and seating distances. The distance from your tv should be 1.5 to 2.5 times the diagonal width of the screen, and it’s best to have the centre of the screen at eye level. If you’re buying a new tv, use this formula to see how big you can go before it starts to get overwhelming.

Get the right media stand. You don’t want a multitude of cables cluttering up your home theatre, so look for a cabinet that has space for cable management. If you still have a Blu-ray or DVD player, make sure there’s space for it too. If most of your content comes via the internet, plan for your Wi-Fi router to be nearby. It’s also important that your electronics are well ventilated, as they can heat up when in use. A power strip with built-in surge protection can be a cost effective way to protect your high-tech toys.

Streamline your content. Many of us are cutting the cord nowadays, replacing traditional television with online subscription services. But if you still want to enjoy a cable-like experience, consider TiVo Edge for antenna, a live tv, DVR and streaming player that lets you easily find and watch the content you love. It integrates popular apps like Netflix and Amazon Prime Video, as well as live-to-air television, and has handy features that let you search across content partners, record shows and skip commercials. Find more information at tivo.com/ca.

(NC) One of the best things about winter is coming inside from the frigid weather to a cozy and welcoming environment. To make your home a space where you’ll want to hibernate all season long, check out these tips.

Add layers of lighting. Our winters can be long and cold, so take steps to make sure your refuge is toasty warm and inviting. Swap out cool, white lightbulbs for warm ones and place plenty of light fixtures at various heights throughout your home. Think reading lamps, wall sconces and pendant lights. If you have a fireplace, make sure it’s clean and safe to use for natural lighting and warmth. You can also pepper your home with candles in comforting seasonal scents like fresh pine or cinnamon.

Create cozy nooks. Whether it’s in your bedroom, living room or study, set up spaces that make you want to curl up for a relaxing evening. Try making a little reading nook in your bay window where you can dive into a good read while pausing to watch the snow fall. If you love board games or puzzles, set up a dedicated table on the side of your living or family room, and you can leave them out so you can return whenever you like without worrying about tidying up.

Warm up with textiles. What’s better at this time of year than snuggling up with a fluffy pillow and blanket? Down isn’t just for the bed anymore, and there are lots of stylish (and Canadian) options that are a great addition to warm up any room in your household. For the most warmth and best insulation, choose high-quality down products that keep warmth in and cold out. Look for the Downmark label, which certifies a product is Canadian made and ethically sourced, an important feature for today’s savvy consumer.

(NC) The term “house poor” is likely one we’re familiar with as Canadians. Given the ever-changing housing market, it’s something you may even have identified with. But what does it really mean? And how can we avoid it?

“House poor” is a situation that describes a person who “over-extends” themselves and spends an unusually large proportion of his or her total income (roughly 30-40% or more) on home ownership, including mortgage payments, property taxes, maintenance and utilities. If you’re feeling like a disproportionate amount of your income goes towards your home-related expenses, then you might be in this group.

According to the 2019 RBC home ownership poll, half of Canadians claim they would avoid a situation where they become house poor as they say it’s mentally stressful and financially irresponsible.

However, one in four Canadians does identify this way and approximately one in ten is prepared to put themselves in this position. Here are some budgeting tips to avoid it:

Adjust your expectations. Buying a home can often be about compromise. This may mean expanding your neighbourhood scope or looking at condos or townhomes instead of detached homes. The poll found that proximity to public transit and work are compromises that most Canadians are willing to make.

Take your time. Buying a home is one of the largest financial decisions you will make. Take some extra time to make sure you have saved what you need to live comfortably and understand fundamentally what you need to buy your first or next home. Creating a budget and payment plan schedule is a great way of staying on track.

Broaden your horizons. Rate is just one aspect of shopping for a mortgage, and solely focusing on it can have negative impacts in the long run. It’s important to make sure you have the right mortgage to suit a variety of needs and the flexibility to adapt to potential changes in your life. Consider the type of mortgage, term and amortization rate, as well as factors including if this is your first house, an investment property or you are buying and selling at the same time.

See just how much you can afford at rbc.com/60seconds.