How to go about securing the best savings strategy in Canada.
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Nervous about protecting your retirement savings? Here’s what you shouldn’t do + MORE Apr 25th
As the stock markets tumble in the time of pandemic, it’s difficult to know what steps to take to protect savings..... More »
The one inflation tool you need for your finances + MORE Feb 6th
If you don’t have a high-interest savings account (HISA), now is a good time to consider opening one. Why? HISAs pay more interest than regular savings accounts, and rates are particularly high right now. The amount you can earn on your deposited money may help offset rising inflation. And, last b.... More »
How to handle a stock with a huge capital gain + MORE Jul 23rd
If you hold investments in a taxable non-registered account, then income tax considerations ought to be part of your investing decision-making process. Although capital gains tax rates in Canada are relatively low, with only 50% of a capital gain being taxable to an investor, the dollars of tax paya.... More »
When to consider extra RRIF withdrawals Apr 8th
I am in my 91st year and for my age, in reasonably good health. I drew down a significant extra sum in 2025 from my RRIF. Fortunately, due to some good earlier decisions, my RRIF remains with a very strong market value. I use this drawdown for two purposes: to reinvest in my non-registered accounts.... More »
Enrollment surge likely under Clinton debt-free tuition plan, potentially boosting its cost + MORE Aug 11th
WASHINGTON – Hillary Rodham Clinton’s plan to make college more affordable and ease the burden of student debt could easily end up costing more than her proposed $350 billion.
Clinton’s plan essentially shifts more of the financial burden of college from students and their families.... More »
5 Tips For Students Trying to Afford University
– ratesupermarket.ca
By: Derek Nicholson
Every May, post-secondary students are given four months off. Disguised as “vacation”, these 16 weeks are really a hectic money-making period, as students scramble to fill their savings accounts and offset the steep costs of the next eight months.
The end goal: a comfortable financial safety blanket that lasts the duration of the school year, which is crucial as work hours are harder to come by once classes start. It’s no easy feat, considering the ever-rising cost of tuition (and much-less frequent wage increases).
As I start my fourth year of my post-secondary program, I’m faced with seemingly endless expenses, all designed to distract or prevent me from saving the way I plan to. I know other students feel the same way, so here are a few alternative “money making” methods for students that’ll help avoid financial crisis and snowballing debt.
Also read: Can Students Afford the Future?>
Save Out of Sight
It’s never too late to start putting aside portions of paycheques into a separate savings pool…
Five retirement savings tips for Millennials
– canoe.ca
A couple of years ago, Emilie Hunt had to go to the emergency room with a stomach virus. The bill took a huge chunk of money out of her savings, more than $800, and kept her from saving for a couple of months.
