How to go about securing the best savings strategy in Canada. Are ETFs a good investment for an all-weather portfolio? – moneysense.ca For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investments—suffered losses in 2022, […]
There are plenty of bank savings account options in Canada! Stay on top of the best plans right here. Bernice is debt free and has savings, but wonders if she should start investing in the stock market – thestar.com The 35-year-old millennial has her financial house largely in order, says investment adviser Jason Heath, but […]
Not sure how to make a savings plan? Read on… I’m about to retire and still have a mortgage. Am I in trouble? – thestar.com If you have decent savings and only a year or two to go on your mortgage, you should be fine. If you have 10 or more years, then you may […]
How to go about securing the best savings strategy in Canada. TFSA contribution room calculator – moneysense.ca Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding […]
Personal Savings getting you down? There are always smart ways to increase your savings. Why contributing to a TFSA is a good resolution – moneysense.ca If nothing else, tax-free savings accounts (TFSAs) have been a boon to Canadian financial writers and bloggers. Two noteworthy examples: A blog on Boomer & Echo by CFP Robb Engen […]
Not sure how to make a savings plan? Read on… How much credit card debt does the average Canadian have? – moneysense.ca As the country re-opens after COVID-related restrictions, Canadians are faced with a worrying financial picture. Many have moved, others are looking to travel, and the cost of living is ballooning with unusual rates […]
There are plenty of bank savings account options in Canada! Stay on top of the best plans right here. What does the average wedding cost in Canada? – moneysense.ca “But you’re getting married! You have to!” That empty statement is on the other end of everything from wedding cakes to bachelorette parties, lace veils, engagement […]
Not sure how to make a savings plan? Read on… Are ETFs a good investment for an all-weather portfolio? – moneysense.ca For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as […]
There are plenty of bank savings account options in Canada! Stay on top of the best plans right here. Is it better to list a beneficiary on registered investments or have the account go to the estate? – moneysense.ca Should I have beneficiaries or the estate listed on my investment accounts?—Catherine Named beneficiaries vs the […]
All about Canadian Savings. Learn the ins and outs and get the latest news. New year, new spending habits – moneysense.ca Money-wise, it’s been a challenging year for Canadians but the new year is also a chance to build better strategies around how you spend money. Steer clear of these three common pitfalls for financial […]