How to go about securing the best savings strategy in Canada.
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Best in show: How to find and invest in market leaders + MORE Apr 10th
Canadians approach retirement planning in many different ways, but there’s one thing we can all benefit from: a strategy to save enough to retire comfortably and even generate income after we stop working.
But many of us don’t feel financially ready to stop working. According to a 2022 survey.... More »
2025 tax credits, due dates, and when you can file: Your 2025 income tax return guide + MORE Jan 28th
Tax season is once again nigh. The Canada Revenue Agency’s deadline (for most of us) is fast approaching on April 30. Bookmark this page for easy access to key dates and deadlines, tax rates, tips, and links to help you prepare your 2025 personal income tax return. We will be updating it as new in.... More »
A guide to the best robo-advisors in Canada for 2022 + MORE Aug 7th
“You had me at low fees!” That was our reaction to the arrival of robo-advisors in Canada, beginning in 2014. Faced with few alternatives to mutual funds and self-directed brokerage accounts, young and middle-income investors embraced the option of having their savings passively managed in a bun.... More »
How to hang out with friends when you can’t afford to go out + MORE Oct 8th
Hayley Reid-Ginis knew her life was in for a shakeup when she decided to go back to college last September. She took on a student loan and had to cut some discretionary spending from her tightened budget—and even though she decided to continue working while going to school, it ultimately meant few.... More »
This Montreal millennial couple makes $316,000 combined. Monthly child care costs? $203. With an excess in savings, they want to have their second child. What advice can they get? + MORE Feb 6th
Parents in southern Ontario may think Tommy and Victoria’s $203 monthly daycare budget is a typo, but child-care costs in Quebec are heavily subsidized by the provincial government, Jason Heath, Millennial Money financial adviser writes..... 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.
