How to go about securing the best savings strategy in Canada.
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OAS payment dates in 2025, and more to know about Old Age Security + MORE Oct 8th
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
BMO financial planner loses Ont. couple $47,000 + MORE Mar 30th
Imagine hiring a financial planner you thought you could trust. Then imagine losing nearly $50,000 after listening to their advice.
This nightmare situation was a reality for a retired couple who, in 2014, sought advice from a BMO financial planner on how to transfer their retirement savings from an.... More »
‘Tis the Season to Spring Clean Your Wallet + MORE Mar 8th
Ready to lose an hour of sleep?
On Sunday, March 12th at 2 a.m., most Canadians set their clocks back one hour and spring forward.
We can see the light at the end of the tunnel we call winter. So as we start fresh and give into the annual “spring cleaning” tradition, why not give financial spri.... More »
Should I use retirement savings to pay off credit card debt? + MORE Jun 11th
Ask MoneySense
Should you cash out some of your RRIF monies to pay down credit card debt or take out a loan at a bank or private lending? Thank you.
—Marcia E.
Does it make sense to pay off debt with savings or take out a loan?
Thank you for your question, Marcia. You’ve worked hard to.... More »
Should you max out your RRSP before converting it to a RRIF? Apr 30th
Ask MoneySense
My husband and I retired last September. We have moved into a condo and are now travelling. Enjoying life but I’m concerned about his RRIF. My husband turns 71 in June 2025. So, I understand we can contribute to his RRSP for 2025 before he turns 71 and claim the contribution for the.... More »
Student Budget Savers
– ratesupermarket.ca
You’re now a month into the semester – but are your funds in danger of flunking out already? College life can be a blast, but all that partying, socializing (and hopefully a little studying) is costly, too.
If you’re worried about making your money last till graduation, fear not. Check out this week’s guide on making the most of your student budget.
Partying On A Budget: A Student’s Guide
Everyone needs a break from studying… but are you enjoying student life a little too much? There’s nothing as effective as partying and pub nights to blast through a budget – and that can spell disaster for cash strapped students.
Here are some tips for having a good time while still keeping your student spending in check.
Read Allan’s Blog | Partying On A Budget: A Student’s Guide
6 Tips For Paying Back Student Loans
Student loans may be a monetary life saver while school’s in session – but they can turn scary real quick when it comes time to pay them back.
Don’t start post-grad life in a debt hole – make a payback plan now for effective student debt repayment…
How a budget makes holiday shopping painless
– thestar.com
Nearly two-thirds of Canadians go into the holiday shopping season without any savings, according to one survey.How a budget makes holiday shopping painless
– thestar.com
Nearly two-thirds of Canadians go into the holiday shopping season without any savings, according to one survey.
