Not sure how to make a savings plan? Read on…
Latest News
New year, new spending habits Dec 5th
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 success in 2023.
Money mistake #1: Not paying off debt quickly
If you’re in the red, you.... More »
How to invest with spousal loans for Canadians—and how to pay it back Sep 5th
During my working life, I transferred non-registered investment shares through a spousal loan to my wife (a stay-at-home mother). At the time of transfer, I declared the capital gain and paid the corresponding tax on the gain on the difference between the FMV (fair market value) and the ACB (adjuste.... More »
Video: How to close a bank account + MORE Sep 12th
Pretty much every Canadian has a bank account. So it makes sense to ensure that you have the best savings account for you (and chequing too) by shopping around. So if you’ve decided to move on from your current bank, you will want to close your old account and ensure that nothing gets lost in the .... More »
What Does Silicon Valley Bank’s Collapse Mean for Canadians? + MORE Mar 27th
Update: On March 27, North Carolina-based First Citizens bank said it would buy much of the failed Silicon Valley Bank. The deal means First Citizens will assume US$110 billion in assets, deposits of US$56 billion and US$72 billion in loans from the failed SVB.
The collapse of Silicon Valley Ba.... More »
I need to take out a short-term loan. What are my options? + MORE Aug 28th
With inflation at 7.6 per cent, many Canadians are turning to short-term loans to pay for necessities. Experts point out several options..... More »
This Toronto millennial makes $60,000. He wants to organize his finances and build his savings. How can he start?
– thestar.com
“Personal finance can be complicated even though my life seems rather uncomplicated,” Michael said.This Toronto millennial makes $60,000. He wants to organize his finances and build his savings. How can he start?
– thestar.com
“Personal finance can be complicated even though my life seems rather uncomplicated,” Michael said.
