Personal Savings getting you down? There are always smart ways to increase your savings.
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COVID-19: Preparing for Financial Uncertainty + MORE Apr 4th
As the COVID-19 outbreak continues to batter markets and force more businesses to close their doors, talk of a looming recession grows louder. There is no question that many more jobs are at risk, and for those whose livelihoods are particularly vulnerable, now is the time to take stock of your fin.... More »
Negotiate rent with your landlord to reap savings + MORE Apr 3rd
When working out a better rental rate, know your local market and keep emotion out of it, Lesley-Anne Scorgie advises..... More »
Loblaw’s ‘ugly’ food line provides big savings + MORE Mar 17th
Loblaw’s new line is practically imperfect in every way.
The retailer is jumping on the ugly produce bandwagon with the launch of a No Name Naturally Imperfect line of fruit and vegetables.
Starting with potatoes and apples, customers can purchase smaller, misshapen produce at Real Canadian Supers.... More »
3 Ways: How to Really Save When You’re a Student + MORE Sep 16th
Happy New Year! Ok… So maybe it’s not actually the new year – but a recent Tangerine study found 60 per cent of Canadians view the start of the school year as an unofficial new beginning. And, with this fresh start comes new resolutions, especially for personal finances, according.... More »
Planning to cash in on your home to help fund retirement? Here’s how to do it right + MORE Dec 19th
Elizabeth and Charles have a home worth about $1.3 million. They’re considering selling and downsizing to a smaller unit to bulk up retirement savings. We ask experts for advice on the right move..... More »
Spread The Word, Score Some Cash!
– ratesupermarket.ca
Refer a Friend With RateSupermarket.ca!
There’s nothing sweeter than scoring a great deal – except maybe letting your family and friends in on the savings, too. We at RSM appreciate the good karma and we want to reward YOU for spreading the word about our great offers… with sweet, sweet cash.
Sign Up For RateSupemarket.ca Refer a Friend>
Love It. Share It. Get Paid.
Introducing RateSupermarket.ca’s Refer a Friend feature! Love a great offer on our site? Telling the world is as easy as a click of a button – and we’ll give you a $25 credit every time one of your referred friends signs up and is approved!
Even better – you can cash out on your referral earnings any time for your choice of over 50 gift cards.
How Do I Join RateSupermarket.ca’s Refer a Friend?
Joining is easy and completely free – just create your RateSupermarket.ca user profile to be eligible for the program. The User Profile Login is located in the top right-hand corner of the home page:
Step 1: Create your user name and password
Click the blue Create Account button and register your email address and select a password…
How To Save For Retirement As a Stay at Home Parent
– ratesupermarket.ca
Saving for retirement is important, at any age and life stage. We know this. It’s fairly simple to sock away money here and there as a single full-time employed adult with minimal expenses, or as one half of a married, working couple. But what happens when kids enter the equation? What about when one parent elects to stay home?
As Kelsey Mazzone, a mother of three from Keswick, Ont., can attest to, it becomes slightly more complicated.
“There is less money available to put towards retirement,” Mazzone says. “We have had to cut back in other areas to accommodate for retirement savings, which is important to us.”
Committing to Your Savings
Both Mazzone and her husband Louis started their own RRSPs before the age of 20. “Both of our parents are near retirement age and have mentioned they aren’t prepared. I think this has scared us and helped us to see how important future planning is,” Mazzone says.
But once they started their family and Mazzone stayed home with their kids, their contributions weren’t able to increase…
As Kelsey Mazzone, a mother of three from Keswick, Ont., can attest to, it becomes slightly more complicated.
“There is less money available to put towards retirement,” Mazzone says. “We have had to cut back in other areas to accommodate for retirement savings, which is important to us.”
Committing to Your Savings
Both Mazzone and her husband Louis started their own RRSPs before the age of 20. “Both of our parents are near retirement age and have mentioned they aren’t prepared. I think this has scared us and helped us to see how important future planning is,” Mazzone says.
But once they started their family and Mazzone stayed home with their kids, their contributions weren’t able to increase…
Avon Products will eliminate 600 more jobs as it continues to try to bring down spending
– canadianbusiness.com
NEW YORK, N.Y. – Avon Products said Monday that it will cut another 600 jobs as it tries to reduce its spending.
The company said most of the eliminated jobs will be in its corporate organization and its North American business. Avon had 36,700 employees at the end of 2013.
Avon Products Inc. is the world’s largest direct seller of cosmetics, but its sales have been steadily dropping. Under Sheri McCoy, who became CEO in 2012, Avon has cut costs, slashed thousands of jobs and left unprofitable markets.
Avon is trying to trim $400 million in spending by 2016 and said that the latest cuts should contribute $50 million to $55 million in annual savings.
It said it expects to take $45 million to $50 million in charges as a result of the cuts, with most of those coming in the second quarter.
Sliding sales have not been the only problems at New York-based Avon. In May the company said it would pay $135 million to settle a long-standing U.S. government probe into whether it paid bribes in China and other countries to gain favours…
The company said most of the eliminated jobs will be in its corporate organization and its North American business. Avon had 36,700 employees at the end of 2013.
Avon Products Inc. is the world’s largest direct seller of cosmetics, but its sales have been steadily dropping. Under Sheri McCoy, who became CEO in 2012, Avon has cut costs, slashed thousands of jobs and left unprofitable markets.
Avon is trying to trim $400 million in spending by 2016 and said that the latest cuts should contribute $50 million to $55 million in annual savings.
It said it expects to take $45 million to $50 million in charges as a result of the cuts, with most of those coming in the second quarter.
Sliding sales have not been the only problems at New York-based Avon. In May the company said it would pay $135 million to settle a long-standing U.S. government probe into whether it paid bribes in China and other countries to gain favours…
Your Biggest Savings Struggles
– ratesupermarket.ca
They say you should always pay yourself first – whether you’re putting money into an RRSP, RESP, or a rainy day fund. But let’s face it – with life’s never-ending expenses and ever-growing cost of living, saving can be a real struggle. This week on MoneyWise, we look at some of the toughest savings scenarios, from single-income retirement to getting a hold in today’s red hot housing market.
How to Save for Retirement as a Stay-At-Home-Parent
Canadians know it’s savvy and responsible to save for retirement – but it’s hard to contribute to the family nest egg as a stay-at-home-parent. How do single-income households manage to sock it away? One mom shares her own family’s savings strategy.
Read Jaclyn’s Blog | How to Save for Retirement as a Stay-at-Home-Parent
CREA May 2014 Report: A 4-Year Record for Sales
Canadian home prices may be through the roof – but that’s not stopping determined buyers with a dream home in mind. The latest numbers from the Canadian Real Estate Association find that sales have actually increased to a four-year high this spring…
