Not sure how to make a savings plan? Read on…
Latest News
Best fixed-income ETFs for Canadian investors 2026 + MORE Apr 29th
With the downturn in stock markets in 2026, many investors are grudgingly coming around to the realization that they need exposure to other asset classes in their portfolios. And the most readily available is bonds, which have the advantage, historically, of being negatively correlated to stocks. Th.... More »
The Best Rewards Credit Cards of 2019 Nov 2nd
Whether it’s rebating you in points, a statement credit, or cash-back in your bank account, a good rewards card maximizes on your everyday purchases and ultimately helps you save.
To determine which card will provide you with the most in savings, you must first evaluate your spending patterns to .... More »
What is an emergency fund and how to build one + MORE Apr 11th
Table of contents
What is an emergency fund?
Why do I need an emergency fund?
How much should I keep in an emergency fund?
What qualifies as an emergency?
What doesn’t qualify as an emergency?
How to build an emergency fund
Set a monthly budget and find out how much you can set aside
Choos.... More »
How the elimination of interest on federal student loans could give graduates a boost + MORE Nov 28th
All about Canadian Savings. Learn the ins and outs and get the latest news.
How the elimination of interest on federal student loans could give graduates a boost - thestar.comContinue Reading On thestar.com »
Tools and habits to stay on track with your money goals - moneysense.caIn re.... More »
When will I receive my Old Age Security benefits? OAS payment dates for 2026 + MORE May 27th
If you’re close to retirement or are a pensioner trying to manage your monthly budget, it helps to know when your Old Age Security (OAS) benefits are paid out. The government publishes the payment dates and provides a wealth of information about the program, but you may still have questions. We’.... More »
Top Ways to Save Money As a New Parent
– ratesupermarket.ca
As a new parent, it’s very easy to go overboard on spending. After all, who wouldn’t want to shower an adorable new human with an influx of cute items? The truth is, you can spend as much or as little as you want and still have all the necessities for your little one. These days, there are so many creative ways to be thrifty while continuing to get high quality products. Social media plays a large role in the quest for baby stuff, and parents everywhere – and their wallets – are thankful.
Here are a few ways to become a shopping savvy, frugal parent in 2017:
Use loyalty points
Loyalty points are a great way to stretch your dollars that extra mile further. New parents will see their expenses increase in certain areas (can we say diapers?), so lining up a good credit card or two will mean savings down the road. Here are a few of our favourite picks for new parents based on loyalty points for groceries, pharmacy purchases, and of course, movies with your tot:
President’s Choice Financial® World Elite MasterCard®: Diapers and baby food will surely eat your grocery bill, so you might as well benefit by using a grocery rewards card…
Weighing Your RRSP Options Before Investing
– ratesupermarket.ca
Over the next month, you’ll likely see a lot of ads and articles reminding you to invest in an RRSP. This is because the deadline for investing in a new RRSP and qualifying for a rebate on your 2016 tax return is March 1st, 2017.
But RRSPs aren’t the only investment option at your disposal. And the advisors telling you that you’ll get a refund just by investing aren’t telling you the whole story. Depending on your stage of life and financial situation, you may be better off investing in TFSAs or RESPs. Here are some tips to help you figure out your best investment options.
RRSPs, RESPs, TFSAs: What the diff?
First, a quick primer on the three options.
Registered Retirement Savings Plans are an investment program created by the federal government to encourage individuals to save for their retirement. The investment options include GICs, bonds, shares, and mutual funds. Whatever amount you spend on your RRSP – up to your personal contribution limit – is deducted from your total income for that year…
