A Money Guide for Gen Y
Mortgage News / Personal Finance / Personal Finance News

A Money Guide for Gen Y

Back to school season is upon us, and many post-secondary students are already on campus, and spending their hard-won student loans. In addition to Psych 101, the college years often offer a crash course in “grown up” money management – but is generation Y really getting the message? One study finds the majority aren’t sure when they’ll pay back their student debt, while another suggests Boomer parents simply foot the bill. Continue reading »

Get More Money From Your Main Bank
Mortgage News / Personal Finance / Personal Finance News

Get More Money From Your Main Bank

Did you know: Canadians identify their “main bank” as the one where they keep their chequing account. 91% of consumers have one at their primary lender, according to our recent study. But things get foggier when it comes to why they signed up with their bank in the first place – in a recent street poll, many stated they’d been with their banks since childhood. Seems like it’s high time we explored our options for greater value! Continue reading »

Confused By Canadian Finances?
Personal Finance / Personal Finance News

Confused By Canadian Finances?

A few reports came out this week, underscoring the knowledge gap between Canadian consumers and the state of their personal finances. An annual debt report released by BMO finds household debt levels continue to skyrocket, as consumers clamour for mortgages and cheap credit. Meanwhile, a study shows many TFSA investors still aren’t clear on their contribution rules. Continue reading »