Should Parents Pay For University Tuition?
Personal Finance News / Saving For Retirement / Savings

Should Parents Pay For University Tuition?

Paying for university these days isn’t cheap – and it’s not getting any more affordable. And, as the cost of tuition keeps rising, many parents are lending a hand to help pay for their child’s education. While some wouldn’t think twice about this financial arrangement, a new survey finds doing so can have long-lasting consequences for parents who should be focusing instead on their retirement funds. Continue reading »

Infographic: Wealthy Canadians Use Mortgages as Investment Tool
Growing Your Money / Mortgage News / Mortgages / Savings

Infographic: Wealthy Canadians Use Mortgages as Investment Tool

We’re often told paying off your mortgage as quickly as possible is the best investment you can make, but not all Canadians see it that way. Two thirds of high-net-worth Canadians – those with over $500,000 in investible assets – that have a mortgage have the cash available to pay for their home in full, according to a recent Investors Group survey. Continue reading »