In some homes it’s considered rude to talk about money. And, perhaps, that’s why we’re in the state we’re in. To some of us, the mere mention of “savings” conjures up cold sweats and waves of panic. We all know that we should be saving more, but very few of us are. Why is that? Are we so disconnected from our finances that we don’t know how they work anymore? Well it’s time to reconnect with our money instead of avoiding it like the plague. The first step? Here’s a beginners guide to choosing the right savings account for you. READ MORE
The average age people in Canada retire is 63. Some retire later because they can’t imagine life without work, while others continue working only because they have to. When do you want to retire? How are you going to make sure you stop working when you want to? If you want to start a retirement plan or revamp your current plan, here’s a few options that will help you get the best bang for your buck in the years to come. READ MORE
Let’s be honest; most of us don’t start saving for something until we really want it – by then most of us wish we started saving a heck of a lot earlier. When we’re younger we save for smaller, more attainable things, like CDs, concert tickets and new clothes. As we mature, we start looking at the bigger picture. There are many reasons why you might want to start saving some money. READ MORE
Financial planning – it sounds dead easy, right? So why would you pay someone to plan for you when you can do it yourself? Besides, isn’t the money you’d spend on a financial planner better off in the bank with all of your other… ahem – savings? Think financial planning is easy, but don’t have the funds to prove it? Listen up. READ MORE
Although some of us are better savers than others, most of us could still use a little help. As we grow and mature, so do our financial needs. It goes without saying then, that our savings plans should change with us. Check out these practical savings tips for people of all ages and all stages of growth. READ MORE
The greatest gift you can give your child isn’t an iPad or a new bike – it’s a savings account. That gift could set them up for life… just don’t expect your child to be too thrilled about the idea! Opening that first account is an important milestone for children and should be treated as such. READ MORE
TFSA versus RRSP. Even without the long acronyms these two money saving products have a lot on common. Both investment vehicles offer tax incentives for savers and encourage you to plan for the future. Here’s how these 2 options measure up against each other. READ MORE
Our First Time HomeBuyer's Guide is a series of 14 daily emails that will take you through each step of this exciting process. Think of it like a two week boot camp to get you into shape for buying your first home.