Deposits

Thinking of starting an emergency fund? This article provides the definition, along with a guide detailing how to build your own emergency fund.

This post is sponsored by EQ Bank We’re all familiar with the ordinary, run-of-the-mill savings account.  It’s a safe place to store your money, earn incremental interest, and keep your savings an arm’s length away from … Read More

This post is sponsored by the CDIC. As you go about your daily banking online or watch the ATM dutifully swallow up your deposit envelope, have you ever stopped to wonder just how safe your hard-earned … Read More

This post is sponsored by CIBC. You don’t have to be a personal finance aficionado or an over-optimizer juggling multiple accounts to rack up huge rewards. Just keeping things simple and making the switch to a … Read More

This post is sponsored by EQ Bank. It can sound almost too good to be true: earn up to 30 times more interest1 than what the big banks offer on savings accounts, with no minimum balance … Read More

You’ve likely noticed the interest rate gains landing in your savings account has recently dropped. In some cases, by quite a bit. Among the numerous, disorienting financial impacts of the COVID-19 pandemic, the Bank of Canada’s … Read More

What is a broker? If you’re getting a mortgage, investing in shares, or opening a GIC, you need to know what a broker is and how they can help you.

Let’s face it: GICs aren’t exactly the most exciting investment option out there. You’ll get all the money you invested back, plus a little interest. While that may sound like a knock against GICs, it’s not, … Read More

With the COVID-19 pandemic continuing to disrupt most of the world, many of us have more questions than answers. Being in lock-down is stressful and tiring, and with no idea of when some sort of normalcy … Read More

Tax-Free Savings Accounts (TFSAs) are investing tools designed to shelter your savings from taxes. While its name implies that it is a savings account, TFSAs are accounts that keep your investments and the interest that they earn tax-exempt.