Deposits

More than eleven million Canadians have already filed their taxes according to the Canada Revenue Agency (CRA). As of April 6, the average refund works out to quite a sizeable chunk of change: $1,788. While many … Read More

This article is sponsored by EQ Bank. The thoughts and opinions are my own. Contrary to the popular expression, sometimes money and love (or family and friends) do mix. Case in point: joint savings accounts. A … Read More

Retirement is a life chapter that many will spend decades planning for using a Registered Retirement Savings Plan (RRSP). RRSPs have been a staple of Canadian personal finance since 1957. Since then, financially savvy Canadian citizens have taken full advantage of the exceptional tax benefits that this savings program provides. To add icing to the personal finance cake, RRSPs can also hold various types of investments along with savings—all of which can grow tax-free.

An online brokerage – also known as a discount brokerage – is a must if you want to take investing into your own hands and trade individual stocks, bonds, or exchange-traded funds (ETFs). The best thing … Read More

This post is sponsored by EQ Bank. The views and opinions expressed in this blog, however, are my own. We Canadians are very fortunate to have two powerful, government-approved ways to ease our tax burden and … Read More

High-interest savings accounts provide a great vehicle for long and short-term savings, with many of the best high-interest savings accounts in Canada offering interest rates over 2%.

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.

This blog is sponsored by EQ Bank. The views and opinions expressed in this blog, however, are my own. Let’s face it. Nobody likes to read the fine print. But if you’re looking for the best … Read More

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