Personal Finance

You can plan and prepare for a lot of best- and worst-case scenarios in life, but the first few months of 2020 have been a sobering lesson in how quickly things can veer off course. The … Read More

Last week, 929,000 Canadians applied for employment insurance (EI) after being temporarily laid off due to the spread of COVID-19. That number is expected to repeat this week with the Canada Emergency Response Benefit, and as … Read More

What support is available to Canadaian renters during the COVID-19 pandemic? We’ve collected some of the options you have available.

For Canadians who are worried about the effects of the COVID-19 response, these programs welcome relief in the short-term. But a recession appears inevitable, and may already be underway. For the long-term, that means potential implications for your retirement savings and overall wealth. But the implications aren’t necessarily negative.

The once mundane grocery run has been turned on its head. Empty store shelves, panicked shoppers, countless news stories about people stockpiling a year’s supply of toilet paper – it’s become the new normal in the … Read More

We all know getting sufficient sleep is vital for our physical health, but, as it turns out, it’s also crucial for our financial health. There’s a direct link between the quality of sleep and wage increases, … Read More

In 2017, the average Canadian household spent $3,430 on clothing and accessories – just over 5% of their overall budget.  That works out to about $114 per month per person. By comparison, we spend a yearly … Read More

I was in my early twenties when my Dad gave me a copy of The Wealthy Barber Returns, written by Canadian personal finance guru David Chilton. Up until then, I had ignored any personal finance advice … Read More

For many Canadians, buying a car is a necessity. Unless you live in a densely populated area with amazing public transit, a car is an important time-saving tool. And if you live in a rural area, … Read More

A Joint mortgage is a great way to give yourself a boost onto the Canadian property ladder, but they’re not for everyone. Is a joint mortgage right for you?