Debt

We’re seeing an increase in the number of people struggling with debt take advantage of higher house prices to refinance their credit cards. They’re doing this using their home equity either through a second mortgage or … Read More

Humans are designed to help each other; it’s in our genes to make sure those we love thrive. That’s why parents gift down payments to their children, and why children go out of their way to … Read More

Canadians are well acquainted with the concept of IOU. According to TransUnion, the average Canadian’s non-mortgage consumer debt load climbed to $29,312 in the fourth quarter of 2017, with an average credit card balance of $4,154. Consumer … Read More

The Olympics are a spectacle to behold; there’s nothing quite like watching world-class athletes complete physical feats us mere mortals could only dream of attempting. One particularly exciting event, in this writer’s opinion, is the hurdles. … Read More

I’ll admit it, spending is fun. Whether it be on some new gadget or eating at the newest restaurant, parting with your hard earned cash can be quite rewarding. How you manage your day-to-day expenses is … Read More

More than nine million Canadians have already filed their tax returns, according to recent statistics from the Canada Revenue Agency (CRA). As of April 2, the average refund amount per tax return was $1,620. While many people … Read More

Shannon Lee Simmons’ office is basically a confessional. After thousands of conservations with clients over the last decade, the Toronto-based certified financial planner and founder of The New School of Finance found a commonality: Everyone, no matter their … Read More

In 2014, Chelsea Fagan decided to go on a diet. What started as a personal Tumblr to track her budget and hold herself accountable grew into The Financial Diet, a popular blog and YouTube channel with … Read More

New mortgage rules, data breaches, and climbing debt levels are following Canadians into the new year. More importantly, how much would it cost Han Solo to insure the Millennium Falcon? Here’s what you need to know … Read More

If you’re carrying credit card debt, it makes sense to pay it off as soon as possible. To do this, you have a few options to accelerate the speed with which you can pay it off, … Read More