RRSP

You still have a few months until the next RRSP deadline (March 1, 2020), but that doesn’t mean you shouldn’t start making contributions right now! Make use and calculating what you can do until the next deadline … 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 … Read More

Many of us can handle dip into our emergency fund or line of credit. Unfortunately, there are people that don’t have either option and they choose to get a payday loan instead.

The number of older students has increased in recent years and this has been driven by massive changes in the workplace. As technology continues to impact the way we work and the types of jobs we do, the need to adapt in the face of an evolving work environment is only likely to increase.

Though merely a handful of online banking options are available, Alterna Bank is one of Canada’s best digital banks. Alterna Bank offers all of the products major financial institutions do, without the fees and restrictions—with exceptional … Read More

If you’re new to online investing, you have the option of doing it yourself by using one of the many robo-advisors or online brokerages in Canada. When you put your investments in a registered account—such as an RRSP or tax-free savings account (TFSA)—it’s less complicated because you won’t have to worry about calculating taxable income.

Ratehub.ca helps thousands of people from all financial backgrounds find the best interest rates in Canada each and every day. The information we’ve gathered through our diverse customer base allows us to figure out what our customers across ten provinces and three territories preferred when it came to banking and investing accounts.

When your TFSA and RRSP are maxed out and you’re looking to avoid penalties, try two trusty non-registered savings vehicles: high-interest savings accounts and guaranteed investment certificates (GICs). These savings tools don’t have any contribution limits or penalties. And they can help you keep your money safely saved while you wait for more contribution room to open up in your TFSA and RRSP on January 1st.

What is the best thing to do with your spare cash, pay off debt or invest? The answer, as you might expect, is that it depends. There are definitely some general rules to follow, though, and … Read More

More start-ups and companies are taking a customer-focused approach to doing business, with banks following en suite–and it’s about time. Thousands of Canadians each year are ditching their overpriced bank accounts and making the cost-conscious switch to … Read More