saving

Your net worth is one of the most important numbers to track over time. It’s the difference between what you currently own and what you currently owe, giving you an overall look at your financial picture … Read More

An RRSP loan may be a good idea, but read more to find out. March 1st, 2019 is the deadline for RRSP contributions. While retirement planning may not be at the top of your list—especially if … Read More

It’s RRSP season. You may have noticed the billboards along the roadways and banner ads when you log in to your bank account. Every year, the financial industry spends millions telling Canadians to put money into … Read More

By Michael Wickware for Planswell You probably know what a budget is, even if you don’t stick to one. The term “financial plan” might be a bit more confusing, because most people have never actually seen … Read More

Almost everyone knows they should have an emergency fund in case something unexpected happens. Potential job loss, health problems that keep you from working, and unplanned home or car repairs are just a few of the … Read More

Personal finance can feel like an insider’s club. There’s also a lot of “rules,” often centred around frugality and fitting into a clearcut style of budgeting — even if it doesn’t necessarily fit your circumstances. When … Read More

The term Big Five says it all: When it comes to banking, Canadians don’t have much choice. If your current chequing account is your first and only, you’re among friends — a large number of respondents in … Read More

They used to call it “moonlighting,” and it had a serious negative connotation. Just a few generations ago workers were expected to show unwavering loyalty to their employers, and the idea of someone taking on a … Read More

A recent survey from BDO suggesting that 3 in 10 Canadians don’t have enough money to meet their needs highlights just how important it is for parents to teach their children about personal finance. It is … Read More

If you’re shopping for a rewards credit card (or already have one in your wallet), odds are you’re familiar with what an annual fee is and have put considerable thought into how to avoid it. In … Read More