Managing Your Money

What do rate hikes mean for my money?

Two years ago, at the outset of the pandemic, the Bank of Canada aggressively dropped the overnight lending rate to battle the economic impact of COVID. The Bank signaled that…

Managing Your Money

A line of credit and what it’s good for

When you’re looking for financing, you’ll find no shortage of options. But how do you choose which solution is right for you? Most people are familiar with two popular ways…

Managing Your Money

The secrets to smart estate planning.

A 2018 poll from the Angus Reid Institute found that half of Canadians (51%) say they have no will in place, while only one-third (35%) say they have one that is…

Managing Your Money

It’s tax time: How to claim up to $500 on home office expenses.

For many, our homes became our offices over the past few years. So it only made sense that the Canadian government made changes to the tax policy regarding home office…

Managing Your Money

Loan or LOC? A look at two lending options

There are many times in life where borrowing money will be necessary. For example, you might want to buy a car, do home renovations, or consolidate debt. The good news…

Managing Your Money

How to buy a home with less than 20% down.

You’ve been browsing real estate ads and dreaming of homeownership but haven’t yet socked away enough cash for a down payment. The good news is there still may be a…

Managing Your Money

5 tips to make the most of your TFSA

A tax-free savings account (TFSA) is like a bottle of red wine – it gets better with age. Compound interest and yearly contribution allowances enhance its benefits with time. Not…

Managing Your Money

Budgeting for the year ahead | Global Morning News

  The start of the new year is the perfect time to set some financial goals, and putting together a budget can be a great first step. For more on…

Managing Your Money

Holiday spending tips to stay on budget | Global Morning News

  Holiday spending is expected to return to pre-pandemic levels this year, but what does that mean for your household finances? For more on that, and some budgeting tips, we’re…

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Managing Your Money

RRSP vs TFSA. Which is better for you?

The great debate: TFSA vs RRSP With the RRSP contribution deadline just around the corner, it’s important to know about all your savings options. Today we break down which savings…

Managing Your Money

What to do with your tax refund

A refund is basically free money, right? Once you receive your tax return, your knee-jerk reaction may be to spend it on a new spring wardrobe or hop on a…

Managing Your Money

8 money tips for university

The start of the school year is an exciting time. It means giddy reunions with your friends, welcome back parties, cracking open… brand new notebooks, lugging textbooks across campus, nuking…