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…

Grow Your Money

How to automate saving

Don’t sweat it. It’s not as complicated as it sounds. You won’t have to code some sort of algorithm to control your online banking. In fact, it takes less than…

Managing Your Money

RRSP vs TFSA. Which is better for you?

TFSA (Tax-Free Savings Account), RRSP (Registered Retired Savings Plan), TMATC (Too Many Acronyms to Count)… Ok, we might have made up that last one. But with RRSP contribution deadline just…

Grow Your Money

5 quick tips to make the most of a 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

All about term deposits

What exactly is a term deposit, and how does it work? We’ve put together a guide to understanding all things term deposit – that includes how they play into your…

Grow Your Money

How much money do you need to retire?

Short answer: it depends. Long answer: a lot of times it’s the amount of money we’ve saved and our lifestyle goals that truly determine when we can retire. The average…

Grow Your Money

Understanding your financial risk tolerance

All investments have some degree of risk involved. Finding where you fit on that scale is critical to your financial success. Too much financial risk can cause panic or sleepless…

Grow Your Money

Investing in your 50s and 60s.

Three words: retirement is coming. Your fifties are an important decade. You’re near enough to retirement to feel its hot breath on your neck.  You are potentially in your peak…

Investing in your 50s and 60s
Grow Your Money

Why it’s important to invest with a goal

Not having an investment or financial goal is similar to driving around without a clear destination. It sounds kind of silly when you think about it, doesn’t it?  When we…

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