Smart Ways to Get Smarter About Money
Smart Ways to Get Smarter About Money It would be too dangerous to get behind the wheel of a car without knowing the rules of the road or even where the gas and brake pedals are. Yet that’s the way many Canadians “steer” their personal finances, with no real understanding of how money works or […]
Household Finance 101 for Students
Household Finance 101 for Students You have made the decision to go to school to set yourself up for a career you will love. Many careers are not only rewarding from a self interest level but also can be financially gratifying. Before you go planning your whole life, here’s a myth many people believe to […]
How to Help your Kids Financially
Planning to help kids financially Our children today will face a myriad of financial challenges which will be more difficult than what we (adults) have faced in our lives. Schooling costs more, housing costs an incredible amount more, wedding costs have gone up, and just keeping food on the table are becoming huge expenses. Take […]
Socially Responsible Investing – video
Invest in our planet for a more sustainable future. On April 22, 1970, a modern environmental movement was formed to raise awareness for environmental concerns. Goals were set to reduce pollution, and increase the protection of human health. Today, this massive movement has mobilized over 1 billion individuals and has us all taking some form […]
How 2021 Became the Year of ESG Investing
How 2021 Became the Year of ESG Investing Investors concerned about climate change and social justice had a bumper year in 2021, successfully pushing companies and regulators to make changes amid record inflows to funds focused on environmental, social and corporate governance (ESG) issues. A record $649 billion poured into ESG-focused funds worldwide through Nov. […]
5 Tips for Managing Your Expenses
Are you looking for ways to keep expenses under control so you can improve your financial situation? That’s an important step toward achieving your objectives, since reducing debt and growing your savings will help you build wealth for the future. Managing finances has become more complex than ever, so the challenge for many people is […]
Putting Your Wealth Plan Into Action
Putting Your Wealth Plan Into Action When we think of health, we immediately think about our bodies and minds. But what about our finances? Maintaining our financial well-being is crucial to ensuring a secure future – one that can even help reduce the stresses that come with an uncertain financial situation. It may no longer […]
Why Credit Scores Matter
Why Credit Scores Matter What are credit scores? Essentially, credit scores (also known as a credit rating) is a number between 300 and 900 that shows lenders how good you are at borrowing money and paying it back. Along with a credit report, it’s a key piece of information that they’ll look at whenever you […]
When the Gross-up Means a Clawback: The Impact of Dividend Income on Old Age Security
As a retiree, it’s important to understand how the eligible Canadian dividend income you may receive affects your Old Age Security (OAS) – and whether to do anything about it. Here’s what you need to know to make an informed decision about managing this aspect of your retirement income. Eligible Canadian dividends and your taxes […]
Parents, Get More Out of Retirement by Getting the Most Out of Your CPP
Stay-at-home parents know that it’s a full-time job, and then some! Taking time to care for young children can include leaving the workforce or reducing your hours. Naturally, this impacts your earnings and how much you contribute to the Canada Pension Plan (CPP), or QPP in Quebec. But it shouldn’t impact the quality of your […]