What is The Difference Between a Bank and a Credit Union in Canada?
When it comes to keeping your money stashed in a safe place and taking advantage of financial products, the local big banks tend to be the go-to source for many Canadians. Yet while banks certainly do serve their purpose, they are not the only financial institutions available for… Read More
How to Manage Your Money Successfully
Wouldn’t it be great if there was a magic formula you could use so that you never have to worry about finances or money ever again? Unfortunately, that doesn’t exist. Thus, each and every person is in control of their own money management, no matter how much or… Read More
What You Need to Consider When Shopping For Low Interest Rates
When making expensive, but necessary purchases throughout your life, such as financing a car or mortgaging your home, the majority of us can’t pay the full amount up front. For instance, a home in this day and age can cost well over $350,000. That’s why lenders, banks, and… Read More
How to Get The Best Rate for a Line of Credit in Canada
Every now and then, people need a little bit of boost to their bank account. This could be for a number of reasons, whether you are having trouble paying your bills or need some extra money to make a big purchase. Oftentimes, people… Read More
Financing Your Next Computer in Canada
With technology always advancing and seemingly everything being done online these days, having a decent computer is more important than ever. However, computers are fairly expensive and even lower-end models can easily cost hundreds of dollars. On top of that, if you’re looking to get a high-end gaming… Read More
Furniture Financing in Canada
Whether you are moving into a new apartment or home, or simply just want some updates to your décor, furniture shopping is something all of us will do at one point or another. It is an exciting time with so many options for… Read More
A Look at Safe vs Risky Investments
While saving is likely the most important thing when it comes to building a good foundation of wealth, don’t discount the importance of investing. While many savings accounts are rarely higher than around 1% returns per year, investments can be much higher. Of… Read More
What to do When You Over Contribute to Your TFSA
If you want to save money tax-free for your future, the TFSA is for you. It is a great way to let your money grow and mature in a tax-free manner. However, don’t just throw money in there without a care or thought, or you will find yourself… Read More
What to do When You Over Contribute to Your RRSP
An RRSP is a wonderful tool to help you save more money for retirement. However, there are some rules when it comes to contributing to an RRSP that if not followed, you can find yourself in some trouble. But, before you go into… Read More