Home insurance keeps getting more and more expensive. Add in mortgage payments, property taxes, utilities, etc. and it can become overwhelming. Want to save on your home insurance premium? Here are 10 ways to do so: Also Read: 10 Strategies To Raise Your Credit Score: Infographic 4 Ways To Pay Off Your Mortgage Faster: Infographic […]
[Read more]
Although summer is gone and winter is approaching, there’s always something that can be done per season to lower your gas usage. Want to lower your gas usage and save some money? Here are 12 ways that will get you there! Also Read: Closing Costs When Buying a Home: Infographic 5 Ways to Save Up […]
[Read more]
There are many reasons why you may want to transfer your registered investment accounts from one financial institution to another. Some of these include: To consolidate all your accounts in one bank or financial institution for ease of access and management. When looking for cheaper investing options such as lower MERs. Interest in proprietary investment […]
[Read more]
With increasing interest in DIY Investing in Canada and the maximization of investment returns by lowering fees, the term “index investing” has greatly grown in popularity. Before digging deeper into index investing, let’s first clarify what it means and how the terminology came about. A stock index refers to a specific portion of the broader […]
[Read more]
If you are appalled at the exorbitant cost of investment fees in Canada and the toll it takes on returns, you’re not alone. A Morningstar report showed that Canada had a D- score when it comes to fees and expenses, bottoming out in a comparison among 25 different countries. Essentially, what this means is that […]
[Read more]
When buying a home as a first-time home buyer, the mortgage down payment is usually at the forefront of your planning. However, closing costs can just be as significant – anywhere from 1.5% to 4% of the selling price of the house. Some of the closing costs you should prepare for include: Also Read: 10 […]
[Read more]
The Registered Disability Savings Plan (RDSP) is a savings program designed by the Canadian government to assist people with disabilities. The RDSP was implemented in 2008 and was the first program of its kind worldwide. It has been hailed as a great milestone in the effort to provide people with disabilities with financial security. Eligibility […]
[Read more]
Have you recently purchased a new sofa to furnish your new house? Are you in the market to buy new big-ticket items? Electronics? Appliances? Car? Computer? Smartphone? When you buy a new item these days, you’re inundated with requests by the salesperson to buy an extended warranty. In-store sales staff frequently paint a picture of […]
[Read more]
Sign up today to join other visitors who receive our latest scoop on personal finance, DIY investing, and other free financial tips delivered to their inbox once a week. You will also receive our FREE e-Book!