1 in 4 indebted Canadians admit to making poor progress on paying down their debt. Having a budget and debt repayment plan can go a long way to reversing this trend. The first step is to pay attention to where your money is going. You may not even realize how much you are spending.
We need to represent women and their finances appropriately but sometimes by broad based differentiating, we somehow create a separation in ways that aren't necessary. Personal difference unique to individuals are far greater than any difference by gender.
There is much discussion about portfolio positioning and considerations for late cycle investing. Many of us would love a crystal ball, but alas, we don’t have one. We are left to carefully weigh facts to help us make educated decisions and calculated risks with the information available to us.
Taking time off work to care for your child often means leaving the work force, or working fewer hours. If you do so, you will naturally have less contributions toward your Canada Pension plan than if you worked full time and contributed fully into CPP during those same years. For the stay at home parent, this may lead to a lower CPP pension payment in retirement.
If you’ve had cancer, can you still be approved for life insurance? While there is no simple response, there is a good chance the answer is yes.
If you make an RRSP contribution in 2018, you need to include the deduction on your 2018 income tax return, right? Wrong.
2018 was the weakest year for global markets since the great financial crisis in 2008.
It has been said that retail investors, if left to their own devices will often behave in the opposite direction they should.
It seems the comparison of the Tax Free Savings account (TFSA) versus Registered Retirement Savings Account (RRSP) is still often misunderstood.
As 2018 has drawn to a close, it’s natural to reflect on the year’s challenges—in both the equity and fixed income markets around the world.
Life insurance can make all the difference to the survival of a family after a death helping them to make ends meet.
The financial business can be confusing and overwhelming, and it’s easy to freeze and do nothing. As time ticks on, it’s easy to lose sight of the potential damage to one’s future financial situation through loss of time and missed opportunities.