Monday January 18 marks Blue Monday – the most depressing day of the year. The third Monday of January is the period when Canadians see less sun, abandon New Year’s Resolutions, and begin receiving credit card bills from the holidays. Despite several economic forecasts indicating that most Canadians would be spending less than usual on […]
Archives for January 2021
Is Renting to Own Furniture a Good Idea?
Consumerism is all around us, and it’s becoming increasingly difficult to ignore. According to Forbes, the average person is exposed to approximately 4,000 to 6,000 ads each day. It’s no wonder everyone wants to buy the latest car, tool or cell phone. In today’s consumer-driven society, the ads we most often come across are for […]
TFSA vs RRSP: Which One is Better for Me?
When researching different types of investments, registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs) are often considered. Although contributing as much as you can to both is the optimal financial strategy, it is often not feasible. This typically leads to people choosing one over the other. Making the best financial decisions starts with […]
