November marks Financial Literacy Month across Canada. After a difficult year for many Canadians, more and more people are facing financial hardship. Financial Literacy Month aims to help Canadians learn how to better manage their finances in challenging times. “Financial literacy gives Canadians the confidence to make smart financial decisions, and if this year has […]
Money Management Tips for Young Adults
Graduating from college or university, landing that first job and renting an apartment is an exciting chapter in any young adult’s life. Finally standing on your own two feet is a rite of passage, however in today’s economy, the cost of that rite of passage is increasing drastically. Millennials and Generation Z are finding themselves […]
What You Need to Know About Summer Car Care
Summer is upon us once again, meaning it’s time for scenic road trips and long drives up to the cottage. Unfortunately, many Canadians neglect the most important part of any summer holiday: our car. A well-maintained car can not only save you future headaches, but a great deal of money as well! Let’s start with […]
6 Common Money Management Mistakes
Money. You work so hard to earn it, yet it seems to disappear so fast. Even if you’re adamant about putting money aside, you may find yourself dipping into it in the event of an emergency or an invitation for a night out that you just can’t say no to. Managing money is not easy, […]
How to Stay Safe Online During Fraud Prevention Month
Fraud can affect people from all walks of life, regardless of their age, race, education levels or economic background. Both individuals and businesses are commonly exposed to fraud and online scams during their daily routines, and many of us are guilty of giving away too much personal information to a stranger or posting it online. […]
7 Tips for Sticking to Your New Year’s Financial Resolutions
Ah, those New Year’s Resolutions. Remember them? Sometimes it seems easier to lose 20 pounds than it does to get your debt under control and start budgeting. Have you made any progress with your resolutions? According to Business Insider, 80% of New Year’s Resolutions fail by the second week of February. Why? Primarily because people […]
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 […]
How to Choose the Best Savings Account
Whether you’re saving for a new car, a down payment on a home, or post-secondary education for your kids, opening a savings account is an important step to achieving your savings goal. Savings accounts are important because standard chequing accounts don’t pay the kind of interest that makes saving worthwhile, while investments in stocks or […]
5 Leading Causes of Financial Problems (and What To Do About Them)
Most people incorrectly assume that the cause of financial problems is living an overly lavish lifestyle, but this is simply not the truth. Oftentimes, people find themselves deep in debt or on the brink of bankruptcy because of a significant life change. The truth is debt can happen to anyone. Nobody plans to have money […]
Two Simple Steps to Get Your Finances Back on Track
When it comes to your finances, have you ever sat and thought, “Where have I gone wrong?” It’s never too late to evaluate your financial situation and get yourself back on track. But going through your finances is like making that New Year’s Resolution – you mean well, you’ll plan on doing it, but you […]
