Preparing for retirement is an extremely important task, but one that doesn’t receive nearly the attention it deserves. To set yourself up for a happy retirement, you’ll want to do more than figure out how to just “get by.” After all, no one wants to spend their golden years wondering when- or if- their […]
toronto personal finance
Debit Card Mistake That Can Cost Big Bucks
There are some pitfalls that consumers should know in order to prevent their money from being tied up unnecessarily. The “Oops” Scenario The way debit card purchases work is that the retailer rings up your sale, swipes your card, receives an approval code, and the bank then puts the amount of the purchase into […]
Home Equity Lines of Credit – What You Need To Know
The money can be plentiful, relatively easy to get, and hard to resist. A home equity line of credit can help improve your living circumstances and possibly lead to financial gain. But according to an RBC report last week, Canadians’ outstanding debt on personal lines of credit hit $266 billion as of April, a 3.2 […]
9 Best Places To Retire In Canada
Hockey is what comes to mind when most people think about Canada, not retirement. But, there are countless beautiful places to retire in Canada, and all of them bring with them many different and unique benefits. Here are the top 9 places to retire in Canada. 1) Moncton, New Brunswick Those retirees who are looking […]
Canadian Families Spend More on Taxes Than Food, Shelter
The average Canadian family now spends more money on taxes than on food, clothing and shelter, according to a report by the Fraser Institute. “With growth in the total tax bill outpacing the cost of basic necessities, taxes now eat up more family income, so families have less money available to spend, save or pay […]