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Simplifying Money and Chasing Financial Independence

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Author: Stephanie

Alternatives to big cable companies in BC

Not so long ago, in the Lower Mainland – and I am sure it applies to the rest of BC as well-, people basically had 2 options when it came to cable, Internet and home phone services

Bell, cable providers, internet providers, Shaw, Telus, Universe, VMedia

High-Interest Savings Accounts and GICs in Canada

It is notorious Canadian banks and credit unions alike pay peanuts on savings accounts.

canadian personal finance, EQ Bank, high-interest Canada, high-interest savings, high-interest savings account, personal finance, personal finance blog, Tangerine, Tangerine key

When Financial literacy is not enough

A lot is being written about Financial literacy.

financial literacy

10 Financial killers

In my previous post, I shared how F.I.R.E. has an element of privilege to it.

canadian personal finance, car costs, consumer debt, daycare costs, debt, financial killers, personal finance, personal finance blog, student loan

F.I.R.E. explained and debunked

  F.I.R.E. is a very popular acronym is the Personal Finance blogosphere. It stands for Financially Independent Retire Early. Over … More

early retirement, F.I.R.E., financial freedom, financial independence, retiring early

The importance of the emergency fund

I have heard a lot of names for the Emergency fund: Back-up fund, F-U fund, Opportunity fund, Rainy-Day fund…whatever you want to call it, it is just semantics. 

emergency, emergency fund, unexpected expense, unplanned expense

Time-weighted vs. Money-weighted rate of return

With the implementation of CRM2, Canadian banks, investments brokers, mutual funds dealers and other financial entities must disclose the method used to calculate the rate of return of a portfolio or investments like an ETF or a mutual fund.

CRM2, investments, mutual funds, personal finances, rate of return

The higher tax-bracket myth

Very often, I hear people complaining about paying more taxes as a result of working overtime, taking a second job or receiving a bonus.

Canadian tax system, higher tax bracket, income tax Canada, progressive tax system, tax bracket

To combine finances or not?

When two people are in a committed relationship, the question of moving-in together comes-up at some point.

combining finances, couples finances, finances for couples, personal finance, personal finance blog

My personal tips to save money

At the Money Savvy Blog, we regularly receive questions on “how to save money”. 

avocado toast, latte factor, money saving, money saving tips, save money, saving, saving money

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