When trying to get back on track financially, people always hear they have to both control their spending and/or increase … More
Category: Planning
TFSA basics
The Tax-Free Savings Account or TFSA was created in 2009 to help Canadians save more and potentially earn more interests … More
Competing financial priorities
It is not always easy to know what you should do first, financially speaking. Debt, mortgage, children, retirement planning and saving are extremely taxing on your hard-earned dollars.
Financial set-backs and debt fatigue
I have been hit in the pocketbook a couple of times recently, just when I thought I finally had my … More
Life insurance needs & being single
All too often we hear that single people with no dependents don’t need life insurance, period. I encourage single people … More
Emergency Fund basics
If you are battling with a huge debt load, chances are you probably don’t have any savings to your name. … More
Tackling debt
Now that you have decided to get your finances under control, the biggest challenge is to pay off your debt. … More
RESP basics
As I mentioned in previous entries, the cost of post-secondary education keeps increasing and can really be a huge financial … More
Creating a budget, part 2- tracking income and aiming for balance
Note: the following is primarily aimed for Canadian residents. Terms like CPP and EI are payroll deductions for Canada. … More
Creating a budget, part 1- tracking expenses
A lot people try to create a monthly budget from scratch and are unsuccessful. In most cases the numbers don’t … More
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