What Will You Do With Your Income Tax Refund?
Spring is a fantastic time of year! The weather gets warmer, summer is on its way, and you get your income tax refund. So, what will you do with your tax refund? Well, you have lots of options. You can…
Senior Citizens Debt Crisis in Canada: A Growing Concern
As Canada's population ages, the country is facing a looming financial crisis that doesn't garner as much attention as it deserves - the senior citizens debt crisis. Despite the common belief that seniors are financially secure, a significant portion of…
Homeowners Facing Increased Mortgage Payments and High-Interest Rates | Mortgage Renewal Options
Thousands of mortgages come up for renewal every year in Canada. By March 2025, 31% of Canadian homeowner's mortgages will be up for renewal. Mortgage rates have risen rapidly since March 2022 and as a result, many mortgage holders will…
Financial Personality Types – Habits of the Rich vs the Poor
Do you handle money differently than your family and friends? Are you ever surprised by their financial decisions or envious of what they’ve achieved with their money? If you are, your financial personality might differ from those in your family…
Employment Insurance In Canada And Bankruptcy
Are you afraid you might lose your job? The thought of being unemployed is scary at the best of times. The fear becomes even worse when economic conditions are uncertain as they are now. You may have enough savings to…
The Canada Pension Plan And Bankruptcy
No one wants to retire in debt. But if you are one of the growing number of seniors facing this scenario - know you are not alone. If your only source of income is the government funds provided through Canada's…
The Cost Of Living In Ontario Compared To The Rest Of Canada
Life in Ontario is a dream for many people, with its diversity between nature and culture. The province offers thriving cities along with parks, forests, and freshwater lakes. But with inflation in Ontario skyrocketing, many Ontarians have left the province…
How Much Should I Pay In Rent? Am I Spending Too Much?
If you’re a renter or planning to rent, you’ll probably know how high rents are. The average rent in Canada was $2,005 per month in January 2023. Of course, where you live is a big factor in determining how much…
November Is Financial Literacy Month In Canada – Learning Good Financial Habits
Financial literacy means having the knowledge so as to develop skills to make responsible financial decisions. Not all of us were taught these skills when we were young but it’s never too late to reassess how we manage our money.…
Financial Anxiety – Dealing With Debt Stress Syndrome
Are you losing sleep because of debt stress or other financial worries? If so, know you're not alone. Financial anxiety prevents 48% of Canadians from sleeping well. The top three financial concerns keeping people up at night are debt (57%),…