Financial News (Page 6)
What Is Negative Equity?
Equity is the ownership of assets that may have debts or other liabilities attached to them. It can be positive…
Tax Credit Vs Tax Deduction: What’s The Difference?
Guess what? It’s almost time to file your tax return. Both tax credits and tax deductions can save you money…
Spending Styles: How To Identify And Make The Most Of Them
When it comes to spending money, it is important to understand how your brain works – and the brain of…
Emergency Personal Financial Information Kit
An emergency can turn life upside down. Not everyone plans for a fire, a natural disaster, or their own death.…
Hard Vs Soft Credit Check
Interested in checking your credit reports? Applying for new credit or a loan? While both involve checking your credit rating…
2022 Second-Half Scholarship Winner
The winner Congratulations to our 2022 Second-Half Scholarship Winner, Yuki Tam from Toronto! Check out her winning response below. Big…
Get A Bigger Income Tax Refund By Making Simple Salary Deduction Changes
Most people look forward to the tax season for income tax refunds, while others dread the taxes they have to…
What To Know About Using Payment Apps
Canadians are turning to digital payment methods to meet their needs when it comes to making payments. Payment apps let…
Cooling Down Heating Costs
Canadian households are struggling to make ends meet. High inflation has driven prices up across the board, including, one of…
Refresh personal finances for the New Year
Another year has come to a close, and many are eagerly anticipating what the new year will bring. One particular…
Equifax Survey Reveals Historically High Consumer Debt
Canadians are struggling more than ever to keep up with the cost of living. With rising interest rates, the cost…
Pre-approved Credit Card Increase: What’s best, accept or decline?
If you own a credit card, at some point you might receive a letter in the mail that reads something…
The List of Credit Card Fees is Growing
With the recent news about inflation and interest rate hikes, there are lots of things stretching budgets. Turns out it…
Canadian Government Updates Student Loan Repayment Terms
The cost of living continues to rise for the average Canadian. Inflation has sent many prices of goods and services…
Financial Knowledge and Help – The Best New Tool for Employee Retention
Whether we like to admit it or not, work is a big part of life. The average person is predicted…
Bad Debt vs Good: What’s the Difference?
Debt can be helpful, but it’s important to know the difference between good and bad debt. Good debt is manageable.…
How to Gauge Your Level of Financial Stability
Financially stability, what does that mean exactly? If you’re thinking “this is a topic for rich people” think again. Being…
Save Money on Christmas Shopping and Holiday Expenses
This Christmas shopping season, a survey conducted by Deloitte Canada reported that each Canadian household plans to spend $1520 each…
Financial Literacy: The Importance of Talking to Kids About Money
As a child, I was fascinated by money. At eight years old, I would take the out-of-circulation bills my father…
Emergency Funds or Debt – Where to Put Money First?
As you stare at your account balances, you wonder what to do. Should you put that bonus you just got…
Remission Review: Money Back in Your Pocket
Occasionally, taxpayers encounter incorrect tax assessments. Leading to them owing a large amount of money made up of mostly penalties…
Best Time to Take OAS and CPP Payments
Thinking about retirement can be overwhelming even for the most financially savvy among us. It’s easy to avoid conversations about…
The Labour Market is Changing Why, How, and What Does it Mean For You?
Currently, the Canadian labour market is living through unprecedented times. The job market is the tightest its ever been due…
Revolving Credit vs Installment Credit
As many of us know, one of the only ways to start making large purchases is to build a solid…
Mortgage Breaking Penalty – What is it and when it’s worth it.
Though mortgages are an excellent solution for those looking to own a home, they haven’t been spared from the current…
Protect Your Finances During a Recession
Over the last couple of years, we’ve been dealing with a lot of turmoil around the world. Many of us…
What is an Overdraft?
Overdrafts occur when an account has insufficient funds to cover a transaction, but the bank allows it to go through…
What to do if you’re facing wage garnishment
Many are struggling with high inflation and high housing costs. Some are struggling so much they’re facing wage garnishment. These…
High-Interest Loans – How to Avoid Predatory Lending
Inflation has risen again, hitting a new 39-year high of 8.1%. The Bank of Canada has also increased policy interest…
2022 First-Half Scholarship Winner
Our Scholarship Essay Writing Prompt: Have you altered your expectations regarding finding a job, where you will work, and the…
