Canadian Personal Finance

You’re taking a trip to the U.S., but you’re not sure if you need extra car insurance coverage. U.S. laws are a bit different from Canadian laws. Fortunately, your insurer likely has you covered. While insurance laws do differ between Canada and the U.S., your contract likely contains provisions that allow you to travel over [...]

Whether you live alone or have a family, high energy costs can have a major impact on your personal finances. The average household spends a minimum of $1,600 a year on utility bills, according to the Department of Energy. Photo Credit: Book’em But unknown to many, there are simple and practical ways to reduce utility [...]

Do you currently own a condo? Insuring your condo can be quite confusing at times. We all know that house insurance is made to cover the entire property, and if you rent, renters insurance covers various things within your unit like furniture, jewelry, and other valuables. But with a condo, what do you really need [...]

Who doesn’t love a good deal? Like most of us, you probably enjoy that overwhelming excitement you get when you come home from the mall feeling like a million bucks, even though you spent nowhere near that amount of money. However, you can only keep up this luck if you know exactly where and how [...]

Dental care is very expensive, especially without any sort of dental insurance. Even with dental insurance, the costs are still high for the average American. In fact, a lot of companies don’t provide dental insurance to their employees so they can save money. This leads many to skip going to the dentist all together, which can make problems worse in the long run. Others go [...]

Forking out for gym membership doesn’t necessarily mean you’re going to stick to regular and rewarding fitness regime. Not only this, but it’s really easy to forego the gym if you’re not feeling up to getting out to the gym after a long day at work. Perhaps a more rewarding and convenient way of getting [...]

Loans can be a complex financial mine field to navigate. With such a variety of credit now available it can be difficult to see which option would be best for you. At some point in life, we may all need a loan, whether to help us get a new home or to consolidate our debts, [...]

As young professionals enter the workforce, many might be financially clueless when it comes to saving money and preparing for the future.  A new job offers endless opportunities from selecting RRSP options to tax withholding. To help young professionals get started, here are a few tips to help begin the savings process. Savings Account While [...]

I hate fees and tickets and fines (especially since I did not earn them). If I did a crime I should do the time or pay the fine (no more rhyming I swear)! Here is what happened.  I live in downtown Victoria, BC and my wife and I were going to a parenting class (prior [...]

Are you still paying monthly service fees to your bank? On the latest CBC Marketplace the episode showed that over 2/3 of Canadians still pay for bank fees to have a chequing account.   There is absolutely no reason for you to continue paying those hated bank fees. Here are three banks and/or credit unions [...]