Canadian Personal Finance

In the face of declining or slowing population growth, some cities have decided to get aggressive about their survival for new tax revenue. Some cities are giving away free land, while other states and cities are literally handing out stacks of cash to folks who agree to move. Here are the 6 cities that really, really [...]

The Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance full-time training or education for you or your spouse or common-law partner. You cannot participate in the LLP to finance your children’s training or education, or the training or education of your spouse’s or common-law partner’s children. To participate in [...]

Welcome to the Totally Money Blog Carnival. This is the 52nd edition. This was my first ever crack at running a personal finance blog carnival and I have a greater appreciation for the job of an editor now! It was a lot of work and really interesting reading about new personal finance concepts and new articles. [...]

According to the BMO Financial group, This sounds like a high figure but in speaking to some of my peers, personal finance is not a topic most people enjoy to talk about. The sample size was 1500 Canadians so it was not a large sample size based on the population. I wanted to create a [...]

One of the main reasons why I think people should put their emergency fund in a TFSA is that they are getting a decent return that keeps up with inflation. I have nothing but good words to say about ING Direct and came up with 4 reasons to use them. Reason #1:No fees, no service [...]

I first heard about Andrew Hallom from The Wealthy Canadian (awesome Canadian PF blog). He is set to publish a new personal finance book, called Millionaire Teacher in September 21, 2011. At the moment he is teaching high school English at Singapore American School. He will be taking the next school year off to promote his book and [...]

Exchange-traded funds (ETFs) are among the fastest growing investment products in today’s global marketplace. Built like mutual funds, ETFs consist of a portfolio of investment products, but they trade like individual stocks on major stock exchanges and can be bought or sold at any time in any amount throughout the trading day. What does this [...]

Most families would love extra money in their pocket. Here is a business anyone can start that with very little money up-front. With a bucket of cleaning supplies and some rags you have an instant business. You do not need much more than a vacuum, dust pan and broom. You can even rent equipment like a carpet [...]

Budgeting with your spouse can be stressful. It is a challenge to balancing the needs of your spouse with your own. Several reasons why you should do this: 1. You figure out what is important to the other person. If one of you wants to save for a house and the other is saving for [...]

One of the main reasons I don’t like to invest in technology companies or technology services anymore is that the next ‘big thing’ can come along and convince the consumer to switch brands. An example is Netflix (NFLX). Their Unique Selling Proposition is that they are an easy way to view a huge library of [...]