All Canadian, All Personal Finance
In spite of the fact that debt is problem for a lot of people in Canada today, getting out of debt is a relatively simple process. Simple does not always mean easy, but if you are willing to be responsible and focused it is possible to completely …
Financial literacy is the ability to understand finance. Understanding finance refers to the skills and knowledge that allow you to make informed decisions on real estate, insurance, savings and taxes among many other financial subjects. The problem According to the Organisation for Economic Co-operation and …
Entitlements such as retirement are always a hot-button issue. Now, more so than ever, younger generations are becoming aware of the benefits of saving for the future. As the cost of living rises, smart financial decisions early on can be the key to a happy and secure …
Whether you require to send money abroad to a relative in Australia, pay for a house purchase in the U.S, or remit salary to your overseas employee in India, there’s a cheaper way to handle this than wiring the funds through your bank. Most Canadians …
Owning a car can be an expense pursuit. There are many costs involved aside from the initial outlay of the car itself. To be legally allowed on the road, tax has to be paid either annually or bi-annually, you must have valid insurance and you …
For us points junkies that love using credit cards we hate to hear, “I don’t take credit cards.” This is extremely annoying when you go to pay for something with your favourite points card only to be told, “sorry we don’t take that card.” If …
Do you remember a time when you needed to go to the bank just about every week to cash your paycheck and to withdraw money? With the advent of digital banking, the world has changed, and for all of us, it has gotten so much …
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 …
The 30 year amortization is going to end in Canada as of July 9, 2012. This means: Other important facts from this announcement include: – Property appraisals are conducted by bank on-site inspection, property appraisers or automated computer analysis. Banks are required to use more than …
With the start of the global recession at the end of 2008 as the world markets collapsed, millions of Canadian families came face-to-face with severe financial distress. Most of this distress was caused by debt and in particular, too much unsecured debt from overspending on …