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Applying for your first credit card? Here’s what you should know before getting one
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How to invest as a teenager in Canada
If a trust account is funded by a parent or grandparent, the income attribution rules may apply such that income is taxable to the parent or grandparent. To be clear, income in this context is considered interest and dividends. Capital…
Canada’s best student credit cards for 2023
Canada’s best student credit cards for 2023
By Lisa Hannam and Keph Senett on February 1, 2023Estimated Reading Time: 16 minutes
Researching credit cards between classes? While a grade on a paper maybe its only…
Not sure what to put in your RRSP and TFSA? Make contributions anyway
Whether you’re a saver or a stock picker, this simple strategy can help you max out your RRSP and TFSA contribution room every year—even if you haven’t decided how to invest the cash.
How to grow your savings faster
Money grows faster in…
What’s your money story? – MoneySense
Have you ever stopped to think about your personal money story?
Your relationship with money profoundly impacts your life—for better or worse. Yet, the often-complex and sometimes fraught relationship is something we may not take much…
How to manage money as a student in Canada
Do I really need to have this right now?
Do I own something similar?
Will I be using it immediately?
Based on your answers, you can determine whether to purchase it right away or wait until later. Now, if you have extra cash in your…
What do rising interest rates mean for retirement savings?
The downside to rising interest rates is how it can impact borrowers. Many Canadians are saddled with high debt with mortgages and lines of credit. Those with variable mortgage rates have already felt the sting of higher rates, while…
How can I cancel a gym membership?
Cancelling a gym membership is not easy. Gyms rely on many members taking out a gym membership and losing interest. If gyms made it easy to cancel a membership, they would lose too much money.
If you are on a rolling monthly…
How to use income ETFs for retirement income
Using income ETFs for a life income fund (LIF)
As you approach retirement, Garrett, it’s good to revisit your investment strategy. It may not necessarily need to change for a conservative investor, but aggressive investors should assess…
Video: 5 reasons to swap your debit card for a prepaid cash back card
Maybe your wallet is already stuffed with credit and bank cards. Here’s why it’s worth making room for a new contender: a prepaid cash back card. Good info here, especially if you’re a student or newcomer to Canada or are just trying to…