Tips and ideas to boost your financial IQ

Tips and ideas to boost your financial IQ

Have you ever taken a test to evaluate your financial IQ? In the good old days, we used to have home economics classes in high school. Also called family and consumer sciences (often shortened to FCS), this is a subject concerning human development, consumer issues,...
Want to retire at 50? 6 points to consider

Want to retire at 50? 6 points to consider

Today, most people retire at 65 or sometimes more. But what if you want to retire at 50 instead? Not all of us have a government job with a pension plan! Some people make it their top financial objective to retire early. It’s their dream and they are willing to work...
Tax Return

Tax Return

Have most of you already received your tax return? What were you planning to do with it? Put it into your TFSA, on your mortgage or take that trip you’ve been dreaming of? How about NOT getting a tax return and get that money in your pocket each payday? This may not...
Collateral Mortgage

Collateral Mortgage

Everyone knows what a mortgage is. And most people know the difference between a variable rate and a fixed rate. In recent years, a new financial product has been created: the collateral mortgage. It is therefore important to know what it is and to be well informed...
Why is loan insurance so important?

Why is loan insurance so important?

Although it’s not good news, have you ever thought about what would happen if you suddenly passed away? Do your family members have the financial capacity to cover your loan payments in addition to current expenses? To avoid leaving your debts to your heirs, you...
False “truths” about your retirement plan

False “truths” about your retirement plan

Looking forward to retiring? Here are 5 things most people think are true, that aren’t! It is crucial to have a good retirement plan and you must undo these false beliefs. We all need to have peace of mind and trust that our money will last throughout our retired...