Blog

The Benefits of Multiple Income Streams

Any individual who wishes to achieve financial health must first obtain multiple streams of income. In business and in life, a singular source of revenue is simply not enough. Many people work as employees for various businesses or corporations. They are generally paid a salary which allows them to live (somewhat) comfortably. More often than not, so long as working people are able to pay the bills, they …

Continue reading...

Smart Ways to Live Like You're Rich

wp-content/uploads/2017/11/Living-rich-without-money.jpg We'd all like to learn brilliant ways to live rich and feel richer, right? It feels difficult, and there might be times where it truly is, but you can work through any financial struggle when you think smart. There are numerous ways to live like your rich even when you're not. Keeping up with the Jones's doesn't have to break the bank--there are smart ways to get ahead. …

Continue reading...

Saving Or Investing: What Is Right For Canadians?

wp-content/uploads/2016/06/save-invest-4836742.jpg You have to weigh what is going to give you the best return for your financial future. If you have a great job, good benefits, and an excess in funds, perhaps investing some of that excess is right for you. However, if you work a traditional job and have very little left over after bills and other necessities--saving that extra might be the smarter choice. 60% of Canadians …

Continue reading...

Avoiding Investment Scams

We have covered credit card fraud before on this blog, and in this article we return to a similar theme. According to the 2012 CSA Investor Index, 27% of Canadians believe that they have been targeted for investment fraud at some point during their lives. Worse still, 4.6% of Canadians believe that they have been the victim of investment fraud. Over half of those affected …

Continue reading...

The Stock Market

RRSPs and TFSAs are great places to put your savings, but they are not the only options. Making smart investments in the stock market is a great way to diversify your portfolio and make some money. This guide will not turn you into the Wolf of Wall Street, but it should show you that getting started in the stock market isn’t difficult. So, where should you start?

Continue reading...

How To Choose A Financial Advisor

It’s a sad fact that most Canadians are not very well educated in personal finance. Even if you know your ETFs from your TFSAs, though, it can sometimes be useful to have a second pair of eyes. This is where financial advisers come in. Whether you want to reduce your debt burden , invest your inheritance wisely , or get the best value for money in the property …

Continue reading...

How to Build a College Fund for Your Child

In 2013 and 2014, the average cost of one year’s tuition at a Canadian college was almost $6000. Students also face high and rising costs for textbooks, study materials, accommodation, and other living expenses. The cost of education is expected to rise every year for the foreseeable future, so it is more important than ever to make smart financial plans for your children’s post-secondary education. Luckily, there are …

Continue reading...