November is Financial Literacy Month in Canada. But we cannot just depend on one month a year to become financially literate. So the school teacher in me has compiled this A to Z guide of all things Canadian personal finance. Use it to clarify things and increase your financial literacy year-round. A – Assets Under …
When it comes to money a common question that often comes up is should I invest money in the market or pay my mortgage off? When we bought our first home it was a no-brainer decision for us. We wanted to be mortgage-free. But we never anticipated how this one decision would change the trajectory …
Deciding to take control of your money and learn more about your personal finances is a great step. But it can feel intimidating if you are not sure where to start or what to do. Don’t get overwhelmed in trying to learn how to do everything immediately. Here are 5 easy steps you can start …
How to Feel in Control of Your Money – 5 Easy Steps Read More »
What? You’ve never heard of the Canadian Financial Summit? Momma, you are missing out on some great free content. Whether you are just getting started, wanting to retire early, or want to learn more about passive or DIY investing, the Canadian Financial Summit has something for you. Here is everything you need to know to …
As a mom, it can be hard to find the time or mental energy to care about your money. There always seems to be so many other demands on us that our finances often take a back seat. But I’m going to share with you five reasons why moms need to care about money. And …
Canada’s Registered Education Savings Plan can be a great tool to help save and pay for post-secondary education. But in order to get the most out of the plan, you need to first understand how an RESP works in Canada. Here are some common RESP questions and answers to help clarify how to maximize your RESP. …
It’s happened to all of us at one point or another, getting too busy with “life” and neglecting our finances. Or maybe we intentionally have our head in the sand because ignoring managing our money seems easier than dealing with it. But sometimes this financial inertia can be a good thing, a friend of sorts. And …
Comparing your personal saving rate to someone else’s may leave you feeling happy or depressed. But saving rate is a number and there are so many ways of calculating it that comparing it to someone else is like comparing apples to oranges. I will show you how using different calculations can drastically change the final …
Personal Saving Rate – Why it’s Pointless to Compare Read More »
Confession time – from time to time I buy lottery tickets. And I know it’s a gamble and some think that it’s a waste of money. But there are benefits to playing the lottery, even if you don’t win. When I say lottery tickets I include lottery, 50/50 and raffle tickets. This is not a …
When it comes to money, there can be a lot of emotions attached. Often we ignore our finances and credit history out of fear, shame, or embarrassment. But reviewing your free credit report can be empowering. A friend of mine recently went through a divorce and one of the first things I suggested she do …