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New | Money: what young people really want to know View Now. ×

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How to choose the right Canadian credit card for your financial needs

In the News   |   October 10, 2024

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Getting a credit card may be easy, but picking the one that’s right for you is a lot more complicated. Maybe your bank teller sold you on one with a rewards program and you went... read more

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Grandparents sometimes help save for their grandkids’ education. Should they focus on a down payment instead?

In the News   |   October 7, 2024

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When clients come in for advice about saving for their grandkids, financial planner Jason Heath says it’s usually about setting aside money for college. But with the housing market increasingly out of reach for many... read more

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Young adults increasingly find their best financial move is to live with their parents – is that bad?

Articles of Interest   |   September 25, 2024

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The last time that a generation of young adults moving back home was a news story, much mockery ensued. Remember “failure to launch,” or “boomerang kids?” The cliché of millennials living slothfully in their parents’... read more

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A bold new tool is targeting money laundering. But it may be violating Canadians’ basic rights

In the News   |   September 18, 2024

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First, authorities moved to seize a house on British Columbia’s Salt Spring Island, bought for $1-million cash by the former spouse of a man accused of having ties to a global pump-and-dump stock scheme. Next,... read more

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Is there a right way to give your children allowances?

Articles of Interest   |   September 3, 2024

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When COVID-19 restrictions lifted and Denise Gray’s kids, aged 14 and 12, were back at school, they began asking for money to go out for lunch. Frequently. “I would give them $10 a time and... read more

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Tips for setting up your student’s first home without breaking the bank

Articles of Interest   |   August 26, 2024

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If you have a child who is heading off to school this fall and living off campus for the first time, they are going to need much more than just a rent cheque. While setting... read more

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How students can get the most out of their first credit card

Articles of Interest   |   August 26, 2024

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On the one hand, it’s a step forward in your financial life, a way to learn about responsibly using credit. On the other, it’s the quickest way to bury yourself in heavy debt if used... read more

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How to get the most out of your student summer earnings

Articles of Interest   |   July 11, 2024

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Summer is just starting for most kids, but for college and university students it’s already halfway over. If you have a child who is off school and working for the summer, now’s a good time... read more

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A guide to what lower rates will mean for mortgages, housing and returns on all those safe parking spots for cash

In the News   |   June 6, 2024

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The long-awaited interest rate U-turn is finally at hand. Rates began rising from pandemic lows in March, 2022, and have been flat since last summer. We are still far from unwinding those recent rate hikes,... read more

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Reverse-budgeting: The low-stress way to spend guilt-free and keep your finances healthy

In the News   |   May 23, 2024

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Many people find budgeting tedious and boring. That’s not to say it isn’t important. The worst thing you could do is stick your head in the sand when it comes to your spending habits and... read more

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Thinking of going back to school? Make a financial plan first, experts say

In the News   |   May 17, 2024

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Going back to school can be a great way to accelerate your career, whether it’s getting a master’s degree or taking a certificate program to add more skills to your repertoire. But it’s also a... read more

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Parents, what money messages are you sending your kids?

In the News   |   May 16, 2024

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As parents, we make daily decisions about spending, saving and debt. And whether we realize it or not, our kids notice. These decisions shape their future beliefs and foundational knowledge about money, and can have... read more

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How this advisor went from being a broke, single mom to a successful entrepreneur and financial planner

In the News   |   May 9, 2024

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Julia Chung, co-founder and chief executive officer of Vancouver-based Spring Planning Inc. and president of the Financial Planning Association of Canada, talks about growing up with hippie parents, surviving as a single teenage mom, and... read more

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An immigrant’s take on banking and home buying in Canada

Articles of Interest   |   May 1, 2024

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Almost 30 years ago, Maya Corbic and her family moved to Canada from war-torn Bosnia. Today, Ms. Corbic is a certified public accountant and author of a book called Piggy Banks to Stocks: The Ultimate Guide... read more

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‘It’s chaos:’ Cottage owners rush to sell ahead of capital gains tax changes, realtors say

In the News   |   April 25, 2024

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Cottage owners looking to sell are scrambling to close deals before proposed changes to the rules on capital gains take effect and potentially leave them on the hook for much higher tax bills, realtors say. The federal budget released... read more

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