Please Consider Registration and here's Why...

Learn More Continue as Guest Don't show this again
Success! Post added to bookmarks. View Bookmarks. ×
Error! You have already bookmarked this post. ×
New | Money: what young people really want to know View Now. ×

Developed by the Canadian Foundation for Economic Education

-
Menu
bookmark

6

Mo

New car 101: Expert tips and advice for buying a new vehicle in Canada

In the News   |   January 27, 2023

- -

There’s no easy way to buy a new car. They’re expensive, and the process is stressful and time-consuming. The good news is there have never been more resources available to help buyers make informed decisions. A... read more

bookmark
Should you pay off your student loan as quickly as possible? Depends how much of it is interest-free

Articles of Interest   |   January 27, 2023

- -

Paying your student loan is no fun. Every month, money that could’ve been used towards regular expenses, investments or feel-good purchases is pulled away from your account. But is there a right amount of money... read more

more from Money

6

Mo

bookmark
Financial decisions that cause the most regret

Articles of Interest   |   January 11, 2023

- -

We on the Globe and Mail personal finance team have our favourite contacts – the people we like to talk to the most because they offer value for our readers in clarity, insight and integrity.... read more

more from Money

6

Mo

bookmark
A playlist of 2022 personal finance hits that will be heard again this year, unfortunately

In the News   |   December 21, 2022

- -

The greatest hits in personal finance – or rather, to personal finance – this year were like punches to the face. Why linger over a year of blows? The reason is that we’re heading into... read more

more from Money

6

Mo

bookmark
This is the age when young people should get a first credit card

In the News   |   December 16, 2022

- -

Do personal finance writers ever change their minds about the right things to do? For sure. Several years back, I reversed course on young adults having credit cards before they started working. I now think... read more

more from Money

6

Mo

bookmark
Renting is a personal finance dumpster fire, yet it’s also the hottest trend in housing

In the News   |   December 15, 2022

- -

For a country that worships home ownership, we have a surprisingly diverse and fast-growing population of renters. The percentage of people renting increased in every age group over the past decade, an RBC Economics report says. While young... read more

more from Money

6

Mo

3

So

bookmark
As a tough year closes, a 10-pack of ideas for spending without regrets on the holidays

In the News   |   December 12, 2022

- -

As disturbing as the past year has been in personal finance, 2023 threatens to be worse. A huge wave of interest rate increases hit this year. Next year, they really sink in. The cumulative impact... read more

more from Money

6

Mo

bookmark
Five ways to check your credit score for free

In the News   |   November 28, 2022

- -

At least two of the banks I deal with offer a no-cost way to check my credit score online. I say at least because I have accounts at many banks and haven’t visited them all lately. But... read more

more from Money

6

Mo

bookmark
High interest rates are an assault on young Canadians

In the News   |   November 15, 2022

- -

There is no way that interest rates can rise sharply without a high degree of unfairness in how people are affected. Take borrowers and savers, for example. If you owe a lot on a mortgage, rising rates can increase... read more

more from Money

6

Mo

3

So

bookmark
From groceries to auto loans, here’s how much more it costs to live right now

Articles of Interest   |   November 10, 2022

- -

Canadians’ wallets are feeling the bite on two sides: soaring prices and rising borrowing costs. We crunched the numbers to show how much more they’re paying. The financial double bite is everywhere. A stick of... read more

more from Money

6

Mo

3

So

bookmark
Federal student loans to become interest free, Freeland says in fiscal update

In the News   |   November 4, 2022

- -

Finance Minister Chrystia Freeland has announced plans to erase the interest on federal student and apprentice loans as part of the government’s fall fiscal update. The move, made amid soaring living costs and the threat of... read more

more from Education

2

Ed

6

Mo

bookmark
For the sake of their financial future, young people should leave Toronto and Vancouver

In the News   |   November 3, 2022

- -

Two of our biggest cities are an affordability trap for young adults. Without six-figure incomes or well-off parents, anyone in their 20s and 30s has to question whether they have a future in Vancouver and... read more

more from Money

6

Mo

3

So

bookmark
The big question today in real estate is whether renting or owning is worse for your finances

Articles of Interest   |   October 20, 2022

- -

While Canadians vastly prefer to own their homes, there were always some strong points in favour of renting. Just try and make a case for renting today. The brutal dynamics of today’s housing market have... read more

more from Money

6

Mo

bookmark
Do you have a safety net? The coming recession could be the most unfair ever

In the News   |   October 19, 2022

- -

The next chapter in financial inequality will be the divide between those who can afford to prepare their household finances for the coming recession and those who cannot. Keeping a stockpile of cash protects you against the... read more

more from Money

6

Mo

bookmark
How Canada’s new credit card transaction fees will affect how you pay

Articles of Interest   |   October 12, 2022

- -

Businesses in Canada can now add surcharges to bills when customers use a credit card to pay. The new rules are the result of a settlement in a long-running class-action legal battle launched by merchants against Visa and MasterCard and... read more

more from Money

6

Mo