Want to learn how to bank with social impact? Life is full of choices that can shape your everyday life. For many Canadians, one of the most important financial decisions you can make is where you choose to keep your money. Whether you are saving for a rainy day or looking to invest towards your …
As the cost-of-living continues to rise, many consumers are looking for alternative ways to take the pressure off of spending substantial amounts of money. One option growing in popularity are Buy Now, Pay Later (BNPL) programs. These financing programs allow consumers to purchase items they want immediately while also offering them extra time to pay …
Are you looking for a financial institution that offers award-winning customer service and personalized financial planning and advice? Time to switch to a credit union. Since the early 1900s, Canada’s credit unions have set themselves apart by championing a people-focused approach to everyday banking. This means, that when you bank with a credit union, you …
Empower Your Financial Future with a Credit Union Read More »
Having your own business can be rewarding – you get to call the shots and do work you are passionate about. However, while it can be an exciting time, starting a new business can also be daunting. Whether your idea for a business struck you in the middle of the night or you’ve been carefully …
There are many successful entrepreneurs who began by turning their hobby into a side hustle – extra paid work beyond your regular job and main source of income. The financial stability and flexibility this opportunity offers are among the top reasons why a side hustle is a viable option for many to pursue. Supplementing one’s …
Have you been renting your apartment for a while and are looking for a change? The next logical step would be to buy a home, right? Buying a home is perhaps the most significant financial purchase you will make in your lifetime. However, with housing prices at unprecedented levels, countless Canadians are becoming homeowners later …
After a long winter, summer weather is finally here! It’s time to bring on the warm temperatures, sandals, backyard barbecues with the family, and most importantly spontaneous summer vacations! From road trips to Canada’s wonderland to hopping on a plane to the U.S. or even a fun Euro-bound trip, it’s easy to get swept up …
Tips to Have Affordable Summer Fun on a Shoestring Budget in 2022 Read More »
If you pack your lunch for work every day, skip out on buying that pricey Starbucks latte, and pay for items with cash to avoid overspending, congratulations you’re a saver! However, the reality is saving alone isn’t enough to grow your wealth. It’s time to take the leap into investing. For those ready to enter …
Investing for Beginners: How to Kick-Start your Investing Journey Read More »
Buying your first home is an exciting chapter in the lives of many Canadians. The time where you say goodbye to landlords and living with roommates, and hello to a place you can truly call your own. However, as the global pandemic continues to evolve, young Canadians see their dreams of owning their first home …
5 Tips to Get You Closer to Your Home Ownership Dreams Read More »
From online shopping to reviewing your bank account using a mobile app, advancements in technology have made everyday activities more accessible for Canadians than ever before. However, while the internet can help you perform a variety of tasks with ease, the rise of the digital age has also put Canadians at greater risk of falling …
From the dot-com bubble burst to the 2008 economic downturn, Canadians have faced an array of economic calamities over the decades. In 2020, Canadians faced the perfect economic storm as the global pandemic halted goods and services production, generated an influx of economic relief, and increased consumer demand with limited supply, giving birth to the …
Inflation 101: How to Navigate the Inflation Wave Read More »
Whether you’re new to the savings game or a seasoned veteran, staying on top of your money is no small task. From saving for your first home to funding your retirement, a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) are the most common savings tools used by Canadians to save for their …
RRSP vs. TFSA: Which Savings Vehicle is Right for You? Read More »
With the holiday season behind us and the credit card bills rolling in, your wallet may be experiencing a bit of a financial pinch right now. Whether it was the purchase of expensive gifts, festive holiday sweaters, or hosting fancy family dinners, you likely went a little over budget during the holidays. Not to fear, …
How to Avoid The Post-Holiday Shopping Blues in 2022 Read More »
Holiday magic is in the air as Canadians look forward to winter activities, enjoying a break, and spending time with loved ones over the coming weeks. But during this busy season, it can be easy to overspend on the little things: nearly 40% of consumers in Canada reported spending more than they had originally intended …
7 tips for staying on top of your savings this season Read More »
Whether you’re starting your career, a family, or at the peak of your profession, it’s never too early to prepare for retirement. RRSPs are a great choice to help you start saving today so that you can retire comfortably later. What is an RRSP? A Registered Retirement Savings Plan (RRSP) is a savings plan designed …
For many of us, the start of a new year brings with it the longstanding tradition of setting personal and professional resolutions that we would like to achieve in the months ahead. In 2022, kick off the year by hitting the reset button and getting your finances in check. Whether you’re planning a vacation, purchasing …
The “most wonderful time of the year”, as the song goes, is just around the corner. The holiday season offers many of us the chance to spend quality time with our loved ones, enjoy home-cooked meals, and purchase gifts for those who matter to you most. However, without proper financial planning, the holidays can be …
Budgeting for the Holidays: 7 Tips to Avoid Breaking The Bank This Holiday Season Read More »
Purchasing a property can oftentimes be an intimidating and overwhelming process to navigate – especially if you’re a first-time homebuyer. With so many factors to consider, feeling comfortable when making this leap is no easy feat! The fact of the matter is, buying a home will be the biggest purchase of your life, in so …
If you’ve ever had a conversation with your friends and family about which bank they use, there’s a chance you haven’t heard the term “credit union.” Canadians have several financial institutions to choose from. For most people, where they bank is a decision that was made for them by their parents and continues out of …
How do credit unions work, anyway? Credit unions are like any other financial institution. They offer financial services online and in person. With a credit union membership, you can deposit money, borrow loans, and invest through both registered and non-registered programs. Profits generated are commonly reinvested back into the credit union and, as a result, …
