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The steadily rising cost of higher education means that many young people graduate with a large amount of student debt. It’s important to make the most of every dollar saved if you are working to ease the burden by covering some or all of a child’s post-secondary education. Though all saving strategies can help, there…

No financial plan is complete without an estate plan. Estate planning covers all aspects of your life, from creating your will to planning medical decisions. Due to the complex and emotional nature of estate planning, many people avoid creating or updating their estate plan. Though this is understandable, estate planning is an important part of…

Are you in the ‘Sandwich Generation’? If you have the responsibility of simultaneously raising kids and looking after your aging parents, then this article is for you. We know you have an extremely challenging lifestyle that requires a lot of resilience and patience, so this article will provide tips on how to better manage your…

People who succeed financially can stay organized and follow a pattern of established guidelines for managing their money throughout the year. Incorporate these 8 tips into your daily financial habits so that managing your financial life will become easier. 1. Trim Expenses  Many people have expenses for services they rarely use. Look at every withdrawal…

If you’re saving for retirement, there are several accounts you can choose from. However, many Canadians have misconceptions about the various options that are available. In particular, there are many misconceptions about the Registered Retirement Savings Plan (RRSP). Read below for a breakdown of the top 8 myths surrounding RRSPs. Myth #1: If I Have…

Are you hesitant to speak with your children about financial matters because of how you’ve handled past situations? Well, you aren’t alone. Many parents are reluctant to speak with their kids about finance but haven’t considered using their personal experiences as a lesson to teach their kids about financial consequences. Although some children in Ontario…

Retirement is one of the most important life events you will experience, and getting it right takes wise planning. With a sound intellectual framework, and some assistance from a qualified professional, you can ensure that you are ready to retire when the day comes. Retirement preparation can be broken down into five phases, with each…

Did you achieve your financial goals in 2018? If not, keep reading. To achieve financial fitness this year, set strong financial resolutions that will help you get your money situation on track. While making your list of resolutions is pretty simple, sticking to your plan and achieving your goals is easier said than done.  Whether…

The end of the year is quickly closing in, and there is no better time than now to take inventory of your financial situation. Evaluating, budgeting, and planning your finances is not a static activity, but rather endeavors that need attention on a regular basis in order to be successful.  With a new year about…

The smartphone has become the one-stop-shop when it comes to consumer demands. It feels like there is an app for almost everything. With the influx of unique and intuitive apps, there is no better time in history to take advantage of finance-related technology.  We’ve rounded up our favorite apps to help calculate budgets, curb overspending…