All Canadian, All Personal Finance
Personal finance is the art and science of handling money and it relates to all the decisions that an individual or family make in relation to their finances. International money transfers are a niche, often overlooked; yet, important part of personal finances. Canadians generally have …
It is easy to go through your early adult years without concern for retirement. During those years, you are young and carefree, and you think you have plenty of time to plan for retirement later. Also, while trying to get yourself established, some feel there …
Dividends are returns you get on stock purchased of a company. When a person buys stocks, he basically becomes a partial owner of the company. Thus, when the company earns profits, the partial owner gets paid part of those profits. The way stock-holding companies work …
Canadian debt loads grew at their fastest pace in two years during the summer, according to a report released Wednesday — an alarming rate given that officials continue to warn consumers that household spending is out of control. Credit reporting agency TransUnion’s latest quarterly analysis …
The decision to purchase a home, any home, is a big one. It means more responsibility, less flexibility when it comes time to move, and a mortgage. However, financially speaking, purchasing is a better investment more times than not. When you lease your home, the money you …
When it is time for you to buy insurance coverage, you might find out that bundling your insurance coverage can help you out more. Bundling your insurance policies involves dropping other types of insurance companies for a company that offers insurance bundling packages. Insurance companies …
Investments once planned thoughtfully turn into debt. This is a strange cycle of life, but this happens. When your earnings drop you become a victim of certain situations which inhibits you to pay your dues which were otherwise the building blocks of your assets. Understanding …
Planning for retirement has never been more important. However, how should you make sure that when you retire you have enough money to continue to enjoy your current standard of living? There are many things that you can do to ensure that you are dealing …
Today is Valentine’s Day and I could not think of a more appropriete day to discuss Spousal RRSPs. Spousal RRSPs are one way to income split for couples in Canada. The benefits are to defer taxes right away, and reduce taxes in retirement. This is something we are doing …
Technology has made our lives a lot easier these days. Apart from our daily chores we can even manage our daily finance using technology. A number of technologies and applications have been invented lately which can guide you through the entire process of managing finance …