Reading Time: 4 minutes Whether tough times force your hand or you just want to start January without a credit card bill, you can still enjoy a glittering, happy holiday season
Tag: Personal Finance
Canadian household net worth, debt on the rise, StatsCan says
Reading Time: 2 minutes Household debt service ratio rose from 14.82 per cent to 14.9 per cent – an all-time high, statistics from the federal agency indicate
Canadian economy will stall in 2020
Reading Time: 3 minutes The next two years will probably bring feeble increases in GDP, in line with 2019’s uninspiring performance. Job creation is likely to decelerate
Understanding and comparing investment returns
Reading Time: 3 minutes Keep in mind that, despite new disclosure rules to increase transparency, the fee shown on your investment report may not be the total fee you paid your adviser
Do you need mortgage insurance?
Reading Time: 3 minutes It depends. As with all financial planning questions, no one answer fits every situation
Two in five Canadians expect lifelong debt
Reading Time: 2 minutes ‘There is a financial wellness crisis, and it’s affecting Canadians of all demographics’ — Manulife executive
How to be an adult, one sound financial decision at a time
Reading Time: 3 minutes Many people take a long time to launch on adult life because they’ve never been taught to spend less than they make
Should you defer collecting CPP and OAS?
Reading Time: 3 minutes Can you afford to hold off and increase your payments later? Will you need more CPP and OAS later in life? And how long do you expect to live?
Protect your business from the unexpected realities of life
Reading Time: 3 minutes Seek professional help if your financial plan doesn’t protect you from the four Ds: death, divorce, disability and disaster
Moral investment constraints too onerous for pension funds
Reading Time: 3 minutes Never mind that reducing the choices available to a fund manager can result in negative consequences for pensioners