We’ve put together a helpful library of resources to help Canadian individuals and businesses through COVID-19. This post includes information about government updates, grants available and communicates numerous programs and tips to help you find the right relief package and receive benefits during this time.
Having a baby can change your world, literally! It’s not just about welcoming a newborn to your family, but a baby comes with both financial and time-bound commitments. A lot of couples feel the financial stress of becoming new parents. Here is a list of some of the most useful financial tips for new parents. Let’s get started!
Sacrifice and discipline are the main elements needed to break any nasty habit. When it comes to finances, it is also helpful to focus on the future consequences while working on developing healthy habits. Creating and setting good practices in place of the bad ones can be a challenging but proactive way to turn things around.
Unexpected emergencies happen every minute of the day. Among the forms they take include accidents, illness, natural disasters, and financial crisis such as job loss. Getting ready for the unforeseen takes careful advance planning and awareness. Here are some ways you can prepare for a financial emergency!
If you’re just starting with your investments, Wealthsimple guides you through the entire process. Similarly, if you are an experienced investor, Wealthsimple gives you multiple diversification options, along with the ability to set custom portfolios. If you need to contact support or require specific services, just reach out to their financial planners at the tap of a button.
Technology-driven asset management companies are redefining the wealth management industry. The term “robo-advisors” is no longer an alien term, with more and more people joining the automated-investing bandwagon. Since their inception in 2008, robo advisors have come a long way from being a financial advisor’s tool to the preferred method of investing among regular investors.
It isn’t always easy to spot misinformation because of the volume of money myths going around. Therefore, there’s no greater time than the present to debunk myths that have impacted how people use credit, save money, and make investments. In no particular order, here are ten of the most popular money myths!
For a large of number of Canadian homeowners, a portion of their monthly mortgage payment goes toward a mandatory CMHC (Canada Mortgage and Housing Corporation) fee. It is automatically added to the payment to cover mortgage default insurance. The result is an increase in the amount due every month. But there are creative ways to lower or avoid CMHC insurance for those who are required to have it in place.
Entrepreneurs always have their plates full; let it be the sales, accounting, marketing of their business, or personal life. Since everyone has a limited number of hours in any given day, it is critical to use your time strategically. Smart money always suggests using tools for day-to-day business operations. Our team decided to list business tools that can make an entrepreneur’s life a little more easy.
College is a confusing period of life, and it is quite easy to get carried away. While we do not suggest having fun, practicing a little financial restraint could go a long way in your financial success as adults. Here are some simple financial tips that will keep you ahead financially.