Tag: financial planning
Refinance and Consolidate Your Mortgage
By: The Super BrokerDebt consolidation or a Mortgage Refinance can cost effectively remove debt, and can make the financing of your future projects that much easier.
Investing for Young People Part 3: Differentiating Mutual Funds
By: Elias KellendonkPerhaps jumping into the stock market has turned out to be more of a chore than you and your child anticipated. If savings bonds and GICs are not offering the rates of return you and your child would like to see their savings yielding, mutual funds are a promising alternative. At current Canadians have well …
Investing for Young People Part 2: The Difference Between Stocks, Bonds and Mutual Funds
By: Elias KellendonkHow to Pick your Stocks Now that your child is proficiently handling their chequing account, making debits and deposits responsibly, and has assessed their risk tolerance, it is time to locate an investment vehicle that will see their savings dollars grow. While an allowance and monetary birthday/holiday gifts might line the accounts, authoress Katherine R. …
Investment Strategies for Young People
By: Elias KellendonkHelping Your Kids Get into Investing Early In this Internet-dominated, economy-fearing age it may be possible that your kids will out-know you in terms of stocks and trading before they finish grade school. American author Katherine R. Bateman suggests in her book, The Young Investor: Projects and Activities for Making Your Money Grow that no …
What is TFSA: Why Canadians should be Investing Tax-Free
By: Elias KellendonkHow will the Canada Tax Free Savings Account Guard your Retirement Funds? Registered or unregistered – that seems to be the question as Canadians plan and gear their savings and investment accounts toward retirement. Most experts advise that your investments gain a return in excess of two per cent in order to beat annual inflation. …
Budgeting for your Wedding
By: Bobbi TaylorClever Methods of Curbing Costs on the “Big Day” While your wedding should certainly be a day to remember, it best be for the good memories; not the hole it left in your wallet. More and more Canadians are steering away from the grand ceremonies, the extended family invites to people met only a handful …
The Benefits of Early Mortgage Renewal
By: Elias KellendonkToo often is the case that Canadians fail to review the terms of their mortgage contract, and contrast them with what is currently available on the market. Early renewal, and renewal in general, give you, the homeowner, an excellent opportunity to negotiate a lower rate for your next term. It also allows you to capitalize …
Financial Dos and Don'ts for Couples
By: Elias KellendonkCommon Mistakes Couples Make when Dealing with Money “I work all night, I work all day, to pay the bills I have to pay,” sings Abba in their famed hit Money, Money, Money – it’s a rich man’s world. For the majority of couples who didn’t find their “wealthy man”, money is a weighty issue, …
Survey: Women control household finances
By: The Super BrokerA new survey finds that the vast majority of women say that in the end, they have control of family finances instead of men.
The RESP Savings Calculator
By: Elias KellendonkA RESP is a prime method for Canadian parents or guardians to put away education savings dollars for their children or beneficiaries and watch them grow tax-free.
