What is General Liability Insurance?
If you’re a small business owner, freelancer, or self-employed individual, there may be a time when you ask what is general liability insurance. That’s because having the right business insurance is essential for anyone that runs a business. Here’s how general liability insurance works in Canada. What is general liability insurance? General liability insurance is…
Read MoreHow to Read a Credit Card Statement
Knowing how to read a credit card statement is basic financial literacy, but it can be confusing if you’re getting a credit card for the first time or you’ve recently switched banks. To further complicate things, if you have a points or cash back credit card, every financial institution uses a different way to show…
Read MoreAir Canada and Emirates Partnership now Live
Back in July, Emirates and Air Canada announced a new partnership. At the time, it didn’t seem like big news, but now that all of the details have finally been released (and are now live), the news is fantastic. Simply put, I never thought I’d see a partnership between Air Canada and Emirates. Emirates is…
Read MoreBank Fees and Charges in Canada | How to avoid them
Let’s be real, bank fees and charges in Canada are brutal. Not only do you need to pay financial institutions to hold your money, but they’ll charge you for any additional service you need. It’s a bit ridiculous, so it’s no surprise why many people have switched to a high interest savings account with an…
Read MoreWhat is travel insurance? A detailed guide
Have you ever wondered what is travel insurance and how does it work? Ever since the outbreak of the COVID-19 pandemic, travel insurance has been getting a lot of attention. In the past, many people would travel without travel insurance (or didn’t know about it), but these days, it’s highly unlikely anyone would consider flying without the…
Read MoreEQ Bank Tax Free Savings Account Review
EQ Bank has been around for quite a few years now, and clients love how they’ve simplified banking. You get a high interest rate with no everyday banking fees. What’s not to like right? Well, there was one complaint. EQ Bank didn’t offer a Tax Free Savings Account. Saving is great, but it would be…
Read MoreEQ Bank Retirement Savings Plan Review
I’ve been a massive fan of EQ Bank ever since they came to the market with great interest rates, but admittedly, it was a bit disappointing that they didn’t have a Retirement Savings Plan (RSP) available. Well, that’s no longer an issue, as the EQ Bank Retirement Savings Plan has just been introduced. As you…
Read MoreWhat is a Home Equity Line of Credit?
Anyone who owns a home might want to know what is a home equity line of credit (HELOC). If you are looking to borrow some money for home improvement projects, large purchases, or another expense, then look to your own home. One of the biggest perks of being a homeowner and building equity is that…
Read MoreTerm Vs. Whole Life Insurance: Pros and cons
Anyone looking to purchase a life insurance policy will likely consider term vs. whole life insurance. Regardless of which one you choose, there will be a death benefit payout if you were to suddenly pass away. This is essential if you have dependents, as your beneficiaries will be left with some cash for their financial…
Read MoreNorbert’s Gambit: A detailed step-by-step guide
Have you ever heard of Norbert’s Gambit? This trick was first made popular by Norbert Schlenker as a way to convert CAD to USD and vice versa while minimizing currency exchange fees. The trick is incredibly handy for people who need to exchange huge amounts of US dollars. For example, you might want to start investing…
Read More