Is an RRSP Loan Worth it?

Should you get an RRSP loan? That’s a question that I’ve been getting a lot as of late. At first, I was like this is a very specific question for new investors to be asking, then I realized that banks advertise RRSP loans all over the place. They make it sound like it’s an excellent…

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The Easiest Way to Start an RRSP

Your podcast feed and Youtube stream are often interrupted by promises of dreamy retirements and passive-aggressive shaming about how you really need to get started saving. Yup – it must be “RRSP season” again. I have never liked RRSP season.   There is no logical reason why the date for which you can “count back” RRSP…

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RRSP Mistakes to Avoid

Although registered retirement savings plans (RRSP) have been around for more than 50 years, many people are still confused about them. Understanding the basics is one thing, but people often struggle when deciding between using their RRSP vs. TFSA. To complicate things, there are many RRSP mistakes that you can make. That can be something…

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The Best Credit Cards With Mobile Device Insurance

Credit cards with mobile device insurance (sometimes known as credit cards with cell phone insurance) is a relatively new trend that’s come to Canada over the last few years. There used to be only two credit cards that offered it but a few cards have added the insurance to their benefits while a few new…

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RRSP vs TFSA: Which one to choose?

**This is a sponsored post written by me on behalf of Sun Life. All opinions are my own. Without a doubt, the #1 question I get asked about personal finance is Tax-Free Savings Account (TFSA) vs Registered Retirement Savings Plan (RRSP). Which one should I choose? There’s no simple answer since both have their benefits.…

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How Having a Budget Allows us to Travel Anywhere

When I had a full-time job, I often talked about my travel plans with co-workers who also loved to travel. I had a reputation for travelling to more exotic places such as Egypt, Japan, Brazil, and Instanbul. I wouldn’t go as far as calling these destinations exotic, my wife and I just weren’t interested in…

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11 Ways to Save on Your Home and Car Insurance

Price is often top of mind when buying insurance since it can be a huge expense for many people. However, many people hate paying for something they’ll hopefully never have to use. Plus, in certain cases (like car insurance), you’re legally required to have it. So, how can you get the coverage you need at…

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Get Over Your Fear of Spending!

Ever since I’ve started this blog, I’ve focused on saving money, paying off debt, loyalty points, and travel. What’s interesting is that as I’ve become more comfortable with my money, I find that I spend more now. Part of that is because I now own a home and have a daughter, but I also believe…

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