DIY investing

What Happens to My Pension if I Quit My Job Canada

What Happens to My Pension if I Quit My Job?

When I had a corporate job, my employer had a defined benefit (DB) pension plan. While these golden handcuffs were undoubtedly great, I did wonder what happens to my pension if I quit my job? I knew there would be a few different options. However, I never thought much about it because I assumed I…

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Switching to Questrade

Switching to Questrade, is it worth it?

Every January and February, Questrade blasts its ads everywhere. You’ve probably heard them on the radio or seen them on television. To be honest, the ads are quite effective since they always show how people are getting ahead by lowering their fees. Some of the scenarios may be over the top, but there’s no denying…

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How to Transfer Your RRSP to Another Financial Institution

Now that the RRSP season is officially over, although technically there is no RRSP season, I want to focus on a subject that many people wonder about. How to transfer your RRSP to another financial institution. At first glance, making the switch may appear difficult, but it’s a surprisingly easy process. Generally speaking, all you…

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Rogers ESAP

Rogers Employee Share Accumulation Plan (ESAP) Explained

The Rogers Employee Share Accumulation Plan (ESAP) is easily one of the best benefits available if you work for Rogers. Not only does Rogers match you a generous amount, but the Rogers ESAP is also available to just about every employee, so it can be highly lucrative regardless of your position. I personally gained tens…

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management expense ratio

Understanding Your Management Expense Ratio (MER)

One of the most commonly talked about topics in the personal finance world is fees. Most people realize that you’re going to pay a fee since you’re getting a service, but you may be shocked to find out how much you’re paying in fees. Eliminating small daily fees are great for improving our cash flow,…

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Hardbacon Review

Hardbacon Review

Finance and budgeting apps are nothing new for Canadians, however, there is one Canadian fintech company that is quickly making headway with the versatility of their app. Hardbacon has been available since 2018. Their mission is to help Canadians make better financial decisions and to become wealthier day after day. Every app has a similar…

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Crypto.com Visa Card Review red

Crypto.com Visa Card Review

One of the world’s largest cryptocurrency websites, Crypto.com has just made its Visa card available to Canadians. While this product may be new to Canada, it debuted in Singapore in 2018. The following year it launched in the United States before being made to Europeans in 2020. Admittedly, I don’t know much about cryptocurrency. I…

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Millionaire teacher book review

The Millionaire Teacher Review

The Millionaire Teacher is back! Okay, he technically didn’t go anywhere, but author Andrew Hallam has just released the second edition of his book The Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School. Let’s be clear, if you’re looking to learn about personal finance and investing, this is a must-buy…

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How is Cryptocurrency Taxed in Canada?

**Note, I am not an accountant, nor am I an expert on cryptocurrencies. You should seek the advice of an accountant with experience in cryptocurrencies if you have any serious questions or concerns. With the explosion of Bitcoin, Ethereum, and whatever other cryptocurrencies that currently exist or will come to exist, many people are starting…

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What is Socially Responsible Investing?

**This is a sponsored post written by me on behalf of RE Royalties. All opinions are my own. Do you consider yourself to be socially responsible? Is sustainability important to you? What about the environment? Do you try to reduce waste, support ethical businesses, and prevent climate change? Chances are that you answered yes to…

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