Motive Financial is the online banking division of Canadian Western Bank (CWB). Originally, this online platform was called Canadian Direct Financial which was created in 2008, however, in 2017 the company rebranded and Motive Financial was born. Due to the fact that Motive Financial is an online bank only, they are able to offer various [...]
In recent years, I’ve been getting a lot of questions about the Registered Education Savings Plan which is more commonly known as RESP. I suppose I shouldn’t be that surprised that many of my peers are interested in the RESP rules since they’ve just had children. Heck, one of the first things I did when [...]
Robo advisors have become an incredibly popular way to invest in Canada. Thanks to cheaper fees and solid long-term investment strategies, Canadians are finding robo advisors to be a smart, easy, and safe way to invest and save for their future. So what exactly is a robo advisor? Despite the name, it’s important to know [...]
Whether you’re making your first contribution or you’re a veteran investor, one question that commonly gets asked is: how do you find a good a financial advisor? If you have any financial knowledge then you should probably manage your money on your own. That being said, it’s definitely worth seeking out an advisor or planner if [...]
Are you looking for an easy way to invest but not sure where to begin? Do you want a method that will save you time, stress, and even money? Then maybe it’s time that you considered a robo advisor.Despite the name, it’s important to note that robo advisors are not robots. The process is automated [...]
Curious about investing but not sure where to start? How about with a robo advisor? Robo advisors are becoming a popular way to invest in Canada thanks to how simple and easy they make the application process. While the simplicity makes robo advisors ideal for beginners, the reliable strategy they use makes them ideal for [...]
Are you considering using a robo advisor for your investments? Don’t worry, you’re not alone. Robo advisors are becoming more and more popular as an investment option for Canadians who are looking for an easier and more laid back approach to their investments. With low management fees, trustworthy experts behind the companies, and a strong [...]
**This is a sponsored post written by me on behalf of BMO. All opinions are my own. Every year, you have until the 60th day of the year to make a Registered Retirement Savings Plan (RRSP) contribution. In other words, if you want to claim that contribution to your previous year’s tax return, you better [...]
You've likely noticed by now a ton of ads for RRSPs. This is pretty typical from the banks since the end of February is the deadline for contributions for the previous tax year. This is a great reminder for everyone, but RRSP contributions can be made any time during the year so there's no need [...]
EQ Bank is a Canadian digital bank that has been around since 2016 and is currently offering 2.30% interest* rate on their EQ Bank Savings Plus Account. That's one of the highest interest rates in Canada and easily beats what all of the big 5 banks are offering. As you can imagine, EQ Bank is [...]
