Investing
When to Switch from Robo Advisor to Discount Brokerage Investing
**Today’s guest post comes from my friend Kyle Prevost over at MillionDollarJourney.com. He’s am editor and writer, in addition to being a personal finance education expert. When my friends used to ask me about how…
4 Simple Steps to Financial Independence
Today’s guest post is written by Chrissy Kay. She blogs at Eat Sleep Breathe FI and podcasts at Explore FI Canada. Chrissy is passionate about sharing her FI* and personal finance knowledge. In this post,…
What to do With Your Investments Right Now
Okay, I know you’ve heard by now that COVID-19 has caused mass selloffs in the stock market. I haven’t checked the exact numbers, but I think things are down about 30% from the peak. This…
Compound Interest Definition and Explanation
Compound interest is a common term you hear when it comes to investing. But, what exactly is compound interest, how does it work, and how can you best take advantage of it? I’m sharing what…
How to Build a Relationship With Your Financial Advisor
I’ve worked with a handful of financial advisors over the years and I can honestly say I’ve never had a relationship with any of them until I connected with a fee only financial advisor. This…
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,…
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…
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…
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)…
DIY Investing – With a Little Help
Forget about me, what did you learn from financial literacy month? Is there something that really stuck with you? Have you decided it’s time to take control of your finances? The one question that I…