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 [...]

By |2019-09-01T09:12:33-04:00August 12th, 2019|Investing, Personal Finance|

Registered Education Savings Plan (RESP) Canada | Everything you need to know

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 [...]

By |2019-07-25T06:41:40-04:00July 1st, 2019|Investing, Personal Finance, Young Money|

How To Find A Good Financial Advisor

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 [...]

By |2019-06-13T09:35:29-04:00May 27th, 2019|Investing, Personal Finance|

Justwealth Review | $50 Free when you sign up

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 [...]

By |2019-05-30T22:19:46-04:00March 25th, 2019|Investing, Personal Finance|

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, [...]

By |2020-01-20T16:00:33-05:00March 7th, 2019|Investing, My Money, Personal Finance|

Don’t Stress out About Your RRSP and TFSA!

**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 [...]

By |2019-03-07T07:59:58-05:00February 21st, 2019|Investing, My Money, Personal Finance|

Are You Using Your Tax-Free Savings Account?

Despite the fact that Tax-Free Savings Accounts turn 10-years old in 2019, only 69 per cent of Canadians say they have a TFSA according to BMO’s Annual TFSA Study. This number is actually up from 56 per cent from the previous year which is a 23 per cent improvement, but’s it’s still too low in [...]

By |2018-12-30T06:33:03-05:00December 19th, 2018|Investing, My Money, Personal Finance|

3 Reasons why You Shouldn’t Freak out About Saving for Retirement

**This is a sponsored post written by me on behalf of the Canadian Pension Plan Investment Board. All opinions are my own. I think it’s safe to say that many people freak out when it comes to saving for their retirement. Some people may have not saved anything while others may not think they’re saving [...]

By |2018-11-22T07:02:02-05:00November 5th, 2018|Investing, My Money, Personal Finance|