Investing

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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Mylo Review

In the market for a budgeting app that will help you save money? Mylo may be just what you’re looking for. This app helps you save money on a regular basis without having to change your spending habits. Not only does it help save your money, but Mylo also invests it to keep your money…

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Nest Wealth Review

Nest Wealth Review | Best Robo Advisors in Canada

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…

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What is a Mutual Fund?

When it comes to investing, one of the most popular products, if not the most popular, is a mutual fund. This type of investment product is available to all investors, but many still don’t know what is a mutual fund. To simply put it, a mutual fund is an investment product that consists of stocks,…

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What Happens to Unused RESP?

The Registered Education Savings Plan (RESP) is one of the best things the government of Canada has ever introduced since you can get a yearly match up to $500 thanks to the Canadian Education Savings Grant (CESG). But you already knew that. If you’re reading this article, you want to know what happens to unused…

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RBC InvestEase Review

**This post is sponsored by RBC InvestEase Inc. All views and opinions expressed represent my own and are based on my own research of the subject matter Are you looking into robo advisors and investing but don’t know where to start? Although robo advisors are becoming more and more popular across Canada, some people still…

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Stop screwing your retirement

Stop Screwing Your Retirement!

As a personal finance writer, I always try to be positive when I talk about money. I understand that managing your finances is no easy task. I openly admit that I’ve made some mistakes in the past which is why I try to relate what I’ve learned to you. But there’s one thing that drives…

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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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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…

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How To Find A Good Financial Advisor

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…

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