Investing

What is a Mortgage Gift Letter?

If your parents (or someone else) are going to help you with your home down payment, you’ll want to know what is a mortgage gift letter. This is a vital document that’s required when you…

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. Are you…

Are Timeshares Worth It? The Unbiased Truth

Timeshares used to be all the rage. For a reasonable price, you can visit the same (or sometimes different) exotic location every year and have a spot guaranteed for you. Well, at least that’s what…

How to Transfer Your TFSA to Another Financial Institution

Have you ever wondered how to transfer your TFSA to another financial institution? Just like transferring your RRSP, it’s a simple process, but due to contribution limits, there are a few other things to consider…

Wealthsimple Review | Best robo advisors in Canada

**This post may contain affiliate links. I may be compensated if you use them. Are you looking for an easy way to invest but not sure where to begin? Do you want a method that…

Where Should I Invest My Down Payment? Simple Explanations

One of the most common questions I get asked these days is where should I invest my down payment? There are a lot of variables involved with this question, but generally speaking, if you plan…

What is Cryptocurrency? How it works

Have you wondered what is cryptocurrency? While cryptocurrency seems like a new, payment method for many of us, the concept of cryptocurrency actually dates back to the late 1980s. However, it wasn’t until October 2008…

RDSP Grant and Account Explained

Canada has a number of grant opportunities for Canadian residents, one of which is the RDSP grant. RDSP stands for registered disability savings plan and is meant to be a long-term savings vehicle for disabled…

addy Invest Review

When it comes to investing, real estate tends to be one of the most lucrative options. But, let’s be honest. Real estate is expensive and property prices just keep getting higher and higher during the…

Ontario Energy Rebates

Are you looking for Ontario energy rebates? At any given time, there are multiple incentives and rebates available that can help you save money if you’re looking to make energy efficient upgrades. How much you…