Life

What is a Last Will and Testament?

There is a common misconception that estate planning is only necessary for wealthy people with large homes, fancy cars and expensive art collections. I’m here to debunk that myth by explaining why every adult needs a will (no matter how much money you have) and how to get one in place today.  Who needs a…

Read More

Maternity Leave in Ontario: How it works

Maternity leave in Ontario is similar to other provinces (except Quebec) and territories since it’s administered by the federal government. What makes maternity and parental benefits in Canada appealing is that you can still earn an income for up to 18 months while staying home to take care of your child. When you’re on maternity…

Read More
Financial Aid for Canadians Looking to Study Abroad in the USA

Financial Aid for Canadians Looking to Study Abroad in the USA

While Canada has a fantastic higher education system, many Canadian students may choose to go to the United States to attend college. Of course, American colleges and universities can be prohibitively expensive, making it difficult to finance a college degree in the U.S. With tuition costing as much as $40,000 per year at some private…

Read More
Add RESP payments to the cost of raising a child in Canada

The Cost of Raising a Child in Canada

I’m at the age now where all my peers are having children. Friends who were never active on Facebook or Instagram all of sudden have plenty to share. I’m happy for you, I really am, but forgive me, I’ve probably turned off your status updates. Beyond the likes and retweets, the cost of raising a…

Read More
how much does ivf cost ultrasound

How Much Does IVF Cost in Canada?

So I’ve got an announcement, my wife and I are expecting! Our due date is early July so I’ve kept this news on the down low for quite some time. We’re really excited about this life changing event and you can probably expect a few more baby/parenting related posts in the near future. I really…

Read More

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…

Read More

Willful Review | Get $15 off with my Willful promo code

Do you have a will in place? It seems like an odd question, especially for young people, but the truth is that everyone should have a will. The fact, however, is that many don’t. In fact, 56% of Canadian adults do not have a will. Why? Well, there are a few reasons. First off, I…

Read More

How to Manage Your Money as a new Parent

Having a child is what many people strive for but when that bundle of joy comes, it can be stressful since you’re trying to figure out how to be a new parent while having to adjust to a bunch of new expenses which you may have not anticipated. Understandably, things can get overwhelming fast, but…

Read More
5 friends that F up your finances

5 Friends that F up Your Finances

One of my personal finance books is the Millionaire Next Door. Without going into too many details, it explains how research finds that people who appear rich may not actually appear to be rich. It makes sense in hindsight since the people who are actually rich save their money instead of spending their cash on…

Read More
how to save for your childs education

5 Ways to Save for Your Child’s Education

**This is a sponsored post written by me on behalf of Kijiji. All opinions are my own. As soon as Scarlett was born, I took immediate steps to set up her Registered Education Savings Account (RESP). I knew that this was the best way to save for her post-secondary education since the Canadian Education Savings…

Read More