Another interesting finding from the poll was that students are significantly more anxious about taking on debt than their parents think they are (69 per cent versus 60 per cent), and they're more worried about having enough money to cover expenses (71 per cent of students versus 57 per cent of parents).
The important thing is to write the goals down and post them somewhere that you see them everyday. Don't be embarrassed about putting them on the fridge and having your friends see them when they come over for a visit. You may not be proud of falling into debt but you should be proud of overcoming it.
We've found that there's just not enough conversation around health and aging and its impact on money. It's extremely important that all ages, but especially seniors, prepare for major life changes -- from divorce to illness and everything in between.
Beyond the goofy hype and hyperbole, the silly alliteration and the abundant capital letters, headlines like "Market's Sizzling Spike Sets Seventh Record High in 2014" are actually something we need to take seriously.
For the average person, debt management seems like a simple strategy. But it is easy for debt to get out of control -- the sooner you make a plan and stick to it, the better it will be for you in the long run.
Investing and managing money might seem like one such task that requires a large amount of personal attention and professional advice. However, an increasing number of investors have started looking to technology to help manage their money. This trend has seen the rise of a new breed of wealth manager -- "the robo-advisor."
Financial stress has been identified on the intake forms of nearly 80 per cent of my naturopathy clients, most of whom are women. For a significant portion of these individuals, it is not that they don't have adequate earnings; it is usually that their money is not managed in a manner that supports their lifestyle or long-term goals.
Grab a couple of gloves and a ball and ask your dad to play catch with you just like you did years ago. You may not have the same coordination as in the past, but it will be fun nonetheless. And you know what? It's not even the act of throwing and catching that will make this gift memorable -- it's the quality time and conversation you'll have while doing it that he'll remember.
You survived the debt temptations of the holiday season, achieved your personal best in RSP contributions and only had to pay a small amount in additional taxes for the last year. Now you can relax until the whole headache starts again in a few months. But what if you could avoid the hassle by setting up a plan that could help reduce your next end-of-year tax bill?
By now, most students planning to start college or university in the fall are beginning to think seriously about what needs to be done before their classes start. So how do we help students prepare for the coming year? A good starting point would be by taking some time now to review and discuss the following questions.
The answer to the age old question is in: money can buy you happiness. But not so fast, because it's not that simple or straight forward. The reality is, what we do with our money each and every day matters.
Summer is synonymous with long lazy days, picnic lunches and road-trips. There's nothing better than driving with the windows rolled down and your favourite tunes blaring. And for a growing number of Canadians that means hitting the road in an RV.
Wedding season is upon us. I am a supporter of marriage; after all, I am happily married. However, it's worth considering whether it's more financially beneficial to be married or live in a common-law arrangement.
Life experiences will enrich your life. Things won't. Each time you reach into your wallet to spend, think about what it is you are actually doing. You will acquire greater respect for your money when you follow the money trail. Don't let your money lead you down a dead end street.
"It's the thought that counts." So, with Mother's Day right around the corner, Consolidated Credit has compiled some great gift ideas that will show your mother how much you care, without causing you to dip into your savings.
Graduating students have high debts and the chance of finding a good paying job appears to be low, according to the leading pundits. This may all seem very daunting if you're a grad with two or three part-time jobs who's barely scraping enough together for rent. Here are some suggestions on how you can achieve these goals with careful planning and creativity.