Saving Money

How To Save Money At Home Without Sacrificing Style

Colin & Justin | Posted 11.07.2016 | Canada Living
Colin & Justin

Ever sensitive to finance, we thought we'd touch, today, upon ways in which to conserve dollars around the home. Call us "frugalistas," tight wads or simply canny Scottish gents, but be assured: wherever possible, we won't overspend.

How To Save Money As A Minimalist

Rubina Ahmed-Haq | Posted 10.18.2016 | Canada Living
Rubina Ahmed-Haq

I've always promoted living a lifestyle that helps you save money. That's why I have embraced the minimalist trend, and I have to say I never knew how much free time I had until I got rid of my old stuff and how much money I would save by living with less.

Hey, Millennial Parents: How's That Saving Thing Going?

Kathy Buckworth | Posted 10.03.2016 | Canada Parents
Kathy Buckworth

A recent survey done for Presidents Choice Financial revealed that while only 44 per cent of millennial parents would have considered regular savings on groceries a high priority before kids, 76 per cent of this group agree grocery savings are highly appealing today. But groceries aren't the only thing they're looking to save money on.

5 Money Tips For Social People

David Lester | Posted 08.31.2016 | Canada Living
David Lester

The expectation is that social people will be the ones with zero savings, loads of debt on BMWs and flashy condos that are rented. None of that has to be true! Buying trendy lofts in the "up and coming" areas of the city, budgeting for partying, automating RRSP contributions, and using your ah-mazing charm and whit can get you ahead in a lucrative career. Popular people can be financially savvy too!

Consider Thrift Shops For Back-To-School Outfits

Debbie Wolfe | Posted 08.30.2016 | Canada Parents
Debbie Wolfe

People shop at thrift stores for many reasons. I hail from Britain, where second-hand clothing was not a source of shame but a way of life. Here in Canada, our family has a limited budget for clothing, preferring to pay for canoe trips and soccer programs. But the best reason for thrift shopping has less to do with how we look -- and everything to do with the lives we touch.

When To Save (And Where To Splurge) For Back To School

Rubina Ahmed-Haq | Posted 08.30.2016 | Canada Parents
Rubina Ahmed-Haq

Where did the summer go? My little girl is off to Junior Kindergarten, and I've been trying to savour every second. The back-to-school shopping ads are a clear indication that fall is around the corner and it also signals the beginning of one of the busiest shopping seasons of the year.

Here's Hoping New Canada Child Benefit Will Boost RESPs

Bruce Sellery | Posted 07.21.2016 | Canada Business
Bruce Sellery

The Canada Child Benefit is a new program aimed at helping families with the cost of raising children today and into the future. This is the week when the cheques (or direct deposits) are set to arrive. I'm optimistic that the money will prompt some families to open up a Registered Education Savings Plan for their kids.

Summer Jobs Build Money Smarts

Cairine Wilson, CPA Canada | Posted 07.14.2016 | Canada Parents
Cairine Wilson, CPA Canada

That initial job can also serve as an ideal springboard to talk money management with your kids and help strengthen their financial knowledge.

5 Ways To Save Money In The City This Summer

Megan Radford | Posted 07.05.2016 | Canada Living
Megan Radford

Living and housing expenses in Canadian cities are pretty heavy right now. If you're a Millennial like me, you're likely paying off a student loan, car payments, your first mortgage, or all three. There often isn't much left over at the end of the month to enjoy the much-needed and all-too-fleeting summer sunshine. So what's a thrifty city dweller to do?

That Emergency Fund Can Wait – Prioritize Paying Off Debt Instead

Nanci Murdock | Posted 07.04.2016 | Canada Business
Nanci Murdock

Your priority should always be to pay off debt. But while you are diligently paying off debt (especially debt with an interest rate 10 per cent), invest in yourself and send a message to the Universe by starting an emergency fund with even just $100 and $50 automatic monthly contribution.

Expanding Canada Pension Plan Key To Lasting Retirement Security

Charles Sousa | Posted 06.20.2016 | Canada Politics
Charles Sousa

Fifty years ago we fixed the problem through vision and leadership by creating the CPP. Today we need to fortify the CPP to give future generations of Canadians confidence that they can live with dignity when their working life comes to an end. It's a proven and sensible approach.

Are the Joneses Really Wealthier Than You?

Tea Nicola | Posted 06.10.2016 | Canada Business
Tea Nicola

Keeping up with the Joneses is nothing new. But thanks to social media, our friends' lifestyles can be hard to ignore. The need to show off, the desire to have what others have, and the ease at which we can obtain credit, all contributes to the pressure we feel to keep up. It's a pressure felt globally, regardless of income bracket. Have you ever noticed how many celebrities have declared bankruptcy?

The Fintech Revolution Is Just Getting Started

David Lester | Posted 05.19.2016 | Canada Business
David Lester

You can now open savings and chequing accounts, manage your retirement and investment accounts and get loans online, never mind being able to leave your wallet at home and use your phone to buy everything. Here are the top companies that can take you from money 2D banking to 3D.

10 Life Tips To Help Increase Your Housing Budget

The RentSeeker.ca Team | Posted 05.19.2016 | Canada Living
The RentSeeker.ca Team

If you rent, you know how important it is to stretch your monthly budget in order to get a place you love. The line between 'wants and needs' must be clearly drawn, and once you have your budget, it's time to make the most of it. RentSeeker... is here to help you stretch that budget with 10 tips to save you money so you can maximize your housing budget and find an apartment you'll be excited to call home.

7 Mostly Legal Ways To Save On Rent

YPNextHome | Posted 05.10.2016 | Canada Living
YPNextHome

As rent prices continue to soar across Canada, here are a few ways you can take matters into your own hands and minimize your rent in the city -- legally.

Top Hacks For Maximizing Your Decorating Budget

Sari Friedman | Posted 04.15.2016 | Canada Living
Sari Friedman

How do you bring spring into your home and get a designer look on budget? Here are a few tips and tricks get the look you are after without breaking the bank.

How Starving Artists Can Create A Stable Income

David Lester | Posted 03.31.2016 | Canada Business
David Lester

All the tips on budgeting are based on people who get paid on a regular schedule, but if you're an actor, musician, etc., you'll get a chunk of change all at one time and then often have a dry spell. It's so easy to blow through the money that you get paid and then have nothing left for the few months that you're waiting for that next gig.

Budgets And Bank Statements Are The New Birds And The Bees

Wade Stayzer | Posted 10.28.2016 | Canada Parents
Wade Stayzer

The birds and the bees may not be the only difficult conversation you'll be having with your kids, discussing money and finances with your children can be just as challenging. Given the lack of mandated financial literacy courses in Canada, parents can fill the void by teaching financial concepts to their children early on.

5 Tips For Brides Who Don't Want To Go Broke

Kelsey Malenchak | Posted 03.15.2016 | Canada Living
Kelsey Malenchak

Sorry to all of the amazingly talented videographers. I'm sure they do an amazing job but let's face it, how often do you think you will watch the wedding video? Sure it's great to have to show the grandchildren someday but does the cost outweigh the value? I suggest taking the money you want to spend on a videographer and put it towards your photographer budget. Photos will always be displayed in your house and in albums. Plus, photos are a much better thank you gift.

Can Your Personal Finances Survive A Stress Test?

Anita Saulite | Posted 03.03.2016 | Canada Business
Anita Saulite

Managing a big change in life can be daunting. That's why we need to have a clear understanding of our financial situation. It can't be fuzzy. Banks, for example, regularly conduct stress tests to identify areas of vulnerability. Testing allows for preventative planning to avoid systemic breakdowns or unrecoverable losses.

How Refugees And Newcomers Can Access Canadian Bank Services

Christine Shisler | Posted 02.24.2016 | Canada Business
Christine Shisler

One of the first things you'll need to do is open a Canadian bank account. This will give you a safe place to deposit and access your money whenever you need it. Canada's banking system can differ from other countries, and it takes time to understand the various types of financial institutions, bank accounts and services available.

Make This The Year Of A New Financial Strategy

Cindy Crean | Posted 02.12.2016 | Canada Business
Cindy Crean

The 2015 Sun Life Financial Annual Check-Up found that 66% of Canadians say their debt level is the same or worse than it was at this time last year. Though 67% say they're optimistic about 2016, only 13% note that paying down debt is among their top three New Year's resolutions. Just four per cent rank savings as a top resolution. Now is the time to make that change!

Lovebirds Are Spending Less Due To The Low Loonie

Kristen Larrea | Posted 02.10.2016 | Canada Living
Kristen Larrea

While Valentine's Day is meant to be a celebratory holiday, many Canadians may be scaling back on showing their affection this year due to the state of the economy. Luckily for those in love, there are out of the (chocolate) box ways to save on Valentine's Day gifts and activities.

Cure Your Holiday Debt Hangover

Rubina Ahmed-Haq | Posted 02.03.2016 | Canada Business
Rubina Ahmed-Haq

Hands up if you spent more than you wanted to this past holiday. From gifts to entertaining to travel, it's easy to get swept up in the holiday spirit and dole out more cash than you first intended to. Now the credit card bills have started to arrive and you may be wondering where the extra money will come from?

10 Ways You Can Cut Your Car Costs

Anne Marie Thomas | Posted 01.27.2016 | Canada Business
Anne Marie Thomas

You've probably heard that buying a car is one of the worst investments you can make. Reports suggest Canadians spend more than $5,000 a year on maintenance and gas, not to mention tickets, driver's licence and plate renewals, parking and insurance. But does it really have to be this way?