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budgeting

Budgeting isn't a dirty word, yet for many people the process of creating and living on a budget is seen as confusing, restrictive and scary. Creating a budget is actually a very straightforward process. Budgets aren't difficult but they require organization and discipline in order to be successful.
The post-secondary years are the ideal time to lock in great habits and fill any gaps in your children's financial education. Regardless of whether there are savings set aside or loans to be taken, managing the dollars matters. It's our young people who gain the most from good advice as they take on increased responsibility.
From repairing a leaky roof to replacing a car engine, these unexpected costs can add up fast. But more important than unexpected costs, an emergency fund is your safeguard against a sudden loss of income. That's why financial experts stress the importance of having an emergency fund.
FACT: 90 Per Cent of the Journey Is Taking the First Step Once you're determined enough to take that initial step towards
When I became a parent 15 years ago, I knew it was important to save for my daughter's education. While our income didn't allow for large RESP contributions, we made regular ones, supplemented by money she received, often as gifts, along the way. But with my daughter a mere three years away from post-secondary school, I've learned that my role as a parent extends well beyond helping her finance an education.
Many Canadians are well aware that a disability could occur at any time. Ninety-six per cent of us believe it, according to a recent RBC survey. The same survey showed that more than three-quarters of us also believe that missing three months of work, due to disability, would put us in serious financial jeopardy. Here are some steps you can take to prepare yourself for a possible disability.
Generation Y Canadians, born between 1980 and 1995, are constantly portrayed in the media as a generation burdened with financial issues. Here are a few tips from my personal experiences to ward off the spend-fests and embrace the habit of saving to overcome student debt.
I am writing this post mid-Saturday afternoon... and I am wasting a substantial sum of money while doing so. To explain (without
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.
Now that the annual financial anxiety season is over, how did you and your partner do? If you both had a less than spectacular financial year, don't be discouraged. Now is a great time to review your financial situation and resolve to make changes now to ensure you're in a better position next year.