Tag: future

How to Manage Your Investments During the Pandemic

Adapting to the current environment is more important than ever – especially when it comes to finances. Some of us aren’t spending as much as we used to and are looking at our investments more closely. Market fluctuation can be caused by a variety of factors, and it’s important to understand how any movement may… Continue reading How to Manage Your Investments During the Pandemic

How to Increase Your Financial Resiliency

When it comes to your personal finances, it’s important to be prepared for the unexpected. Whether it’s an overall downturn as Canada faces an uncertain economic forecast or a difficult personal situation such as job loss, illness, injury or a major home or automobile expense, experts agree that resilience is the key. There are many… Continue reading How to Increase Your Financial Resiliency

Three steps to managing your money in a cashless society

Canada is leading the world in financial technology, with cashless transactions using credit cards, contactless payments, e-transfers and phone apps now the social norm. But for those of us still heavily relying on cash or not making use of the latest technology, making the transition to an increasingly cashless world can be a struggle. Fortunately,… Continue reading Three steps to managing your money in a cashless society

Fears of a COVID-19 Second Wave Hold Loonie in Place

Source: MarketsFarm, Producer.com, May 13, 2020 Thanks to the production cuts announced by Saudi Arabia on Monday, benchmark crude oil prices were steady to higher on Tuesday. WINNIPEG, (MarketsFarm) – The Canadian dollar steady on Tuesday, bolstered by moderate gains in North American crude oil prices. However, fears of a second wave of cases in… Continue reading Fears of a COVID-19 Second Wave Hold Loonie in Place

Increase Your Home’s Value by Investing in Your Basement

When it comes to return on investment, a basement reno is one of the smartest home improvements you can make. Whether you’re planning on selling or want to enjoy the space with your family, here are some tips to take your basement from lacklustre to lavish. Upgrade your flooring. Is your basement always cold? Do… Continue reading Increase Your Home’s Value by Investing in Your Basement

Why Having a Budget and Sticking to It Really Does Matter

A budget is the foundation of financial well-being. And with good reason. It’s a simple but highly effective way to make sure you live within your means, and it allows you to have control over your finances. Research backs this up. The Financial Consumer Agency of Canada has found that when people start using a… Continue reading Why Having a Budget and Sticking to It Really Does Matter

Understanding how financial stress impacts your well-being

Canadians consistently rank money as their biggest source of stress – higher than health, work or family obligations. This is not surprising when you consider that more than half of us do not regularly save money to cover unexpected expenses, according to the first national survey of financial well-being conducted by the Financial Consumer Agency… Continue reading Understanding how financial stress impacts your well-being

Protecting yourself from fraud during COVID-19

Safeguarding against scams can be a challenge. This is especially true during difficult periods like we are experiencing now. The COVID-19 pandemic is creating a lot of uncertainty and worry – the very things that fraudsters thrive on. Scams can include phone calls, emails and texts that seem to be from financial institutions asking for… Continue reading Protecting yourself from fraud during COVID-19

Things to consider when choosing a mortgage

When you buy a home, you might want to consider choosing a mortgage that includes flexible prepayment privileges. Prepayment privileges allow you to increase your regular mortgage payments without having to pay extra fees. Prepayment privileges are sometimes included in the agreements for closed mortgages. If your lender is a federally regulated financial institution, such… Continue reading Things to consider when choosing a mortgage