Financial recovery requires the right tools
Pop that champagne, you’re getting married! Congratulations on your engagement! After announcing the big news to friends and family, it’s time to start planning for your big day. That means creating a wedding budget and putting those plans into action. It’s no secret…
Figuring out your finances for post-secondary can be an extremely stressful time for many students due to the costs of tuition. For many students this will be their first time on their own so having a budget tailored to them can cut stress and overspending, while also….
Back to school time is usually a stressful yet exciting time for parents and children alike, filled with new school supplies for the hopeful new school year. This year is beginning to look a little different with many schools switching to online learning for the foreseeable…
Let’s talk about budgeting, more so how to budget during a recession. I know what you’re thinking: budgeting and recession are two dirty words we don’t want to think about, but now more than ever we need to face them.
Summer is here in full blast with heat waves and summer sun! But with Covid-19, summer travels aren’t happening this year. So, to beat those stay at home blues we have created the best Ottawa staycation guide to fun, sun and social distance activities. First on the list is sun
Home / Blog / Financial, Savings by Janet Doyle According to TheKnot.com, the average couple spends $29,450 on their wedding. Even attending a wedding typically costs $888 while members of the wedding party can expect to pay well over $1000 to be a part of the big day. Given the
Home / Blog / RRSP, Debt A survey conducted by a major bank concluded that almost 40% of Canadians admit they’ve cashed in part of their Registered Retirement Savings Plan (RRSP) well before retirement. Many feel they don’t have a choice. Most aren’t using their RRSPs to take trips, buy
Home / Blog / Wages The good news is that private and government pensions, under the Ontario Pensions act, cannot be garnisheed by a normal creditor, such as a credit card company. You can only make garnishments under the Ontario Wages Act, and pensions aren’t work wages. The bad news
Home / Blog / Debt, Savings & Retirement Question: A recent study confirmed that well over 80% of Canadians facing retirement have not saved enough to maintain the standard of living they expect. Many will spend what is supposed to be their “golden years” in relative poverty according to Statistics Canada figures
Home / Blog / RRSP, RESP, Pension Plan If you’re in financial trouble and considering either a consumer proposal or bankruptcy, you may be wondering what will happen to your RRSPs/RRIFs, your pension, and/or your RESPs. When it comes to insolvency law in Canada, each of these investments is treated
