Should the RRSP Home Buyers’ Plan (HBP) be expanded and modernized? That’s what the Canadian Real Estate Association (CREA) is proposing. CREA has put forward a number of proposals, the biggest of which is “intergenerational RRSP loans” to help first-time homebuyers. At first glance this seems like a good idea. Home prices are rising fast […]

I’m super excited to be sharing the story of Kay. Kay reached out to me via email after reading my CBC article. She was inspired to follow in my footsteps and burning her mortgage, too (and in Seattle, one of the America’s most expensive places to buy a home, no less). Kay’s story is very […]

If you haven’t read my post on Part 1 of my trip, be sure to check that out first. Day 1: Wednesday, September 20 I woke up at 6AM MT to make my way to the Calgary International Airport on the CTrain and bus. I arrived with plenty of time and boarded my flight to […]

A promise I made to myself when I burned my mortgage was that I’d stop putting off travel and make it more of a priority going forward. With my mortgage paid off, I no longer have a good excuse not to travel. As I mention in my book, the best part about achieving financial freedom […]

Author: Dan Kent A lot of new investors struggle with the first and most important step towards starting their investment portfolio. That step is choosing a broker. There are a plethora of options available to you, and the overwhelming amount of companies to choose from may make the decision difficult without proper knowledge. This article is […]

Canada’s banking regulator OSFI (short for Office of the Superintendent of Financial Institutions) has become quite the water cooler conversation topic these days. “How ‘bout them Blue Jays?” has been replaced with “did you hear about the latest mortgage rule changes?” Although these were perhaps the most anticipated mortgage rule changes in history, there’s still […]

You may have heard of the saying, “hard work pays off.” Growing up our parents teach us that if we work hard early on, we’ll be rewarded later in life. We study hard in school in hopes of one day landing an entry-level position and working our way up the corporate ladder. Despite advancements in […]

Author: Stephen Weyman Credit cards and homeownership are an unlikely pairing … how can these two things possibly be related? More than you might think actually. Credit cards are a powerful financial tool that not only will help solidify your credit score before you need that mortgage, but they can also assist you with your […]

In the summertime, I was invited to a Rewards Roundtable event hosted by Scotiabank. I enjoyed a delicious vegetarian meal prepared by Celebrity Chef Corbin Tomaszeski, as we discussed everyone’s favourite dinner table topic, rewards. When it comes to credit cards, there are plenty of reward options out there – cash back, reward points, travel […]

For most people, buying your home is the biggest purchase of your life and with it a HUGE mortgage. On Financially Fabulous with Limor I share my top tips to pay off your mortgage faster and save thousands of dollars in the process. Financially Fabulous with Limor – How to Pay Off Your Mortgage Faster […]