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 […]

A personal finance book written by an insolvency trustee can’t be interesting, right? Wrong. Straight Talk On Your Money by Doug Hoyes promises to cut through the biggest myths and mistakes about money and, boy, does it deliver! Full disclosure: I’ve known Doug for a while. I was a guest on his podcast when I […]

For most of us, buying and selling a house is likely the single largest financial transaction of our lifetime. Having what I like to call a “rock-star” real estate agent can mean all the difference between a smooth, stress-free experience and a nightmarish one. With over 40,000 real estate agents in Toronto, choosing an agent […]

Last Friday morning I woke up to a loud noise in the laundry room from my furnace. I didn’t think much of it until I noticed the heat didn’t come on an hour later. The temperature was quickly plummeting in the house. It was supposed to be 21 °C, but it was only 16 °C. […]

Your mortgage may seem like a life sentence, but it doesn’t have to be. Through “side hustle,” you can achieve your  financial goals sooner like saving the down payment for your future home and paying down your mortgage in 10 years or less. I’m living proof of the power of side hustle. With side hustle, […]

Shopping for a mortgage is a lot more than simply finding the mortgage with the lowest rate. You wouldn’t shop for a condo by lowest list price only, ignoring other factors like maintenance fees, amenities and location. So don’t do it with your mortgage. The lowest mortgage rate may be the best mortgage, but there’s […]

The single biggest hurdle that keeps many renters from becoming homeowners is the down payment. With the average price of a detached home over $1 million in Toronto and Vancouver, it’s more important than ever to set yourself realistic home-buying expectations to avoid disappointment. You may not be able to afford a similar home as […]

Does it make better financial sense to rent or own your home? The high cost of real estate has many Canadians second guessing the dream of homeownership (I address the never-ending renting versus owning debate in my book, Burn Your Mortgage). You may be surprised to hear this coming from me, but for some people […]

New Year’s, it’s a time of celebration and reflection. Celebration for all that we’ve accomplished in the year. Reflection for positive changes we could make to ensure that next year is even better. A popular annual tradition is to set New Year’s Resolutions. Popular resolutions include getting in better shape, quitting smoking and better managing […]

To help keep housing affordable in the province, the B.C. government is offering an interest-free loan to first-time homebuyers. The B.C. Home Owner Mortgage and Equity Partnership program will provide property virgins with a loan of up to $37,500. This amounts a maximum five percent of the purchase price or half the down payment. The […]