Wealthsimple is a name synonymous with Canadians for low cost investing, but that’s not all it’s known for. The leading digital investing firm is broadening it’s services with the release of its very own savings account – the Smart Savings Account. With more Canadians doing their banking online, Wealthsimple offering savings accounts to its clients […]

I was recently interviewed by Davis Mutabwa on the Business Generals Podcast where I shared my story from living in my mother’s house to paying off a $425k home in 3 years. Check out the full episode including all the steps I took and now teach. You may have already paid off your mortgage but you […]

When I found out in the summertime that that CIBC and Loblaw were ending their nearly 20 year partnership, I was caught off guard. Although I saw the Optimum-PC Plus merger coming from a mile away, I never thought in a million years it would lead to the breakup of PC Financial. I’ve been a […]

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. […]

Congrats, you’ve made the wise decision of buying a home. Purchasing real estate offers many benefits – forced savings, a tax-sheltered long-term investment and the ability to turn your home into an income source by renting it out, to name a few. With almost 70 percent of Canadians choosing to own their homes instead of […]

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 […]

The following is a guest post by Scott Moore of Proliteracy.ca.   Like the thousands of Canadians, I recently read about how Sean was able to pay off his mortgage in three years. What Sean accomplished is quite inspiring, especially to young aspiring homeowners. Our team at Proliteracy.ca is aiming to help young people with an equally […]

The following article is a guest post by SmartSAVER.org, a non-profit organization. Many of us will go out of our way to redeem coupons or find freebies, but why aren’t we taking advantage of free money for post-secondary education? One reason may be that many people don’t know about government programs offering free money, or […]

Do you have a defined benefit pension plan at work? Consider yourself fortunate. Only one-third of employees have any pension plan (that includes defined benefit, defined contribution and group RRPSs). Today I’m going to explain how a defined benefit plan works, so what better way than to look at my company’s pension plan? I work […]

With home prices heading into the stratosphere, many first-time homebuyers are turning to the bank of Mom and Dad for help. Those are the findings in a survey of the residential mortgage market that was done for the Canadian Association of Accredited Mortgage Professionals (CAAMP). Although the average down payment made on a first home […]