Interview: Financial Coach – Trevor Van Nest
Trevor Van Nest, Founder and Owner of Niagara Region Money Coaches
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How To Build Your Credit In Canada
In order to get credit, you need credit — it’s one of life’s greatest frustrations.
Continue readingTypes Of Insurance: A Guide For Canadians
You pay for insurance, but it’s something you hope you never have to use.
Continue readingHow To Invest Your Money
It sounds simple enough, but it’s important to understand how you can benefit from investing.
Continue readingInterview: Financial Planner – Dave Lee
Dave Lee, Senior Wealth Advisor, of Scotia Wealth Management
Continue readingThe Best Credit Cards In Canada
Wallets filled with coins and bills have gradually given way to sleek ‘n slim credit cardholders. The Canadian Bankers Association numbers from 2021 indicate that there are 76.2 million Visa and Mastercard credit cards in circulation in Canada. In addition, 70% of Canadians pay their credit card balance in full each month making their interest $0. Not all credit cards are created equal and given that the average Canadian has a balance of $4,500, knowing what you are getting reward-wise, or what hit you’re taking interest-wise, is key to successful money management. How do credit cards work? Essentially, they’re little plastic cards that allow you to spend and pay it back later, normally on a monthly basis. The credit provided via the card allows you to either make purchases, transfer balances from other cards, or give cash advances. Each card has different interest rates and sometimes rewards, but all require a minimum monthly payment towards whatever balance you have on
Continue readingHow To Find And Choose An Insurance Broker
An insurance broker helps to review your current lifestyle and provide guidance on the insurance that will best meet your needs.
Continue readingTax-Free Savings Accounts (TFSAs) In Canada: A Complete Guide
There’s a pretty wide variety of savings and investing tools in Canada. But the introduction of the Tax-Free Savings Account (TFSA) in 2009 was a bit of a gamechanger, introducing a whole new way for Canadians to maximize the money they set aside while paying less tax. What is a TFSA? A bit of a misnomer (more on that below), TFSAs is a registered savings plan that lets you grow your money. It can be a great option for both short- and long-term goals. Essentially, the Canadian government’s intended purpose when creating the TFSA, was to encourage savings with the added tax-free incentive. Anyone over 18 with a valid social insurance number can open a TFSA, and make regular contributions. Your money grows, and when you want to withdraw it, you’ll do so tax-free. How does a TFSA work? A TFSA theoretically works like any savings account, in that you set aside any amount of money you want (up to
Continue readingHow To Find And Choose An Investment Advisor
Do you know how or if you’d benefit from using an investment advisor, and how to find one?
Continue readingThe RRSP In Canada: A Complete Strategy Guide
What exactly is an RRSP? How do you know how much to invest, and where? Do you understand what an RRSP is and what it’s used for?
Continue readingHow To Find And Choose A Financial Coach
There are many factors that can influence your finances — from your lifestyle and income to your short- and long-term goals — and a financial coach is well-versed in how to incorporate all of them into a cohesive plan that is tailored to you.
Continue readingHow To Find And Choose A Financial Planner
Do you need a financial planner? That’s a question many people find themselves asking as they reach particular milestones in their lives, along with how to find a financial planner that’s right for you.
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