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posted Friday, May 5, 2023
Twenty percent of homeowners face a mortgage renewal this year. With interest rates at their highest level in decades, many Canadians are concerned about their monthly payments. If your mortgage is renewing this year, here are some tips for your upcoming renewal. What is a Mortgage Renewal? In Canada, a mortgage is composed of several […]
posted Thursday, April 6, 2023
Are you struggling with credit and unsure how to improve your credit score? You’re not alone. The truth is that many Canadians aren’t sure how credit works and how agencies calculate your creditworthiness. This article will show you three simple hacks to improve your credit score. You can read a deep dive into this topic […]
posted Sunday, February 26, 2023
Over the past twelve months, many Canadians have begun struggling with their finances. Credit card balances and delinquencies are starting to increase. If you’re struggling with debt and aren’t sure where to turn, this article will discuss some strategies to get out of debt faster. Before you take any action, I recommend consulting a professional […]
posted Saturday, January 14, 2023
Have you ever thought “Credit card debt is killing me”? Canadians currently struggle with record amounts of indebtedness, with $2,121 of outstanding credit card balances for each Canadian. With the average interest rate of 19.99%, making the smallest payment on this amount would take over 17 years to pay off and cost $3,765 in interest! […]
posted Monday, December 12, 2022
If you’re like most Canadians, you only think about your mortgage renewal once every five years. This usually happens when the bank sends you that renewal notice in the mail to let you know that rates have gone up, down or sideways. But, what if you’ve been doing it all wrong? Did you know there […]
posted Tuesday, November 8, 2022
Life insurance in Canada is a challenging subject to discuss for most Canadians. Many are uncomfortable with the idea of their mortality. We carry insurance to cover many of the things we hold dear, but often leave the dearest of all unprotected. This article will cover life insurance in Canada, who should buy it, and […]
posted Friday, September 30, 2022
Did you know that only 51% of Canadians have a budget? With housing affordability at historic lows, caring for your personal finances is more crucial than ever. This article discusses why you need a budget and why personal finance is important to buying a home in Canada. What is the Importance of Personal Finance? Half […]
posted Monday, September 5, 2022
Are you struggling with your personal finances and aren’t sure where to start? One of the first personal finance tips that I discuss with my clients is how to improve your credit. So one of the first questions we have to answer is what is credit and why is it so important? What is a […]
posted Friday, August 12, 2022
Do concerns about the economy have you wondering how to recession-proof your finances? You’re not alone. It seems like every day there is talk of interest rate hikes and financial catastrophe. With all of the negativity in the news these days, many Canadians are wondering what to do with their money in a recession. This […]
posted Wednesday, July 6, 2022
Over the past six months, one of the most frequent questions that I’ve faced from Canadians is whether fixed or variable mortgage rates are best. As with any mortgage, there is no single answer to this question. In this article, I break down the factors that you want to consider when choosing an interest rate. […]
