Author: Adam Stapley

"Credit card debt is killing me" a hand raised from a dark image of the sea

Credit Card Debt is Killing Me: Strategies for Getting out of Debt

posted Saturday, January 14, 2023

by: in Durham Region's Financial Expert

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! […]

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Two women standing at a table reviewing a mortgage renewal

How an Early Mortgage Renewal Can Save You Money

posted Monday, December 12, 2022

by: in Durham Region's Financial Expert

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 […]

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How Life insurance can protect your personal finances: Young couple standing in a field holding their baby

Why a Life Insurance Policy can Protect Personal Finance

posted Tuesday, November 8, 2022

by: in Durham Region's Financial Expert

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 […]

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Hand holding an iPhone with the calculator app open and a folder of documents on the table: Planning your personal finances is a crucial first step towards buying a home

Why Personal Finance is Important to Buying a Home

posted Friday, September 30, 2022

by: in Durham Region's Financial Expert

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 […]

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A person's hand holding four credit cards spread out in a fan

Personal Finance Tips to Improve Your Credit

posted Monday, September 5, 2022

by: in Durham Region's Financial Expert

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 […]

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How to Recession Proof Your Finances

posted Friday, August 12, 2022

by: in Durham Region's Financial Expert

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 […]

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Fixed rate vs variable rate: Laptop and notebook on desk with a pair of reading glasses

Fixed Rate vs Variable Rate: Which Rate is Best for Mortgages?

posted Wednesday, July 6, 2022

by: in Durham Region's Financial Expert

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. […]

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Rising Inflation, Interest Rates and War, Oh My!

posted Tuesday, April 19, 2022

by: in Durham Region's Financial Expert

Reading the news can bring a sense of dread with rising inflation, interest rates and war headlining 2022. Sometimes it can feel overwhelming trying to read through the headlines to discern how current events can impact your finances. To bring some perspective – and to let you know that no, the world is not ending,  […]

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Person pulling empty pocket out of jeans

2 Ways to Get Out of Debt Faster

posted Friday, January 14, 2022

by: in Durham Region's Financial Expert

Now that the holiday season is over, many of us are waking up to the same holiday hangover. January is the month when those credit card bills start rolling in and we see how much debt we’ve racked up over the festive season. But 2022 is a brand new year and this is the year […]

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The Letter dices RRSP next to a white ceramic piggybank and a wooden hourglass. A fifty dollar banknote is inserted into the piggybank's slot.

Why You Need to Start an RRSP Plan

posted Tuesday, December 7, 2021

by: in Durham Region's Financial Expert

Why You Need to Start an RRSP Plan If you want to retire and enjoy financial freedom, you need to start an RRSP plan today. If you’re like most Canadians, you might not know what an RRSP, or Registered Retirement Savings Plan, is or why you should be using one. This article guides you through […]

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