It’s common for people to have a tough time implementing and sticking to a budget. In this blog, we share some of the most prevalent budget “fails” and helpful tips to help you achieve your budget goals.
The key to creating a sustainable budget is balance and flexibility. In this blog, learn about what defines a need and a want, and how to use the 50-30-20 rule to create a budget that will work for you.
Many Canadians rely on credit cards for emergency funds. Is this a good idea? Doug Hoyes explores whether credit cards are OK to use in an emergency and whether to pay off credit card debt or create a rainy day fund.
Owning and operating a car can be a financial drain on your budget often leading to extra debt. We talk with Scott Marshall, car expert, about 8 ways to make car ownership affordable and how to save on vehicle expenses.
Do you have a financial plan in case any unexpected life events occur? Doug Hoyes discusses your financial risk, how to reduce potential financial trauma and how you can eliminate any financial weaknesses.
If you are out of work or laid-off and need to upgrade your skills to improve your employment potential, how can you do this without incurring more debt? The Ontario government has a Second Career... Read more »
The use of computer technology to manage money continues to explode across the financial services industry. Enter the robo-planner. The question is can an online computer platform help answer common financial questions like should you... Read more »
Current regulations allow financial advisors to sell products like mutual funds and give the appearance that they are giving you financial advice that fits your situation. The problem is embedded advisors, like those at your... Read more »
Money management is hard. That’s why so many people don’t do it. Over the years at many credit counselling sessions with clients I’ve explained budgeting, and spreadsheets, and budgeting apps, and lots of other techniques... Read more »
What is an emergency fund? An emergency fund is money that is available to meet unexpected expenses. You may be managing your current budget, but life tends to throw curveballs. Emergencies like a job loss... Read more »