Personal Finance Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

Jennifer Queen, Realtor with The Queen Team

What to expect when making the jump from renting to home ownership

March 5, 2025 No Comments

Going from renting to owning is a major life upgrade — but now that your name is on an asset, you have to take care of it.

20 dollar bill issued by the Bank of Canad

Big or small, financial experts say it’s important to know your net worth

February 25, 2025 No Comments

To someone who doesn’t have a lot of assets, knowing their net worth might seem pointless, but experts say it’s an important indicator of financial health, no matter how big or small the number.

New year, new budget: A step-by-step guide on how to refresh your finances

January 1, 2025 No Comments

A simple copy and paste of your 2024 budget isn’t enough to help you achieve your goals and maximize your finances for the new year, experts say.

Unwanted gift card in your stocking? Don’t let it go to waste

December 27, 2024 No Comments

Gift cards can be a quick and easy present for those who don’t know what to buy and offer the recipient a chance to pick out something nice for themselves, but sometimes they can still miss the mark.

The GST tax holiday is coming but will the savings actually make a difference?

December 5, 2024 No Comments

While many Canadians highly anticipate the federal government’s upcoming GST holiday, experts say consumers need to make sure they’re saving money on what they need most without falling for the allure of a deal and hurting their bottom line.

Retiring? Here’s how to switch from saving for your golden years to spending

November 22, 2024 No Comments

The last paycheque from a decades-long career arrives next Friday and the nest egg you built during those working years will now turn into a main source of income. It can be a jarring switch from saving for retirement to spending in retirement.

What you need to know before helping your child with a home down payment

October 31, 2024 No Comments

With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.

Boundaries, communication are key for parents running the Bank of Mom and Dad

October 18, 2024 No Comments

In a world of sky-high home prices and rising cost of living, many parents are inclined to financially help their adult children. But experts say parents need to lay out clear guidelines before their children tap the Bank of Mom and Dad to ensure they don’t put their own retirements on the line.

‘Nothing to fall back on’: Money mistakes young people make and how to avoid them

October 16, 2024 No Comments

Mistakes in our youth are normal and forgivable, but financial ones can be nasty to fix.

Robin Taub, a chartered professional accountant

‘Not free money’: What students should know before getting their first credit card

October 1, 2024 No Comments

Everyone starts building their credit score somewhere — and for many, it’s getting that first credit card during college or university.

Personal Finance