Financial Windfall on the way ? Consider this
There are at least a couple of times in the year when a few of us provided with an influx of cash. I am talking about year-end bonuses or tax …
Blogs
Curious about Real Estate Crowdfunding in Canada ?
What is Crowdfunding, exactly ? Crowdfunding refers to pooling in resources to fund a project. You can think of it this way. A group of individuals including investors, donors and …
How much money do I need to retire ?
The amount you need to retire is a function is an input of many variables including but not limited to: The age you wish to retire at Your current age, …
A mortgage pre-approval is not the same as an Approved Mortgage
Is a mortgage pre-approval a guarantee of you getting a mortgage? Short Answer: NO I am going to relate our personal experience for this one as some literature to support …
Quitting Cigarettes = Better Health + Heavier Wallets
My Latte Factor – Cigarettes Inspired by reading the Automatic Millionaire by David Bach, I realized that Smoking was formerly my ‘Latte factor’. The author encourages the readers to breakdown …
Our hypothetical Stock Portfolio consisting of just VTI ETFs
We’ve been invested in the NYSE and TSX since August 2020. We’ve have only recently started to partake investments in Vanguards Total Stock Market Index Fund ETF (Ticker: VTI). I …
Popular Budgeting methods and Getting Started on Budgeting
Why would you want to budget ? Knowing how and where to spend your money is key for financial prosperity. If you’re in debt, budgeting can help you with prioritizing …
Should you open a RRSP account ? An introduction
RRSP Basics? Registered Retirement Savings Plans (RRSPs) are government registered accounts for individuals to build towards their retirement. Contributions within the RRSP accounts help account holders lower their taxable income …
Immigrating to Canada soon ? A quick summary of Personal Finance concepts and to-dos
Congratulations on making this bold decision to immigrate to Canada. As a gen zero immigrant, I get the excitement of moving to a blessed land like Canada. I also recognize …
How to Save Money for your first Canadian home
The pandemic has flipped the real estate market in Canada. The average cost of a single-family home in Canada was upwards of $715,000 Canadian Dollars in October 2021. This is …