…to dig back into your savings to cover regular expenses or rely on credit cards or loans which you’ll have to pay back later. If you haven’t made a monthly…
Here’s what I found on "How+credit+cards+work+and+how+to+use+credit+"
Search results
Saving for a down payment
…accounts can you use to save for a down payment? Summary How does a mortgage work? Unless you’re able to pay for the whole price of the home you want…
The costs of coming to Canada: Money management tips for new Canadians
…for a home, a car loan, or a credit card, you need to show that you’re likely to pay the money back. Businesses look at your credit score – based…
Shedding light on dark patterns
…shown to negatively impact investor welfare. Dark patterns are a type of digital engagement practice that employ user interface choices to coerce, steer, and/or deceive users into making decisions that…
Investing in Mortgage Investment Entities
…a house, strip mall or a piece of land, but the MIE investor doesn’t own a piece of that land or house. These securities are often sold with the promise…
Prepare for the unexpected
…bank accounts, investment accounts, and credit cards with details and contact information. Keep a copy of your latest account statement(s) in your information package. Estate documents Include a copy of…
What happens to your RRIF when you die
…for your RRIF. It’s an important part of estate planning. If your RRIF beneficiary is your spouse What happens to your RRIF depend on whether you name your spouse as…
Financial steps for getting ready for retirement
…There are three commonly used savings plans for retirement funds: 1. Registered Retirement Savings Plan (RRSP) This registered account is typically used for investing but it can also hold savings deposits. An RRSP lets you…
Medical and attendant care expenses
If you’ve paid any medical expenses for yourself, spouse, and dependants the 12-month period of the current tax year, you can claim tax credits on your return. Learn more below…
How to manage money as a couple
…about finding what works best for you. Consider how these three approaches work. Joint accounts approach In this strategy, couples pool their resources into joint accounts and pay for expenses…