…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…
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Why we prefer to go with the flow instead of changing course
…day work week – The five day work week is a societal norm that we have come to accept. Many organizations stick with a five day work week despite emerging…
Behavioural insights: How to counteract your biases to make better decisions
…are beliefs or shortcuts which cause you to make flawed decisions without you realizing. How can you change your behaviour? Behavioural scientists conduct research and use tools to understand why…
6 money tips for life in retirement
…Plan (CPP) payments, Old Age Security (OAS), or the Guaranteed Income Supplement (GIS). 2. Learn about tax credits Older Canadians may be able to use tax credits to reduce the…
The self-employed and tax
…Home office expenses You can deduct expenses for the business use of a work space in your home if: It is your main place of business, or You use it…
Managing money in a second relationship
…by doing the math with financial calculators. You may want to try these first: RRSP savings calculator RESP savings calculator Pay down debt or invest calculator Pay off credit cards…
What you should know about ESG funds
…portfolio because you see the value of considering ESG factors in your investing decisions. Or you may include ESG funds because you want your investments to match your values. Or…
Putting your financial plan into action
…work less and pursue interests like travel, volunteer work or part-time work. Starting a new business Turning your retirement savings and pension into income Managing taxes Managing your retirement…
Getting a mortgage approved
…paying bills and credit cards, and paying back loans on time. The stability of your work and life situation 3 main risks for lenders Interest rates can rise – People…
Other types of funds
…meet their investment objectives. For example, funds can borrow cash or short-sell securities or use derivative transactions. Use of leverage can increase the riskiness of the investment. Ask your financial…