Identity theft is when someone uses your personal information to commit fraud. Find out how to spot it and how to protect yourself to avoid identity theft. On this page…
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How inflation affects your investments
…companies’ sales and reduce profits. This could cause some companies to reduce the dividends they pay to shareholders. Or, if certain industries are hit harder by inflation and struggle to…
How to help your adult children build financial independence
…way. For example, sharing chores, financial contributions, or sharing common spaces. This ensures everyone has clarity around how they’ll contribute, and can prevent feelings of resentment. Have open and honest,…
How market indexes can help you build your strategy
…equities market. This index contains stocks of 500 large companies with common shares listed on the New York Stock Exchange or the NASDAQ Stock Market. S&P/TSX Composite Index – The Canadian equities market. This index contains stocks…
Behavioural insights: How to counteract your biases to make better decisions
…to protect the environment might nudge you to dispose of your garbage instead of littering. Nudges and your financial behaviour Nudges have been instrumental in shaping policies around the world….
What are the red flags of crypto fraud?
…assets or platforms. Celebrity faces: Just because you see a celebrity’s photo on promotional materials, it does not mean the famous face is knowledgeable or actually endorses the company. Unsolicited…
Buying your first home
…pre-approval can be extended. Ask your mortgage professional about anything you don’t understand. Each lender sets their own guidelines and policies, so it’s important to make sure you understand the…
Planning for long-term care
…apply for long-term facility care. These facilities (also called nursing homes, municipal homes for the aged or charitable homes) are operated by the provincial government. While the province pays for…
How to manage a windfall
…the windfall money to top up — or start — an emergency fund. This can help you be prepared for life’s unexpected events. A common rule of thumb is to…
How to avoid holiday debt
…websites have last-minute sections that offer huge discounts on travel packages. You must be flexible on your dates, though, and there’s a chance no travel packages will be available. Your…