coins at different stages of life, representing new and old investments

How Often You Should Review Your Investments

As a general rule, it's a good idea to review your investments at least once a year. This will allow you to see how your investments have performed over the past year and make any necessary adjustments to your portfolio. That's true if you don’t actively manage your investments and you’re in the middle of…

ByJohn WilsonDecember 12, 2022

plants growing on money, meaning investing is coming to fruition

Investing Stocks

Why Mutual Funds Are Worse Than ETFs

A mutual fund is a type of investment vehicle that pools money from many investors. It then uses that money to buy a diversified portfolio of stocks, bonds, or other securities. Mutual funds are managed by professional investment managers. These managers use their expertise to select the individual assets that make up the fund's portfolio.…

ByJohn WilsonDecember 11, 2022

bill of sale being produce in a machine in Alberta

Resources

Alberta Bill Of Sale

Buying a used vehicle can be a good tactic to save on costs, namely transport and secure a balanced budget, or just save money. Selling a used vehicle is just part of the lifecycle of owning a vehicle. In cases where you sell the vehicle to an individual in Alberta, you will need to produce…

ByJohn WilsonDecember 10, 2022

email excerpt of the CRT Class Action interac transfer

Banking Personal Finance

CRT Class Action e Transfer (Is It A Scam?)

You may be wondering if an email you recently received about a class action payment is fraudulent or not. Something looking like this: What Does CRT Class Action Mean? A cathode ray tube (CRT) is a type of electrical device that is commonly used in televisions and computer monitors.…

ByJohn WilsonDecember 9, 2022

Budgeting Personal Finance Saving

RRSP Withholding Tax Rates & RRIF Implications

Withholding taxes on RRSPs may come as a surprise to some. Let’s start by covering the basics of what an RRSP is. A Registered Retirement Savings Plan (RRSP) is an investment account to save for retirement. It allows Canadians to earn tax-deferred savings on income and investments, which can help reduce the amount of taxes…

ByJohn WilsonDecember 9, 2022

Credit Cards Personal Finance

The 4 Best Prepaid Credit Cards In Canada

A prepaid credit card is a type of credit card that allows the user to load money onto the card in advance. This means that the card can be used like a normal credit card, but without the need for a line of credit or borrowing from a lender. Instead, the user pays for their…

ByJohn WilsonDecember 8, 2022

Banking Personal Finance

6 Things To Know About Canadian $10 Bills

Table of Contents What Do The Pictures On The Canadian $10 Bill Mean?Viola Desmond Is The Portrait On The Front Of The Canadian $10 Bill The Metallic Shape On The Front And Back Is The Library of Parliament The Map On The Front Is The Historic North-End Of Halifax The Building On The Back Is…

ByJohn WilsonDecember 7, 2022

Economy Financial News Mortgage Personal Finance

This 40 Year Mortgage Extension Can Avoid You Losing Your Home

When you experience significant financial hardship, it can feel like your world is crashing down around you. You may be struggling to pay your bills, keep a roof over your head, or put food on the table. It can be a very stressful and overwhelming time. There are some things that you can do to…

ByJohn WilsonDecember 6, 2022

someone paying with klarna on their iphone

Banking Budgeting Credit Cards Personal Finance

Klarna Canada Review

Klarna is a Swedish company that offers financial services, specifically buy now pay later financing. Klarna is available in 14 countries, including Canada. Buy now pay later is a type of financing that allows consumers to purchase items and take up to 12 months to pay for them, with no interest or fees. There are…

ByJohn WilsonDecember 5, 2022

Banking Personal Finance

8 Things To Know About The Canadian $20 Bill

Table of Contents What Do The Pictures On The Canadian $10 Bill Mean?Viola Desmond Is The Portrait On The Front Of The Canadian $10 Bill The Metallic Shape On The Front And Back Is The Library of Parliament The Map On The Front Is The Historic North-End Of Halifax The Building On The Back Is…

ByJohn WilsonDecember 5, 2022