Archive for the ‘Investing|Personal Finance’ Category

RRSP or TFSA? Go For TFSA When You Can’t Decide

Saturday, February 18th, 2017 Posted in Investing|Personal Finance | No Comments »

TFSA: You Can't Go Wrong This time of the year, when the RRSP deadline is fast approaching, it's hard not to notice an article about TFSA or RRSP in Canadian newspapers or magazines. However, if you get confused after ...

FinTech EQ Bank High Interest Savings Account Worth Taking A Look

Sunday, January 15th, 2017 Posted in Investing|Personal Finance | No Comments »

FinTech Financial Institutions Are Shaking Big Banks FinTech financial institutions use technology to offer financial services that keep costs lower and it’s no wonder Internet-only operators like EQ Bank can offer to pay high interest rates on its savings account. The EQ ...

Can A Minor Open An RRSP?

Sunday, September 25th, 2016 Posted in Investing|Personal Finance | No Comments »

            Contrary to popular belief, there is no age restriction to open an RRSP (Registered Retirement Savings Plan). Here are the requirements to open an RRSP for minors: - A SIN (Social Insurance Number) - Legitimate earned income - Recorded income with proper documents - Filed ...

How Long It Takes to Double Your Money

Thursday, September 8th, 2016 Posted in Investing|Personal Finance | No Comments »

            The Rule of 72 Have you ever wondered how long it takes to double your money? There is a simple formula to calculate how many years you will need to double your money. The simple formula is called The Rule of 72. ...

What Is OSAP (Ontario Student Assistance Program)?

Wednesday, June 22nd, 2016 Posted in Investing|Personal Finance | No Comments »

            The Ontario Student Assistance Program To streamline and minimize blog maintenance, I will be discontinuing maintaining the Canadapersonalfinancewebsite.comwebsite (however, I will still hold the domain). I will gradually move all articles from this site to A Dawn Journal. This articleoriginally published ...

What Is Employment Insurance (EI)?

Thursday, March 31st, 2016 Posted in Investing|Personal Finance | No Comments »

            Employment Insurance To streamline and minimize blog maintenance, I will be discontinuing maintaining the Canadapersonalfinancewebsite.com website (however, I will still hold the domain). I will ...

Canada Savings Bond

Tuesday, March 15th, 2016 Posted in Investing|Personal Finance | No Comments »

              The Amazing Canada Savings Bond And You To streamline and minimize blog maintenance, I will be discontinuing maintaining the Canadapersonalfinancewebsite.com website (however, I ...

What to Do When Your Income Decreases

Saturday, December 19th, 2015 Posted in Investing|Personal Finance | No Comments »

            Facing A Reduction of Income or Wage Cut To streamline and minimize blog maintenance, I will be discontinuing maintaining the Canadapersonalfinancewebsite.com website (however, I will ...

Are We Returning To Good Old Paper Money?

Thursday, October 1st, 2015 Posted in Investing|Personal Finance | No Comments »

            Cash Isn't Dead The past few years have seen a major change in the way we do things financially. More and more, we are seeing ...

How To Give Your Children The Best Start In Life Financially

Sunday, August 16th, 2015 Posted in Investing|Personal Finance | No Comments »

          Teach Your Kids Good Money Habits As the old saying goes "Give a man a fish and you feed him for a day. Teach a man to ...
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