We chatted with Damona about one of the most impactful relationships in your lifetime: the one you have with your finances. Here’s what she had to say. Who are your money heroes? The first...
Pensions are in good shape Need some good news? Rare these days, I know. Despite a multitude of factors—including historically high levels of inflation, recession fears and year-to-date asset losses—the funded positions of most...
When it comes to selecting the best credit card rewards program for you and your lifestyle, there are two major considerations to take into account: Reward options One of the first things to look...
Let’s break this down for a shorter period. If you return to the office for, say, three days a week, and your commute is 50 minutes each way, you would spend five hours a...
Once transferred, should you change investments? I’m not sure how you’re invested, so I can’t say that I can offer you a suggestion. If you have a general, broad-based, Canadian, U.S. or international fund,...
Despite all the personal finance information I consumed—and still do—I fell into the rat-race trap. I felt frustrated and stuck. I realized it was time to dive deeper into my relationship with money to...
I have two options: to selI and rent a one-bedroom apartment, probably starting at $2,000 a month, or staying in my home and getting a reverse mortgage. Do you recommend reverse mortgages in spite...
Again, look to those all-weather portfolio models. If you are a retiree or near-retiree, be prepared for anything. If you are in the accumulation stage, you are being offered lower prices. Add new monies...
If just reading this has you feeling overwhelmed by the prospect of tackling your finances, know that you’re not alone. Financial anxiety is common: According to the 2022 TD Wealth Survey, money is a...
What happens when the Bank of Canada raises or lowers interest rates? If the economy is struggling to grow or experiencing a shock, as it did during the COVID-19 pandemic, the Bank can slash...