A reverse mortgage is a unique type of loan that allows you to access funds from your home equity while still living in your home. Aimed at homeowners aged 55 and older, you can borrow up to 55% of the current value of your home. The amount you can borrow depends on certain factors, such as:
The process of switching your mortgage may seem daunting, but with the proper research and preparation, it can be a smooth and beneficial process.
A popular trend that has emerged in online shopping is the "buy now, pay later" model, which allows shoppers to make purchases immediately and split their payments into manageable installments.
Keeping yourself updated on the latest scams is the best way to guard against fraud. The Canadian Anti-Fraud Centre is a great resource to consult for an updated listing of common scams and frauds. Here is a summary of some of the common scams in 2025 that you should be aware of.
As we move along in our lives, achieve our goals, and shift our priorities, it's important to remember to ensure our life insurance still reflects our lifestyle. It's not just about staying organized; it's about making sure the people you care about will be taken care of in the event something unexpected happens. Here are some suggestions of when to revisit a life insurance policy.
March 3, 2025, is the RRSP contribution deadline for the 2024 tax year, but don't worry, there is still plenty of time to plan.
In the world of finance, you may have heard people talk about good debt and bad debt. Many people see all debt as the same, and it can be hard for them to make the right decisions when trying to choose which to pay off first, or when presented with even more credit.
Now is a great time to review your finances and make a few moves to enter 2025 stronger than ever. To help you do it, we've assembled a list of suggestions:
There are plenty of fun things to do during the fall months – many of which are easy on your budget. If you’re looking for things to do that require little to no spending, then you’re in the right place.