Financial Advice


#adulting with Finances

#adulting with Finances

I'm 27, moving to Costa Rica, and have no idea what to do with my finances. Monay-monay-monaaay… we all want it. That power, that freedom, that energy. I like to call it “abundance,” but regardless of what cute name you...
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Why Millennials May Face a Rude Awakening in Their Golden Years

Apparently some of us may have our heads in the clouds. A recent study from ING DIRECT revealed that the majority (64 per cent) of working millennials aged 18-34 are contributing regularly to their retirement savings, but 69 per cent do not max out their annual retirement contribution savings regularly and 61 per cent reported having no idea of the costs needed for retirement
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Notable Financial Advice for Professional Athletes

Mike Tyson, world famous boxing champion, earned more than $300 million. Allen Iverson, NBA star, made over $200 million between salary and endorsements. Chicago Bulls legend Scottie Pippen’s career salary totalled $120 million. What do all of these athletes have in common? They all went broke. Yes, you read that right
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Four Liberating Words: I Can't Afford That

What are your vices? That’s the question that kicked off the panel discussion at Credit Education Week’s Money Talks luncheon on November 13th. As we learned, nearly all Canadians admit to impulse spending, and nearly all admit to having a particular spending vice. The solution? Four simple words
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Why do Canadians Wait Until the 11th Hour to Contribute to RRSPs?

Young or old, there appears to be a growing trend among Canadians: despite having an entire year to contribute to RRSPs, the majority of us wait until the last minute to do so. Why are Canadians waiting until the 11th hour to contribute when it surely only makes their lives more difficult, resulting in a potential scramble for a lump sum?
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Making Bank: The 5 Best Ways to Accumulate Wealth

We young professionals do like to spend money and reward ourselves for all of our pavement pounding with things like dinners out, vacations and shopping trips. We get it. However, saving money, as daunting as it seems, is easier than you think. Here are five actionable things that every YP can do
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