Your Money

Kids these days. It can be impossible to know what to get them for birthdays or other celebrations when they seem to have, well, everything. In today’s world, it’s not surprising that many grandparents opt for cash gifts. But the best way for grandparents to give money to their grandchildren in Canada may not be giving them money to spend right away.

Scams are becoming 'smarter' thanks to new technologies like AI. With that in mind, Canadians need to be more alert than ever when it comes to who they share their personal data and financial information with.

If the idea of withdrawing money from your life insurance policy while you’re still alive sounds strange to you, you’re not alone. But the reality is, whole life insurance can act like a savings or investment tool, or even an emergency fund.

If you are covered under participating whole life insurance, or if you’ve ever done any research about the financial benefits of this type of policy, you would have likely come across the term “dividend” a few times. And, like many Canadians, you may have found yourself scratching your head at this term...

Consider some last-minute RRSP contributions – just in time for tax season. Why? Because investing in an RRSP is one of the simplest ways to get the most out of your tax return.

For many Canadians, the idea of using a whole life insurance policy as a long-term investment is an alien concept. But in reality, it’s an incredibly efficient way to save and grow your money – and that’s in addition to its primary purpose: ensuring your loved ones are taken care of financially after you’re gone.

While most parents try their best to help their teens and twenty-somethings achieve financial independence, many of us forget that we can teach our children financial literacy while they’re still very young. For Financial Literacy Month, why not try one of these ideas with your kids?

For many millennials and Gen Zs in Canada, the term "estate planning" is about as familiar in their everyday lives as Rolodexes and dial-up internet. Lucky for them, digital wills are changing the game and really simplifying what is a necessary process for all ages.

If you’re a parent aiming to spend less on back-to-school shopping this year, you can turn a potentially stressful experience into a positive one… with a little bit of creativity and some planning. Read on for nine creative ways to save money on school supplies.

When it comes to figuring out your finances, it doesn’t necessarily matter if you’ve been an A student your whole life – it’s not like they teach Budgeting 101 at high school! But if you use even some of these hacks, you can feel confident you won’t go into credit card debt before the end of the year is up.