…for people who do seasonal work, are self-employed, or who work in the gig economy. Others may have a combination of predictable and fluctuating incomes. This might involve working a…
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Why does risk matter in investing?
…the credit rating of the bond. For example, bonds with a credit rating of AAA indicates the lowest possible credit risk. Reinvestment risk –This is the risk of loss from…
Using trusts in estate planning
…depend on the intended use and your personal situation. 1. You have children from a previous marriage If you remarry, a trust can provide support for your spouse during their…
Types of investments
There are many types of investments. If you are considering investing in stocks, bonds or any other investment products, you’ll want to understand how they work. On this page you’ll…
Creating a plan to reach your goals
…tools to help you explore your options Pay off credit cards and debt calculator Pay down debt or invest calculator RRSP savings calculator Take action Use this calculator to figure…
How to manage financial stress and avoid burnout
…decisions about money to cope with stress, you might be putting your long-term financial health at risk. Financial stress can also cause burnout. If you’re having trouble sleeping because of…
“Back to school” for investors
…unfamiliar terms are used. Keep a list of unbiased and independent financial resources to help you along the way. Bookmark these websites GetSmarterAboutMoney.ca has hundreds of articles, tools and calculators…
What is DIY investing and how does it work?
…DIY approach. Others may use a mix of DIY investing tactics and also use a financial advisor to manage some parts of their portfolio. DIY investing is not limited to…
How and why to insure your home
…snowblowers, tractors and farm equipment jewelry, silverware, artwork or furs collector’s items like baseball cards, comics, manuscripts or stamps guns and ammunition If you’re not sure how much your belongings…
Parents and tax
…Credit. Learn more by reading below. On this page you’ll find Canada Child Benefit (CCB) Child care expenses deduction Adoption Expense Tax Credit Saving for your child’s education in an…