Tag: financial planning

Financial planning 101: Mortgages (*2 Min Read)

Amortization Amortization simply involves paying off debt with equal payments at equal intervals over time. An example of this is a fixed rate mortgage – your monthly payment remains the same throughout the entire life of your loan. Even though your monthly payments might…

10 Things You Didn’t Know About Life Insurance (*2 Min Read)

Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media?  Not to worry: we’ve got the low-down on what…

Tax-Free Savings Account (TFSA)

Pay now, party later TFSA is short for Tax-Free Saving Account. The name is slightly misleading because a TFSA is really an investment account that can hold all the same types of investments as an RRSP. Why you should have one With a TFSA,…

Financial Planning 101: Smart tips for Small Business Owners

If you own a business, you know about risk and opportunity. Compared to many people, you’re willing to take more personal and financial risk in order to gain more personal and financial opportunity. It’s a trade-off that can be highly rewarding.