Single women solely responsible for covering their own expenses could face more precarious financial conditions than those in a dual-income home.
It’s been well documented that a massive wealth transfer is taking place globally, with an estimated $1 trillion in Canada alone moving to the next generation. If you’re expecting (or recently received) a sizeable inheritance, deciding what to do with it can be overwhelming.
The cost of post-secondary education is on the rise. In the last decade (from 2013/14 to 2023/24), the average annual tuition fees for undergraduate degree programs in Canada rose approximately 23%, from an average of $5,767 to $7,076.
Back-to-school shopping isn’t just about shopping for school supplies; it’s also the perfect time to plan for your child’s future. As parents, we’re constantly looking for ways to secure a bright future for our children. Alongside academic success, fostering financial literacy is important for preparing them for the journey ahead.
Did you know approximately 17.8 million Canadians received a tax refund? If you’ve filed your taxes for this year and know that you’ll be getting a refund, you might be wondering what to do with your refund.
RRSPs, TFSAs and RESPs are all great savings tools to help you plan for the future. We can help you figure out which one is best for you.