It’s no secret that post-secondary education is expensive. So where do you start when it comes to putting money away for university or college? Brook Dyson, a Financial Advisor with Edward Jones, joined me to talk about RESP’s – dedicated savings plans that can help you put money away to pay for your kids’ educations.
When Should You Start Planning for Retirement?
When is it time to start saving for your retirement? The best answer is yesterday… the second-best answer is today. Brook Dyson, a Certified Financial Planner with Edward Jones, sat down with me to talk about what planning for retirement looks like and, and how you can make saving money fit in with the different […]
TFSA’s vs RRSP’s
What are they and which one is right for you? I sat down with Brook Dyson, a Financial Advisor from Edward Jones, to talk about TFSA’s and RRSP’s. When it comes to saving money, we throw around these acronyms a lot, but what do they mean? What are the benefits for each account, and most […]
Talking to your Kids about Saving Money
Whether it’s teens after they’ve just got their first job, or your post-secondary graduate going out into the workforce for the first time, what are the fundamental tips and tools we can give our kids to set them up for success early when it comes to saving money? Thank you to Brook Dyson from Edward […]
Is a Reverse Mortgage a Good Idea?
There are a lot of myths surrounding reverse mortgages. We often hear clients worried that they’re losing all of the equity in their home or that the bank will own their home, but none of this is true. Reverse mortgages can actually relieve a lot of stress and worry when it comes to money, especially […]
5 Credit Score Myths Busted
When applying for a mortgage, whether you’re purchasing a new property or refinancing an existing one, one of the first steps we’re going to do is pull your credit report to submit with your application. Your credit score can affect your ability to qualify for a loan and it also dictates what interest rate you […]
Is it time for a Kitchen Renovation?
The kitchen is the heart of the home. And last month when we asked our VIP club what room in their house they wanted to renovate the most, almost everybody said the kitchen! If you feel it’s time to give the most important room in your house an upgrade – whether it’s a quick coat […]
Everything You Need To Know About Real Estate Deposits
When buying a home, we tend to focus a lot on the down payment that’s due at the time of closing, but did you know that you also have to submit a deposit to the seller within 24 to 48 hours of your offer being accepted in order to solidify the contract? If you don’t […]
Talking to Your Kids About Money: Budgeting
Do you have kids going off to post-secondary this Fall? Or do you have a kid moving away from home for the first time? Have you talked to them about budgeting yet? They might feel like they’ve saved up a nest egg and they’re ready to head off into the real world, but it’s important […]
Land Transfer Tax
Land transfer taxes are one of the closing costs you must budget for when purchasing a property. They are provincial or municipal taxes that must be paid in full prior to closing on a property. Anyone who purchases a property in Canada must pay a land transfer tax to the province you have purchased in, […]