
Personal Finance


Unwanted gift card in your stocking? Don’t let it go to waste
Gift cards can be a quick and easy present for those who don’t know what to buy and offer the recipient a chance to pick out something nice for themselves, but sometimes they can still miss the mark.

The GST tax holiday is coming but will the savings actually make a difference?
While many Canadians highly anticipate the federal government’s upcoming GST holiday, experts say consumers need to make sure they’re saving money on what they need most without falling for the allure of a deal and hurting their bottom line.

Retiring? Here’s how to switch from saving for your golden years to spending
The last paycheque from a decades-long career arrives next Friday and the nest egg you built during those working years will now turn into a main source of income. It can be a jarring switch from saving for retirement to spending in retirement.

What you need to know before helping your child with a home down payment
With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.

Boundaries, communication are key for parents running the Bank of Mom and Dad
In a world of sky-high home prices and rising cost of living, many parents are inclined to financially help their adult children. But experts say parents need to lay out clear guidelines before their children tap the Bank of Mom and Dad to ensure they don’t put their own retirements on the line.

‘Nothing to fall back on’: Money mistakes young people make and how to avoid them
Mistakes in our youth are normal and forgivable, but financial ones can be nasty to fix.

‘Not free money’: What students should know before getting their first credit card
Everyone starts building their credit score somewhere — and for many, it’s getting that first credit card during college or university.

ETFs are wildly popular. How much of your portfolio should be in them?
Exchange-traded funds have become wildly popular among investors, particularly young people who use do-it-yourself investing platforms that can auto-invest client money in ETFs.

Limited cash to invest? Build positions in high-flying stocks with fractional trading
When a high-flying stock seems out of reach for investors with limited cash, fractional trading can help fulfill that dream of owning a piece of the company — one small portion at a time.