How to Maximize Your Earnings as a Young Professional

June 12, 2017 Ratehub 0

As a young professional, you have many competing priorities and lead a relatively busy life. Between working hard to get ahead, unwinding over the weekend and various social and networking events, it seems like you never have enough time in the day. With this reality, how can you maximize your earnings without having to take on a part time job […]

How to Supercharge Your Income

May 8, 2017 Ratehub 0

By If your budget is feeling tight, you might be looking for ways to increase your income quickly. Below are a few ways to put extra money in your pocket by capitalizing on your talents and smarts without putting in any overtime at your job. Start a side hustle. Practically a rite of passage for millennials, a side hustle […]

CRA Direct Deposit: Simplifying Your Tax Returns

April 10, 2017 Jelani Smith 0

Over the past few years, the Canadian Federal government have been encouraging taxpayers to receive government related payments through direct deposits. Government related payments includes tax refunds and GST/HST credits from the Canada Revenue Agency (CRA). Approximately 80% of government related payments are issued by direct deposits. If you haven’t opted to receive your government payments through direct deposit, I […]

15 Ways to Save for a House Downpayment

April 5, 2017 Jelani Smith 0

Heated real estate markets are showing no signs of cooling down – with growing demand, derived from strong job markets, immigration, all time low interest rates, and low supply. In some regions, such as Toronto and Vancouver, house prices have been facing double digit, year over year growth. Despite the circumstances, 82% of non-homeowner Canadian millennials have the intention of […]

The 5 Important RRSP Rules

January 1, 2017 Jelani Smith 0

  January to the end of February is known as the ‘RRSP’ season. There is always a huge rush to make RRSP (Registered Retirement Savings Plan) contributions, especially on the last day. In 2013 alone, Canadians contributed 37.4 billion to their RRSP, according to Statistics Canada (CBC). Regardless of what time of the year it is, you should always keep […]

4 Steps to Raising Money-Savvy Kids

November 14, 2016 Maricor Bunal 0

Do you have kids? How much do they know about basic financial education? Teaching your children about budgeting, saving and spending is actually one of the best things you can do for them. Guiding them through the ins and outs of a money-savvy lifestyle will set them up for future success. Fortunately, because children are naturally curious, teaching them the […]

5 Things About Personal Finance You Should Know

November 5, 2016 Jelani Smith 0

Personal Finance is a topic that every millennial should know. It’s more than just creating a budget – it has a huge influence on your lifestyle. Not knowing the basics can lead to undesirable consequences, such as accumulated debt at high interest rates, and low savings account balances. Below are the 5 important things about Personal Finance you should know. […]

7 Ways to Save Money on Clothes Shopping

September 5, 2016 Jelani Smith 0

Shopping for clothes is always fun – checking out new fashion trends, trying on clothes, and so on. Clothes shopping is one of the biggest weakest link for many millennials. It’s relatively easy to buy clothes on pulse, especially when there’s a sale. Millennials are more frequent shoppers. Around 58% of millennials love to shop, compared to 40% of adults […]

Use This Strategy to Save One Million Dollars in 20 Years

August 23, 2016 Jelani Smith 2

The millennial generation is going through a unique situation in terms of personal finances – all time low interest rates and rising student debt. In some cities, such as Toronto and Vancouver, Real Estate prices (renting and owning) are at all time highs.  Despite the personal finance obstacles for millennials, it’s still possible to save one million dollars in 20 […]