by Marie Engen | Sep 19, 2017 | Saving Money
Buying used items can be one of the biggest ways to save money. A report by Kijiji states that the average Canadian family of four saves about $1,150 each year buying second-hand items. If you want to try your hand at golf, or need a bicycle, exercise equipment, or a...
by Marie Engen | Sep 14, 2017 | Retirement
Retirement planning advice for singles is similar to that for couples – track your expenses, clear up debt, automate your savings, and keep investment costs low. However, being single, whether by choice, or as a result of being widowed or divorced, presents some...
by Marie Engen | Sep 12, 2017 | Retirement
When I worked in banking, on December 31 we usually closed the branch at 3 pm so us bankers could get a head start on our New Year’s Eve partying. One year, at about 2:55 pm, a fellow sat down in my office and told me he needed to convert his RRSP to a RRIF. He had...
by Marie Engen | Sep 5, 2017 | Investing
An investment is an asset or item that is purchased with the hope it will generate income or will appreciate to create future wealth. There are lots of types of investments – from stocks and bonds, antiques, art and collectibles, and real estate. All investments have...
by Marie Engen | Aug 29, 2017 | Personal Finance
Children start saving money at an early age. Eventually they will need an alternative to their piggy bank to stash their cash. One of the best ways to teach children basic money skills is to have them open a bank account. Once upon a time, youngsters would leave the...
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