Simple, evidence-based personal finance for Canadians
LATEST POSTS
An unexpected income loss calls for a practical plan. Learn how to identify replacement income, check benefits and insurance, protect essential payments and calculate how long your available cash can cover the gap.
A higher advertised rate does not always leave you with more money. Learn how to compare savings accounts by interest, fees, access and the protection that applies to your deposits.
Comparing rent with a mortgage payment misses much of the picture. Learn how to compare the complete costs, future equity, invested savings and lifestyle tradeoffs of renting or buying in Canada.
Renewing your mortgage? Compare more than the interest rate. Use a practical checklist and two hypothetical offers to review payments, fees, prepayment flexibility and the cost of switching lenders in Canada.
CPP and OAS can provide important retirement income, but they follow different rules. Learn how benefits, start dates, taxes and the OAS recovery tax work.
Estimate how much money you need to retire in Canada using your spending, CPP, OAS, pensions, taxes and a realistic withdrawal range.
Learn how to calculate adjusted cost base in Canada for stocks and ETFs, including commissions, reinvested distributions and return of capital.
Learn how to report interest, dividends, capital gains, foreign income and investment expenses on your Canadian tax return.
RANDOM POSTS
Comparing rent with a mortgage payment misses much of the picture. Learn how to compare the complete costs, future equity, invested savings and lifestyle tradeoffs of renting or buying in Canada.
Investing for beginners in Canada: learn how to set goals, choose an account, build a diversified portfolio and stay invested.
Learn how to calculate adjusted cost base in Canada for stocks and ETFs, including commissions, reinvested distributions and return of capital.