If you own bonds you already know that when it comes due (matures) you are supposed to get your money back. The question is, how does that happen? You might think this is a straight forward process – and it can be. But it depends on how you hold the bonds. That’s because there are […]
A portion of this article was originally written in June 2009, but relevant today due to the removal of the income splitting Family Tax Cut which allowed a family to notionally transfer up to $50,000 from the higher income spouse to the lower when filing taxes. While many will take a hit from elimination of this tax benefit […]
This is a sponsored post written by me on behalf of BMO. I was a little hesitant at first when BMO contacted me to review one of their product features. The reason is that most retail bank account usually involves high fees. However, after reading more about BMO PlanShare, I started to see the possibilities for […]
When the talk turns to investing, many people shut down. “I can’t invest, I don’t have enough money,” is a common refrain. The good news is that you don’t need a large chunk of capital to start investing. Thanks to today’s resources, it’s possible to start investing when you have as little as $25. There […]
This is a sponsored post that contains affiliate links. Many of us get so caught up in the now that we forget about the importance of preparing for the future. Unfortunately, according to a survey from John Hancock, many of us don’t feel ready for their financial futures. Only a little more than half (53%) […]
After a multi-year hiatus, Mr. Cheap has returned to blogging at http://moneytimeblog.com. Posting on topics from investing to careers to arguing with Mike to frugal living such as this post. Network television and cable TV generally strikes me as one …
Canadians are known to be generous when it comes to charity, 84% gave last year according to a recent BMO poll. Giving means you are helping a worthy cause and you can receive a tax receipt for your donation for tax savings. Though recent studies show Canadians don’t donate to charities to benefit from the […]
I’m not much of a penny pincher. When it comes to the grand scheme of things, I’m more interested in enjoying myself, and getting the best bang for my buck than in getting something as cheaply as possible. But that doesn’t mean I don’t go for value — and it doesn’t mean that I won’t […]
The post How I Used Credit Cards and Loyalty Rewards to Save More than 50% on My Last Vacation appeared first on Financial Highway.
We’re always told that money should be something that is regarded without emotion. When we make decisions about money, we are supposed to be rational so that we don’t make poor choices. Unfortunately, money stirs strong emotions in us. It’s very difficult to leave emotion out of it entirely. This seems even more apparent when […]
The post 5 Tips for Discussing Money with Your Life Partner appeared first on Financial Highway.
Most of us have made mistakes with our money. But what happens when you make a big, credit-destroying mistake? And it doesn’t even have to be a massive mistake like those that result in foreclosure or bankruptcy. Simply overlooking a utility bill when you move, or canceling a gym membership improperly, can result in a […]
The post 5 Tips for Improving Your Credit After Making a Big Mistake appeared first on Financial Highway.