Money and gender
TD asks if women in relationships are sufficiently involved in planning for their long-term financial future?
- When it comes to family finances, women are more likely to handle the day-to-day expenses while men are more likely to invest for the future, the 12th annual TD Women Investor Poll has found. For example, only 32% of women in a couple responsible for managing investments compared to 49% of men. Similar imbalances are seen for dealing with financial professionals and planning for retirement. Women are however more involved than men in household budgeting and spending (49% vs. 24%) and paying bills (58% vs.49% ). For more, checkout the bank’s snapshot of the findings.
- Man or woman, we’re all human and most of us are guilty of making an emotional investment decision at least once, a new BMO study has found. Check out our infographic for more details.
- Windsor, Ont. has been named the most affordable housing market in Canada for “aspirational” buyers by Coldwell Banker Real Estate LLC. The firm ranked prices across Canada for a four-bedroom, two-bathroom home and found the border town fared best with a $170,991 average price tag, followed by Rimbey, Alta. and Welland, Ont. The worst place to buy a large home is Vancouver where prices average $1,876,414. Check out MoneySense’s Best deals in real estate photo gallery for more affordable places to buy.
- Canada is the only country of 10 surveyed by human resources firm Mercer where workers would pass on a slight pay increase and instead opt for a week of extra vacation time if given the choice. Read Making Smart Benefit Choices for more interesting facts.