Budgeting Archives

A retiree with her adult child's own family at their first home, thanks to the FHSA

How retired parents can use the FHSA to help their adult children

Canada’s new first home savings account nicely complements earlier real estate programs. Retirees with grown adult children should take...

How retired parents can use the FHSA to help their adult children

Ask MoneySense

How to have the most tax-efficient retirement income plan

Should you plan your retirement savings around paying the least amount of taxes? Find out the implications and the...

How to have the most tax-efficient retirement income plan

Links to "The First-Time Home Buyer Incentive" video

Mortgages

Video: Buying your first home? Learn about the First-Time Home Buyer Incentive

What is Canada’s First-Time Home Buyer Incentive program and who qualifies for it? In this short video, we explain...

Video: Buying your first home? Learn about the First-Time Home Buyer Incentive

Certified Financial Planner Nicholas Hui smiles at the camera while crossing his arms with a grey brick wall in the background.

Financial Planning

Nicholas Hui, P.Eng, Certified Financial Planner

Nicholas Hui is an advice-only Certified Financial Planner based in Markham, Ont. Learn more about his story and unique...

Nicholas Hui, P.Eng, Certified Financial Planner

Compound interest calculator: bar graph of money exponentially growing

Investing

Compound interest calculator: How to use one and how interest grows

Watch your money grow—or calculate how much money you will owe in total—with the MoneySense compound interest calculator. Here’s...

Compound interest calculator: How to use one and how interest grows

My MoneySense

Sander Meijers shares the most relatable money regret ever and talks about being a selective investor

Adyen’s Canadian manager tackles the My MoneySense questionnaire, revealing his money hero and the complexity of taking a lump...

Sander Meijers shares the most relatable money regret ever and talks about being a selective investor

A person holds a camera at arm's length and prepares to take a photo of themselves

A Rich Life

Investing Beyond the Numbers: Understanding financial flashpoints

Financial flashpoints are significant emotional events that shape our beliefs and behaviours towards money, ultimately influencing our financial and...

Investing Beyond the Numbers: Understanding financial flashpoints

A woman sits against a grey wall reading a book on international women's day.

Financial literacy

5 great personal finance books by women

Here are five powerful and inspiring personal finance books by women.

5 great personal finance books by women

A man reads documents about his TFSA and other investments at work, as he plans his retirement.

Ask a Planner

A strategy for non-registered and TFSA accounts in retirement

Between a TFSA and non-registered accounts, what is the most tax-effective way to withdraw to fund retirement?

A strategy for non-registered and TFSA accounts in retirement