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Budgeting

Doretta Thompson is smiling in front of her painting

My MoneySense

The smart way to pay for “experiences” and other money tips

Doretta Thompson loves travel and is not a fan of debt. Here’s how she finds balance between treating herself,...

The smart way to pay for “experiences” and other money tips
An adult man, acting as power of attorney, hugs his senior mom. He's wondering about gifting her assets while she's in a home.

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Gifting a parent’s assets using a power of attorney

As power of attorney, does it make sense to divide up a parent’s assets before their death?

Gifting a parent’s assets using a power of attorney

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The exterior view of a bungalow that will serve as the buyer's vacation home

Real Estate

Can I afford to buy a second home?

A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...

Can I afford to buy a second home?
A woman is sitting at her desk, using her calculator to figure out her debt-to-income ratio.

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How to calculate your debt-to-income ratio—and why you should know this number

How to calculate your debt-to-income ratio—and why you should know this number

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Thumbnail reads: MoneySense—How to close a bank account

Videos

Video: How to close a bank account

Opening a bank account is pretty easy... and closing one should be, too. Here are the steps to take.

Video: How to close a bank account
A man, sitting at home on his couch, is scrolling through his iPad calendar, to choose a date to retire.

Ask a Planner

What time of year should you retire?

When’s the best time to retire? The timing is not always up to you, but if you can choose,...

What time of year should you retire?
Renée Sylvestre-Williams smiles in a headshot of her taken on a beautiful fall day near some trees.

My MoneySense

The piece of advice journalist Renée Sylvestre-Williams wished she had in her 20s and more

The personal finance writer is an open book on her money values, as she launches her own book, Money...

The piece of advice journalist Renée Sylvestre-Williams wished she had in her 20s and more
A man in the age of retirement wears a tie to symbolize that he's still working, he has an inquisitive look on his face, wondering if he should keep working and delay CPP and OAS.

Retired Money

Delaying CPP and OAS to age 70: Is it worth the wait?

The longer you wait to use CPP and OAS, the more you could earn monthly. But with the recent...

Delaying CPP and OAS to age 70: Is it worth the wait?

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A woman sits at her computer, holding a credit card, contemplating using a line of credit to pay off her credit card debt

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Does it make sense to use a line of credit to pay off credit card debt?

Does it make sense to use a line of credit to pay off credit card debt?

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