What is life insurance?
You don’t legally have to buy life insurance in Canada, but here’s how it works and why Canadians should...
What is interest?
Interest is the cost you pay for borrowing money—and it’s the money you earn from certain investments. Learn how...
What are GICs?
Why are Canadians investing in GICs right now? Learn about how GICs work in the MoneySense Glossary.
What is an emergency fund?
If you had an unexpected expense or suddenly lost your job, how would you support yourself? See how an...
What is a down payment?
Making a down payment is the first step to securing the purchase of a home. How much do you...
What is diversification?
Canadian investors looking to reduce risk could consider diversifying their portfolios. Learn more about diversification.
Emotional investing: How to make better decisions with your money
The advice “take the emotions out of investing” is impossible to follow. Read about why and what you can...
What is compound interest?
When you invest money or take out a loan, compound interest could have a powerful snowball effect. Learn how...
What is a bank draft?
Bank drafts are used to pay for large purchases like real estate or vehicles. Learn how bank drafts work...