MoneyFlex

5 ways young Canadians can prepare financially for what awaits in 2024

2023 was a challenging year with high interest rates, inflation and housing costs. Here’s what’s in store for Gen...

Ask MoneySense

Where should you invest an extra $50,000 in your 60s?

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FPAC

MoneyFlex

How to survive a recession: Six tips for Gen Z and those who haven’t faced one before

Here are some steps young people can take to recession-proof their finances.

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How to prepare for a 2023 recession

Your best defence against a recession is to follow some basic principles: Save up for emergencies, diversify your holdings,...

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How to start an emergency fund

Everybody talks about how important it is to save for emergencies—but where do you start and exactly much money...

Budgeting

What is an emergency fund and how to build one

An emergency fund is a financial safety net designed to cover unexpected but necessary expenses, or bridge the temporary...

Ask a Planner

How a young family can make the best use of an insurance payout

Katie and Tom just received a tax-free, lump-sum insurance payout. They’d like advice on how to prioritize RRSPs, TFSAs,...