The S&P 500 Index Demystified: A Beginner’s Guide The most widely touted advice among financial influencers on the internet is to “just invest in the S&P 500.” But what exactly is the S&P 500 Index, and how do you buy it? To answer these questions, I need to take you back to basics. If you […]
FHSA Canada: Understanding the newest tool for homeownership The FHSA in Canada is a new account for aspiring homeowners. Is it the answer to fixing housing affordability in Canada? Well, no, in fact, it does nothing to address the affordability gap in housing , but it does provide a little extra savings bump that can help Canadians […]
What is a Defined Benefit Retirement Plan? Throughout your career search, you may come across some employers that offer a defined benefit pension and wonder, “Just what is a defined benefit retirement plan?” Don’t worry; we’ve got you covered with a straightforward guide for young adults. What is a Defined Benefit Retirement Plan? What is […]
Financial Priorities: 3 Reasons Parents Should Not Open An RESP And Invest For Their Kids Many millennial parents are struggling with student loan debt repayments, higher than planned mortgage payments, or increasing rents, as well as being sandwiched, potentially having to support or care for elderly parents at the same time as their kids. Still, […]
How do you use credit cards wisely? This beginners guide to using credit to your benefit and avoiding credit card pitfalls can help you master credit use.
30 Best Canadian Personal Finance Youtubers to Watch in 2024 Introduction Learning about personal finance is a lot easier when you can consume the content in your medium of choice. For those of you who love Youtube, we bring you the list of the top 30 Canadian personal finance youtubers to watch in 2024. Adding […]
Financial Literacy for Kids: Kid friendly resources to set your children up for success In a world where financial literacy is becoming increasingly essential, teaching kids money concepts early in their lives is a powerful tool that can shape their financial futures. Just think about your financial situation today and how much better off you […]
What Is A Soft Credit Check in Canada: What You Need to Know While applying for a new loan, mortgage or credit card, you may have encountered the term “soft credit check” during your research. But what exactly is a soft credit check in Canada, and how does it differ from a hard one? Understanding […]
Best Canadian Finance Podcasts to listen to in 2024 Improve Your Financial Literacy with Canadian Personal Finance Podcasts Getting better with money is likely on everyone’s to-do list, but finding ways to improve your financial literacy can be time-consuming and difficult. Canadian personal finance podcasts are an easy way to consume content to help you […]
Have an employer sponsored pension, and confused as to what that means for your future financial planning? Come along as we dive deep into everything you need to know about having a pension in Canada.
5 Reasons You Need To Be Investing, As A Canadian Woman. If you’re a Canadian Woman who wants to start investing, you, my friend, are in the right place. Before I discovered the personal finance world, I struggled with understanding how to invest and worried it was too complex for me to learn how to […]
Life Insurance Basics For Canadian Families Here are some life insurance basics every Canadian family should know! When you’re budgeting for day-to-day life with your family, life insurance might be the last thing on your mind. It’s not fun to think about, but it’s important to have a plan in place in case the unimaginable […]
Make more room in your budget When you are trying to make more room in your budget usually it is to help you either pay off debt or save up for a big purchase. Saving more is one way to work toward this. The other is making more money. Today we tackle the first part […]
How much do you know about what makes up credit scores in Canada? Here at Canadian Budget, we believe in responsible credit use. Credit cards are not inherently bad! We need to learn how to use them responsibly; they can provide many benefits. They can give cash sign-up bonuses and cashback on purchases, or earn […]
Learn how to identify and work toward your Financial Goals.
Looking back at the past year, in review, there have been many challenges of course. COVID continued, work was a never ending challenge to keep up with constant changes in plans, and personally, we lost my father in law unexpectedly. Top 10 wins of 2021 I want to focus on my wins of the past […]
Baby is born… now what? On top of the oodles of love, dozens of appointments, bazillions of pictures, stress and sleepless nights, what are the things you need to do now in terms of paper work, registrations, and RESP’s once baby is born? In Ontario, Service Ontario has a bundle arrangement where you can get […]
So you are expecting a baby, and now need to plan for maternity leave. Deciding how long you will be off work may depend on what coverage (if any) you may have for income while on maternity leave. How long of a maternity leave to take I live in Canada where we are entitled to […]
Unexpected Loss in the family Last year we tragically and unexpectedly lost a close family member, my father in law. As tough as it is for anyone to deal with a loss in the family, there are so many tasks that need to be done, logistically speaking, after someone passes away. Someone needs to make […]
How To Level Up Your Budget We have all heard the saying, you can’t track what you don’t measure, so how do we know how well we are doing on our budgeting goals if we aren’t tracking it well?? Here are 4 tips to level up your budget! It’s not enough to just set a budget […]
Budgeting For Beginners Today I want to start with the basics of budgeting for beginners. Before we dive in, a big CONGRATS to you for starting to take steps toward improving your financial literacy and skills! Its not easy to try something new and step outside of your comfort zone, but this is where growth […]
Selling on Facebook Marketplace In organizing the house for our upcoming move, hubby and I realized we had a lot of books we feel comfortable selling or donating. So I decided to get rid of them by selling on Facebook Marketplace and a few days later I made a sale! When I first moved in […]
Work Optional Book Review Have you ever dreamed of a work optional life? I love reading books on personal finance. I have read quite a few and always take out multiple books from the local library any time I go. The Work Optional book stood out for me among the books I have read, so […]
My Goals For the New Year With a new year always comes resolutions and goals. Right now its difficult to put a finger on my financial goals since we have sold our condo and are looking for our next home before we close in March. So we don’t know exactly what our expenses for the […]
Millionaire Teacher Review Just finished this great book that I had seen and heard a lot about, and I’m glad I did. I saw another Millionaire Teacher review and was intrigued to pick up the book. Becoming a millionaire on a teacher’s salary is just what author Andrew Hallam did. Reading just the title I […]