Ontario man left holding the bag on $62,000 car loan after co-signing for a friend
An Ontario man found out the hard way the responsibilities you take on when you co-sign a loan, and why it’s not a good idea to co-sign a loan for a friend. “I went in as a co-signer and I had no idea that this could happen,” Mississauga resident Shane Brown told CTV News after…
Hey gals, here are the worst mistakes you’re making with money
Ladies, we can be truly savvy with our dollars, especially when it comes to finding a great deal. Women are so good at managing money that 20% of Canadian spouses relied solely on their female partner to set and follow the household monthly budget, according to survey released in 2023 by Loans Canada, the nation’s…
Dating in Canada: 3 cheap date ideas, plus tips for planning affordable third date ideas
Dating in Canada is hard and making it to the third date is a big deal. Ask any experienced dating app user — where a simple swipe right or left can make or break a budding romance. For single Canadians, making it to the third date adds a bit of pressure — for the expectation…
Despite economic uncertainty, Canadian homeowners remain confident in their budget
Despite the daily worries of escalating tariffs, economic recession, inflation and who knows what else, many Canadian homeowners don’t seem all that worried about keeping up. A new CIBC poll found the majority of mortgage holders feeling confident in their ability to handle their mortgage payments and make their budgets work. "As mortgage rates are…
What to expect when you’re expecting: First year cost for pets
It’s easy to go overboard when you’re getting a new pet. Whether it’s supplies, toys or even clothes, some things are just too cute to pass up. But these things quickly add up, even if you try to stick to necessities. It’s possible to budget and plan for your new furry addition, and we’ve put…
Canadians are worried current market volatility will impact their future financial independence
Invest, save and then invest some more. This is the advice many Canadians receive when seeking a financial plan – the specifics of the investments and savings notwithstanding. But current market volatility may be putting somewhat of a damper on those thoughts of financial independence. Almost half (48%) of all respondents in the annual RBC…