• Can you name three surprise expenses you might use an emergency fund for?
• Do you think Meghan’s parents should have offered to pay the full cost of the broken window? Why, or why not?
• Why is it important to separate your regular savings and your emergency fund?

Cybercrime is rampant, but there are preventative measures you can take to keep your money – and your information – safe:

Q: Although my partner and I both have good jobs, it seems that nothing is secure today. What should I be doing to prepare for the possibility of one or both of us losing our jobs?

There is a significant connection between financial difficulties and mental health issues. A substantial number of Canadians report feeling overwhelmed by their financial situation, with many indicating that financial stress negatively impacts their mental well-being.

Canadians are increasingly worried about their financial situations, particularly in light of rising living costs and economic uncertainty. Despite this growing concern, many individuals are not taking proactive steps to improve their financial health.

Q: I just had a pretty significant financial crisis that ended up cleaning out my savings to pay the bill. What do I do now?

A: All the best financial experts agree you need to keep an emergency fund. Keeping three to five months of living expenses in a savings account....

Financial setbacks come in all shapes and sizes. It can be an expensive household repair or major car trouble. It may be increases in your insurance plus a rent hike taking effect at the same time. Or, it can be something more extreme, like getting a pay cut at work. It may be a medical emergency that isn’t covered by insurance, or some good news that will cost you a bundle, like a wedding or the birth of a baby.

The new year is almost here. Are you ready?
Usher in the new year with plans for financial improvement and resolutions to do more.Here are some tips to get you started...