November 24, 2022
Choosing to rent

Everyone is choosing renting over owning a house, even the high-income earners

Buying or renting property is one of the most controversial topics. Some people believe that renting is a waste of money and does not contribute to any form of equity build-up or investment.   While it may all depend on your lifestyle and your needs, the increasing interest rates are […]
November 8, 2022
Tenants and Landlord

Rental Agreement: Rights and Duties of Landlords and Tenants

In a rental agreement, landlords’ rights and duties go hand in hand with the tenants. Each province in Canada has its own residential tenancies regulations known as the Residential Tenancy Act (RTA). RTAs regulate rental prices, eviction procedures, and the obligations of both tenants and landlords in maintaining and repairing […]
November 7, 2022
Rent in Canada

The average rent across Canada increased 15 percent compared to 2021

The average cost to rent an apartment increased by 15.4 percent from September 2021 to September 2022, according to the latest national rent report from rentals.ca. On a month-to-month basis, average rent rate increased by 4.3 percent. This monthly increase is the highest since 2018, as per the report. The […]
October 26, 2022
Credit Score

How do Credit Bureaus calculate your Credit Score?​

Your purchasing behavior is very much dictated by your creditworthiness. Keeping a good credit score gives you the bargaining power to request better credit cards or loan deals. You may be able to negotiate lower interest rates. Also, increase your chances of being approved for new credits and increase your […]
October 6, 2022
A Simple Guide to Credit Scores for Newcomers to Canada

Understand what Credit Score means for newcomers in Canada

You’re new to Canada and you are not familiar with Credit Scores because in your previous country of residence being in debt is either frowned upon or people only take credit when needed. On the contrary, this is the complete opposite in Canada. The Canadian credit-driven economy prioritizes credit in […]
September 4, 2022

Fancy a New BMW to Motor Around In?

You’re 18 years old, finished college, flown the nest and are finally off to university … the best times of your life ahead! But With Growing Up Comes Responsibility That means managing your money to get the most out of it, to set you up for the rest of your […]
May 25, 2022

Should you pay rent by credit card or BNPL loan?

Talk about a triple whammy. The economy got hit by the Covid-19 related shutdowns. Then in 2022 the war started in Ukraine, having a ripple effect throughout the globe oil prices and grain shortages. The last nail in the figurative coffin seems to be the inflation. Food prices have jumped […]
May 24, 2022

Lifestyle considerations for when you apply for a credit card

With thousands of credit cards in the market, choosing a credit card could be challenging as some types are more beneficial to you than others. Understanding options is key to narrow down the choices. Here are some of the most popular credit card types.   Reward Credit Cards As the […]
May 17, 2022

5 money saving tips to help renters

1-Choose an apartment near public transport Location can highly affect how much you pay for a rent. Rentals near the center of the city are usually more expensive as downtowns provide easier access to all amenities, work, home, entertainment and food. So, apartments that are located further from the downtown […]
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