We believe credit cards are a valuable financial tool – when used responsibly. Your spending habits and financial goals should play a part in deciding what card is best for your unique situation. However, searching for the perfect credit card can be overwhelming and stressful. With so many options available, it’s hard to know which one will best suit your needs. We want to make sure your new credit card “fits you like a glove,” so here’s a quick cheat sheet to know which type of card to apply for…
Category: Credit Card Tips
It seems innocent enough. Your teen needs some new clothes & you definitely don’t have the energy to watch them try on every latest fashion trend, so you hand them your credit card with clear and concise instructions, and watch them drive off into the sunset. Over the years your child has shown they are responsible and can be trusted with those secret 16 digits, so you have nothing to worry about. Or do you?
After months of preparation and weeks of living amongst towers of cardboard boxes, you’ve finally arrived in Canada. You have a job, somewhere to live and may even have some of those moving boxes unpacked. Unfortunately, there are a lot more items on your To Do List – such as getting the kids enrolled in school, finding a family doctor & learning your way around town. You’ll also want to add getting identification, a SIN and a banking account. Oh and then, there’s establishing your Canadian credit history…
Moving to a new town, let alone a new country, can be confusing & overwhelming. It’s difficult to know where to even start sometimes. Here are some helpful tips to starting your new financial life in Canada.
June is the time when a plethora of high school students officially make the transition from teen to young adult. As a graduating senior, on your way to university, this is a very exciting and liberating moment in your journey of life. As you put on the unflattering cap and gown and prepare for the long winded high school graduation ceremony, you’ll reflect back on those four long years of high school. It will seem like decades ago when you were that scrawny incoming freshman. Now, look at you – you’re the cool graduating senior, headed off to college, where you’ll continue to master the art of balancing your social life & schoolwork.
Soon, you’ll be all on your own. No one to tell you what to do and when to do it. There’s no reason to stress; you’ve learned how to boil water, wash your own laundry and operate a motorized vehicle. You even know how to replace a button or patch a hole in a wall. You’re ready for complete independence. Or are you?
“Ready are you? What know you of ready?”
It’s your lucky day. While walking down the street, you find a lonely bill, solemnly laying on the sidewalk, just waiting for a delightful new owner. You rescue the bill from the dangerous sidewalk, pick it up and cheerfully place it in your pocket. This unexpected gift from the money gods will definitely make up for the horrible day you’ve been having! But, then what? Do you spend your new found friend or save it for a rainy day? A recent poll by Scotiabank found that what we do next, all depends on the amount.