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With house prices surging month by month across the country, low mortgage rates are more important than ever in making a home purchase affordable. #mortgage #personalfinance #housing #finjoycapital

We recently opened a registered education savings plan for our one-year-old daughter at our TD Canada Trust branch, but the management expense ratio of the mutual fund we purchased is 2.5 per cent. Are there less expensive options for investing in RESPs, and if so could you recommend something? Check the answer. #resp #university #savings #finjoycapital

As you may have noticed from the news, the price of Bitcoin has again been on the rise, hovering around US $50,000 lately. The price has in fact risen around 70% since the start of the year. #bitcoin #personalfinance #currency #finjoycapital

The survey results of the Sun Life Barometer by Sun Life Financial (TSX:SLF)(NYSE:SLF) came out in 2019 or before the global pandemic. The poll is about the future financial security of Canadians. Nearly half (47%) of the respondents believe there is a serious risk they could outlive their retirement savings. #savings #family #personalfinance #budget #finjoycapital

For Canadians who are having a hard time sticking to their new year budgeting plans, you’re not alone. On Monday, Canada Post reported that 2020 was a record-breaking year for online shopping. Financial expert Kelley Keehn shares tips on how to curb your online shopping habits and save more money with an anti-budgeting plan. #shopping #personalfinance #onlineshopping #finjoycapital

Despite over 100,000 Ontario students returning to in-class schooling on Jan. 25, many more will continue learning online at home. For those, experts say a few simple solutions can create a smoother learning experience. One of the most critical is how to deal with technical difficulties like the recent video-call disruptions that affected various schools across the Greater Toronto Area. #COVID19 #learning #homeschooling #finjoycapital

As we have all learned in the past year, life can be full of surprises- sometimes unpleasant ones. When the unexpected happens, for most people the biggest worries are financial ones. As we mentioned in an earlier article, nearly half of Canadians are $200 or less away from financial insolvency according to an Ipsos poll. Having an emergency fund to act as a buffer will make it easier to get through the tough times. #personalfinance #savings #emergencyfund #finjoycapital

The wage gap in Canada continues to grow and the job trends between low-wage earners and the highest earners in Canada has never been wider. All of the job losses have come from the low-income sectors and while there is hope the economy will open up once a vaccine takes hold, the reality is the financial well being for those who have lost jobs has been disrupted, compromised and turned upside down with the only real financial lifeline for now government aid. #personalfinance #savings #government #finjoycapital #job #unemployment

The relentless onslaught of the coronavirus pandemic has had serious consequences for the Canadian economy. In the initial days, the economic contraction prompted the Bank of Canada to cut its overnight rate to 0.25% to support the national economy. A by-product of this move has been the ultra-low mortgage rate environment, prompting the Big Six banks to slash their advertised five-year fixed mortgage rates, most of them are now close to or lower than 2%. #personalfinance #savings #mortgage #finjoycapital

Set aside one minute each day to check on your financial transactions. This 60-second act helps identify problems immediately, keep track of goal progressand set your spending tone for the rest of the day! #savings #personalfinance #finjoycapital

If you feel like you are not where you are supposed to be financially, consider taking a step back and reassessing your situation. You may not have met all your financial goals, but if you are doing some or all of the following, maybe you are not doing so bad after all. #savings #personalfinance #finjoycapital #gratitude

There is a whole new generation of personal finance experts tapping into specific modern needs. Unvarnished in style, these new challengers are gaining an audience among those who find established gurus like Dave Ramsey or Suze Orman a bit, well, staid. They offer advice with attitude: telling their followers to get financially naked, warning about reptile-like salesman or yelling that we should save until it hurts.... #PersonalFinance #savings #mortgage #finjoycapital

To decide whether to save or pay off debt, determine your financial priorities. Use a budget, save for emergencies, and strike a balance. Read more! #finjoycapital #savings #personalfinance #HomeOffice

You've heard it before: Pay yourself first. If you wait until you have met all your other financial obligations before seeing what is left over for saving, chances are, you will never have a healthy savings account or investments #TipTuesday

If you’re retired and are thinking about downsizing or relocating, and it involves buying a home, you might want to look into how you would finance it. You may discover that qualifying for a mortgage is different from the last time you bought a house. Not only have lenders tightened credit during the coronavirus pandemic, retirees generally have left a steady paycheck behind. #mortgage #retirement #personalfinance #finjoycapital

You’ve heard of buyer’s remorse when it comes to things people buy. But you may not know that people can experience those same regrets because of the way they choose to pay for their purchases. One frequent culprit: retail credit cards. Read more! #shopping #personalfinance #creditcard #finjoycapital #savings

Nowadays most people realize the importance of improving their financial literacy as an essential life skill. But despite the wealth of information available online, it’s not always clear how you can put this in practice and generate real results. The goal of this post is to highlight some key ideas and motivate you to start taking action. #personalfinance #financialliteracy #finjoycapital #investments #savings

Planning to apply for the #CanadaRecovery benefits? Here’s how to get ready: sign up for My Account make sure your personal info is up-to-date register for direct deposit... #finjoycapital #savings #personalfinance

Paying attention to interest rates will help inform which debt or savings commitments you should focus on #tiptuesday #finjoycapital #interestrates

Throughout my journey to fix the money mistakes I made in my 20s, I kept hearing people talk about something called compound interest. For years, I didn't take the time to understand it or learn more about it simply because I was busy trying to clean up my financial mess and get on a good path forward. I spent a few years paying off debt, growing my savings account, putting aside money in an emergency fund, and slowly adding cash to my SEP IRA. #personalfinance #Savings #interestrates #finjoycapital #debt