I’m a bit of a hypocrite. Whenever I go for a haircut, the gym or even to visit my dentist there’s a tv and it’s usually tuned in to a news channel. For the record, I don’t watch the news. I’m the guy that asks them to change the channel. I’m not interested in constantly hearing about how terrible the world supposedly is.
My take… if you want to be depressed, watch the news. If you want to be aware and alert, choose where you get your information.
Continue reading “The Good News”
I know it might seem strange to look at what financial literacy means in the second post of a financial series and not the first, but sometimes, with every step forward we need to take a step back and look at the bigger picture. This is more true in finance than anywhere. So what better way to do that than to break it down now.
Continue reading “Finance Series – Part Two: Financial Literacy”
If this year has taught us anything, it’s just how important an emergency fund is. An emergency fund, also known as a contingency fund, is money you set aside to pay for unexpected expenses. The reality is, most of us will likely have to deal with a financial emergency at some point in our lifetime.
Here are a few tips for getting started with an emergency fund.
Continue reading “Finance Series – Part One: An emergency fund”
We’re celebrating Financial Literacy Month!
Join Senior Economist, Ted Tsiakopoulos and Mortgage Broker, Steve Garganis Thursday, Nov 12, 2020, at 1:00 PM Eastern Time for a chat about budgets, savings, debt, and more.
Register Now: https://buff.ly/3lhmUl3
- Interest Rates, Savings, Debt and Budgeting trends
- Good debt vs bad debt: How debt affects the economy, housing prices and financial stability
- Bankruptcy vs Consumer Proposal.
- Bank of Canada interest rate policy now till 2023 – Risks??
- Why the second line of defence (macroprudential policies) is necessary despite the recent rise in savings
- Where does the problem lie? Disaggregating debt to asset ratio by age and income
- Trends in financial literacy
- Disruptions coming post-COVID & importance of financial literacy & skills
Did you hear the news? Or did you miss it? Last week the Bank of Canada announced they would stop buying Canada Mortgage Bonds. But it seems like nobody is talking about this.
Why should you be paying attention to this?
Continue reading “What’s happening with Canada Mortgage Bonds?”