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Tangerine's new money-back credit card - Updated 2017

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Why I cancelled Mint.com (Budgeting App)

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Bank Review

Is Scotiabank's new "Tangerine" to your tastes?

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Questrade Review for 2017 - $50 Promo Offer Code

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Tangerine's new money-back credit card - Updated 2017

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Why I cancelled Mint.com (Budgeting App)

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Paytm Review

Paytm Review: The Rewarding Way to Pay Your Bills

Paytm is one of the world’s largest digital wallet platforms and it came to Canada via the Android/iOS app called “Paytm Canada” in March of 2017.  (Unless you live in Quebec – sorry La Belle Province.)   If you’re wondering what the heck a digital wallet is, the basic idea is that you can pay…

Canada’s Credit Unions as Online Banking Options

Canada’s Credit Unions as Online Banking Options

Online banking is quickly becoming more and more popular among Canadians.  We keep an updated post that looks at the best online banks in Canada. Among other topics, we discuss internet banking and mobile apps offered by some of the leaders in Canada’s online banking world, including Tangerine (from Scotia Bank), EQ Bank (from Equitable Bank),…

zagbank review

Zag Bank: Online-Only Bank Making a Big Splash in Canada

As more Canadians embrace online banking, a new breed of financial service providers is emerging. Zag Bank is one such provider that is making waves across the online banking industry. While Canada’s largest banks have embraced technology, Zag has made the entire banking experience digital. As an online-only bank, Zag is offering consumers greater cost…

Simplii-Financial

Simplii Financial Review – The New Kid on The Financial Block

In an earlier post, The Complete Guide to Canada’s Best Online Banks, we went into great length on what Disruption has meant to the banking and financial industry in Canada. Generally speaking, online banks have been good for the Canadian consumer (more choices = better competition). We’ve seen lower fees, expansion of services, and an…

Can we stop pretending any financial advice is ‘unbiased’?

Sometimes I like to sit in the morning, sip my coffee and think about a time I was blissfully unaware of the 60 different financial designations that exist here in Canada. It’s fun to rant about the financial industry, but that’s not really what I’m in the mood for right now. Right now, let’s assume that most…

Submarines and the importance of conversation

I was in a lovely bookstore a few weeks ago browsing through the kids section…. because books with awesome pictures are the best books. #fact And I stumbled across a book about things that were under the sea. Every page had a theme of underwater things, and one of them was about submarines. It was…

Investing

Canada’s Credit Unions as Online Banking Options

Canada’s Credit Unions as Online Banking Options

Online banking is quickly becoming more and more popular among Canadians.  We keep an updated post that looks at the best online banks in Canada. Among other topics, we discuss internet banking and mobile apps offered by some of the leaders in Canada’s online banking world, including Tangerine (from Scotia Bank), EQ Bank (from Equitable Bank),…

The Complete Guide to Canada’s Best Online Banks

Canada’s online banks are growing not only in number of competitors, but also in services offered, and ease of use as well.  This is great news if you: Hate driving to a bank branch. Can’t stand waiting in lines. Don’t enjoy paying ever-increasing fees to access your own money. Would rather interact with a screen…

Efficiency-favourite-word

How Efficiency became my favourite ‘eff' word

Way before I fell in love with music, I fell in love with words. It started off with the amazing children’s stories of Enid Blyton, E.B. White, and Madelaine L’Engle, and then as I got older, it grew to include the great poets: Shakespeare, E.E. Cummings, Pablo Neruda. UGHHH… even the english translations of Neruda…

Smart Money Capital Management Robo Advisor Review

Robo Advisory services aren’t just a fad in Canada anymore. Canadians are increasingly taking a closer look at what these alternate investment platforms have to offer. That’s why Young and Thrifty published its first ever Complete Guide to Canada’s Robo Advisors, so our readers might better understand what Robo advisors can do for them. We…

Mawer Mutual Funds vs Robo Advisors

Steadyhand and Mawer Mutual Funds vs Robo Advisors

Steadyhand & Mawer Mutual Funds Robo Advisors Actively managed by a fund manager, whose goal is to beat the performance of passive investing. Invest in passive investments, which have been empirically shown to outperform active investor funds the majority of the time. Lower MERs than conventional mutual funds. Much cheaper than Steadyhand / Mawer funds…

TD eSeries Funds vs Robo Advisors

TD eSeries Funds vs Robo Advisors

  TD eSeries Funds Canada’s Robo Advisors Passive investing principles Offer extremely low MERs to investors, comparable to robo advisors. Provide investors with the opportunity of choosing which passive investments they wish to hold in their portfolio. Passive investing principles Automatically allocate investor funds amongst passive investments on their behalf, reducing their involvement in the…

Real Estate and Mortgages

Buying a House With a Partner If You're Not Married

Buying a House with a Partner – If You’re Not Married

It turns out, buying a house with a partner – even if you’re not married – isn’t the crazy, off-the-wall idea it used to be. We can thank statistics for that: In 2011, Statistics Canada released their data about marriages in Canada, and the percentage of Canadians who were in common-law relationships had jumped from…

How to Port a mortgage

How To Port A Mortgage

Can I take my mortgage with me if I have an excellent fixed interest rate that I want to hand on to?  Or is it possible to use the sweet variable interest rate I negotiated as a bargaining chip when I’m selling my house – can I pass that on to the new buyer?  These…

How to Use the Home Buyers Plan

How to Use the Home Buyers Plan

The Canadian Home Buyers Plan is a way to borrow from your RRSP in order to come up with a down payment for your first home.  Having bought my first home recently, I found the home buyers plan information on the Canada Revenue Agency website a bit difficult to understand (must be all that government…

open vs fixed mortgage

Variable vs Fixed / Open vs Closed Mortgages

Buying a house and getting a mortgage can be a stressful experience – especially if you’re going through it for the first time.  Whether you’re going through a traditional bank or a mortgage broker, with terms such as variable, fixed, closed, open, prime interest rates and many more, it can be easy to get intimidated.  Because…

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Mortgage Broker or Big Bank- Who to Choose?

You’re lookin’ to buy a place but don’t know whether to go with a Canadian mortgage broker or with a big bank, and you want to get the best mortgage rate & best deal possible (of course, what fool wouldn’t?). Or maybe you’re already in the place of your dreams and just looking to get…

Real Estate Commissions

Real Estate Agent Commissions – Decoded!

One of my good friends bought her first condominium through an online mortgage broker a few years ago when she was 26.  I remember her telling us the details over dinner one night – we were so excited for her!  I mean this whole adulating thing is a pretty big deal right? She said it…

Credit Cards

Top 5 Credit Cards for Millennials

Sure, “millennials” include everyone from a 32-year-old born in 1985 to a 17-year-old applying to university, but there are still some common factors between them – and that means credit card advice aimed at Baby Boomers isn’t always going to help millennials get the right card. If you’re a millennial, some of these things may…

Hand with credit card. Shallow DOF

President's Choice Financial World Elite MasterCard Review

Yes, I have done it again!  Signed up for another credit card.  This time, we had careful consideration because we needed a joint credit card.  Initially we were thinking of signing up for one of the Scotiabank credit cards that offered the first year free, but it's a bit of a hassle to cancel a…

review of usd credit cards

A Review of US Dollar Credit Cards

Since our wedding is in the United States, we have been having to pay for a lot of things in US Dollars, or with my Chase Marriott Visa credit card (which does not charge the additional 2.5% of foreign currency exchange fee on top of the purchase), and it got me thinking about US Dollar…

Review: Tangerine's New Money-Back Credit Card – Updated 2017

If you’re fan of online banking then you’ve no doubt thought about making the job to an entirely online bank such as Tangerine (the former ING).  For more on the pros and cons of the bank itself, check out our Tangerine bank review here.  While Tangerine has been a market leader in features such as…

Chase Marriott Rewards Premier Visa Review

Chase Marriott Rewards Premier Visa Review

With only the MBNA World Points World MasterCard in my wallet, I felt a little empty.  Since I cancelled the TD Aeroplan last year to avoid paying an annual fee, I needed another Visa.  Therefore after some deliberation, I decided on the Chase Marriott Rewards Premier Visa card.     It's definitely no Aeroplan card,…

what affects credit score

What Affects Your Credit Score?

Every Canadian should know their credit score – especially now that you can get a Borrowell free credit score! With credit card travel hacking, there's often talk about not applying for too many cards in that it will affect your credit score.  If your credit score takes too much of a hit, lenders will have more…

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Paytm Review

Paytm Review: The Rewarding Way to Pay Your Bills

Paytm is one of the world’s largest digital wallet platforms and it came to Canada via the Android/iOS app called “Paytm Canada” in March of 2017.  (Unless you live in Quebec – sorry La Belle Province.)   If you’re wondering what the heck a digital wallet is, the basic idea is that you can pay…

Canada’s Credit Unions as Online Banking Options

Canada’s Credit Unions as Online Banking Options

Online banking is quickly becoming more and more popular among Canadians.  We keep an updated post that looks at the best online banks in Canada. Among other topics, we discuss internet banking and mobile apps offered by some of the leaders in Canada’s online banking world, including Tangerine (from Scotia Bank), EQ Bank (from Equitable Bank),…

zagbank review

Zag Bank: Online-Only Bank Making a Big Splash in Canada

As more Canadians embrace online banking, a new breed of financial service providers is emerging. Zag Bank is one such provider that is making waves across the online banking industry. While Canada’s largest banks have embraced technology, Zag has made the entire banking experience digital. As an online-only bank, Zag is offering consumers greater cost…

Simplii-Financial

Simplii Financial Review – The New Kid on The Financial Block

In an earlier post, The Complete Guide to Canada’s Best Online Banks, we went into great length on what Disruption has meant to the banking and financial industry in Canada. Generally speaking, online banks have been good for the Canadian consumer (more choices = better competition). We’ve seen lower fees, expansion of services, and an…

Can we stop pretending any financial advice is ‘unbiased’?

Sometimes I like to sit in the morning, sip my coffee and think about a time I was blissfully unaware of the 60 different financial designations that exist here in Canada. It’s fun to rant about the financial industry, but that’s not really what I’m in the mood for right now. Right now, let’s assume that most…

Submarines and the importance of conversation

I was in a lovely bookstore a few weeks ago browsing through the kids section…. because books with awesome pictures are the best books. #fact And I stumbled across a book about things that were under the sea. Every page had a theme of underwater things, and one of them was about submarines. It was…

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Young and Thrifty has been named the Best Personal Finance Blog in Canada by our peers and we pride ourselves on breaking down confusing jargon into fun, bite-sized chunks. Young and Thrifty posts are basically what should have learned in high school - but didn’t! We have everything from tips on budgeting, to online banking hacks, discount brokerage reviews, and the Ultimate Guide to Canada’s Robo Advisors.

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