Posts by Jordann Brown
All You Need to Know About Getting a Home Equity Loan
If you find yourself in need of a large amount of money for things like kitchen renovations or a new car, your options are typically credit cards or an unsecured line of credit. But if you’re a homeowner, and you’ve been dutifully paying off your mortgage for a few years, you have a third option:…
Read MoreHow To Port A Mortgage
Buying a new house can be a thrilling experience, but it can also come with an avalanche of decisions to make. Aside from choosing new paint colours or furniture, one of the biggest things to consider is whether to break your current mortgage contract (which can come with penalties and fees) or to transfer your…
Read MoreThe Best Personal Loan Providers in Canada
Even the most financially savvy individual can run into a situation where they need to borrow money, and in those cases, a personal loan is usually the least expensive way to bridge the gap between your financial needs and your cash on hand. Personal loans in Canada are offered by financial institutions to individuals. This…
Read MoreHow to Use the Home Buyers’ Plan
According to CBC News, the average home price in Canada sat at $480,000 in March of 2019, and although that’s the lowest level since 2013, it’s still scarily high enough that Canadians are having a difficult time coming up with the required 5% down payment on a home of their own. If this sounds like…
Read MoreThe Best Pet Insurance in Canada
We love our pets like children, and we want to give them the best life possible. We buy them the best food and research the best dog walkers and pet sitters – but what about finding the best pet insurance? If an emergency strikes, how will you pay for your furry friend to get quality…
Read MoreEverything You Want to Know About the FIRE Movement
If you’ve ever gone home after a long day of work, pulled out your phone, and Googled “How to retire early,” you aren’t alone. In fact, you’re one of many Canadians who are ready to give up their dissatisfying jobs to embrace the joys of early retirement. There’s even a name for this: “FIRE movement.”…
Read MoreWhat is the 50/30/20 Budget Rule?
Every budget begins with the process of reviewing your transactions and tallying up what you daily spending on essentials like housing and transportation. Once you have these amounts totalled for the month, you can compare them against your income to determine whether you have a budget surplus or deficit and allocate the leftover money to…
Read MoreWhy Women Need to Save More for Retirement
We’re all aware that men and women aren’t the same, and these differences mean that conventional wisdom doesn’t always apply to both groups equally. Just as a doctor may follow different medical guidelines for male and female patients, it’s the same for financial recommendations: what’s good for men isn’t necessarily the best strategy for women,…
Read MoreHow Credit Card Interest Works
Credit card rewards and cash back perks are a great benefit to using your credit card for everyday spending, but it’s important to remember that credit cards also charge you interest. But how credit card interest works exactly? Credit card interest is the cost of borrowing money, and when you make purchases on your credit…
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