Money Talks: Volume 42
We apologize for being a day late with our Money Talks edition this week. But, we’ve been so busy reading, reading, reading all the headlines this week because they’ve been stuffed with our favourite topic – mortgages! We’ve found some great stuff, so we won’t keep you waiting any longer. Here they all are, in this…
Read moreThought Bathrooms and Kitchens got all the Home Renovations? Think Again!
When homeowners think of the different home renovations they can make to increase the value of their home, it’s often the kitchen and the bathrooms that they think of first. Or are they? While it’s known that remodeling these two rooms in any home will up the resale value of a home, and help with…
Read moreNational Household Survey Yields Unsurprising Results
We’ve all been waiting anxiously for the results of this year’s National Household Survey to be released, and now here they are. For those that have been waiting for earth-shattering news though, the actual results may not be all that shocking. When it comes to overall home ownership rates, in 2011 the survey showed that…
Read moreWhen To, and When Not To, Use a HELOC as an Emergency Fund
There’s a lot of debate as to whether or not people should be using their HELOC as an emergency fund. Of course, just like everything else in life, this is something that has both benefits and risks attached to it; and it’s those that people have to take into total consideration before they decide to start…
Read moreSurprising News about the Emergency Funds of Canadians
If you’ve been stressed out over the fact that you don’t have an emergency fund, the good news is that you’re not alone. BMO has just released the results from their Rainy Day Survey and it shows that many Canadians don’t have a fund they can tap into when emergency strikes, and those that do…
Read moreOlder Canadians may have the Advantage when it Comes to Economics
There’s been a lot of talk lately about older Canadians and how hard they’re going to have it now, and in the coming years. They have high levels of household debt, and Equifax recently announced that retirees have the most debt of any other Canadian group. Not to mention the fact that they’re already on…
Read moreHow much does Your Child Receive for a Tooth?
Thirty years ago, a quarter seemed like a pretty fair find for leaving a tooth under your pillow at night. But now, you’d be surprised to know just how much parents (er, we mean the tooth fairy) are leaving, just for one tooth – as much as $100 in some cases! And even the norm…
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