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Retiring? Here's how to switch from saving for your golden years to spending

Retiring? Here's how to switch from saving for your golden years to spending

The last paycheque from a decades-long career arrives next Friday and the nest egg you built during those working years will now turn into a main source of income. It can be a jarring switch from saving for retirement to spending in retirement.
Think you're too young for life insurance? Buying early can help save on premiums

Think you're too young for life insurance? Buying early can help save on premiums

Buying life insurance in your 20s can feel like an added cost to an already long list of expenses. But experts say it can safeguard loved ones if life doesn't go as planned.
Saver vs spender: How relationships can work despite different money habits

Saver vs spender: How relationships can work despite different money habits

Financial soulmates are rare, advisers say β€” it’s more common for couples to have different spending and saving habits. But money is a critical detail in a partnership.
Safe travels: Experts say travel insurance may save you thousands on vacation abroad

Safe travels: Experts say travel insurance may save you thousands on vacation abroad

TORONTO β€” Hannah Logan didn't expect to wind up in the hospital, or face a pricey bill for X-rays and medication when she travelled to Bosnia over a decade ago.

Clarification for Nov. 5 story obout options trading for retail investors

A Nov. 5 story about options trading for retail investors may have left the impression that Josh Sheluk didn't believe there were risks to options trading.
Get rich quick or risky business? Options trading is accessible but not for everyone

Get rich quick or risky business? Options trading is accessible but not for everyone

Options trading has found its place in the do-it-yourself world of young investors, opening possibilities of cashing in on high returns in short order. But it can be a risky game, experts say.
Five things for parents to think about when helping their child buy a home

Five things for parents to think about when helping their child buy a home

OTTAWA β€” Five things to think about if you're considering gifting money to your child to help buy a home: Mortgage insurance If you can help your child get to the 20 per cent threshold for their down payment, it will save them the cost of mortgage de
Looking for a new car? What you should know about leasing vs. owning

Looking for a new car? What you should know about leasing vs. owning

Leasing a car is a unique financial arrangement and while it has its perks, experts say it suits a fairly slim group of people. The biggest draw for leasing is lower payments, and on a shiny new car no less.
Pokemon cards, music royalties, sports memorabilia: Do alternative investments work?

Pokemon cards, music royalties, sports memorabilia: Do alternative investments work?

When some rare first-edition Pokemon trading cards went on sale three years ago, Adam O'Brien was hit with a wave of nostalgia. For the now 32-year-old, it was an irresistible offer that had the potential for value in the long run.
Driving for Uber or writing on Fiverr? How to handle taxes on digital platform income

Driving for Uber or writing on Fiverr? How to handle taxes on digital platform income

Digital platforms like Uber, Airbnb and Etsy have made it easier than ever to make some extra cash on the side, but experts say you need to be diligent about tracking and reporting that additional income, or risk the consequences.