Categories: Financial Literacy

Exchange Traded Funds: Everything You Wanted to Know But Were Afraid to Ask

By Daniel Evans, CFP® & Investment Coach Most Canadians are very familiar with mutual funds. In simple terms, a mutual fund is made up of a collection of individual stocks, bonds or other securities chosen by a fund manager with the … Continue reading

Posted in Financial Literacy, For your information, Investing

The Hidden Benefits of Improving your Financial Literacy (and four steps to help you get there)

By Jenny Reimer, CIM, CFP® Director, Financial Planning November is Financial Literacy Month and there’s reason to celebrate. Canada has one of the highest financial literacy rates in the world (1), with a recent survey finding that 68% of Canadians … Continue reading

Posted in Financial Literacy

4 Ways Parents Can Ensure Their Children Leapfrog Their Negative Financial Habits

By Sheila Walkington, CFP® Co-founder and CFO Money Coaches Canada Money lessons start at home. Children and lots of young adults learn by watching and imitating their grownups. Just like teenage driving lessons, it’s all too easy to absorb mom … Continue reading

Posted in Financial Literacy, Kids and Money

Things to Consider When Deciding When to Take CPP and OAS

By Noel D’Souza, P.Eng, CFP® Introduction You’ve worked long and hard in Canada for years, quite possibly several decades, and now the finish line is in sight. Retirement. That Holy Grail. Just one minor thing: How are you going to … Continue reading

Posted in Financial Literacy, Financial Planning, Retirement savings

Where Can You Turn to When Coping with Debt?

Our long-time business associate and good friend Bruce Sellery was recently appointed CEO of Credit Canada Debt Solutions. We had a chat with him about the challenges that so many Canadians face around financial well-being and who they can turn … Continue reading

Posted in Debt, Financial Literacy, Money Coaching

Why Financial Literacy Isn’t Enough 

By Karin Mizgala, Co-Founder and CEO of Money Coaches Canada November is financial literacy month, and this year is its 10th anniversary. Interesting timing with COVID-19 raging in our midst and financial well-being feels more precarious than ever before.  There are … Continue reading

Posted in Financial Literacy, Relationship to money

Investments Plain and Simple

How Investments Are Taxed When making investment decisions, it is wise to consider the various tax implications – both positive and negative. As always, first remember that your investments should reflect your goals and values, your time frame and your … Continue reading

Posted in Financial Literacy, Investing, Retirement savings, taxes

Investment Fees Matter… More Than You Think

By Karin Mizgala, Co-Founder and CEO Money Coaches Canada Canadians have a reputation for being polite. Maybe that’s why for years we’ve put up with investment fees that were confusing, often hidden, and higher than necessary. But polite doesn’t necessarily … Continue reading

Posted in Financial Literacy, Investing, Money Coaching, Retirement savings

Women, Money and Power: How Times are Changing for the Better

By Karin Mizgala, Co-Founder and CEO Money Coaches Canada On March 8th, we celebrated International Women’s Day (IWD), a global day recognizing the social, economic, cultural and political achievements of women. But IWD is about more than one day; the theme … Continue reading

Posted in Financial Literacy, Investing, Relationship to money