Finances FYI

There are a lot of Albertans today struggling to manage their debt, and in fact it's an issue all across Canada. The pandemic resulted in a lot of lost work hours and wages, and while there were government relief programs, it wasn’t enough for a lot of people.

Interests and costs are rising while the market falls. Here are some tips for hedging your investments against ongoing inflation.

The 2010s were dominated by the FAANG (Facebook, Amazon, Apple, Netflix, Google) companies driving much of the stock market growth of the last decade. This has led some to believe that the stock market is where some of the best returns are found. This kind of thinking is dangerous.

We’ve all heard the stories of people lining their mattress with bills or stuffing their savings under the mattress for safekeeping. However, if you want a nest egg, this is a terrible idea.

Are you interested in investing? Taking advantage of compound interest? Making your money work for you? Investing can help you reach your financial goals, but many are intimidated by the terms and complexities of what this entails. Today we’ll look at some of the most important terms, what they mean, and how understanding them helps you grow your money.

You’ve been lucky enough to have a job where your employer contributes to your retirement plan, but what happens when you change jobs? Too many people just close the account because they do not realize they have options.

We all have causes or charities that we’re particularly passionate about, but it can be hard to know how to help them directly. Lucky for us, making charitable contributions has never been easier. Here’s the why and how to make 2021 your most significant year of giving!

Saving money can be a challenge for many, but with a sound plan and concrete goals, you could watch your savings pile up this year. Here are the best ways to increase your savings in 2021 and beyond!