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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.
Nov 5, 2024 7:21 AM
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Five things for parents to think about when helping their child buy a home
OTTAWA — 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
Oct 31, 2024 7:00 AM
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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.
Oct 29, 2024 7:00 AM
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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.
Oct 22, 2024 7:00 AM
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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.
Oct 17, 2024 7:00 AM
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'Nothing to fall back on': Money mistakes young people make and how to avoid them
Mistakes in our youth are normal and forgivable, but financial ones can be nasty to fix. Young consumers are still missing the basics, experts say.
Oct 15, 2024 8:18 AM
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Can't afford to go out? Don't let your budget break up your friendships
Hayley Reid-Ginis knew her life was in for a shakeup when she decided to go back to college last September.
Oct 8, 2024 7:56 AM
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'Not free money': What students should know before getting their first credit card
Everyone starts building their credit score somewhere — and for many, it’s getting that first credit card during college or university. Financial institutions know whatever card you get is likely to be kept for a long time.
Oct 1, 2024 7:08 AM
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Tempted to switch to an online-only bank? Know the perks and drawbacks
Switching to an online-only bank more than a decade ago was just another way Jessica Morgan was trying to save money at the time as a new grad. "Saving money was the main motivator," Morgan, now a financial educator and founder of Canadianbudget.
Sep 26, 2024 7:00 AM
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Sell, trade in or keep: What to do if you're underwater with your car loan
Some drivers who bought their vehicle within the past couple of years when auto prices were hovering around record highs are now facing the reality that they're underwater with their car loans.
Sep 24, 2024 8:16 AM
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