A trust is an agreement between two parties; the other party in a trust arrangement is the settlor, transferring the assets to another party known as the trustee, who then holds them in the trustee’s name and capacity on behalf…
Category: Personal Finance
Financial literacy relates to one being able to understand and make effective use of one’s resources. It deals with the acquisition of the knowledge, skill, and confidence to make sound financial decisions in what is becoming an important area for…
So Christmas is around the corner. You want to have the best budget for Christmas, and just can’t wait for Christmas budget planning. Well, the very first thing I want you to do is sit tight and determine how much…
Budgeting, banking, credit, savings, investing and debt are a few pillars that help in supporting the financial decisions of your life. However, you do need to learn some of the basics of finances and have the skills that will help…
For many Canadians, the prospect of a long-term disability is a distant concern, often overshadowed by immediate financial responsibilities and life’s day-to-day demands. However, the truth remains that anyone can face unexpected health challenges, rendering them unable to work for…
Do you remember what it was like being a kid with interests and hobbies that kept you going for many hours? Imagine if you had taken it seriously and made some money from it right from an early age; you…
The Super Visa program is a popular option for parents and grandparents of Canadian citizens and permanent residents who wish to visit their loved ones for an extended period. Introduced in 2011, the Super Visa allows eligible applicants to stay…
Building wealth is something almost anyone can do with the right plan. A high income or a large inheritance make it easier to save and plan for old age, but those are not necessities. Your financial attitude, especially when it…