Last summer, my daughter went to a friend's cottage to celebrate Canada Day, where she had an accident and finished out the weekend in the emergency room with a broken ankle. While I'm grateful for Canada's medical system and the hospital that took such good care of her, I was surprised by how much this little mishap cost.
The end of your formal working days is approaching. You likely understand your finances; your housing plans are set perhaps you've laid out some travel plans or visits with the grandkids, but one big question looms: how will you spend your time?
One answer for many retirees is to volunteer in their communities.
Are you thinking about doing some home renovations? You'll want to enjoy the results of your planned project, whether it's a new kitchen, bathroom or a finished basement. But you'll also want the money you spend to come back to you – at least partially, if you ever sell your home one day. So how can you get the most bang for your buck, both today and down the road?
Money habits to avoid passing on to your kids. If you're not automating your savings you're probably paying yourself last. Learn more at: https://www.tangerine.ca/forwardthink...
How did my investments do compared to the market? This is a question most of us ask. We're used to measuring our investment performance against a particular benchmark, like the S&P 500 Index (the broad U.S. stock market) or the S&P/TSX Composite Index (a proxy for the Canadian stock market). Many investors also compare their investment’s performance to that of their friends’ or neighbours’. But how does that kind of thinking help you know if you're on track to reach your goals?
Graduating from high school and going on to university, college or other post-secondary education is a major milestone – and expense – for most families. Annual tuition alone for Canadian students averaged $6,571 for 2017/2018 for an undergraduate degree. And that's before textbooks, room and board. What can you and your child do to plan, save, and pay for such a significant expense?
Many families continue to file tax returns on behalf of their older, employed children. While it may feel good to help, author of "A Parent's Guide to Raising Money-Smart Kids," Robin Taub says it might be time to cut the cord on filing your kids' taxes. Taub talks to BNN's Greg Bonnell with tips on how to get started.
Personal finance expert Robin Taub joins BNN for our final instalment of our series looking at financial milestones for different age groups, this week it was the 50s.
Personal finance expert Robin Taub speaks with BNN's Andrew Bell about what financial milestones you should aim for in your forties.
Personal finance expert Robin Taub speaks with BNN's Catherine Murray about what financial milestones you should aim for in your thirties, including down payments, wills, and learning to invest for your future goals.
Robin Taub, personal finance expert, joins BNN to discuss the financial milestones to aim for in your 20s and tips for reaching them.
A recent survey released by Lawyers' Professional Indemnity Co. found the majority of Canadian adults (56%) don't have a signed will. If you die without a valid will, or if your will can't be located, you're considered to have died "intestate."
No one likes to plan for their death. For most of us, it’s right up there with filing taxes, going to the dentist, or cleaning out the garage. But it’s not something you can afford to ignore if you want to minimize the confusion, stress, and costs for your family after you pass away.