Robyn Thompson is featured in The Globe and Mail’s “Financial Facelift” series by Diane Maley. This time, high earners Toby and Cheryl wonder how to achieve their goals of a luxury lifestyle now while providing for their kids’ education and targeting an early...
Robyn Thompson is featured in The Globe and Mail’s “Financial Facelift” series by Diane Maley. This time, Ruth, a retired teacher, is worried that her existing savings and reduced income won’t be enough to provide for her kids’ university education or support her...
You’re in charge – make the most of it! After the ceremonies and speeches and mortarboard tossing, fresh new grads from colleges and universities have to leave their structured and sheltered life and start fending for themselves in the real world, many perhaps for...
How to avoid becoming a victim March is fraud-prevention month in Canada, and unfortunately thousands of Canadians continue to fall victim to scams perpetrated online and by phone, often losing tens of thousands of dollars or in some cases, their entire life...
More important than ever in a digital world As society transitions increasingly to cashless transactions, using smartphones and online channels to pay for goods and services, parents have a bigger challenge than ever in teaching children the basics of financial...
5 tips for putting credit cards on a leash Starting with Black Friday in November and ending with Boxing Day in December, the holiday spending season is just about guaranteed to stretch the use of your credit cards. And come the end of January, you may be singing...
Choosing the best financial advisory team Once you’re established in your profession or career, and you’re accumulating a sizeable nest-egg, getting financial advice from your second cousin or the bank teller just won’t do. You need to get some professional money...
Can you really “live with the risk”? In this day and age of “robo-advisors” and passive index investing, many investors seem to have forgotten the single immutable truth that equity markets are inherently risky. That’s simply because the share prices of stocks...
Robyn Thompson is regularly featured in The Toronto Star’s “Money Makeover” series by Deanne Gage. This month, Money Makeover takes a look at Victor and Shelly, who hope to retire next year, but have a risky investment portfolio and no plan. Read Robyn Thompson’s...
Robyn Thompson is regularly featured in The Toronto Star’s “Money Makeover” series by Deanne Gage. This month, Money Makeover takes a look at Janaya and Richard, an affluent couple with two young children. But they have a low-performance investment portfolio with a...
Know the rules before you sign on the dotted line If you’ve been shopping for a mortgage for your new home, you probably have run across something called a “stress test.” It raises the bar on your financial health a lot higher before you can qualify for a mortgage...
A source of funds for first-time home buyers Looking for a source of funds as a down payment on your first home? If you have a good chunk of money sitting in your Registered Retirement Savings Plan (RRSP), you may be eligible to use some of it towards the purchase...