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Personal Finance

Featured:

Book Excerpt
David Trahair.

Forget RRSPs until your debt is paid off

Each year you are in debt, real cash is being drained from your bank account and interest is being compounded on it 6:14 PM EST |

Home Cents
Consumers have tightened their belts

I need financial therapy

Do normal people have panic attacks at cash registers, asks personal finance blogger Chaya Cooperberg Feb 11, 2010 4:42PM EST |

Personal Finance Reader

Love is a four-letter word. So is RRSP

iStockPhoto - ROYALTY-FREE Nerd Love - 'I like your sequins...' Credit: Ryan Lane/iStockPhoto Heterosexual Couple Valentine's Day Valentine Card Nerd Humor Men Women Young Men Young Women Sweater Vest Bow Tie Horn Rimmed Glasses Glasses Embarrassment Cheerful Happiness Love Shy Flirting Dating Teenage Couple Sequin Smiling Couple Desire Heart Shape pink heart Asking Giving

This week's edition has tips for RRSPs as well as a roundup of personal finance advice related to Valentine’s Day Feb 12, 2010 12:03PM EST |

Real Estate

It's not the mortgages, it's the borrowers

Debt ball and chain. iStockphoto

A one-size-fits all tweak to lending rules isn't the answer; the industry needs to focus on ability to pay Feb 12, 2010 3:04AM EST |

Personal Finance Forum

Tell Angela Self

What triggers money fights in your house? Is it varying debt or income levels, joint versus separate bank accounts, or who pays for what? Share your stories - and your tips - on how to strike financial harmony on the homefront. Feb 04, 2010 1:21PM EST

Savings Rate & GIC Comparison Tool

Bank or Trust Interest Rate Minimum Deposit Features
Ally 1.75% $1 No-Penalty option, no fees, daily compounded interest.
Ally 1.75% $1 No-Penalty option, no fees, daily compounded interest.
ING Direct 1.25% $1  
State Bank of India (C) 1.25% $2,000  
ResMor Trust 1.25% $5,000  

Rates are provided by Cannex as of Feb 12, 2010. They reflect the top rates from the institutions selected, however specific features may vary, so see each institution for product details. Features are sponsored. Projected earnings are calculated by Globe Investor to reflect the payments over the whole term of the GIC.
See full listings for all financial institutions
Bank or Trust Interest Rate Minimum Deposit Interest Earned
Ally 1.75% $1 $87.50
Ally 1.75% $1 $88.27
ING Direct 1.25% $1 $62.50
State Bank of India (C) 1.25% $2,000 $62.50
ResMor Trust 1.25% $5,000 $62.50

Rates are provided by Cannex as of Feb 12, 2010. They reflect the top rates from the institutions selected, however specific features may vary, so see each institution for product details. Features are sponsored. Projected earnings are calculated by Globe Investor to reflect the payments over the whole term of the GIC.
See full listings for all financial institutions

Commentary

Earlier discussion

Thinking of moving to the U.S. or Canada?

Snowbirds, travellers... Cross-border financial adviser and author Terry Ritchie took your questions Feb 11, 2010 1:11PM EST |

Wealthy Barber

Common investing errors

Barber shop poll. iStockphoto

Author David Chilton explains how to avoid high mutual fund fees in our Let's Talk Investing video Feb 11, 2010 6:35PM EST |

Investor Clinic

Don't suffer the high cost of investing

John Heinzl's tips on ways to cut your investing costs and get the best results Feb 12, 2010 10:24AM EST |

Made your move yet?

Have you made your RRSP contribution?

Results & Past Polls

Household Finances

Home Cents

Beware the pitfalls of a rental property

Some tips for homeowners and buyers from Chaya Cooperberg Feb 09, 2010 11:45AM EST

Technology

Ready to bank on your smart phone?

Mobile banking has been slow to catch on in Canada, but experts say it won't be long before the service is more popular than online banking Feb 09, 2010 4:07AM EST |

Personal Finance Tips

Get a sweet deal on Valentine's Day

With spiking household debt and flagging consumer confidence, is it time to skip the Hallmark holiday? Feb 08, 2010 2:20PM EST |

Home Cents

Help for choosing the right credit card

The FCAC is warning consumers to be careful of promotional rates offered by many credit card institutions, says Chaya Cooperberg Feb 08, 2010 10:28AM EST

Discussions on Personal Finance

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Mortgages & Retirement

RRSP Report 2010

Use new wealth to boost your RRSP

A man glances at a Ferrari sports car while visiting businesses that cater to high-end luxury item consumers along Rodeo Drive on December 14, 2007 in Beverly Hills, California. In the midst of the biggest selling season of the year, retailers for America's richest consumers are losing their least-affluent customers, those who buy luxury items only when they have the cash to spend, while the richest continue buying designer merchandise at a healthy clip. Masking the extent of the decline could be the weakened US dollar which has increased the flow of foreign tourists shopping in major US cities. (Photo by David McNew/Getty Images)

A windfall provides opportunities to reassess financial goals Feb 12, 2010 10:51AM EST |

Tax Matters

Unlock locked-in money for greater flexibility

Seniors, take note: You can work with the maximum withdrawal limit on your pension savings, writes Tim Cestnick Feb 12, 2010 3:04AM EST |

RRSP Report 2010

Twelve funds for your RRSP and TFSA

File #: 8373881 Stock chart Market Analyze on lcd screen pen pointing at a business graph Credit: iStockphoto (Royalty-Free) Keywords: Graph, Moving Down, Stock Market Data, Financial Occupation, Stock Market, Chart, Moving Up, Finance

Rob Carrick sifted through more than 11,000 mutual funds and ETFs to come up with a dozen options worthy of consideration Feb 12, 2010 10:24AM EST |

Earlier discussion

CREA President took your questions on MLS and the housing market

Dale Ripplinger of the Canadian Real Estate Association and real estate reporter Steve Ladurantaye took reader questions Feb 09, 2010 6:10PM EST |

Special Series


Our new Building Blocks series will take a young family through the A to Z's of handling their money.

Building Blocks Video

Teach your kids about money

In this video, personal finance blogger Chaya Cooperberg shows us how save, spend and share jars can help young minds with financial literacy Jan 05, 2010 3:36PM EST |

Earlier discussion

Do you have a family budget?

With the holiday spending spree over, personal finance blogger Chaya Cooperberg answered your questions Jan 12, 2010 9:44AM EST |

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