Blogs

While scrolling through your Facebook or Instagram accounts, you may have come across the popular hashtag #VanLife. 

Wealthsimple's recent Money Diaries article features a 67-year-old woman who decided to live the nomad life. She discusses the ups-and-downs of living on the road, and balancing her budget. 

Its a story of hardships and miracles, all while trying to start a savings account. 

For the full story, click HERE. 

Odds are you've heard of a TFSA before, whether it was brought up to you at your bank, you read it on a billboard, or from your uncle who just keeps pestering you to open one. But alot of Canadians still don't fully know what it is. 

As it is a question I get quite a bit, I wanted to provide a bit of insight into the world of TFSAs (Tax Free Savings Account), and help demystify them a bit.  

For most people, Crocs have never been been considered the most fashionable style choice. But with shares in Crocs being up over 12% YTD (as of October 11th, 2019), it seems 'ugly' is the new cool. But this begs the question, "Who is buying them?" Accordng to reporting done by CNBC, Crocs are the 13th most popular footwear choice by average income US teenagers. So it seems the brand once synonymous with poorly dressed Dads and Uncles, is being giving a new lease on life by a new generation. 

Margaret Atwood, the bestselling author of The Handmaid's Tale, spoke with Wealthsimple on her views on money and the role its played in her life. 

To quote Ms. Atwood, "Money is a symbol. For me, if you want to sum it up, it means self-reliance." 

Please find the full article HERE. 

One of the main questions we get a lot is, "Can I withdraw from my RRSP to buy a house?" Well, if you are a first-time homebuyer, then the answer is Yes. 

Taking advantage of the First Time Home Buyers Plan is one of two ways (the other being for education (if you want more info on that let us know)) you can withdraw money from your RRSP tax-free prior to retirement.