Money lessons for kids – Ask a Vancouver Mortgage Broker

Money lessons for kids – Friday, August 23, 2013 It’s that time of year again. With summer winding down and vacations coming to an end, many families are getting ready for the back-to-school season.For kids, this means settling back into the school routine — and for many parents, it means back-to-school shopping.These shopping excursions are a […]

What your parents didn’t teach you about money – Vancouver Mortgage Broker

Let’s face it, Baby Boomers haven’t set the greatest example for those who are just starting out. By Gail Vaz-Oxlade | Online only As I crossed the country earlier this year promoting my latest book, Money Rules, I spoke with thousands of university and college students about what it takes to not make the mistakes their parents made. Let’s […]

7 Characteristics of Debt-Free People – Consult with a Vancouver Mortgage Broker

By Dave Ramsey Family #1 manages to pay off $40,000 in debt in two years on a $35,000 annual income. Family #2 makes $100,000 a year but can’t seem to make the slightest dent in the same amount of debt. Why is that? Obviously, the second family has a spending problem. They make plenty of […]

Are You Using Your Home for your Retirement Income? – Ask a Vancouver Mortgage Broker

Are You Using Your Home for your Retirement Income Many people who bought a home use to expect that they would pay off their mortgage before they retired and would apply that equity to fund their retirement. Surprisingly, for many people, especially for those who are in the 50 plus age bracket, this is not going to […]

Online resources to help you save

Online resources to help you save Here are a few places to start in your search for online information that will help you become a better saver and smart spender. By: Adam Mayers Personal Finance Editor, Published on Sun Mar 03 2013 In the Internet age, information is at your fingertips in a nanosecond. It took Google less […]

Will you fund your retirement through home equity? – Consult with a Vancouver Mortgage Broker

Will you fund your retirement through home equity? Are you one of the many Canadians who did not make a contribution to your RRSP ahead of the March 1 deadline? Is it because you are bogged down by other debt, perhaps a hefty mortgage? While it’s become harder for first-time home buyers to get into […]

The coffee factor: Balancing saving and spending- Ask a Vancouver Mortgage Broker

The coffee factor: Balancing saving and spending By Ellen Roseman | Tue Jan 08 2013 ve for tomorrow? How do you balance small pleasures with big investments? Earlier this week, I wrote about millionaire Kevin O’Leary’s advice to stop buying coffee, lunches, magazines and cigarettes. If you cut spending and invest the difference, you can be […]

Think before gifting down payment on kids’ home

With high real estate prices and tighter mortgage lending rules, it can be tough for first-time homebuyers to get into the market. Many new homebuyers look to parents for help, and many boomers and soon-to-be retirees are quick to help out by offering the down payment. Is this a good strategy? Many years ago, when […]

Are you shopping for a home?

Are you trying to navigate Canada’s red-hot real estate market, sick of renting and on the prowl for a home to call your own? On May 1st, Globe Investor launched a new month-long Home Buying site, packed with stories, videos and expert opinions to help readers make what for many will be the biggest financial decision […]

CHILTON TAKES A SWIPE AT REVERSE MORTGAGES

The list of detractors of reverse mortgage has another name added to it: David Chilton, otherwise known as ‘the wealthy barber’, after the title of this famous book on personal finance. At a speaking engagement Thursday night in Scarborough, Ont., Chilton discussed various mistakes people make while managing their financial affairs. Taking out reverse mortgage, […]

Next Page »