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'An underlying epidemic': Elder financial abuse on the rise as population ages

'An underlying epidemic': Elder financial abuse on the rise as population ages

As Canada's population ages, it's been estimated that over $1.1 trillion in assets is on the move from baby boomers to gen X and millennials as part of "the great wealth transfer.
Want to crush your debt? Financial experts suggest trying a money crash diet

Want to crush your debt? Financial experts suggest trying a money crash diet

Crash diets are extreme and unhealthy, but the financial version might actually make sense. Scott Terrio recommends them to his clients sometimes, as manager of consumer insolvency for Hoyes, Michalos & Associates Licensed Insolvency Trustees.
Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

TORONTO — Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.
Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment

Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment

Being mortgage free can seem like a distant goal when the outstanding balance is in the hundreds of thousands of dollars and most of your regular payments are going toward paying interest.
Think you can't negotiate work benefits? You can if you get creative, experts say

Think you can't negotiate work benefits? You can if you get creative, experts say

Not all workplace benefits plans are created equal. Experts say it's important to understand what's in the plan before signing a contract at a new job, and whether there's room to negotiate some extra perks better tailored to your life.
Are solar panels worth the investment? Yes — usually — but it depends where you live

Are solar panels worth the investment? Yes — usually — but it depends where you live

MONTREAL — When she looked into installing solar panels on her roof, Heather McDiarmid came across an unexpected hitch.
Equifax report says 1.4M consumers missed a credit payment in Q1

Equifax report says 1.4M consumers missed a credit payment in Q1

There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.
Ready to buy a home? What experts say many buyers forget to consider first

Ready to buy a home? What experts say many buyers forget to consider first

A down payment is a big step for homebuyers, but definitely not the only one. As a realtor in the Halifax market, Sandra Pike estimates less than half of buyers she sees are actually ready to buy a home.
'Winging it is not a plan': How to shore up your finances in uncertain times

'Winging it is not a plan': How to shore up your finances in uncertain times

A myriad of challenges have been plaguing Canadians' personal finances, from the high cost of living to the global trade war that has roiled markets and the economy.
S&P/TSX composite down more than 200 points, U.S. markets fall amid debt worries

S&P/TSX composite down more than 200 points, U.S. markets fall amid debt worries

Canada’s main stock index took its biggest tumble in nearly six weeks on Wednesday, while American markets fell even harder under pressure from rising U.S. Treasury yields amid worries about the U.S. government's spiralling debt.
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