Your Money

OTTAWA — The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.

Adopting a pet can enrich your life in countless ways, but it's important to budget properly for costs now and in the future. Most people researching and budgeting for a new pet typically view food and vet costs as the two main expenses.

You're a few weeks into your new job and payday has arrived. But reading your first paystub, it's a little unclear what all of these deductions mean. After all, the exact amount of your biweekly direct deposit never came up in the interview process.

Whether it's to travel the world or just take a breather before moving on to the next chapter, students sometimes pause their educational pursuits for a so-called gap year.

In a new survey from TD Bank, nearly half of Canadian students say they are unable to adequately cover basic needs such as food and housing. The online poll found 45 per cent of those surveyed say the cannot cover their basic needs.

It was the early '90s and Laura Ashley flower prints were hot.

Exchange-traded funds have become wildly popular among investors, particularly young people who use do-it-yourself investing platforms that can auto-invest client money in ETFs.

When a high-flying stock seems out of reach for investors with limited cash, fractional trading can help fulfil that dream of owning a piece of the company — one small portion at a time.

One student had reached 49 “coffee chats” — brief meetings with industry contacts — with nothing to show for it.

Workers in industries that experience typical slow periods during the year might be faced with a seasonal layoff from their employer. But experts say workers should know the risks before signing up to be laid off temporarily.