Learn about the factors to consider when deciding to apply for life insurance and understand why it's not solely dependent on age. Discover the importance of life insurance for those with dependents, mortgages, or financial responsibilities, and explore the differences between term life and permanent life insurance. Get insights into determining the appropriate coverage amount and the benefits of securing life insurance early.

Stay informed about the upcoming changes to Canada Pension Plan (CPP) and Employment Insurance (EI) contributions in 2023. Learn about the impact on your paycheck, cashflow, and retirement benefits, as well as the reasons behind these increases. Understand the new rates and maximum earnings thresholds for CPP and EI, and how they align with the broader plan for working Canadians.

Discover the intricacies of GIC rates in the current rising interest rate environment. Learn why shorter-term GICs offer higher yields compared to longer-term options and how an inverted yield curve is affecting the market. Find out how to strategically invest in GICs and explore the trade-offs between risk-free returns and long-term growth potential.

Understanding the Difference - Good Debt vs. Bad Debt: Learn the essentials of managing debt in the rising interest rate environment. Discover the types of debt, what classifies as good or bad, and how to strike a balance for a healthier financial future. Plus, get insights on debt-to-income ratio and what happens to debt after death in Canada.

The power of a Tax-Free Savings Account (TFSA) goes far beyond a simple savings account. With its range of investment options, a TFSA functions more like a tax-free investment account, allowing you to hold stocks, bonds, mutual funds, and more. Learn how to utilize TFSAs to maximize your savings and potentially save tens of thousands of dollars in taxes for retirement.

The effects of hyperinflation and rising interest rates are creating a double financial squeeze for consumers. Food prices have soared, with significant increases in the cost of fresh fruit, meat, and vegetables. As purchasing power erodes, budgets are strained, leaving individuals and businesses struggling to keep up. Learn how wages are falling behind inflation and the challenges faced by both borrowers and savers.