Tag Archives: budget

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- Masters of Money

Raising Financially Literate Children

From a very early age, my parents talked to my siblings and I about money. We helped my mother count money at the grocery store, my father took us to the bank machine and we were only given allowances if we showed my parents a “budget,” which included giving, saving and spending. MORE

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- Masters of Money

Bills and Babies

Does it feel like it might be time to start your family? There are many things you can do to financially prepare for your little bundle of joy. MORE

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- Masters of Money

The Deal with Mortgages: Part 1

There are several elements to consider in a mortgage. The amortization period is how long it will take to pay off the total loan, which typically ranges from 5 to 25 years; most Canadians finance their homes for 25 years. MORE

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- Masters of Money

3 Examples of How a Financial Professional Can Help You Regardless of Your Financial Situation

Oh, the investment industry loves rich people. L-O-V-E-S them. Many fees in the investing world are applied as a percentage of the amount of money in a client’s account. MORE

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- Masters of Money

Is a Down Payment Worth the Budget Sacrifice?

Saving for a down payment is a huge financial burden, especially when there are so many other priorities for your money. I know first-hand what a challenge it can be; while I was plugging away at my down payment, I also had to pay my way through $40,000 in tuition and schooling expenses. To say I was financially “stressed” over those four years would be an understatement. MORE

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