Upselling essentially means that your bank may offer you a higher end product like a ‘premium savings account’ rather than one you have or request like a ’basic savings account’. If the premium account, with fees, has features you need, this may work for you, if not, fees are funds lost to you. Bank upselling […]
Do Not Be a Passive Saver: How to Save More Money
Recently, THE Business News Network (BNN) reported that Canada Savings Bonds would no longer be offered for investments. These bonds have been in operation since 1946, but they are not competitive compared to other savings options. While mortgage rates are hiking up quarterly, savings rates seem stagnant. An avid saver (or even one new to […]
First-Time Homebuyers Tips
Purchasing and owning a house has always been a key dream for most Canadians. Unfortunately, with real estate prices skyrocketing in many major Canadian cities, you, more than ever, need to carefully consider what you can realistically afford to buy. In deciding if and how much to invest in a new home, several factors may […]