Toronto Star business reporter Madhavi Acharya-Tom Yew is a mom on a mission.
My husband and I will do that by starting an automatic savings plan and making extra payments to our mortgage.
Related: How to balance financial priorities
It won’t be easy. Since we’re planning to buy a house in the coming months, we’re poised to take on a boatload of mortgage debt.When it comes to saving for retirement, don’t procrastinate. Your 40s are a critical decade for building a nest egg. “The longer you’re contributing, even a little bit, the better off you are,” she said.
Also read:
Thousands of Canadians file their taxes late. Be prepared to pay hefty penalties and to lose some government benefits if you do.
Madhavi Acharya-Tom Yew traded off a larger down payment for our house to pay off credit cards and a car loan. Here's why:
There's a growing preference among customers for unlimited chequing accounts. We look at what they offer.
This week’s Money Manners looks at what to do when a sibling’s child take’s advantage of a family farm.
More Money Manners
This week’s Fame & Fortune looks at BNN host Michael Hainsworth who wishes he had learned money lessons sooner.
More Fame & Fortune
Moneyville calculators are easy to understand and use. They’ll help you make the best choices when it comes to saving and spending.