One silver lining in the COVID lockdown earlier this year is that it significantly improved our finances.Most of the headlines on personal finance in recent …
[Read more...] about Personal Debt Falling Due to COVID Lockdown
Finance
![pexels-photo-1602726[1]](https://mynewsroom.ca/wp-content/uploads/2020/04/pexels-photo-16027261-300x400.jpeg)
Less to spend, more to save
It is something of a return to the good old days.Forty years ago, the average Canadian put roughly 20 per cent of their monthly paycheque into savings. In …
Regulating Financial Planning
Handing out financial advice in this province now requires some training.It may sound funny that this might be news but the province has enacted legislation …
![pexels-photo-3768898[1]](https://mynewsroom.ca/wp-content/uploads/2020/06/pexels-photo-37688981-300x400.jpeg)
The Wealth Gap is Narrowing
The rich do get richer. But then, so does everyone else.It is easy to complain about those among us who seem to be doing better financially. It’s a …
![numbers-money-calculating-calculation[1]](https://mynewsroom.ca/wp-content/uploads/2020/06/numbers-money-calculating-calculation1-300x400.jpg)
Consumer’s Cooling to Debt
One of the by-products of the COVID pandemic is that we’re borrowing less.Anyone who has been in self-isolation or a lockdown knows that they are spending …
Necessity is the Mother of Action
There’s nothing like a crisis to open the door on new ideas. A good case in point comes from RBC Royal Bank which has been tracking how people over the age of …
