Credit cards, contrary to popular belief, are not a necessity. It is perfectly feasible to go through life without a credit card – but few are cash rich enough to do so and building credit is difficult without some kind of revolving credit in your history. Not to mention that making online purchases and accruing…
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Have an old bank account that you never actually closed? Or maybe a relative died and you’re unsure if all their accounts were located to be given to those mentioned in their will? Luckily there is a simple way to search for money left in unclaimed bank accounts. Canadian banks will hold the balance on…
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Welcome to The Canadian Finance Blog and the 21st edition of the Best of Money Carnival! We had some great submissions and these are the top 10 articles for the week. While you’re here, consider signing up for the RSS feed or email subscription. Both deliver the latest articles directly to you everyday! Have a…
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Every Friday at The Canadian Finance Blog we look at ten of the best posts for that week from many great bloggers. To wrap up Baby Week I wanted to do something slightly different. These are the best all-time baby and child raising posts that I found and since there were so many great articles,…
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With a baby on the way, who has time for saving? There are medical bills, costs for outfitting the baby’s room, and expenses for diapers, clothing, and food that can leave you with little time, not to mention money to prepare financially for your little one’s arrival. If you are considering the financial ramifications of…
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In Canada, maternity benefits are paid to the mother for a maximum of 15 weeks, then there are additional parental benefits. Paternal benefits are available to either parent, or split between them, to a combined maximum of 35 weeks. So if the father remains at work, the mother could receive 50 weeks of payments. The…
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When we first decided to have a baby, the first financial thought that came to me was how much would it cost to raise a child? Looking online, I found a lot of simple answers like “It will cost your $300,000 to raise a child”, but that didn’t seem detailed enough to truly see how…
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