What Does Your Mortgage Truly Cost You?Your mortgage payment is comprised of both an interest and a principal component – in other words out of each mortgage payment you make, some goes to interest and some to reduce principal. Further, before you can make that mortgage payment, you have to pay tax. This is what makes a mortgage so terribly expensive. To see how much your current mortgage will cost you, please fill out the below fields. WARNING: You may not like the answer! Learn More
The authors show you how to use other people’s money with innovative strategies to invest in real estate and increase your net worth. Buy and flip or hold investment properties for the long-term.
Tom Drake is one of Canada’s better-known personal finance bloggers. On his site you can learn about the various types of credit cards (cashback, student, no-fee, etc), various types of investment channels such as robo-advisors and discount brokerages and how to make, save, invest and spend money...wisely. Tons of podcast interviews with personal finance specialists.
A good number of Canada’s brightest personal finance freelancers provide content for the MoneySense site and you can find information on anything from RRSP’s and TFSA’s to dividend investing to retirement advice and case studies.
Budgeting, saving, credit (debt and scores), identity theft...a wide range of resources for learning the basics of personal finance. Almost anything you would care to learn about money.