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Category: Spending
What Students Should Know When Getting Their First Credit Card
Starting out as a new post-secondary student is often an exciting time of personal growth and development, an opportunity to step outside your comfort zone and encounter new ideas and experiences. Along with that sense of adventure and growth, there also tends to be increased responsibility, especially when it comes to money. To help make [...]
5 Budgeting Tips for the Holiday Season
There’s no time of year like the holidays to put pressure on our personal finances. At times, our expenses feel as though they’re being stretched in several directions all at once, fuelled by spending on gifts, socializing, dining, drinks, and travel. This year, instead of stressing about your holiday spending, do yourself a favour and [...]
What to Know About Buy Now, Pay Later Services
If you’ve purchased anything online in the last little while, you’ve probably noticed an option to use a third-party service that lets you settle your bill in a series of smaller payments without charging you any interest. These ‘buy now, pay later’ (BNPL) services have been surging in popularity, especially among younger shoppers. A few [...]
Cash Back or Travel Rewards: Which One is Right for You?
Everyone likes getting something in return for their spending. But when it comes to rewards, it’s easy to stir debate by asking whether cash back credit cards are better than travel rewards cards. Unfortunately, there isn’t one definitively correct answer to this common question – it’s just not as simple as saying ‘People who like [...]
How to Adjust to Increased Grocery Prices
Canadians are paying more to put food on our tables these days, and the COVID-19 pandemic is a big reason why. According to The Canadian Press, recent price increases mean the average family will spend $695 more on groceries in 2021 than in 2020, boosting their annual bill to almost $14,000. The pandemic has disrupted supply [...]
How to Recover from Holiday Overspending
If you’re not feeling the January Blues just yet, you might be after opening up your next credit card statement and discovering how much all those holiday purchases added up to. It can be hard to have your best-laid budgeting plans blow up in the last few weeks of the year. But for many of [...]
How to Manage Your Holiday Spending
For some people, holiday spending can be hard to control. Whether it’s piles of gifts, plenty of food and drinks, pricey travel costs, or maybe a few new outfits, there are always lots of ways to rack up a big holiday tab in a hurry. With the COVID-19 pandemic still disrupting daily life, this year’s [...]
Budget-Friendly Activities to Do in the Fall
Fall is officially here! Although the global pandemic may be limiting us when it comes to activities and travel during this time, there are still plenty of safe and cost-effective things you and your family can do to stay entertained! To help plan a fun fall outing that's both entertaining for the whole family and budget-friendly, we've [...]
Cash, debit, or credit. How should you pay?
Can’t decide between using cash, credit, or debit when making everyday purchases? Although it may seem like a simple choice, each comes with specific rewards and perks that could benefit you in the long run. Here is a breakdown of each method of payment to determine which is best for you. Cash As society becomes [...]
The Value of Contactless Debit Cards
Technology is ever evolving. One of the major recent advances in banking is contactless payments, which allow for consumers to have quick and convenient transactions. Compatibility between contactless cards and smartphone technologies now allows digital uploads of client cards, eliminating the need for consumers to carry physical cards. If you’re looking for ways to add [...]
Should you use a money management app?
Creating a monthly budget and sticking to it is already daunting but coupled with a global pandemic like COVID-19, many Canadians are feeling extra anxiety about their finances. Luckily, budgeting and setting financial goals has gotten easier with the recent popularity of money management apps. These applications have earned rave reviews for their strategies and [...]
Creative Gift Ideas from Credit Unions
Looking to give something a little different this holiday season? Maybe you’re interested in teaching some lessons about financial literacy or helping to fund someone’s future. Instead of putting another box under the tree, try standing out from the crowd by giving a great gift from your local credit union. Here’s a look at a [...]
7 Financial Tips for a Stress-free Vacation
Your trip is paid for and your suitcase is packed. Have you forgotten something? Probably! Preparing for a vacation is stressful. To take the pressure off, we’ve gathered a few tips on how to take care of money matters to avoid surprises during your getaway. 1. Take two credit cards and some cash in local [...]
Summer is coming. Time to plan your vacation.
The way wintry weather has been lingering it might be hard to believe that summer is just weeks away, so now is the time to get serious about planning your summer vacation. Timing is Everything Once you have decided where you will be going the most important decision is when. It is important to pick dates that will [...]