In the past it was generally thought to be 65, the age most would retire at.  Now there is no single point at which one becomes old.  In a society of living longer, working longer and now being healthier than ever before, there is no real single age at which one becomes old.  In fact, normal aging is not really felt until after age 75 for most Canadians.  [...]

Have you been dreaming about building your own home? Many do, especially those that are nearing retirement and considering building their dream home with all the features and upgrades that they have always wanted. Or maybe you want to renovate your current home to make it more suitable to your changing lifestyle. Whatever the case, how do you make this happen when you are seeking a "Construction Loan" [...]

Let's look at a new car purchase under $35,000 Unlike the previous scenario we are going to put down $4,500.00 when we purchase or lease and have choosen a financing term of 4 years.  Again, the finance payment is higher when compared to the lease payment, however at the end of the 4 years – you own the car!  If you plan on keeping the vehicle for many [...]

According to the Canadian Car Dealers Association about 60% of buyers lease their vehicles leaving the other 40% of buyers either financing or paying cash.  This is a very large ticket item for Canadians to purchase so here we are providing a comparison of leasing vs financing – what is better? In this scenario we are not putting any money down and although we could choose a longer [...]