Blog

Financial Help For Vancouverites in 2021

Financial Help for Vancouverites


It’s no surprise that 2020 and 2021 have both brought significant financial challenges for individuals, families, and businesses alike in Vancouver (Especially in the Lower Mainland area). In fact, British Columbia could be facing a deficit of $12.5 billion.

According to the latest Impact Pulse Survey of Vancouver businesses, 75 percent of respondents reported challenges in attracting revenue or customers. Approximately 30 percent reported not having enough cash to …

Continue reading...

Using the Art of Kakeibo to Save Money

The act of spending has become effortless. Debit cards, credit cards, online shopping, PayPal, Apple Pay, and money transfer apps like "Venmo" have made it easy to spend money in an instant.

Plus without having to physically hand over your cash or even open up your bank statement, it’s become quite easy to lose sight of how much you are actually spending.

However, spending wisely is intricately connected to saving …

Continue reading...

How to Make Your Money Work For You

You’ve got a steady job, you can pay your bills on time, and maybe you can even start hiding a little bit away into a savings account—but is your savings account really growing? Isn’t there a better way to build your financial health? After all, making money is just the first piece of the puzzle.

For many people, knowing what to do with it afterwards (and how to make their …

Continue reading...

Does Saving Money Really Work ?

Simply put, saving money is hard. Just meeting your monthly bills can be challenging enough, and it’s tempting to put extra cash towards fun things, like a day out with friends or for a date night. Getting into a consistent habit of saving takes dedication and it can certainly be stressful. Especially if you don't know how to reduce your taxes and if you’re already tight on budget.

Even …

Continue reading...

Are Payday Loans Quick to Process?

This article is part of our Finance Hub.

Chances are, if you’re thinking about getting a payday loan, you need money as quickly as possible. Every second spent waiting for a loan to be accepted and processed is a second closer to an overdraft fee, a bounced check, late rent payment, cancelled utility service—the list goes on!

Time is often essential when it comes to your personal finances, …

Continue reading...

Building an Emergency Fund on a Tight Budget

The existence of a healthy emergency fund is absolutely paramount for any adult. Unexpected expenses and occurrences happen all the time, often when people least expect them. A plentiful emergency fund can, and often does, determine whether or not an individual or family is ruined by financial hardship or able to foot the unexpected bill. Despite the importance of an emergency fund, not everyone has one. One of the most …

Continue reading...

Comparing & Contrasting a Roth IRA vs. 401K

At some point, many individuals will become serious about saving money and putting aside funds for retirement. This often, in turn, prompts the opening of various retirement savings accounts. At this point, Roth IRAs and 401Ks are some of the most popular options. However, these two accounts are not the same, by any means, and should not be treated as such. Some people are better suited for 401Ks while …

Continue reading...

How to Financially Prepare to Leave Your Parents' Home

As the cost of living becomes more and more expensive, many young adults are living at home with their parents or other relatives. However, many people reach a point and time where they wish to live on their own. This is quite understandable and to be expected; however, leaving home and venturing out into the real world requires serious, calculated preparation. This is not something which should be done carelessly …

Continue reading...

How to Financially Prepare for a Recession

Nobody likes to think about recessions and all the havoc which they can bring upon a society and to the economy. Nevertheless, many people have lived through and experienced the plights of recessions. Although they take a toll on virtually everyone, members of society who are most vulnerable and least prepared tend to suffer on considerably higher levels. This is what makes financial preparation so absolutely paramount. Failure to plan …

Continue reading...

Financial Advice for Immigrants

Many individuals who immigrate to various countries have experiences and journies which differ from natives. This is not to say that immigrants cannot be successful and prosperous; however, the playing field is somewhat different. Having the right information and the proper financial awareness always comes in handy. There have been countless immigrants who have been successful in their lives and endeavors after moving to new countries. The following financial advice …

Continue reading...