Tag Archives: interest rates

Interest Rates on the Rise, Lock in a Rate to Start Saving

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For any Canadian on the search for a house right now, the chances of saving money are slowly slipping away if they do not move quickly.
We have recently received notice that the Bank of Canada has no longer any reason to uphold its commitment to keep the overnight rate at the all time low of [...]

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Saving on Bank “Convenience Fees”

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I have spoken about different ways you can save money, however one important method I have yet to mention was how to save money on your banking fees.
If you examine your bank account closely, you will find yourself paying quite a bit on bank fees, or what some might call it “convenience fees”.
The “convenience fees” [...]

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How Much Should I Spend on Debt Repayment?

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Last week I asked how much I should spend on housing. I showed that while I am currently spending about 60% of my income, it is recommend I spend around a third, and my ideal is to be paying around a quarter. What about debt repayment? How much of my net income should I spend [...]

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How to Set Up an Online Savings Account

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By the end of this post you’ll have the chance to earn yourself $13. If you read my last personal finance post, I promised you that you could save $100 by the end of the month. All you have to do is read my blog and follow some simple and easy ways to save money. [...]

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