Personal Finance 101

Personal finance is the art of managing your money. How much to save, where to invest and how to budget. None of us are born knowing how to put together a smart, simple financial plan. That’s why we’re here.

Investing

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Investing

Investing 101: Investing Basics For Beginners

Want to invest like a pro? Learn the basics of investing from us and we'll have you on the road to investing in no time.

How the Stock Market Works

Losing sleep wondering how the stock market works? Today's your lucky day. We'll impart all you need to know to become a market pro in...

Active vs Passive Investing

Not sure of the difference between these two investment philosophies? Not for long you're not! We'll set you straight and even tell you...

Financial Advisors: How To Choose & The Cost

Find out exactly what a financial advisor does, what they cost, and why you might need one. We'll also give you our best advice...

How to Invest Money Wisely

All the fundamentals the beginning investor should know to make wise investment decisions. Find out how and where you should invest your...

Best Investing Strategies

There's no one-size-fits-all best investing strategy—everyone's needs and goals are different. But there are some basics that most...

Saving

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Saving

How to create a savings plan

Find out how to create a solid savings plan. Foolproof advice to help you get your nest egg started and plan for Future You.

How To Save Money - Top Saving Tips

You're wondering how to save money. It can be tough, but we have all the tips and tactics you need to get started saving money.

How to Save for a House

Advice, tips and tricks you need to save for your dream home. Find out how to save for a downpayment and a house itself.

What Is A Savings Account? And How Do They Work

Wondering what a savings account is? We'll explain what they are, how savings accounts work, how to open one and calculate the...

What is Wealthsimple Save?

It's a smarter way to save. Find out everything you need to know about Wealthsimple Save here.

How much cash should I keep as emergency savings?

The general rule of thumb is that you should have three to six months of expenses saved away.

Taxes

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Taxes

How to File Taxes Online for Free in Canada

Learn how to take advantage of the ease of paperless fee-free online filing, providers of which have multiplied over the last few...

Tax Brackets Canada 2021

So you know there are tax brackets in Canada—but what are they this year? Wonder no more; we've got you covered. Click here to learn...

Capital Gains Tax — Canada 2021

If you're hearing about capital gains and have a capital headache trying to figure it out — you've come to the right place. Here’s what...

The Ultimate Guide to T4 Slips

The T4 is the king of the jungle of tax slips. This quick guide will provide all the essential T4 info you’ll need about the famous T4...

A Guide To Form T2200

If you’re an employee and hope to deduct work expenses, you’ll absolutely need to your employer to provide Form T2200. This quick guide...

Crypto

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Crypto

What is Cryptocurrency?

Heard about cryptocurrencies but not sure what they are? We’ve got you covered with this introductory guide.

What is ethereum?

It's a computing platform primarily known as the means for transmitting the cryptocurrency called ether.

What is Bitcoin?

You’ve heard of Bitcoin. But what actually is it, and, more importantly, how to trade it?

Best Bitcoin Wallets in Canada | List & Guide | Wealthsimple

Bitcoin can be stored in online wallets or in physical hardware wallets. Each come with advantages and disadvantages. Here’s how...

Ethereum vs Bitcoin: The Difference

Ethereum and Bitcoin are the two largest cryptocurrencies in the world by market capitalization. Use this guide to figure out the...

How To Buy Bitcoin In Canada, Step By Step | Wealthsimple

Want to buy Bitcoin but not sure where to start? Pay attention: here’s everything you need to know about buying Bitcoin.

Accounts

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Accounts

What's a Roth IRA?

It's a retirement savings account that gives you tax breaks in the long-run.

What's a 401(k)?

A 401(k) is an employer sponsored and administered retirement savings plan.

Traditional IRA vs. Roth IRA

Understand the difference between a Traditional IRA and a Roth IRA and which makes the most sense for you to take advantage of.

Checking vs Savings Account

What's the difference between a savings and checking account — we compare them both and let you in on the pros and cons of each.

Money Market Account vs Savings Account

Stuck between choosing a money market account or a savings account. Find out exactly what they are and the difference between them.

Finance

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Finance

How to Make a Budget

It's never too late to learn one of the most essential life skills: making and sticking to a budget. Let us show you how to budget like a...

How to Switch Banks

If your current bank isn’t meeting your needs, it’s time for a change. These steps will teach you how to switch banks.

What’s a good credit score?

Here’s the simple, three-digit answer you’re likely seeking. Anything above 700 is considered a “good” credit score.

How To Make Money Online

Making extra money used to require working nights at the mall and spending your Saturday nights babysitting someone else’s kids. While...

The Ultimate Guide to Money Management

Managing your money is deceptively difficult. Even those with a lot of it can easily put themselves in a financial hole. And those who...

How to Prepare for a Recession

While we like to talk about “the economy” as if it’s a static entity, it’s actually more like a living, changing ecosystem. It...

Retirement

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Retirement

When Can I Retire?

Flummoxed about the exact age you should retire? This easily-followed guide will provide you with all the factors you'll need to take into...

How to save for retirement

There are a variety of great IRS-backed retirement savings plans: 401k, IRA, Roth IRA, and SEP IRA.

How to Retire at 50

Done with being a working stiff and ready to let loose as a spry young retiree? We've got your guide to retiring early. Really early.

Retirement Strategies

Retirement can be your second childhood — but hopefully with a lot more money. We've got a few helpful financial strategies to keep your...

How to Retire Early

Done with being a working stiff and ready to let loose as a spry young retiree? We've got your guide to retiring early. Really early.

Financial Independence Retire Early

Financial Independence Retire Early (FIRE) is becoming increasingly popular among millennials who want to leave the rat race of normal...

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Investing

How to Invest in Index Funds

Index funds function like a slice of a particular index market by mirroring its composition and performance. This can be great for passive investors, but also comes with some caveats.

Taxes

What should I do with my tax refund?

We recommend investing it!

Accounts

What's a 401(k)?

A 401(k) is an employer sponsored and administered retirement savings plan.

Accounts

2019 Roth IRA Rules

Trying to get your head around IRA rules? When it comes to IRA contribution, withdrawal and taxation rules we've got you covered.

Retirement

What is a Qualified Retirement Plan?

Wondering about the nitty-gritty of your retirement plan options? Find out more about qualified retirement plans here.

Finance

When can and should I write my will?

You can start at 18. When you should start depends on a few things.

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