Over the past 20 years we have seen a shift in grandparents attitudes from their children to their grandchildren. Grandparents are now tired of helping out their children financially and emotionally and are shifting their time, emotions and finances to their grandchildren. The emerging trend seems to be creating what we call “Grandparents Legacy.” Read more
Why belong to a credit union?
Ever had one of those dreams where you’re trying to get somewhere but stay stuck in one place? Banking at a traditional financial institution can feel just like that. Big plans and best intentions tend to count for little if you don’t have deep pockets, even if you have a responsible track record. That’s because banks are in the business of making a profit for their shareholders, while credit unions are focused on the financial security of their members. Read more
We’ve all been there. Standing. Waiting. Shifting our weight from our left to our right and then back again. Sighing. Checking our watch. What’s the hold up? Lineups at the grocery store can be the worst can’t they? It’s so annoying to be stuck in a line where someone is arguing the cost of an item and you’re waiting for an employee to go check the price on ice cream at the back of the store because someone wants to save fifty cents. Lady, I’ll give you fifty cents so we can get this line moving and I can go home.
Though I have been working at the credit union for 5 (just about 6) years now, I don’t know everything about finance, in fact, I know very little. I am only 24 and have never had a mortgage, haven’t dabbled in TFSA’s or GIC’s much, and retirement savings is not top of mind. Read more
If you haven’t seen your credit report in the past year, you should do so now. There are several easy, free ways to get a look at the information kept on you by the major credit bureaus, and one great place to start your search. Read more