What Is a Self-Employed Mortgage? A self-employed mortgage is a personal mortgage that is open to self-employed applicants. Some lenders may have a dedicated product for self-employed clients, but in ...

Tom Drake is the consumer and credit expert at Retire Happy, sharing his knowledge on the best ways to get the most for your money. Whether it's credit cards, banking products, or travel tips, Tom ...

If you have a mortgage, having ample life insurance coverage is critical for protecting your family and home. But there is more than one way to purchase life insurance that protects what is likely ...

What Is a Lump Sum Payment? A lump sum payment is a single payment made at one time instead of smaller payments spread out over time. Lump sum payments can occur in various financial situations, such ...

Canadians love earning credit card reward points, but most premium credit cards include a wide range of other free benefits, such as travel insurance, airport lounge access, etc.. Some credit card ...

Whether it’s through credit cards or retail store programs, Canadians use loyalty rewards to earn discounts on everything from travel to groceries to gasoline. Sometimes, you can earn bonus points by ...

RRSP Vs. RRIF: What’s the Difference? RRSPs and RRIFs have some similarities. Both are tax-deferred retirement accounts and allow you to assign beneficiaries, you must pay withholding tax on ...

By co-signing a mortgage in Canada, you can help a child or other close family member who may be having difficulty obtaining a mortgage on their own.. However, there are risks associated with ...

The First Home Savings Account (FHSA) is the best new financial tool/account to be introduced since the introduction of the Tax-Free Savings Account (TFSA) back in 2009.. The FHSA is designed for a ...

When you need to borrow money, your lender may present you with the choice between a loan or a line of credit. While both credit products can accomplish the same goal, they have several differences, ...

Each year, thousands of Canadians scramble to make a last-minute RRSP contribution before the deadline. If that’s you, here is everything you need to know about your RRSP contribution, starting with ...

Colin Graves is the Managing Editor at Retire Happy. With more than 24 years of experience with a Big Five financial institution, he was responsible for managing books of business in excess of $1 ...