Category: Financial Education
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Beneficiary of inheritance: What to do, Pay debts
Read more »: Beneficiary of inheritance: What to do, Pay debtsCanadian retirees are in the midst of the most significant intergenerational wealth transfer ever. As of 2012, the percentage of Canadian families who received inheritance stood at approximately 28% across all provinces in the country. Moreover, this number is only expected to grow. By 2030, an estimated $1 trillion will have changed hands in the…
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Return On Investments in Canada
Read more »: Return On Investments in CanadaWhat is ROI ? Return On Investment (ROI) is the measurement of how profitable an investment is. An ROI calculation should help evaluate the efficiency of an investment. By comparing how much you put into an investment versus what you earned from it, you can assess performance. Every investor invests with one specific goal in…
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Personal Balance Sheet
Read more »: Personal Balance SheetWhat is a personal balance sheet? A personal balance sheet Also referred to as a personal financial statement, a personal balance sheet is a document that outlines an individual’s personal financial position at a given time, detailing the liabilities, assets. Do you know your net worth? Find out your worth by creating a personal balance…
