Category Archives: Finance

Move from big city to small town means a step up in work-life balance

Aminah Haghighi’s family of four hightailed it out of Toronto last year, joining the pandemic-driven exodus of urbanites in search of a better life. Smart move? Oh yeah. With her partner working remotely, Haghighi is realizing her dream of starting a farm on their 1.2-hectare (three-acre) property in Hillier, a tiny hamlet in Prince Edward […]

Leaving an abusive relationship, this 53-year-old gen-Xer making $80,000 has three kids and is figuring out where she’ll live. Will she stay in Toronto? Buy or rent?

Millennial Money is a weekly submission-based series that provides financial advice to millennials in the GTA. This special edition features a profile of a gen-Xer. Read the full series here. Laura, 53, is a mother of three kids and currently in the process of leaving her emotionally abusive marriage. “After years of being put down […]

This nurse making $75,000 switched from full-time to part-time work to protect his mental health and family. After being vaccinated he wants to see if he can move out from home. What should he do?

Millennial Money is a weekly submission-based series that provides financial advice to millennials in the GTA. Read the full series here. Brandon, 28, is a registered nurse making $75,000 working in the emergency unit at a downtown Toronto hospital. “I have been hustling since school and working full-time, overtime shifts. But this year, complete burnout,” […]

Chelsea, 26, makes $85,000 as a veterinarian. Despite paying off student loans, she still has $23,000 in debt. How can she save enough to buy her first home?

Millennial Money is a weekly submission-based series that provides financial advice to millennials in the GTA. Read the full series here. Chelsea 26, works two jobs as a veterinarian — one full-time and the other filling in for a shift once a month. That brings her salary to $85,000 year, just a year after finishing […]

In Your Corner: Should you invest in stocks or bonds?

In Your Corner: Should you invest in stocks or bonds? | The Star “,”heading”:””,”fullWindow”:false,”fullBleed”:false,”showFullBleedOnMobile”:false,”headColor”:””,”type”:”html5mobile”,”textColor”:””,”mobileImageUrl”:””,”bgColor”:””,”imageUrl”:””,”registeredOnly”:false,”linkUrl”:””,”aodaTitle”:”Graphic showing S&P/TSX Composite Index: Performance over last 10 years”,”internalScroll”:false,”displayStyle”:”small-up”},{“text”:”“Very few people have the temperament to invest 100 per cent in stocks and ride the ups and downs, without those wild swings luring them into behaviour that damages their returns over time,” […]

You can be a renter and still grow richer. Here’s how

The home-ownership lobby is strong. “Why throw your money away paying rent?” “You’re only making your landlord wealthy.” So say friends, family and advisers … and yes, owning has some financial advantages in the long term, but, it’s OK not to own a home. If you’re looking longingly at this crazy expensive real-estate market we […]

Ida, 33, was laid off and moved back home, but is still paying rent on a downtown condo. She wants to relocate to Quebec. Can she do it?

Millennial Money is a weekly submission-based series that provides financial advice to millennials in the GTA. Read the full series here. For 33-year-old Ida, this pandemic year has been a complete whirlwind. First she was permanently laid off from her job as a designer, then she survived off CERB, and now she’s receiving $1,800 a […]