Please note this website uses cookies. By using this site, you agree to our use of cookies. Read our privacy policy for more information.
Got it!

Reduce your tax bill with these end-of-year tips

Budgeting, Education, Financial plan, Holiday Savings, Organization, Personal Finance, Real Estate, Saving, Spending, Taxes, Wellness

Reduce your tax bill with these end-of-year tips

Around this time of year I create my annual tax folder in Google Drive and begin loading up relevant documents such as my charitable receipts and medical expenses from the year. As new tax forms start rolling in, I keep them all organized in my…

Read More

The rise of subscriptions could be squeezing your digital wallet

Subscriptions are like paper cuts. If you get too many of them, they can harm your financial and physical well-being. The nastiest part is they’re so darn small, they often go undetected for quite some time.     In the past five years, the subscription…

Read More

Merging your accounts with your honey? Read this.

MeVest founder, Lesley-Anne Scorgie, hosts guest contributor, Janine Rogan.   Merging your accounts with the love of your life has pros and cons. For starters it makes things easier at the end of the month when you don’t need to tally up who owes what….

Read More

Using digital tools to automate your financial plan

Set it and forget it. Automating your budget and savings for things like groceries is one of the best ways to stay on track financially. I’m envious of people that have a long memory. My granny can recount names, addresses, birthdays, anniversaries, outfits people wore…

Read More

Is mortgage-freedom your goal? Tackle it in these three ways.

Not everyone can visualize a future without a mortgage. But, Sean Cooper did. Before he was 30, Sean eliminated his mortgage on the home he purchased in Toronto nearly eight years ago. In our latest episode of LA TV, with MeVest founder and host, Lesley-Anne…

Read More

Spending more than $1,000 on children’s activities? Think again.

When I started my career in finance in 2006, I attended an event with the author of The Wealthy Barber, David Chilton. He kicked off his financial pep talk by recounting the time he reviewed an Alberta family’s spending who claimed they were completely broke…

Read More

Ladies, start saving 20 per cent for retirement

Women can unlock their financial potential by growing their financial confidence. The Wealthy Barber was the very first book I read about personal finance and the most important rule I learned was to save 10 per cent of everything I earned towards retirement. When I…

Read More

Are You Behind on Filing Your Taxes?

Missing the April 30 deadline could lead to a colossal waste of money. Here are some details to keep in mind.   Mark your calendars: Canada’s personal income tax deadline is April 30. That means weeks of fear, procrastination and guilt. The biggest worries I…

Read More

5 Ways Spring Cleaning is Good For You AND Your Bank Account

There is something refreshing about tidying up our home, getting rid of things that no longer serve us and entering the Spring season feeling rejuvenated. We’ve put together our top 5 tips to help you get your Spring cleaning started: 1. Electronics – Take an…

Read More

The 411 on RRSPs

President & Founder of @MeVestMoney, @Lesleyscorgie, explains RRSPs and why Canadians should look into contributing.https://t.co/VDV9jNToep — Breakfast Television Toronto (@BTtoronto) February 21, 2018   Q. Why should Canadians care about RRSPs? A. Hands-down, the RRSP tool is the most powerful retirement savings vehicle for most…

Read More

The Financial Benefits of Going Green

The start of 2018 brings opportunity for change and reducing your carbon footprint is definitely on the top of the list for many people drafting up their New Year’s Resolutions. But, did you know there are financial benefits of living a “green” life? Our Homes…

Read More

Goodbye Costly Cable TV, Hello Savings – Week 9

For its ninth challenge, Metro’s Small Changes, Big Win series gets you to save by cancelling your cable television subscription. Small changes to the way you spend can add up. We’ve pulled together weekly tips that will add a minimum of $10 to your savings….

Read More

Gender-diverse Investing with Raj Lala

[youtube]https://youtu.be/beLynxK0VSw[/youtube] Raj Lala, and his team at Evolve ETFs, recently launched HERS, which is the first Canadian gender-diverse ETF.   It can be a challenge to research the gender-diversity policies and practices of companies in North America. That’s where relying on non-profit organizations like Equileap…

Read More

This Year, Restrict Holiday Drinks to Half-price Happy Hour – Week 2

For it’s second challenge, Metro’s Small Changes, Big Win series gets you to scope out discounted drink specials. Enjoy responsibly and bank those savings. Small changes to the way you spend your money can really add up. We’ve pulled together weekly tips that will add…

Read More

Women-focused Businesses are More Profitable

During the month of November, organizations in Canada like WXN and Women of Influence, celebrate the career accomplishments of women.  The subject of gender diversity and women in the workplace is active around the dinner table, but not only that, the subject of has been influencing the markets and investment decisions made…

Read More

Can You Afford to Own a Clean and Safe Car?

  Affording a clean and safe car is within your reach. So too is getting in on the investment market for automotive innovation. What will it cost you to own an Electric Car? Two of the most popular EV Cars are: The Tesla, starting at…

Read More

Apartheid is Over, But Socially Responsible Investing is Not

Throughout the 1970s and 1990s, companies, pension funds, and individuals around the world stopped investing in South Africa. Since 1948, South Africa had been under Apartheid, a system of legal racial segregation enforced by the ruling National Party. Apartheid encouraged other human-rights violations such as…

Read More

Parents, check your mailbox!

This week, the Government of Canada mailed out letters to more than 85,000 families who are eligible for the Canada Learning Bond (CLB) – consisting of a $500 grant at birth and an additional $100 per year until a child turns 15, as long as…

Read More

Parents, Stop Leaving Money On the Table

  Recent survey results from Ipsos and Knowledge First Financial indicate that over half of Canadian parents are leaving money on the table when it comes to saving for their child’s future education costs, and they regret it later. Parents are simply not taking full…

Read More

5 Reasons You Should Save For Your Child’s Education

You know it. The cost of education has increased by more than 100 percent since the 1980s, making it difficult for parents to save enough. Thankfully, the federal and provincial governments across Canada offer Registered Education Savings Plans (RESPs) and grants to help you save…

Read More

3 Reasons You Should Not be Lazy When Saving for Your Child’s RESP

  Like most things in life, good things don’t last forever. This certainly applies to free grants for your child’s Registered Education Savings Plan. Every year you have access to some form of free grant whether through the Federal Government or the province where you…

Read More

3 steps to financial adulthood for students

Your student budget is beyond tight; books, tuition, lab fees, residence, food, cell phone, Internet, beer, parties and travel. But, if you don’t want to live on your parents’ couch when you graduate, you’re going to have to grow up financially.   Use your smart…

Read More

4 Budgeting Hacks for Parents to Afford RESPs

  You’re maxed, right? Between mortgage payments, groceries, gas, haircuts and sports registration fees, it seems next to impossible to scrounge up money for your child’s Registered Education Savings Plan (RESP). A recent survey from Ipsos and Knowledge First Financial revealed that four out of five…

Read More

4 Questions to Ask Your Insurance Advisor

As an insurance advisor, I find that people are not familiar with the insurance they bought and the associated features.  Below are the four most important questions to ask your insurance advisor before you make changes to your existing policy or sign on the dotted…

Read More

The bogus budgeting myth when buying local

There’s a common misunderstanding that local choices for food, art, crafts, entertainment, clothing, furniture and services cost more. That simply isn’t the case. But, if you are an unaware shopper, not paying attention to prices or what’s in-or-out-of season, you could definitely stumble upon an…

Read More

How to Create a Meal Plan (& save money too!)

Wholeness is just one of the three pillars MeVest is built on. When we’re in good physical and mental health, this pillar stands to have a positive effect on your wallet and your work too. What you put in your body affects your physical and…

Read More

What You Need to Know About the Looming RRSP Deadline

We’ve got answers to your  RRSP questions. Q 1. The RRSP deadline is looming and you might be feeling pressured to contribute, but is it always the right choice for everyone? Not necessarily. If you simply can’t afford to make an RRSP contribution because you…

Read More

Why RRSP loans are in style

Thinking of catching up on your RRSP contribution space? An RRSP loan could help.   RRSPs 101   RRSPs are a very powerful tool to save for retirement and if your household earns more than $50,000 per year, you should have them.   Every year…

Read More

Is your cash flow dipping and spiking?

Remember when you were a child and your mother would sit at the dining room table balancing her chequebook? A bank reconciliation is the modern day version of that activity. Whether you are an entrepreneur or simply managing your household finances a bank reconciliation is…

Read More

What Would You Pay to Keep Your Relationship Healthy?

Brianne, 34, and Martin, 37, common-law partners of five years, came to see our team at MeVest two years ago; angry and ready to ring each other’s necks. The couple was maxed out, but looked like a million bucks – Denali truck, Louis Vuitton jewellery,…

Read More

Financial Benchmarks to Hit at Every Age

We all know how important it is to save for retirement but how many people can actually say they feel prepared? Work towards these financial benchmarks at any age. The 20s – The Era of Broke We all know that the 20s are where you’ve…

Read More

Go Back to Money School with MeVest

Do you feel like your personal finances are a mystery? Have you carried a credit card balance for more than 60 days over the past 12 months? Are you living paycheque to paycheque? Have you pushed off investing because you don’t have the money or…

Read More

Ease your spending this summer

Summer is in full swing. Heatwaves are a regular occurrence with home and office air conditioners running over time. The hot humid days of summer are also time to enjoy the outdoors while you soak in the sun.   Invitations to various summer events from…

Read More

What’s my coffee worth?

It’s really easy to get in the habit of buying a coffee on the way to work. It doesn’t seem like a big expense either. What’s $2 in the grand scheme of things? Turns out it’s worth a lot, at least I think so. Let’s…

Read More

5 Steps to Building Wealth for Women

It’s dangerous and frankly irresponsible for any woman – rich, poor or anywhere in between – to not actively participate in managing her own money. Far too often I’ve seen powerful smart women put financial blinders on and defer to their partners or financial advisors…

Read More

7 Smart steps couples can take to build wealth together

Justin Sullivan / Staff / Getty Images Money issues are indifferent to your age, gender, sexual orientation, life stage, and upbringing. And, despite the material wealth and bright smiles we see on the outside, money issues affect rich couples, poor couples, and those in between….

Read More

Metro’s Money Makeover: Will Beyonce Ruin Annick’s Financial Plan?

The Challenge: At the start of January Metro’s financial guru Lesley-Anne Scorgie started performing a financial makeover on two young women. Annick, a Calgary-based 24-year-old, and Yolanda, a Mississauga-based 27-year-old, have just 12 weeks to get their financial houses in order and drastically improve their…

Read More

Metro’s Money Makeover: Will Beyonce Ruin Annick’s Financial Plan?

The Challenge: At the start of January Metro’s financial guru Lesley-Anne Scorgie started performing a financial makeover on two young women. Annick, a Calgary-based 24-year-old, and Yolanda, a Mississauga-based 27-year-old, have just 12 weeks to get their financial houses in order and drastically improve their…

Read More

Metro’s Money Makeover: Will Beyonce Ruin Annick’s Financial Plan?

The Challenge: At the start of January Metro’s financial guru Lesley-Anne Scorgie started performing a financial makeover on two young women. Annick, a Calgary-based 24-year-old, and Yolanda, a Mississauga-based 27-year-old, have just 12 weeks to get their financial houses in order and drastically improve their…

Read More

How do I even start investing?

Investing can seem like a scary prospect. As a new investor (or about to be investor), start with what type of investments you want to make: Mutual Funds, Index Funds and GICs (bank products) or Stocks, Bonds and ETFs (self directed). If you want to…

Read More

Metro’s Money Makeover: When in debt, pay your friends and family first

Metro’s finance guru Lesley-Anne Scorgie has only two months left to tackle the women’s largest financial burdens and teach them to allocate resources.   Annick is allocating over $1,000 per month to debt repayment. THE CHALLENGE: We’ve been following two young women as they get serious…

Read More

Metro’s Money Makeover: You Can Be Too Frugal

Being a super-saver can backfire. It’s important to allow for small splurges so you don’t end up using savings for impulse buys. The challenge: Metro’s finance guru Lesley-Anne Scorgie is on a mission to transform the finances of two young women; Annick, who is heavily…

Read More

Metro’s Money Makeover – how to save and pay down debt

Metro’s finance guru Lesley-Anne Scorgie has only 10 weeks left to tackle Annick and Yolanda’s largest financial burdens and teach them to allocate resources. The challenge: Metro’s finance guru Lesley-Anne Scorgie has 10 weeks left to get Annick, 24, and Yolanda, 27, to change their spending…

Read More

What’s Your Side Hustle?

What’s Your Side Hustle? Feeling the January financial pinch?Sure, you can cut back on spending and we are big believers that a fiscal diet is pretty darn important to getting ahead financially. But, equally important is “side hustle”. Side hustle isn’t doing anything illegal like robbing a…

Read More

How to Save A Lot of Money in a Short Time

Have a big goal but not a lot of time? Enter 100% spending crackdown. This means taking temporary but drastic measures to reach a short-term goal. We recently bought a new house. While we’ve been saving for a long time for the down payment, there are…

Read More

Load More