Share on facebook
Share on twitter
Share on linkedin
Share on email

Credit Score Tips

In today’s B’s Finance Minute, let’s talk about factors that can affect your credit score. Studies show that 80% of Canadian’s don’t know their credit score and 63% don’t know how their credit score is determined. This is a mathematical algorithm that predicts how you manage your credit. The factors that affect your credit score are: 35% depends on your payment

Read More »

Sources of Down Payment

In today’s B’s Finance Minute, let’s talk about Sources of Downpayment. In our last Finance Minute, we talked about the minimum downpayment that you need.  When it comes to downpayment, where can it come from?  It can come from your savings and chequing accounts, TFSA, RRSP, Sale of a home, refinancing from a home, or a gifted downpayment.  Did you know

Read More »

How much Down Payment?

In today’s B’s Finance Minute, let’s talk about how much downpayment do you need when buying your principal residence.  Downpayment if you qualify is 5% for properties worth $500,000 and below.  This is true even if it’s Your 2nd, 3rd or 4th home etc as long as you are buying to live in it as your main home.  If the

Read More »

Building an Emergency Fund

In today’s B’s Finance Minute, let’s talk about Building an Emergency fund. This is important because in the event of a family emergency due to illness, job loss, or any other tragedy, you can survive for 3 months. Your emergency fund should be equal to 3x your monthly survival number. Therefore the first step Is to identify how much money your family needs in a

Read More »

Credit Cards

Hi Everyone, in today’s B’s finance minute I intend to remind you that it’s your responsibility to pay off your all your credit card balances in full ideally every month. If you look at your credit card bill the interest on that is 19 percent 25 percent sometimes 29 percent. There’s also a fine print

Read More »

Our FaceBook Page

About Karista

We’re passionate about building lasting relationships and empowering families to build their best life.

Recent Posts

Subscribe To Newsletter