Maple Money

Last updated: November 23, 2023 Many Canadians have had success with real estate investing over the years, but there are downsides to having to purchase and maintain an investment property. If you don’t have the capital upfront to purchase physical real estate, or you’re looking for a more passive investment opportunity, you may want to consider a real estate investment trust (REIT). But what is a REIT, how does it work, and how can you invest in a REIT in Canada?

Advertiser Disclosure Our goal at MapleMoney is to present readers with reliable financial advice and product choices that will help you achieve your financial goals. To do that, transparency is critical. MapleMoney receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site.

A secured credit card can help individuals with limited or poor credit history to rebuild their credit scores. However, many Canadians are unsure of how secured cards differ from regular and prepaid credit cards. This article covers the basics of secured credit cards and explains when you might need one. What Is a Secured Credit Card? Secured credit cards work much like regular ones, but with one key difference: they require a refundable security deposit.

Coast Capital Savings is a BC-based credit union with a long history dating back to the 1940s. As a federally chartered credit union, it has expanded its services to members across Canada, offering a wide range of personal banking products and services. If you’re unfamiliar with Coast Capital, you may wonder how it compares to other credit unions or online banks.

Advertiser Disclosure Our goal at MapleMoney is to present readers with reliable financial advice and product choices that will help you achieve your financial goals. To do that, transparency is critical. MapleMoney receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site.

Last updated: November 13, 2023 Given that interest rates are at their highest in decades, the idea of paying off your mortgage faster may seem unrealistic. Unfortunately, many Canadians right now are struggling to manage higher borrowing costs on all of their debt, including their mortgage. However, if you are fortunate enough to have some budget flexibility, there are steps you can take to fight back against high mortgage rates. In this article, I’ll show you how to pay off your mortgage faster.

Thousands of Canadians dream of being their own boss, having the flexibility to choose when they work, and being able to control their income. Self-employment can be a rewarding and fulfilling alternative to traditional employment, but you need to find the right kind of job. For example, you can’t become a self-employed banker or high school teacher. To help, I’ve created a list of self-employment ideas.

In just a few years, TikTok has become an incredibly popular social media platform. But beyond all of the viral dance and cute animal videos, it’s provided money-making opportunities to many social media-savvy Canadians. In just a few years, TikTok has gained immense popularity as a social media platform. But apart from the well-known viral dance and adorable animal videos, it has opened up new ways for social media-savvy Canadians to make money online.

Getting a speeding ticket can be an unwelcome surprise for any driver. Though it’s crucial to abide by traffic laws and respect speed limits, there may be instances when you believe the ticket was issued unfairly or in error. In these cases, it’s important to understand your rights and the steps you can take to fight the ticket.

For the uninitiated, choosing the right credit card can be a daunting task. With so many different types of credit cards to choose from in Canada, along with their many features and benefits, how do you know which card is right for you? From no-fee cards to student cards to travel and cash back rewards cards, there is a credit card for just about everyone. That’s why it’s so important to understand the different types before you apply.