6 Ways to Cut Your Banking Fees

6 Ways to Cut Your Banking FeesNearly half of Canadians live pay cheque to pay cheque.  A recent survey by the Canadian Payroll Association reported that 47 per cent of us would face financial hardship if our pay was delayed as little as a week. One of the easiest ways to save money is to take a close look at your banking fees. But when you’re living on the edge, it can be tough to change…

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Pros & Cons of Using a Credit Card-Only Spending System

Pros & Cons of Using a Credit Card-Only Spending SystemWhen it comes to budgeting and spending money we all have our own unique plans. Some of us prefer to track every penny. Some people just go with the flow. Some prefer using cash-only, while others go card-only. I wanted to look at the pros and cons of a card-only spending plan. First well start off by looking at the benefits of a credit card-only (debit and credit) system: More…

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Beware the Debit Card

Beware the Debit CardAs a society, we love the convenience that comes with swiping a piece of plastic. However, many of us are wary of credit cards. Debit cards, though, are connected to your checking account, so, in theory, what you spend is what you already have in the bank. As long as you are careful to record your transactions in a ledger or using personal finance software, you can still enjoy the…

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