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Impact of Credit Card Cancellation on Credit Scores

It’s okay to feel that you don’t need your existing credit card. It could be for any reason, including that you want to reduce your dependency on credit cards or wish to find another card suitable to your needs. Whatever your reason, it’s necessary to understand how to cancel your current card and what effects …

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Smart Savings

Savings Showdown: Supermarket Hacks vs. Meal Planning Masters

When managing a family, one cannot go overboard with anything. You have bills, rent, and other expenses to manage on a limited budget. If you’re not spending correctly, you end up saving nothing. In budgeting, a significant portion of our income is spent on food. So, one starts to think about how to cut down …

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Home Credit

Is Now a Good Time to Buy a House in Canada?

Have you been postponing to own a house? Your concerns about the price of a home in Canada are valid. In 2021, house prices started skyrocketing amid the pandemic, instilling panic among potential homeowners. Statistics reveal that Canadians witnessed a 26.6% rise in the House Price Index during that time – the highest ever recorded. …

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How Student Loans Impact Your Credit History in Canada

Student loans are an ordinary reality for many Canadians pursuing higher education. With the skyrocketing tuition, books, housing, and other expenses, student loans bridge the gap between savings, family support, scholarships, and total costs. However, student loans come with real impacts on your financial life during school and beyond. Specifically, your credit history is tightly …

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Crafting the Perfect Honeymoon Budget: Canadian Destinations That Won’t Break the Bank

Planning a honeymoon is exciting for newlyweds, but the costs can quickly increase. Honeymoons have become increasingly expensive from flights and hotels to dining and activities. However, there are ways to craft the perfect romantic getaway without breaking the bank. Opting for Canadian destinations allows couples to avoid pricey international flights and take advantage of …

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