In the News
Canadians are buying more vehicles than ever before: a record two million were sold last year alone, and this year is forecast to outpace that. With most borrowing money in order to make this purchase, longer and longer car loans are the new normal.
A Gap year needn’t create a gap in your line of credit.
If you’re part of the crowd who put money in Manulife Financial Corp.’s IncomePlus guaranteed retirement income product after it debuted in 2006, watch your mail for a surprising offer.
Known as “the firm you can trust”, Caring for Clients was one of Canada’s first fee-for-service financial planning firms. Founded by industry trailblazer, Rona Birenbaum, it is now an 8-person Financial Planning and Wealth Management firm that provides comprehensive advice regarding cash flow, retirement, investing, tax and estate planning as well as risk management/insurance.
Wealthsimple and Fidelity shake up investing world offering trading and managed funds at no cost.
Caring for Clients answered this week’s Money123 question of the week.
They say home equity is a form of long-term forced savings. After all, while your bank will be pretty unimpressed if you skip a mortgage payment, no one will really notice if you stop your RRSP transfers.
Widow of former Toronto mayor Rob Ford has taken out a 2nd mortgage on family home — at 12.5% interest. “No earned income and ever increasing debt at unbelievably dizzying interest rates is actually a recipe for financial disaster,” said Rona Birenbaum, a Toronto-based financial planner.
The Golden Girl Finance, the financial voice for women, interviews Rona Birenbaum.
With 27 years of experience in the industry, today’s guest Rona Birenbaum explains the importance of technology in the financial services field, as well as how financial planners can stay relevant through all the changes.