Refinancing

The pros of refinancing your vehicle

Refinancing is the replacement of an existing debt obligation or loan with another debt obligation or loan under different terms. The new loan pays off the current debt so that debt is not eliminated when you refinance. However, the new loan should have better terms or features that improve your finances. Typically, refinancing allows you to shift the debt to …

Five ways to stick to a savings plan

Five ways to stick to a savings plan

July is Savings Month, here are five saving strategies to kick it off with; 1. Save Automatically Save automatically through a monthly transfer from cheque to savings ideally soon after you are paid. What you do not see, you probably will not miss. These savings can provide funds for emergencies, a home purchase deposit, school tuition or even retirement. Almost …