The top reasons people fail with money

Financial planners and portfolio managers on the top reasons why people struggle with their finances.

These are my Top 10 columns of 2015

I’ve gathered together the columns of 2015 that best point the way to the kind of financial challenges we will face in the year ahead. Click here to start reading.

How to buy a first house without killing your retirement

The millennial’s dilemma: Buy a house or save for retirement? If forced to choose, retirement wins. But maybe the two goals can co-exist, even in the expensive housing markets in cities like Toronto and Vancouver. The challenge is to find…

Canada’s old standards of housing affordability need an update

It’s said that the cost of a house should be no more than three times your gross household income. If houses in Toronto were affordable for middle-class families, they’d cost an average $228,657. The actual average in September was $627,395. Read…

Downsizing to a condo? Our calculator shows how little you’ll save

Condos are smaller than houses, but are they cheaper to live in? It’s commonly assumed they are, but this may not be the case. Use our worksheet to do a personal analysis of how monthly living costs in a condo…

Nine ways your family finances will change under a Liberal government

Here are nine things you need to know about how your personal finances will change under the new Liberal government.

Are you drowning in debt? See how you compare to other Canadians

Debt levels keep hitting new highs in Canada. To find out what the impact is on household finances, we created a debt diagnostic tool that looks at nine aspects of your financial and personal life. Answer the questions and you’ll find…

Try it: The Globe and Mail Downsize Your Home Worksheet

The Globe and Mail Downsize Your Home Worksheet is designed to help people think through some of the financial considerations involved in selling the family home and moving to something smaller. Sure, there are lifestyle factors in deciding when to…

The Real Life Ratio

In this Globe and Mail column, I introduce a new tool for helping people see if they can afford a house, as well as the other costs of everyday life. It’s called the Real Life Ratio and you can download…