- My Finances Guru
- 2 November 2026
Car Loan vs Lease in Canada: The Real 5-Year Cost Comparison
On the same $40,000 car over the same five years, buying with a loan and leasing can differ by more than $13,000 in net cost
READ MORE
- My Finances Guru
- 1 November 2026
OAS Clawback 2026: The $95,323 Line and How Retirees Stay Under It
For the 2026 income year, the Old Age Security clawback — officially the OAS pension recovery tax — starts at $95,323 of individual net income.
- My Finances Guru
- 1 November 2026
Dividend Investing in a TFSA: What Is Taxed, What Is Not (US Dividends Warning)
“Tax-free” is in the TFSA’s name, and for Canadian dividends it is literally true: eligible dividends from Canadian companies arrive in your TFSA whole and
- My Finances Guru
- 1 November 2026
How to Raise Your Credit Score 100 Points in Canada: A 6-Month Plan
Canadian credit scores run from 300 to 900, and the line that changes your life is 660 — the bottom of Equifax’s “good” band. If
- My Finances Guru
- 31 October 2026
Best Savings Accounts for Kids and Teens in Canada (2026)
The best savings account for your child in Canada in 2026 is almost never the one with the highest headline rate — youth accounts pay
- My Finances Guru
- 31 October 2026
FHSA vs RRSP Home Buyers’ Plan: Stacking $40,000 + $60,000 for One Down Payment
Canada gives first-time buyers two separate tax-advantaged stacks for the same house, and the CRA lets you use both on the same purchase: the First
- My Finances Guru
- 31 October 2026
The $7,000 TFSA Mistake: Over-Contribution Penalties Explained (1% per Month)
For 2026, every eligible Canadian got exactly $7,000 of new TFSA room. Put in even $1 more than your personal room allows and the Canada
- My Finances Guru
- 30 October 2026
Mortgage Renewal in 2026: 7 Moves Before You Sign the Bank’s First Offer
Two days ago, on October 28, 2026, the Bank of Canada raised its policy rate to 2.50% — its first increase since 2023, after a
- My Finances Guru
- 30 October 2026
Term Life Insurance in Canada: How Much Coverage Do You Actually Need?
Here is the short answer most Canadians never get past: the Financial Consumer Agency of Canada (FCAC) suggests term life coverage of at least 7
- My Finances Guru
- 30 October 2026
RESP Grant Money: How to Never Miss the 20% CESG Match
Every dollar of grant money your child is entitled to comes from one simple habit: contribute $2,500 a year to an RESP and the federal
