CANADIAN MONEY EDUCATION
The reading room
A few useful ideas for the everyday questions. Clear, original explanations to read before you dig deeper.
FIELD NOTES / 01
Financial literacy starts with understanding the moving parts
A starting point can be a question, not a perfect budget.
Read the article ↗FIELD NOTES / 02
A smaller car payment can come with a larger total cost
Payment, price and term answer different questions.
Read the article ↗FIELD NOTES / 03
The car payment is only one line in the transportation budget
Recurring costs and end value tell more of the story.
Read the article ↗FIELD NOTES / 04
A down payment is not the whole cost of moving in
Closing cash and ongoing ownership answer separate questions.
Read the article ↗FIELD NOTES / 05
TFSA versus RRSP: start with the tax treatment
The account and what it holds are different things.
Read the article ↗FIELD NOTES / 06
Investment fees affect more than this year’s balance
A recurring charge also changes what remains to compound.
Read the article ↗FIELD NOTES / 07
An index is a set of rules, not a promise
Understand what is being tracked and how it is weighted.
Read the article ↗FIELD NOTES / 08
A percentage decline looks different when written in dollars
Recovery uses a smaller starting base.
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