According to the last census data, roughly 1 in 8 Canadian families with children live in blended families.[1] Blended families vary somewhat, but generally they include children who are the biological children of only one of the parents in the family as well as children...
One in five Canadian women leave the financial planning to their spouse[1] — and that statistic is from 2018, not from 1958. Not only is leaving all the planning to someone else not a great idea in general, but it could actually be dangerous in the...
In about a third of Canadian households, women and men are earning roughly the same amount. And in 17% of families, women are actually earning more than their husbands.[1] With women contributing a greater percentage to the family’s overall income, it’s important for married women to...
Women tend to be risk-averse. In fact, when under stress, men tend to take more risks, while women consistently take the less risky option.[1] So when it comes to buying a home, women often assume they can’t do it on their own, especially the overwhelming majority...
Last summer, Statistics Canada reported that the average Canadian owed $1.77 for every dollar they had to spend.[1] Obviously Canadians are living beyond their means – and so far beyond their means that it’s become normal to be in debt. If your goal is to achieve...
According to Statistics Canada, women live nearly five years longer than men do on average.[1] They also have higher rates of disability and they may have earned less than men during their working years. They will also have different questions to answer and challenges to address...
Divorce is expensive, particularly for women. Even women who worked throughout their marriages commonly see their income can drop as much as 20% in the immediate aftermath of a divorce.[1] If nothing else, your budget may have to change. The same income that used to support...
Roughly 10-15% of Canadians are living in common-law relationships, and more are choosing to live in common law as a kind of trial before marriage. Yet there are a number of legal issues around common-law relationships that are unique, and it is a good idea to...
For many women, engagement is a time of excited anticipation. You’re happy in love, planning the wedding of your dreams and dreaming of your new life. But engagement is also a tremendous opportunity to work together with your partner in a new area. According to a...
It might feel as if everyone is paired off. But if you’re single, you’re part of a fast-growing demographic. In fact, the number of people living alone in Canada has doubled over the last 35 years.[1] A one-person household is now the most common type...