R&D Financial Tips Blog
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R&D Insurance and Financial Services – Fall Contest
We want to help you celebrate fall. Just leave us a review on Google, and email a screenshot of your review to info@rdfs.ca. One lucky winner will receive a fall prize pack, consisting of some fun fall items. Hopefully we’ve earned 5 stars from you – and if we haven’t, feel free to reach out…
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How to Teach Your Kids About Money
“You’re teaching them way too young,” joked the man next to me and my three girls at the bank machine; clearly he assumed we were taking out cash, and thought it would be funny to tease me about that. “No, man,” I teased back warmly; “I teach my girls to make deposits.” He laughed, I…
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What a Liberal Minority Government Will Mean for the Markets and Canadian Investors
Canadians went to the polls on September 20th, 2021, and Justin Trudeau led his liberal government to victory. The liberals will govern with a minority government for another term. Here is what you need to know about how this outcome could affect your finances.
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The Four C’s of a Good Credit Rating
Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether you will qualify for a mortgage…
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5 Mortgage Approval Roadblocks
When in the process of buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”.
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Getting Your Down Payment Down
A down payment is one of the most essential aspects of every mortgage application and new home purchase. In Canada, home purchases require a minimum cash payment from your own funds that is put towards the purchase. This is your down payment and is considered your stake in the deal.
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What a Piggy Bank Just Won’t Do
You’ve reached a point in life where your job is going well, and you find yourself not only out of debt, but with some room for savings. You might start wondering, where should I put this money that will not only be safe for the future, but also grow? That’s when you’ll probably start hearing…
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5 Credit Card Mistakes to Avoid
In our everyday life, we spend so much on bills and other financial expenses that we feel like a superhero when we wonder how we have managed to keep things together. One of the ways you can stay afloat and not drown in expenses is by having a credit card account. A credit account is…
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Moving On Up!
Life is constantly changing from your career to your family as we climb up the ladder of life. With these life changes, your current home may no longer be working for you. Whether you’re cramped in your tiny apartment or have a little one on the way, it may be time to look at moving…
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The Mortgage Financing Process
The number one question for any potential homebuyer or someone new to the mortgage process is “what does this process entail?”. The following is a simple outline to give you an idea of the process and help you understand what to expect as you embark on your home buying journey!
Do you have financial questions that you’d like us to answer?