Truly Local Advice

A banking and finance blog for folks in Niagara and Haldimand, crafted by Advisors who have great advice & stories to share.

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3 min read
RSP, TFSA, FHSA – Which Account Should I Use?

One of the first questions that potential investors often ask is which account should I useRegistered Retirement...

5 min read
March is B Corp Month! Do you know what B Corp means?

Did you know that March is B Corp Month?

Did you know that PenFinancial is a certified B Corp organization?

Do you know...

3 min read
Does Your Financial Planner Have Your Back?

When it comes to managing your finances and planning for the future, having a caring and reliable financial planner by...

2 min read
Saving for post-secondary – how much do I actually need to save for my kids?

As we head into the summer, we know that September will be here before we know it. And with that, many high school...

3 min read
Do I really need to start saving for my child’s education this early?

Whats the Big Deal?

The news coming out of the USA that up to $10,000 of student debt was being eliminated for most...

4 min read
Should I pay off my mortgage or invest more?

With the current low mortgage rates, I am finding a lot of my members have the same question: should I try pay down my...

5 min read
Why is everything so expensive?

Do you remember the good old days: $5 footlongs at Subway, Toonie Tuesdays at KFC or a BigMac extra value meal for less...

3 min read
Stop ducking and start 2021 with a plan

“An ounce of prevention is better than a pound of cure.” So said Benjamin Franklin, who didn’t have to live through...

5 min read
What is an RRSP?

An RRSP (Registered Retirement Savings Plan) is a type of account you can use to defer income taxes until you retire,...

5 min read
Learning and becoming involved: How to be an empowered young investor

Ben Franklin said, "Tell me and I forget. Teach me and I remember. Involve me and I learn." When I found that quote I...

3 min read
Investing 101: Explaining the magic

Investing: [verb] confusing process involving magic and midwifery, in which your money is swept away today with the...

3 min read

From our previous blogs What is a TFSA, really? and What is an RRSP? you can learn both offer tax advantages to help...