Sign up to play Minutes2Money by Oaken today, and you could win a $5,000 GIC! Click for more details. Play now

Play Minutes2Money by Oaken

Oaken Blog – old

Welcome to the Oaken Blog!

Money rules I live by

Read the latest from financial expert Barry Choi in the Oaken Blog.
November 19, 2019
By Barry Choi

Growing up, I was fortunate that my parents taught me some of the basics when it comes to finances. It’s not like they had a ton of money or worked in the financial services industry. They were immigrants who understood the value of a dollar and passed those values down to me. The truth is, … read more

6 ways to start saving on your monthly bills

Check out these ideas for how you can save on your monthly budget.
November 12, 2019
By Scott Boyd

Creating a monthly budget is one of the best things you can do to help you successfully save for a goal. A budget not only tracks your spending each month, it also makes it easier to review each individual expenditure. When reviewing your monthly budget, be sure to take a close look at those recurring … read more

Celebrating Financial Literacy Month

A recent survey shows that the majority of Canadians feel they are not financially knowledgeable.
October 29, 2019
By Peter Aterman

November is Financial Literacy Month, and we’re doing our part to help spread the word. This initiative was started by the federal government in 2012, and is led by the Financial Consumer Agency of Canada (FCAC). Improving your financial literacy is an important step in taking command of your affairs, and we’re joining with other … read more

Money tips for returning to work after maternity leave

Rubina Ahmed-Haq discusses what you need to consider as you prepare to return to the workforce following maternity leave.
October 28, 2019
By Rubina Ahmed-Haq

Going back to work after maternity leave can be a big adjustment. After all, you’ve probably spent every day of the last year with your precious new baby. With all the emotions that come with going back to your job, there’s a financial aspect to consider as well. You’ll be earning a full paycheck again, … read more

All about EVs: Making the transition to electric vehicles

Transitioning to zero emission vehicles (ZEVs) is a critical part of Canada’s plan to reduce the country’s green house gas emissions.
October 15, 2019
By Scott Boyd

The government of Canada has committed to reducing total Green House Gas (GHG) emissions by 40% below 2005 levels. The timeline to accomplish this is 2030, which may seem like it’s a long way off, but it’s barely a decade away! By 2050, the goal is even more aggressive, with long-term emissions to be reduced … read more

Pre-baby financial planning

Rubina Ahmed-Haq has some great advice to help you understand your maternity leave options.
October 8, 2019
By Rubina Ahmed-Haq

You just found out you’re having a baby. Congratulations! This can be an exciting time as you prepare for the new bundle of joy to enter your life. This is also the best time to take a good look at your personal finances and make adjustments now for what is inevitably going to be an … read more

How my wife and I saved a $200,000 down payment

Saving the required down payment can be a major obstacle for first-time home buyers. Here’s how one couple did it.
September 27, 2019
By Barry Choi

A couple of years back, my wife and I became first-time homebuyers. This itself isn’t anything special since many Canadians own their homes, but what people are shocked to hear is that we had a down payment of $200,000. Most people assume that we had help from our parents (which we did), but the majority … read more

October is Cyber Security Awareness Month

October is Cyber Security Awareness Month.
September 24, 2019
By Peter Aterman

Did you know that, according to police figures, Canadians reported losing over $120 million to scammers last year? The actual number could be much higher as the Better Business Bureau estimates that the figure jumps to well over a billion dollars when you include all the presumed losses that no one even bothers to report. … read more

Women should save as if single (even if they’re not!)

Advice for women from personal finance expert Rubina Ahmed-Haq – Save as if you’re single, even if you’re not!
September 20, 2019
By Rubina Ahmed-Haq

When it comes to household finances, many women rely on their partners to take care of their future financial needs. But a new book wants to change women’s attitudes when it comes to saving for the future. Called “Bank on Yourself: Why Every Woman Should Plan Financially to be Single, Even If She Is Not”, … read more

Personal finance tips for back to school season

Read Ratehub.ca’s guest post on the Oaken Blog for managing your finances now that it’s time to head back to school.
September 19, 2019
By Ratehub.ca

Welcome back to school. As you fret about the full-time slate of syllabi you just received and the huge word counts on those term papers that are due impossibly soon, let us help you address another fret many students have around this time of year: money. Being broke and being a student often go hand-in-hand, … read more