Oaken Blog

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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

10 tips to help you save money on your next trip

Barry Choi shares his tips to help you save money on your next trip.
September 16, 2019
By Barry Choi

Please join us in welcoming Barry Choi as a contributor to the Oaken Blog. Barry is a well-known personal finance and travel expert, and a regular guest on some of Canada’s largest media outlets. You can follow Barry on his personal site moneywehave.com or reach out to him on Twitter @barrychoi. In his first article … read more

Age-proofing your portfolio

You should regularly review your portfolio’s asset weighting to ensure your risk level is appropriate for your age and life stage.
September 11, 2019
By Scott Boyd

It’s only to be expected that our priorities change as we age. Whether just starting out in the workforce, raising a family or nearing retirement, the different stages we experience throughout our lifetime determine the decisions and actions we take. The same holds true when it comes to investing, and this is why it is … read more

The “Pink Tax” can cost women thousands each year

The Pink Tax causes women to pay more than men for some products
August 20, 2019
By Rubina Ahmed-Haq

If you haven’t heard of the “Pink Tax” before, it refers to the well-documented phenomenon that women often pay more than men for similar items. This can be anything from clothing and personal care products, to haircuts and office supplies. A 2011 study by the University of Florida found that women typically end up paying … read more

Talking money with your Gen Z kids

Generation Z will soon outnumber Millennials and Baby Boomers
August 6, 2019
By Scott Boyd

We hear so much about Millennials (those born in the early 1980s) and how their influence has reshaped our world. As the first wave of this cohort enters early middle age and their peak earning years, they will continue to exert a tremendous influence on everything from consumer spending to government policies. However, the next … read more