Oaken Financial stores are temporarily reducing hours effective Jan. 11, 2022...Read more

Oaken Financial stores are temporarily reducing hours effective Jan. 11, 2022...Read more

Plenty of articles to choose from

When it comes to their savings, Canadians are fortunate to have their savings protected by the Canada Deposit Insurance Corporation (CDIC). As a federal crown corporation, the CDIC is responsible for providing insurance in the rare event of a failure on the part of the financial institution holding their funds. To help kick off Financial...read more

I have a confession – until about a week before my wedding day, I was still living at home. Although culture certainly played a small role in that decision, it’s not like I was in any rush to move out. My parents encouraged me to stay at home as there was no rent to pay,...read more

Making that last mortgage payment should be a celebration. You’ve likely spent decades paying off your most substantial debt, so there’s no reason why you shouldn’t be excited. Take time to enjoy the moment before the next natural question comes up. “What now?” Without a mortgage, your monthly expenses could decrease by hundreds of dollars....read more

Maintaining a good credit score on a low or reduced income can be difficult. While there’s no denying that managing your money can be challenging, there are things you can do to help ensure that your credit score remains in good standing.   Make at least your minimum payments One of the most significant factors...read more

Buying a home is one of the most exciting things you’ll do in your life. It represents a significant milestone that should be celebrated, but it also requires careful planning since there are so many steps involved. While it’s nice to think about what area you want to live in or what kind of furniture...read more

Many Canadians aspire to be homeowners but don’t realize how many different costs are associated with buying a property. The obvious things you’ll likely need are a down payment and a mortgage, but there are plenty of other things you will also need to budget for before you start looking for a home. Here are...read more

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Debunking 7 common RSP myths

The Retirement Savings Plan (RSP) was created in 1957 to help Canadian workers save for their retirement. Despite being available for over 60 years, some persistent myths continue to exist when it comes to this long-running government registered savings plan. In this Oaken Blog post, we’ll look at some of the more common misconceptions and...read more

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