Oaken Blog

Canadians are now online more than ever. So many of our interactions and purchases now happen on the internet, whether it’s connecting with colleagues through video chat, shopping for groceries or buying clothes. read more

For most people, once you start to approach your 60s you begin to seriously think about how your life will change in your retirement. While earlier in your career you were more focused on building your retirement savings, thoughts now turn in earnest to the reality of transitioning to a new lifestyle. read more

Most people want to save more money, but it’s not always the easiest thing to do. Your expenses seem to keep adding up yet your income fails to keep pace. What are you supposed to do to put more money in your pocket? read more

Budgets are almost a cliché of the personal finance world. Experts tend to overuse the word “budget” to the point where they obscure and complicate what a budget is and how it can help you. That’s why when most people think of a budget, they think of confusing spreadsheets, counting cash out of envelopes, and being forced to eat pasta all month long! But a budget doesn’t have to be stressful. read more

It’s November and we’re excited. The leaves are changing colours, the air is crisp but more importantly, it’s the 10th annual Financial Literacy Month! For 10 years now the Financial Consumer Agency of Canada (FCAC) has worked on spreading the knowledge, skills, and confidence to help you take control of your money. read more

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. 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, and meals would be prepared for me. They knew this would allow me to save more money, which I did. read more