An Exchange Traded Fund (ETF) is an investment that holds a number of similar assets in the same vehicle. In many respects, they are similar to mutual funds; however, ETFs tend to be passively managed, leading to lower management fees and higher returns for investors.
A student loan, credit cards, your car, or a mortgage − personal debt is a part of most people’s lives. Effectively managing debt is an important part of a smart personal financial plan, particularly for new parents with growing families.
Moms want to make sure their family’s financial health today and in the future are well taken care of. This means having a priorities-based financial plan and understanding some of the basic elements of smart investing.
Financial Services companies still have a long way to go to provide the best customer experience and financial planning help according to a recent survey of Ontario Moms.
Moms are currently struggling with financial worries, but they should be more worried about their financial planning practices. These are some of the outcomes we found from a recent survey of more than 250 Ontario Moms, members of Movies for Mommies (MFM), a national social community for new parents.
