Oaken Blog

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

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. 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. 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. read more

Have you heard of the FIRE movement? In case you’re unfamiliar with the term, FIRE stands for Financial Independence Retire Early. read more

Many Canadians aspire to be homeowners but don’t realize how many different costs are associated with buying a property. read more

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. read more