Theft, water damage, fire, vandalism… There are countless terrible things that can happen, and they don’t just happen to other people. Here is why you should take home insurance.

It's been 20 years since Rotman School of Management finance professor Eric Kirzner created a simple "set it and forget it" kind of portfolio for Toronto Star readers called the Easy Chair, proving a comfy spot for investors to park for many years.

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Traditional financial literacy efforts haven’t been a rousing success. Research from Harvard Business School shows that even Americans who are taught personal finance in school don’t seem to save more or manage credit better than anyone else.

When it comes to young, first-time buyers looking to stake their claim in Toronto's hot real estate market, the popular narrative is often one of these: scrimp to buy a small, downtown condo unit, or say goodbye to life in the city and set up somewhere cheaper.

When you put together your budget for purchasing a home, make sure you factor in an evaluation of the annual costs associated with the property. Here’s how.

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