The Peak

Ask Janine Rogan, an award-winning Chartered Professional Accountant

Dear Peak Money,

I’ve finally paid down my debt (woohoo!), and now I want to start making good choices for my future. Everyone says invest, but my mind is focused on being tight-fisted with funds, and I’m really overwhelmed at the prospect of losing even a dollar in the market.

Ask Janine Rogan, an award-winning Chartered Professional Accountant

Dear Peak Money,

I am a pretty new homeowner (and mortgage payer), which, as you can imagine has been super stressful this year as rates continue to climb. My mortgage is up for renewal next year, so I want to know what the case is for variable versus fixed rates these days?

Sincerely,

Too Much Debt

The Peak Asks: Janine Rogan, an award-winning Chartered Professional Accountant (CPA)

Dear Janine,

I’m worried about investing in the current economic climate, but I’ve been hearing a lot about guaranteed investment certificates (GIC) as the way to go. When is one worth investing in?

Sincerely,

Clutching Dollars

Is it smart to cancel my old credit cards?

I’m trying to simplify my finances and have a few old credit cards I don’t use anymore. I want to cancel them to save on fees and reduce the amount I can charge, but will it affect my credit score?

Should I use BNPL for my holiday shopping?

Dear Peak Money,

Since this will be the first “normal” Christmas in a couple of years, I want to splurge on my loved ones!

Many stores offer a buy now, pay later option, but I’ve been hesitant to use it. No interest and no fees seem too good to be true. What am I missing?

Sincerely,

Wannabe Santa