As the smartphone market matures, we’ve all come to depend on apps that make our lives easier and more fun. We have instant access to news, weather, shopping, games, and social networks. With new apps appearing all the time, it’s easy to get caught up in the moment, and download something offered to us online….
Month: February 2020
When RRSPs are the best choice
While the decision to use a Registered Retirement Savings Plan (RRSP) has been made more complicated over the last ten years by the popularity of the Tax-Free Savings Plan (TFSA), it is still an important savings tool. The TFSA allows an individual to contribute after-tax dollars into an investment and withdraw funds with no tax…
TFSA vs. RSP: What’s Best for You?
As a new generation of Canadians begins dealing with the tricky field of finances, a common question we hear is “What kind of account should I have”? At Encompass Credit Union, we have a wide array of plans and programs for money-savvy Canadians and the most popular for retirement or tax deferral are TFSA and…
Five ways cybercriminals try to steal your personal info
Identity theft is something you’ve probably heard about on the news. But what does it really mean, and what is the risk to you, your family, or your business? Identity theft is when someone uses your personal information without you knowing about it. They may try to get your basic information, such as name, date…
