Blog posts by Brandi Marcene

4 min read
Can a Bank Draft Be Cancelled in Canada?
A bank draft usually cannot be cancelled once issued because the funds have already been withdrawn.

4 min read
If I Deposit Cash, Is It Available Immediately?
Cash deposits are generally available immediately.

4 min read
Do You Pay Taxes on a High-Interest Savings Account?
Savings account interest in Canada is taxable income.

4 min read
How Much Money Should You Keep in Your Checking Account?
Your checking account should generally hold enough for regular expenses.

3 min read
How to Reduce Your Mortgage Payment
Lowering your mortgage payment usually involves reducing your interest rate, extending your amortization or paying down part of the balance.

4 min read
How many RRSP Accounts can I have
Tailor your retirement strategy with KOHO. Learn about the flexibility of having multiple RRSP accounts. Join KOHO for a diversified approach to retirement planning.