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A bank draft usually cannot be cancelled once issued because the funds have already been withdrawn.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.