Steven Porrello, Author at The Motley Fool Canada

Recent Articles

Personal Finance

Surprise! The CIBC Costco Mastercard Isn’t the Best Card to Use at Costco: Here’s Why

March 24, 2022 | Steven Porrello

For Canadians with credit cards that earn more than 1%, the new CIBC Costco Mastercard may not be the best…

Want to Retire Before You Hit 40? Here’s How to Do it Before You Turn 35

March 22, 2022 | Steven Porrello

Do you want to retire early? Here's how.

Personal Finance

2022 Might Be the Best Year to Be a New Investor: Here’s Why

March 22, 2022 | Steven Porrello

2022 is a great year to start investing in stocks. Here's why.

How to Turn Credit Card Rewards Into a $1,000 Emergency Fund

March 21, 2022 | Steven Porrello

Over half of Canadians can't cover a $1,000 emergency expense. Here's how credit card rewards might give your emergency fund…

Aeroplan Mega-Bonus Alert! Get a 100% Bonus on Aeroplan Points Until March 22

March 21, 2022 | Steven Porrello

From now until March 22, you can get up to a 100% bonus on Aeroplan points bought through Air Canada.…

Personal Finance

Having Only 1 Rewards Credit Card Is a Horrible Idea: Here’s Why

March 21, 2022 | Steven Porrello

To truly maximize rewards, you should carry more than one rewards card. Here's why.

How Much Will the War in Ukraine Drive Inflation? 3 Things to Consider

March 17, 2022 | Steven Porrello

What goods will be more expensive in 2022? Let's take a look.

Don’t Have an Emergency Fund? Here’s How to Come Up With $1,000 in a Dire Situation

March 17, 2022 | Steven Porrello

Need $1,000 fast? Don't worry: you have options.

When Shouldn’t You Contribute to Your RRSP?

March 16, 2022 | Steven Porrello

RRSP are tax havens. But they're not for everyone.

3 Unique Challenges Women Face in Retirement Planning (and How to Solve Them)

March 16, 2022 | Steven Porrello

When it comes to retirement planning, women have far more challenges than men. Here's what they can do to solve…

How Can Small Businesses in Canada Help Ukrainians?

March 16, 2022 | Steven Porrello

Small business owners can help Ukrainians in two major ways: donating money and resettling refugees.

5 Things I Don’t Like About the New CIBC Costco Mastercard

March 16, 2022 | Steven Porrello

Here are five reasons I'm disappointed with the CIBC Costco Mastercard.

5 Poor Choices People Make With Their Credit Cards That Feel Smart At The Time

March 15, 2022 | Steven Porrello

These choices might seem smart, but they could have long-lasting consequences.

Why Earning More Money Isn’t the Solution to Your Money Problems

March 15, 2022 | Steven Porrello

Don't be fooled. The answer to your money problems isn't making more money.

Personal Finance

4 Ways Credit Cards Could Make You Richer

March 15, 2022 | Steven Porrello

Here's how to squeeze every reward and perk out of your credit card.

Could the War in Ukraine Have Any Impact on the Canadian Real Estate Market?

March 15, 2022 | Steven Porrello

Will the war in Ukraine hurt the Canadian real estate market?

These Money “Tricks” Might Sound Smart, But Are Actually Dumb

March 15, 2022 | Steven Porrello

These money tips sound smart, but can be costly in hindsight.

The Scary Truth About Retirement: You’ll Never Get There by Saving Alone

March 14, 2022 | Steven Porrello

The average Canadian needs $1.6 million to retire comfortably. How can you get to $1.6 million?

3 Reasons the 2022 Canadian Tax Season Could Be as Weird as Last Year

March 14, 2022 | Steven Porrello

Tax season 2022 has begun, and, according to the CRA, it could be as challenging as last year. Here's what…

Warren Buffett to Homebuyers: If This Describes You, You’re Ready to Buy a Home

March 14, 2022 | Steven Porrello

According to Buffett, there's a clear sign when you should be a homeowner.

How to Earn More Than $1,000 Per Month With the Amazon Associates Program

March 14, 2022 | Steven Porrello

If you create content or have a strong social media following, this program could help you earn $1,000 per month…

Here’s How You Can Donate Your Aeroplan Points to Help Ukraine

March 14, 2022 | Steven Porrello

Stand with Ukrainians by donating your Aeroplan Points to Doctors Without Borders or Miles4Migrants.

Personal Finance

Watch Out! Don’t Get a CIBC Costco Mastercard Until You Consider These 5 Weaknesses

March 11, 2022 | Steven Porrello

Before you sign up for the new CIBC Costco Mastercard, consider these weaknesses.