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Personal Finance

Is Canada on Track for a Retirement Crisis?

Ask any three Canadians if the country is on the brink of a retirement crisis, and two will respond, “Yes.”…

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Personal Finance

Are You Part of the 28% of Canadians at the Doorstep of a Financial Emergency?

If you’re living paycheque to paycheque, you’re not alone. According to the latest Financial Wellbeing Index by Lifeworks, around one…

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Personal Finance

Is China’s Crypto Ban Catastrophic for Bitcoin? Not For Canadian miners

Bitcoin hit US$60,000 per share, nearing its all-time high of US$64,895. For anyone who has been following the catastrophes that…

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Personal Finance

Cash Back vs. Rewards: Which Will Earn You More This Holiday Season?

Both cash-back and rewards cards can help you amass extra money this holiday season. But which will help you earn…

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Personal Finance

Want to Retire Right Now? Consider Living in 1 of These 5 Countries

Move to a place where the cost of living is substantially lower than where you live now.

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Personal Finance

How to Retire a Millionaire With $100 Per Week

One technique has helped millions of average Canadians retire with dignity and wealth: compound interest.

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Personal Finance

What Does “Transitory” Inflation Mean?

From food to gas, inflation has made the cost of living in Canada much more expensive. Banks are calling this…

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Personal Finance

Here’s What an 18-Year High for Inflation Means for the Average Canadian

The more I hear about inflation, the more I've come to believe we're living in a second pandemic -- this…

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Personal Finance

Just How Bad Will Heating Bills Get This Winter?

No, it’s not just in your head. In the last few weeks, your everyday needs have gotten more expensive. Gas…

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close-up photo of investor Warren Buffett
Investing

Want to Join the Billionaire Club in Canada? Here’s How Warren Buffett Can Help

For years, Warren Buffett has astounded investors with his pithy wisdom, carefree attitude, and frugal living (he’s lived in the…

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Personal Finance

3 Investments That Could Crush New Investors’ Dreams of Becoming Rich

If you're looking for investments to avoid, here are three that top the list.

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Personal Finance

5 Things I Really Hope the CIBC Costco Mastercard Doesn’t Have

The CIBC Costco Mastercard will arrive sometime in 2022. Here are five things this writer hopes it doesn't have.

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Credit card, online shopping, retail
Investing

Here’s Why You Shouldn’t Cancel Your Credit Card Just Yet

Before you cut up that credit card, here's why you should put down the scissors and give it a think.

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Personal Finance

Here’s Exactly Why Gasoline Prices Are Going Crazy

It’s official: we’ve broken another national record. This week, the average weekly price of retail gas hit an all-time high…

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Personal Finance

Is Now the Time to “Rate-Lock” a Historically Low Mortgage Rate?

Historically low interest rates may be coming to a swift end. The good news -- by doing this, you'll lock-in…

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Credit card, online shopping, retail
Personal Finance

22% of Canadians Switched to a No-Fee Credit Card: Smart Move or Big Mistake?

Wanna pay an annual fee to use a credit card? According to a survey by J.D. Power, around one in…

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Personal Finance

The Risky Housing Play That Could Cost You $230,000

We've all had buyer's remorse at some point. For some, it's spending that extra $100 on rental car insurance (don't…

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Personal Finance

Buy Now, Pay Later: Here’s How You’ll Pay Now … and Later

It’s every consumer’s dream. Buy something online and pay for it later. That’s the sweet promise of the new buy…

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Investing

Sick of Working? Here’s What You Need to Retire Now

It’s a dream most of us secretly have. We’ll wake up tomorrow, call the office, and tell our boss that…

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Investing

Bank of Canada Isn’t Worried About Inflation: Here’s Why Canadians Are Panicking

The law of supply and demand. It’s the bedrock of economics, the “invisible hand” that puts prices where they need…

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Personal Finance

Soaring Home Prices: Tesla Reminds Us Why it’s a Problem for Businesses, Too

House prices don't just affect homebuyers. They can affect an area's economy, too.

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Personal Finance

How Much Can You Make on Airbnb? After Taxes, it Might Be Less Than You Think

Any income you make in addition to your annual salary must be reported on your annual tax filing. That includes…

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Personal Finance

TFSA vs. RRSP: What if You Had to Choose?

Let's take a look at when you should use a TFSA and when you're better off with the RRSP.

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Personal Finance

2 Reasons Early Retirement Scares Me (and 1 Reason It Doesn’t)

The F.I.R.E. movement is attracting many young Canadians -- and skeptics. Here are two F.I.R.E. criticisms that concern me (and…

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Investing

Gas Prices Hitting Historic Highs: Here Are 15 Ways to Save

Here's how to save on gas prices.

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Personal Finance

Banks Finally Hike Fixed Mortgage Rates: Will This Trend Continue?

Will mortgage rates start soaring?

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Personal Finance

Why We Should Be Worrying (No, Freaking Out) About Canada’s Consumer Debt

Though many of our pockets feel fatter from increased savings, MNP LTD. suggests we could be living in a false…

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Personal Finance

Will the New CIBC Costco Mastercard Be Worth it?

Will the CIBC Costco Mastercard be better than the Capital One Costco card?

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Personal Finance

Warning: Many Canadians Are About to Make a Big Financial Mistake

Wondering how to improve your financial picture? Here are some tips.

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Personal Finance

Canada Loses 97% of U.S. Tourists: Air Canada’s Response? Priority Boarding for “Elite” Passengers

To revamp Canadian tourism, Air Canada now offers status matching (through the Aeroplan loyalty program) to American frequent flyers from…

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Credit card, online shopping, retail
Investing

CIBC Is the New Costco Mastercard Partner: What Does This Mean for You?

Here are the facts on CIBC's new Costco Mastercard -- and what we hope to see...

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Personal Finance

No Savings at 40? Here’s How to Get Your First $1,000

Though it can be nerve-wrecking to hit 40 without a dime saved for retirement, time is still on your side.…

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close-up photo of investor Warren Buffett
Personal Finance

50% of Canadians Have No Plan for Retirement: Here’s How Warren Buffett Can Help

Panicking at the thought of the "R" word? Don't. Here's some retirement advice from Warren Buffett.

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Personal Finance

This 117-Year-Old Japanese Budgeting Method Could Help You Cut Expenses by 35%

Kakaibo is a budgeting technique that encourages you to slow down and focus on your spending categories. Is it right…

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Personal Finance

Here’s Why This Popular Investment Is a Horrible Idea Right Now

Wondering about the pros and cons of annuities? Here are some options...

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Personal Finance

Rising Inflation: 3 Ways You Could Profit

About to hit the panic button over rising inflation? Here's why you shouldn't panic..

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Personal Finance

Higher Taxes Ahead? Good News: Only 10% of Canadians Max Out Their TFSAs and RRSPs

You can bypass the capital gains tax by taking full advantage of your TFSA and RRSP.

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Credit card, online shopping, retail
Personal Finance

Get Twice the Credit Card Rewards: How to Double-Dip

When you double dip on a rewards card, you earn twice the rewards during a single transaction. How is it…

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Personal Finance

Will You Pay 22% More for Home Insurance Next Year?

These days, every prospective homebuyer is fixated on the housing shortage and rising home prices. But if there's one thing…

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Investing

Evergrande Is on the Brink of Collapse: What Does That Mean for Canada?

Wondering what the Evergrande collapse means for Canada? Look no further...

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