Personal finance guru Ramit Sethi says there’s no right time to have ‘the talk’ about money with your partner — but the first date is probably too soon
As you prepare for your first date, it’s easy to find yourself rehearsing the perfect small talk: The questions you’ll ask, the answers you’ll give and how to steer clear of awkward silences. But beyond the usual first-date classics, like “What do you do for work?” or “Where did you grow up?” there’s one topic […]
Junk fees are taking a toll on Canadians’ financial and emotional wellbeing
For Canadians already feeling the pinch of rising costs, junk fees — unexpected or hidden charges tacked onto financial transactions — add a new layer of stress and frustration. According to new research from global technology company Wise, over half (57%) of Canadians say their emotional well-being has been negatively affected by these fees, with […]
Make sure you sell these 7 things before you retire — it can make (and save) you thousands of dollars
As you approach retirement, financial planning takes centre stage. While many focus on savings and investments, there’s another often-overlooked strategy to bolster your nest egg: Getting rid of stuff you no longer need. It’s not exactly the KonMari Method, but downsizing your home, clearing out your garage and selling key assets before retirement can generate […]
Expert warns of a severe market collapse — offers 3 options to shelter investments
Canadian markets have shown resilience in 2024, with the S&P/TSX Composite Index and key sectors such as energy and financials posting solid gains. However, renowned investor Jim Rogers warns that a financial storm is looming. In a recent interview with ET Now, Rogers cautioned that the North American equities markets are long overdue for a […]
This critical formula can transform your personal finances for the better — and it’s simple to calculate. Here’s how to use it for riches in 2025
Imagine a future where financial freedom isn’t just a dream but a clear, achievable reality. What if the key to unlocking that future was as simple as a basic formula? The good news is there is a game-changing strategy — the Cash Flow Formula — that has the potential to reshape your relationship with money […]
Trump says USA doesn’t need Canadian oil, gas, autos or lumber: How this stance could impact Canadian industries and investors
President Donald Trump’s address to the World Economic Forum in Davos has sent shockwaves throughout Canada’s economic and investment communities, further fueling the economic uncertainty that has been a defining feature of his return to the Oval Office. Trump, who appeared via video conference, remarked how the US doesn’t need Canadian oil, gas, autos or […]
Lack of fast and reliable charging is the top issue for Canadian EV owners
Canadian EV owners’ biggest challenge is a lack of convenient and reliable public charging options. This is according to a Canadian Automobile Association (CAA) survey of 16,000 EV drivers across the country. "Our survey paints a picture of people happy they bought an EV, saying they are cheaper to operate and easier to maintain than […]
Most Canadians don’t have estate plans, survey finds
A mere 15% of Canadians have a plan for how their money and belongings will be distributed after they’re gone, according to a recent survey from RBC Insurance. This figure only increases to 24% for current retirees. "We often hear people say, ‘I had no idea how hard it would be’," Selene Soo, RBC Insurance’s […]
What would you do with $150K?
Imagine you’ve got an extra $150K in your bank account. What are you going to do with it? Let it burn a hole in your pocket? Take yourself off to the mall for a shopping spree? Or do the responsible thing and invest it? While not everyone will end up with such a large sum, […]
Think that a group life insurance plan through your job is all the coverage you need? Think again
Canadians are clearly seeing the benefits of having a life insurance policy, with 57% of Canadian adults revealing they have life some form of insurance coverage, per a recent study by LIMRA, the largest trade association supporting the insurance and related financial services industry. This represents a three-point increase from a similar study conducted by […]