Gen Z Canadians are better at saving for retirement than millennials. Here’s how you can start saving young
How did you learn financial concepts growing up? If you’re a Boomer or a Gen X, you might mention important books or classes you took. If you’re a millennial like me, you might tout literature alongside more digital mediums, like podcasts or even videos. But for Gen Z, many of them are leaning on purely […]
Canadians are increasingly keeping more cash on hand as the world becomes more digitized — Is this a smart move?
“Cash is king." For millennials and generations before them, this phrase reminds them of a time before digital wallets, online payments and plastic payment methods. Now you might think the notion is obsolete given the technology in our pockets. But, according to a recent Bank of Canada (BoC) report surveying payment methods of Canadians, it […]
Stop wasting $100+ a year on credit card fees — 5 smart ways Canadians can escape them for good
Canadians love their rewards — nearly 90% of households own at least one credit card, and 55% of rewards cardholders pay an annual fee to unlock perks like travel points, cash back, and insurance, according to a report released by the Canadian Bankers Association. With fees ranging from $24 to $699, these costs can quickly […]
The ‘Godfather of AI’ says the rapidly developing technology will spike unemployment- should you be concerned?
Geoffrey Hinton, called the ‘godfather of AI’ because of his pioneering computer science work earning him a Nobel Prize in 2024, is predicting a major spike in unemployment because of the technology. In an interview with Financial Times, (1) Hinton explained his concerns with AI and how he predicts that the capitalist system is going […]
Stop overpaying — here’s how 15 Canadian stores will match or beat prices so you never waste money again
A great way to save money on a shopping trip is to look out for price match guarantees or price beating policies. Participating stores will usually ask for either a digital or physical proof that a competitor is offering that exact item for a lower price. Not only can price match policies save you money […]
Most Canadians aren’t ready for the $1 trillion wealth transfer
As Canada’s population ages, a massive wealth transfer is looming — one experts say many households aren’t ready for. The Great Wealth Transfer, which predicts a staggering $1-trillion reallocation of wealth, has raised concerns about Canadians’ preparedness for what will happen to their estate once they pass away. This concern is not without merit. According […]
You can’t fix what you don’t track — do you really know where your money goes?
Your credit score might just be three digits, but those numbers can make a big difference in your life. A strong score can open doors to lower mortgage rates, cheaper insurance, and better loan offers — savings that can add up to thousands of dollars over time. In other words, the better your credit, the […]
Majority of Canadians don’t think they will ever get to retire, according to HOOPP survey
Affordability challenges and economic uncertainty have many Canadians feeling anxious about retirement. A new survey from the Healthcare of Ontario Pension Plan (HOOPP) and Abacus Data shows that rising costs for housing and everyday essentials are reshaping how Canadians think about their financial futures. Two-thirds (66%) of unretired Canadians now expect they will have to […]
After the 2025 market slump, is it finally save to buy stocks again?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Markets have steadied after a turbulent spring when President Trump’s sweeping tariffs on Canada, Mexico and China rattled global investors. The S&P 500 and TSX have since clawed back […]
The Buffett Indicator is screaming danger — Canadian investors face a riskier bubble than 1999. Is it time to dump stocks?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Momentum in U.S. stocks just keeps building, with the S&P 500 recently hitting fresh record highs. Yet despite the market euphoria, one criterion — popularized by none other than […]