How to choose the best student credit card in Canada
Choosing the right student credit card is an important step for Canadian post-secondary students looking to build credit and manage expenses. With the right card, you can not only establish good financial habits but also earn rewards such as cash back and discounts that support your student lifestyle. Here’s how to find the best student […]
‘I sued the state of Missouri’: This man bought a trailer on Facebook Marketplace — but he says when he went to get the title, he was told ‘the only way’ to do that was to sue the state
Ben Shakman, a Wildwood, Missouri resident, purchased a trailer on Facebook Marketplace for $3,500 years ago and thought all was fine. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 of the easiest ways you can catch up (and fast) Robert Kiyosaki […]
Canadians experiencing ‘fraud fatigue’ after targeted scams
Have you ever nearly been convinced by an email, text or phone call that you needed to click a link or share private information? The deluge of messages, virtual or otherwise, that Canadians receive can sometimes make it easy to slip in our vigilance against fraud. A new RBC poll finds 98% of respondents have […]
85 million TikTok views say Dave Ramsey’s advice is outdated — young Canadians refuse to sacrifice to get out of debt
Dave Ramsey has fervently preached financial advice to North Americans for decades — but younger generations are now slamming the white-bearded radio host for offering counsel that doesn’t quite account for the current cost-of-living crisis. One frothy example is Ramsey’s repeated attacks on those who spend money to buy their daily cuppa Joe. In a […]
Ontario landlord hit with $100K fine for wrongful evictions: How this happened and what your rights are as a tenant
Darlene Wesley was by all means a good tenant. The senior from Hamilton, Ontario had never missed a rent payment to her landlord for over two decades. But, despite her virtues, she lost her residence due to an illegal renovation. In February of 2023, Wesley and three other tenants were evicted out of their residences […]
At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?
John spent the last 30 years working. Unfortunately, he didn’t save. To be honest, John only started saving over the last 15 years. Despite some obstacles, John managed to put away approximately $357,000. Now he’s a year away from celebrating his 65th birthday and he wants to know: Can I retire? John isn’t alone. Across […]
Cotton candy, concerts and cash flow: The surprising financial power of Canada’s biggest fairs and festivals
In a country known for its long cold winters, summer in Canada feels like a reward. As the snow melts and daylight stretches into the evening, cities and towns across the country come alive — and nowhere is that energy more palpable than at the local fairs and festivals. From Toronto’s waterfront midway to Calgary’s […]
How one Redditor’s “Buy Canadian” experiment sparked a homegrown lifestyle shift
In a world dominated by imports and fast consumerism, one Reddit user set out to answer a simple question: Can I live my daily life using mostly Canadian-made products? The results were not only surprising, they sparked a groundswell of enthusiasm among others trying to do the same. “I’ll be honest, I didn’t expect much […]
I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you’ll need to make these 3 big sacrifices
If you plan on retiring and rely primarily on the Canada Pension Plan (CPP) you may have heard you will end up being perpetually cash-strapped. So, does that mean you should stay at your job? Learn to survive on noodles? Or work more to build up savings? To help you decide, you first need to […]
Avoid these mistakes: Canadians risk losing up to $100K by ignoring these low-risk investment options
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]