High interest rates aren’t stopping Canadians from crushing their credit card debt — here’s how they’re doing it
In a country where grocery bills keep rising and mortgage payments eat into paycheques, Canadians are fighting back — one credit card payment at a time. A new Money.ca reader poll shows that nearly 90% of Canadians pay their credit card balances in full every month, proving that even in an age of record debt […]
Alberta woman says her recent vacation cost her $100K after a sudden medical emergency. Here’s how travel insurance can protect you from unforeseen costs
Insurance is one of those purchases that can feel like a necessary evil. After all, you’re paying money to cover you in case a rare incident happens. But for Alberta native Dione Amundson, her travel insurance may end up saving her around tens of thousands in medical bills. Amundson and her son traveled to Japan […]
‘It’s insane’: Lawyers are ‘making money’ and residents losing it in a 5-year-long legal battle between one Florida HOA and a frustrated resident
As if it weren’t enough to have to deal with Florida’s hurricanes, residents of Stonebriar in Pinellas County are swept up in a storm of lawsuits between their homeowners association and resident John Siamas. And just like homeowners end up paying for storm damage, they’re on the hook for the costs involved in this war […]
How financially stable am I? You’re doing better than most if you check off just 1 of these 3 boxes
It’s easy, and fairly common, to feel like you’re lagging behind everyone else when it comes to finances. According to a 2025 Leger survey for the Financial Consumer Agency of Canada, 52% of Canadians say they feel “behind” where they expected to be financially, while 1 in 4 (25%) say they feel “significantly behind” because […]
Charlie Munger once revealed 3 reasons Warren Buffett was ‘so much richer’ than him — despite being partners. Use those keys to unlock mega-wealth now
This article adheres to strict editorial standards. Some or all links may be monetized. Charlie Munger wasn’t known for mincing words, and that was never more true than in 2019, when at the Daily Journal Annual Meeting, he received a pointed question about his wealth that made the crowd laugh. “In spite of being partners […]
Gold isn’t like oil, it’s like real estate: Goldman Sachs on what Canadians should know about this asset
Goldman Sachs has compared gold to another rare and sought-after asset: Manhattan real estate. “You can’t pump gold — but you can bid it out of someone’s hands. Gold doesn’t get used — it changes hands and gets repriced,” Goldman Sachs’ analysts wrote in a recent Sunday note. Don’t Miss Want to retire with an […]
Sheriff warns of ‘oil-in-the-engine’ car-buying scam rising — 2 California men arrested. Here’s how it works (and the big red flag to watch for)
Selling a car online can already feel like a trust fall with the internet and for one Newcastle resident, that trust almost backfired. Deputies in Placer County, California, say two Fremont men were arrested after allegedly pulling off a classic “engine oil” scam targeting private sellers. Must Read Thanks to Jeff Bezos, you can now […]
Here’s 1 deal breaker younger employees won’t budge on if employers want them to stick around — is your company working hard enough to retain(/keep) you?
In today’s competitive job market, offering more than just a paycheck is essential to retaining top talent. Financial wellness programs have emerged as a key component in employee benefits packages, aiming to enhance financial literacy and reduce stress among employees. These programs not only support their financial well-being but also contribute to improved retention rates […]
I recently switched health insurers and my therapist has informed me our sessions are no longer covered — and that I owe him $1,800. What can I do?
Having medical insurance doesn’t immunize you against unexpected health-care costs. Just ask the 41% of American adults with health-care debt, even though 90% of the U.S. population has some sort of health insurance. (1) Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you […]
My parents, who are in their 50s, had to borrow $100K in the last 2 years to stay afloat. I’m scared bankruptcy is next. What can I do?
Usually, it’s parents who wonder about their kids’ financial stability as they begin navigating adulthood. But what if you’re 23 and worried about your 50-something parents because they’re deep in debt? You may be concerned if your parents, in their early 50s, had borrowed more than $100,000 in the past two years. This especially holds […]