I bought a used car with 6% interest but the dealership claims the bank is concerned about my co-signer and bumped it to almost 8%. Am I getting scammed?
I imagine you drove off the lot in your newly financed used car, stoked about your new ride and relieved you scored a decent rate — 6% interest, manageable monthly payments, and the peace of mind you didn’t get fleeced. Don’t miss Thanks to Jeff Bezos, you can now become a landlord for as little […]
This LA building is being taken over by squatters, crime, vandalism, even fires. Owner has spent $100K on repairs — but the city hasn’t acted. Here’s what she’s up against in California
The owner of a commercial building in Huntington Park, California, says she’s been battling squatters for years — and she’s had enough. Dr. Tahani Soliman, who owns an office near Rugby and Slauson avenues, says trespassers have repeatedly caused fires, stolen utilities and stripped rooftop air conditioning units. Despite spending thousands on repairs and security, […]
Mike Rowe says America is in a ‘modern-day Manhattan project’ after we scrapped shop class — now there’s 7.6M blue collar openings. Time to ditch your desk job and make six figures now?
With billions of dollars pouring in to fuel America’s contributions to the ongoing Artificial Intelligence race, Mike Rowe believes we are living through what he calls a “modern-day Manhattan Project.” However, America’s AI efforts face their own set of hurdles, including a lack of skilled tradespeople to build the energy and data center infrastructure needed […]
‘Mother Nature, she’ll claim it back’: Florida residents growing increasingly fed up with vacant home on their street that’s been left to rot — here are the hidden costs of abandoned homes
In the southwest Florida coastal city of Cape Coral, residents of an idyllic neighborhood are fed up — and they say one vacant home is to blame. Don’t miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or […]
Is a rate cut coming in 2025? Here’s what to watch in the next few weeks and months
As inflation slows and consumer spending stalls, many Canadians are wondering when — or if — the Bank of Canada (BoC) will finally cut interest rates. While a rate cut at the next policy announcement on July 30, 2025, seems unlikely, experts are watching several key indicators to assess whether a move is coming before […]
BoC walks tightrope: Growth gains hampered by slowing demand making a hold at 2.75% likely
Canada’s economy grew faster than expected in early 2025. But dig past these positive headlines and just about everyone can see that cracks are forming. This is the situation the Bank of Canada economists are in as they make one of its toughest calls yet: lower rates or stay the course? Split economy complicates the […]
‘There’s a line of crazy running through this conversation’: Dave Ramsey urges caller not to join grandma’s scheme to deceive IRS about $1 million debt
Sarah and her husband rent a place in Los Angeles and are expecting their first child. But she called into The Ramsey Show because of a tricky situation involving her mother-in-law, homeownership and the IRS — one that caught host Dave Ramsey off guard. Why? Because this caller’s situation includes $1 million in debt and […]
My wife and I just sold our home — now we’re fighting about the money. We’re paying 24% on our credit card debt but she’d rather have a rainy day fund. Do I give in?
Imagine a situation where a couple, whose house was paid off, decided to downsize and — after paying for a new, smaller house — has about $50,000 left over. Deborah’s husband, Pete, wants to pay off their $50,000 credit card debt, but Deborah wants to put the money in a high-interest savings account (HISA). Both […]
Most Canadians say a rate cut won’t change how they spend — they’re too stretched to celebrate
Despite high hopes for relief, 72% of Canadians say they won’t shift financial strategy when Bank of Canada lowers rates. As the Bank of Canada eyes another potential rate cut at its July 30 announcement, a new Money.ca reader poll suggests that the majority of Canadians don’t plan to change their financial habits — even […]
Peter Schiff says gold hit a ‘monumental moment’ after soaring to US$3,000/ounce — claims now is the ‘perfect time’ to buy despite ‘media silence.’ Are you prepped for more shocks ahead?
Investors may be feeling uneasy as stocks struggle amid ongoing trade tensions and tariffs. But according to economist Peter Schiff, one asset is standing out amid the uncertainty: gold. “Today marks a monumental moment in gold history as the spot price closes above [US]$3,000 an ounce. Despite the media’s silence, this development is significant,” Schiff […]