Canadians’ spending is increasing year-over-year — putting retirees at risk of this 1 ‘spending shock.’ Here’s how much emergency savings you need to be retirement ready

Many would-be retirees assume that once they reach those precious golden years, their spending will naturally decline — but that’s not necessarily a given. Those who have retired are seeing huge fluctuations in their annual spending — and it’s upending a lot of people’s budgets. Whether you’ve got a sizable nest egg or not, it’s […]

Man loses $100K in online scam to a NASCAR pro impersonator — here’s what The Ramsey Show hosts say he should do next to rebuild and recover

In February 2024, Burlington, Vermont resident Mark, 54, accepted a Facebook friend request from an impersonator claiming to be NASCAR driver Denny Hamlin. Over several weeks, the impersonator claimed that a “briefcase full of prize money” was stuck in customs and that his documentation for entering the United States had expired. Trusting his new “friend,” […]

Paul Krugman warns tariff ‘chaos’ won’t bring back US manufacturing jobs — and adds Trump’s moves make America look like Denmark. What does that mean?

Make America Denmark Again? That’s not quite what celebrated economist Paul Krugman said on a recent episode of Wall Street Week. But he did draw a connection between Denmark’s Value-Added Tax on imports, President Trump’s tariffs and his promise to pay down the U.S. deficit. Must Read Thanks to Jeff Bezos, you can now become […]

This man can’t decide whether to leave the business he helped create. Here are 2 reasons Dave Ramsey says he needs to be bought out immediately

When Colin from Arizona called into The Ramsey Show, he was facing a dilemma that many Canadian entrepreneurs eventually encounter: Whether to stay in a profitable business he helped build or walk away entirely. Colin earns about C$700,000 annually from a company generating roughly C$4 million in revenue. Despite the healthy income, his mental and […]

Forget billionaire Charlie Munger’s rule about saving your first $100K — here’s why everything changes when you hit $20K, and how to take advantage

This article adheres to strict editorial standards. Some or all links may be monetized. If you’re trying to build wealth, your first six figures in savings is a huge milestone. That’s according to the late billionaire Charlie Munger. “It’s a b——, but you gotta do it,” Munger told investors at an annual Berkshire Hathaway meeting […]