Grocery costs keep simmering as Canadians slash spending, switch brands, and brace for even leaner times
As the cost of living continues to take a larger bite out of most people’s budgets, many Canadians are being forced to make tough choices at the grocery store checkout. In a recent Money.ca reader poll, more than a third of respondents (35.8%) said they’re cutting back on non-essentials in an effort at dealing with […]
These are the top 5 financial lies people need to stop telling themselves, says 1 financial columnist. How many are you selling yourself? (Plus how to handle the ugly truths you’re avoiding)
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. Are you financially honest with yourself? This question is at the heart of Washington Post personal finance columnist Michelle Singletary’s latest money column. In it, she lays out the […]
‘I can make it any number I want’: Florida gas stations are charging customers $1 more a gallon for using credit cards — and it’s completely legal. Here’s how drivers can protect themselves
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. Credit cards have long been a popular and convenient way to pay for most things — including filling up at the gas station — and there are benefits to […]
11,000 more Canadians became millionaires in 2024 — here are 3 secret ways your neighbours are getting rich (and how to copy them)
Last year was an excellent time to be an investor. According to the annual World Wealth Report from Capgemini, 11,000 Canadians became millionaires in 2024 — surging 2.4% from 2023. This increase was aided by a 18.5% gain in the Canadian S&P/TSX, its highest gain since 2021. However, according to Kris Bitterly, head of Citi […]
Residents of this Las Vegas senior living complex say they’re feeling ‘overlooked and abandoned’ — why so many older Americans feel they have to choose between financial and physical security
Residents of a Las Vegas senior living complex are urging management to take action on what they’re calling unsafe living conditions. “We feel overlooked and abandoned,” residents of Acapella Senior Apartments wrote in a letter to corporate property management firm Ovation. In the letter, they complain of lack of security and unsafe living conditions. Retirement […]
I’m 72 and rely solely on Social Security to survive. I always dreamed of leaving my home to my kids, but with $77K in credit card debt and mounting medical bills, is selling my only option?
Imagine this scenario: Christopher is a 72-year-old retiree with multiple medical conditions that limit his mobility. He has no retirement savings, so he’s living off Social Security alone and supplementing this income with credit cards. But now he’s racked up $77,000 in credit card debt and faces some hard choices. Don’t miss Thanks to Jeff […]
BC-based grocer has managed to avoid selling U.S. produce for a whopping 117 days in what 1 expert is calling a ‘real’ boycott. But there are some challenges
A Victoria, BC-based grocer is sending a strong message amid U.S. President Donald Trump’s trade war with Canada — going 117-plus days without selling any U.S.-grown fruits or vegetables, according to Global News. “We’re, you know, just really trying to promote the local farms,” Garth Green, general manager of Urban Grocer, told the news outlet. […]
Melinda French Gates refuses to give 22-year-old daughter any money for her shopping business — despite $31 billion net worth. Do you agree with her reason?
With an estimated net worth of $30.7 billion, Melinda French Gates can easily bankroll her daughter’s business without breaking a sweat. But at a recent summit, the billionaire philanthropist confirmed she is not funding the new venture. Gates didn’t say which of her two daughters she was referring to, but 22-year-old Phoebe Gates recently launched […]
‘We wanted to escape’: This Texas couple ditched the big city to build their dream home for $60,000 out of two 40-foot shipping containers — and they claim you can do it, too
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. Lexi Newkirk and her husband, Diego, weren’t interested in cramped city living. Instead, the young married couple from Austin, Texas, created their very own path to home ownership. “We […]
I’m 60, ready for retirement with $1.2M saved. I plan to live off dividend income — not sell assets. Is this really more risky than a ‘total return’ approach?
At 60, if you have $1.2 million saved for retirement, you have more than double as much as most of your peers, according to Statistics Canada. But even though that’s a lot of money, it’s important to manage your sizeable nest egg carefully. You could try to live off of dividend income from your portfolio, […]