The cost of college is up 40% since 2000 — and some parents are now ‘gaming’ the system to avoid debt traps. Here are some strategies to help save
If you’re a parent who’s saving up for college, you’re going to want to read this. A recent Bloomberg article highlighted how difficult it is for parents trying to avoid racking up debt for their children’s education. [1] Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 […]
Major bank flags this southern US city as the world’s biggest real estate bubble risk — with 1 metric topping 2006 housing bubble levels
This article adheres to strict editorial standards. Some or all links may be monetized. Florida’s housing market boomed during the pandemic, as Americans flocked to the Sunshine State in search of warmer weather, lower taxes and more space. But that surge has now pushed one of its biggest cities into dangerous territory: Miami has just […]
Gen Z still relying on parents’ pockets to survive, BMO survey finds
Canadian parents are increasingly serving as a financial lifeline for their adult children, with a new survey showing one in five Gen Zers rely on family support just to cover day-to-day expenses. The findings highlight a deepening trend of intergenerational dependence as young Canadians struggle to balance high living costs with slow wage growth. According […]
‘Triumph of the optimist’: The more optimistic you are, the better your savings are likely to be — why positivity is tied to greater savings long-term
“Don’t Worry, Be Happy” — it’s both an earworm and, as it turns out, sound financial advice. That’s because data shows that people who are optimistic save more money for the future than those who aren’t — especially when it comes to low-income earners. Must Read Thanks to Jeff Bezos, you can now become a […]
Leave more than money: practical legacy planning for Canadians
Many Canadians dream about the legacy they will leave behind — not just money, but the values, traditions and lessons for loved ones. Thinking ahead about how your wealth and life experiences will shape the future can provide clarity and peace of mind. That’s where legacy planning comes in. Legacy planning is the process of […]
Mike Rowe says he’s seeing a ‘seismic shift’ in the US workforce as 7.6 million open trade jobs sit unfilled. What’s driving this growing disconnect?
Mike Rowe, host of Dirty Jobs and CEO of the nonprofit Mike Rowe Works Foundation, says the U.S. is undergoing a “seismic shift” in workforce trends — toward skilled trades. “There are 7.6 million open jobs that can’t be filled,” he told Newsmax — a figure that closely aligns with the Bureau of Labor Statistics’ […]
Retiring or relocating and planning to save money by driving your own car there? Here’s how to know if you should shift gears and ship instead
Many people assume the only reasonably priced way to move a car a long distance is to drive it. But for big moves — such as those to a lower-cost state for retirement — student relocations, snowbirds, or situations where a vehicle’s mileage and wear matter, hiring an auto carrier can be both more convenient […]
Spirit Airlines set to drop thousands of flight staff, cut down schedules around the holiday season, reports say. What this could mean for your plans
Spirit Airlines, which filed for bankruptcy for the second time in a year in August, will be furloughing 1,800 flight attendants as part of ongoing restructuring, effective Dec. 1, according to multiple news outlets. (1) The news comes after reports the budget airline would demote 140 pilots on Oct. 1 and furlough 270 pilots on […]
Canadian small businesses pay 20% more tax than U.S. competitors, CFIB warns
Canadian micro and small businesses are paying significantly more in taxes than their U.S. counterparts, according to new research from the Canadian Federation of Independent Business (CFIB). According to the report, a firm with four employees in Canada pays, on average, 20% more in taxes than one of the same size in the United States. […]
Trump administration finally releases $300M in job program funding for low-income seniors — after thousands were left to struggle
On Sept. 30, the Department of Labor (DOL) finally authorized the release of more than $300 million in funding for the Senior Community Service Employment Program (SCSEP), after holding out for several months and leaving thousands of low-income seniors at risk of losing jobs many rely on to survive. Tens of thousands of older workers […]