I’m thinking about paying off a 2.5% loan of $5,000 so I can be debt-free — and wonder if that’s a horrible idea. How to weigh the financial pros and cons of paying off small debt fast
You want to get to debt-free status as soon as possible, and all that’s standing in your way is a $5,000 loan with a 2.5% interest rate. Paying it off and freeing up those monthly interest payments for other purposes is naturally appealing. What should you do? Don’t miss I’m 49 years old and have […]
How much is the average Social Security check of a middle-class retiree?
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. Social Security is an important piece of the retirement puzzle, particularly for middle-class retirees who count on the safety net to supplement their post-career income. But if you see […]
‘I can’t open my window’: Houston tenants file 30 health department violations after living for weeks with stench of overflowing garbage bins, no AC or hot water — how things got so bad
Residents of the Westbury Reserve Apartments in southwest Houston are finally seeing some relief after weeks of dealing with the stench of uncollected garbage, no hot water and no air conditioning. "I can’t open my window. I come out here every day, especially with that rain. You know how that smells,” resident Bernard Joseph told […]
Ottawa woman accuses husband of ‘love bombing,’ leaving her $300K in debt
Browsing the internet or social media will bring about many first-hand accounts of dating and marriage horror stories that would render even the most hopeless romantic a cynic. Here’s one such story. Christina MacCrimmon of Ottawa claims she was the victim of ‘love bombing’, that left her nearly $300,000 in debt. "It’s just unimaginable to […]
Why are egg prices suddenly cracking? A mix of market shifts, supply changes and seasonal demand could mean big news for grocery shoppers
Grocery shoppers have been forced to scramble since egg prices have been consistently high. With the cost of Grade A eggs hitting a record high of $5.90 per dozen in February, and still high at $5.12 in April, many consumers have had eggs on their faces. This was the highest price consumers had ever paid […]
Canadians are worried current market volatility will impact their future financial independence
Invest, save and then invest some more. This is the advice many Canadians receive when seeking a financial plan – the specifics of the investments and savings notwithstanding. But current market volatility may be putting somewhat of a damper on those thoughts of financial independence. Almost half (48%) of all respondents in the annual RBC […]
‘I feel lousy’: Tampa woman, 83, paid a heavy $4,500 toll after being hooked by trendy phishing text. Here’s what the scam looks like — and how to avoid falling for the bait
When Ed Mondello’s 83-year-old wife received a text message about an unpaid toll, it seemed legitimate. “They said she didn’t pay the toll and had to pay $6.99 by a certain time,” the Tampa Bay resident told WFLA News. “If not, it would go to her credit report, and she would lose her registration. I […]
New Brunswick man fined more than $4K for an accident that happened 60 years ago
An 86-year-old New Brunswick man is facing a hefty fine for an accident he has no memory of — an incident that took place 65 years ago in Toronto. Ossie Gildart was shocked to learn that his driver’s licence had been suspended due to an uninsured accident from 1960, after a recent fender-bender led him […]
Peter Schiff just blasted America’s trade deal with China — warns the Asian nation won by calling Trump’s ‘bluff’ on 145% tariffs, agreeing to ‘nothing’ in return. Is he right?
While the White House is trumpeting the “Art of the Deal,” some may say the recent U.S.-China trade deal is a chapter out of “The Subtle Art of Getting Steamrolled.” Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest […]
Hey gals, here are the worst mistakes you’re making with money
Ladies, we can be truly savvy with our dollars, especially when it comes to finding a great deal. Women are so good at managing money that 20% of Canadian spouses relied solely on their female partner to set and follow the household monthly budget, according to survey released in 2023 by Loans Canada, the nation’s […]
