Loyalty programs are ‘ground zero’ as companies turn them into ‘data-harvesting machines’ — why this should concern you
Loyalty programs were once designed to thank customers for sticking around, whether that is offering free coffee, airline miles, or grocery discounts in exchange for repeat business. But that long-standing model of mutual benefit is rapidly disappearing. While these loyalty programs are booming in terms of membership, data collection and digital-first strategies, they can increasingly […]
The late Charlie Munger said making your first $100K is the biggest hurdle. Tips to help you make strides in your race to riches
This article adheres to strict editorial standards. Some or all links may be monetized. For investors who are looking to get rich, or at least improve their financial situation, having an investing guru with the wisdom and experience (and positive track record) to follow can be crucial. For millions of investors, Charlie Munger and his […]
Are you rich enough to join the top 1%? Here’s the net worth you need to rank among Canada’s wealthiest — plus a few strategies to build that first-class portfolio
This article adheres to strict editorial standards. Some or all links may be monetized. To be a top 1% earner in Canada, you need to make at least $586,900, according to data released by Statistics Canada (1). The wealthiest households accounted for almost two-thirds (64.8%) of Canada’s total net worth in the fourth quarter of […]
New U.S. rule could cost Canadian snowbirds up to $900 a year
For a typical Canadian couple, new U.S. border rules could add $250 to $900 a year in extra costs — covering document preparation, travel delays and cross-border tax advice — before they even unpack their bags in Florida or Arizona. The new U.S. rule was announced in March and went into effect on April 11, […]
Struggling with a single household income of $80K, this stay-at-home mom asks: Should I return to work and pay for daycare, or stay at home?
Families with stay-at-home mothers may find it increasingly difficult to manage month-to-month on one partner’s salary — leading to questions about whether she should get a part-time job, or if returning full time and paying for daycare makes more sense. A 2025 Statistics Canada survey highlights a disproportionate balance between the number of single-income families […]
Parking lot attendant built a $500K stock portfolio despite earning $12/hour. Here’s how Canadians can apply his simple strategy
Earl Crawley, fondly known as “Mr. Earl,” spent 44 years working as a parking lot attendant in Baltimore, earning no more than US$12 (C$17) an hour or US$20,000 (C$28,000) a year. Yet, against all odds, he built an investment portfolio worth US$500,000 (C$700,000). Crawley’s extraordinary story caught the attention of the PBS show MoneyTrack back […]
Minnesota woman made the down payment for a house with her partner. Now she wants him to get a loan, pay her back. Dave Ramsey says she has 2 choices
Molly from Minnesota sent in a question to The Ramsey Show that prompted Dave Ramsey to give this blunt assessment: “You’re screwed” (1). Molly’s dilemma? She bought a house with her partner, but she made the full down payment. She said her partner shares the monthly payments, but “hasn’t said anything about paying me back […]
I’m 36 and my mother died suddenly, leaving me her sole beneficiary. I’ve made stupid mistakes with money before — how do I avoid a misstep this time?
Receiving a large inheritance may be a happy daydream for many people, but the reality is not always so pleasant. Managing money isn’t easy for many people, especially if they are used to living on very little. Thomas Shortreed, a behavioral financial advisor in Cortland, Ohio, tells Fidelity, “Money is very emotional. It feels good […]
Don’t gamble the farm in your 50s: Morgan Housel warns couples nearing retirement not to chase risky returns — here’s his safe plan for catching up
Deciding when to hang up your boots and finally enjoy the fruits of your labor is one of life’s greatest harvests; it’s also one that deserves a hard look at your finances. A new Bankrate survey shows that 58% of Americans feel their retirement savings are falling behind, leaving many soon-to-be retirees at a crossroads […]
Where should you pull money from first in retirement? Here’s the standard order all retired Americans should consider
This article adheres to strict editorial standards. Some or all links may be monetized. Retirement income and savings take many, many forms but don’t come with a whole lot of instructions when it comes to which to tap first. Liquid savings? Stocks? Bonds? Home equity? Social Security? Even the sale of equipment from a business […]