Dave Ramsey tells a mechanic from Canada what to do after learning he makes $200,000/year but has nothing to show for it
On paper, Jackson’s debt-free status and $200,000 annual salary might look like an easy ticket to financial freedom. But in reality, the 25-year-old heavy-duty mechanic from Canada admits he’s often staring at a bank account that doesn’t reflect his hard work or financial progress. “I get my paychecks and I pay my bills with it […]
Punished for being poor: One man calls NSF fees a “poverty tax” and Redditors have thoughts
It started with a Reddit post. User u/Important-Day-8936 shared their frustration with being charged over $1,000 in non-sufficient funds (NSF) fees within a year. “Not because I was irresponsible,” they wrote, “but because I was/am still financially struggling.” "NSF fees are a poverty tax," the redditor declared, "and I’m done staying quiet." Their post hit […]
“I lost everything”: Newcomer alleges $500K scam in Yukon immigration nightmare
A second lawsuit has been filed against a Whitehorse immigration consultant, alleging that nearly half a million dollars was lost in what the plaintiff calls a fraudulent immigration scheme linked to the Yukon Business Nominee Program. Franklin Lee, a Hong Kong national seeking permanent residency in Canada, filed a statement of claim earlier this month […]
Crushed by tuition costs? Here’s how to choose the right loan — and save thousands after graduation
Deciding between a student loan or a line of credit is one of the most important financial decisions Canadian university and college students need to make. To put this in perspective, the average debt at graduation was $17,900 for college and $28,000 for a Bachelor’s degree in 2022, according to Statistics Canada. Rising tuition and […]
My wife and I, both 79, are trying to survive on $2K/month from CPP/OAS. Our house is paid off and we have $50K in savings, but we’re scared of running out of cash — what do we do?
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. Jill and Daniel, both 79, have been retired for over a decade, but are reassessing their financial situation now that they are inching ever closer to 80. While they […]
Buffett, Gates’ ‘Giving Pledge’ fundraiser losing billionaire support despite skyrocketing wealth. Is philanthropy dead or just changing?
In 2010, Bill Gates, Melinda French Gates and Warren Buffett issued a bold call to action: They promised to donate the majority of their vast fortunes to philanthropy. They invited their fellow billionaires to do the same. The Giving Pledge initiative attracted some of Canada’s wealthiest — including names like John and Marcy McCall MacBain. […]
One tech firm says Air Canada owes passengers more than $66 million in compensation for strike-related inconveniences — but Canadian laws could make getting that money difficult
After reaching an impasse in negotiations between the Air Canada component of the Canadian Union of Public Employees (CUPE), a 72-hour strike notice was given on August 13. Three days later, over 100,000 Air Canada employees walked off the job in protest. Though it has been over a month since the strike concluded, the effects […]
‘Leave the cult’ advises Dave Ramsey after a single woman asks if she should buy a house, alone, despite friends and family telling her to wait for a husband
Kate, in her early 20s, is a marketing professional from the state of Michigan who runs her own business and makes US$150,000 a year. She’s managed to save US$125,000 for a down payment on a house, but she’s getting pushback from her friends and family — because she’s single. She wrote into The Ramsey Show […]
Gap’s ‘Better in Denim’ spot and American Eagle’s Sydney Sweeney campaign went viral — but do ‘powerful pop culture’ moments pay off for investors?
Jeans rarely make Wall Street headlines, but the denim feud between American Eagle and Gap has investors paying attention. In late July, American Eagle rolled out its Sydney Sweeney campaign with the tagline “Sydney Sweeney has great jeans.” The ad went viral, but not in the way the company hoped. Critics slammed it as “rage-bait,” […]
Can you save $150 every month and have enough saved by age 65 to retire a millionaire? The Ramsey Show says yes — but there’s a catch
Saving for retirement can feel like an uphill battle. Canadians believe they need approximately $1.54 million for a comfortable retirement, according to BMO’s 2025 Retirement Survey. As financial pressures mount from every direction, many Canadians find retirement increasingly out of reach, transforming what was once viewed as a well-deserved reward for decades of hard work […]