A missing decimal cost a Guelph diner $34K. Here’s how to avoid costly clerical mistakes
A simple typo nearly sank Christos Kyriacou’s summer. Kyriacou, owner of Angel’s Diner in Guelph, Ont., went to pay his internet bill in May. Instead of sending the $341.26 he owed Bell, he missed the decimal point and wired $34,126. “Stupid me didn’t put the decimal,” he told CBC News. “Honest mistake, but a big […]
5 easy ways to save an extra $1000 a month for retirement
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. It’s not always easy to save for retirement. After all, 46% of Canadians live paycheck to paycheck per Leger, which means that many may find it hard to find […]
Focus on these 3 ‘magic numbers’ to become a millionaire in America — and only on these numbers. How do you stack up?
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. There’s so much wealth-building advice out there that it’s easy to feel a little overwhelmed. If you ask ChatGPT "how to become a millionaire," you’re likely to get a […]
Only 5% of retirees say they’re ‘living the dream,’ while a shocking 19% say it’s a ‘nightmare’ — how to save yourself from the same terrible fate
Retirement is often thought of as a time of life when you get to sit back, relax, indulge your hobbies and enjoy the fruits of your labor, but a new survey from Schroders says that for many Americans, that’s not the case. Schroders 2025 U.S. Retirement Survey says that just 5% of retirees say that […]
Stop leaving money on the table: How dividend investing can build lasting wealth for Canadians
Dividends are payments made by publicly traded companies to their shareholders. But beyond the dictionary definition, a dividend paying stock can be an important tool for growing an investment portfolio, particularly if you opt to reinvest your dividends to buy additional stock shares. Dividend payments can provide income for shareholders of all ages. And financial […]
From insurance to street-life stardom: A Toronto walker cashes in
Toronto’s Johnathan Hicks — a 44 year old YouTuber known online as Johnny Strides — has turned his daily city walks into a full-time money-maker. Six years ago, what began as a side hustle filming pedestrian tours around the city has now climbed to “well over six figures” in earnings, he told CTV News. Hicks […]
Man loses $100K in online scam to a NASCAR pro impersonator — here’s what The Ramsey Show hosts say he should do next to rebuild and recover
In February 2024, Burlington, Vermont resident Mark, 54, accepted a Facebook friend request from an impersonator claiming to be NASCAR driver Denny Hamlin. Over several weeks, the impersonator claimed that a “briefcase full of prize money” was stuck in customs and that his documentation for entering the United States had expired. Trusting his new “friend,” […]
Over 30 million American homes don’t have a mortgage right now, report says — and that’s 1 big red flag for the US housing market. Do you own your home free and clear?
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. Housing affordability has become a pressing issue in America — with studies suggesting that buyers now need a six-figure salary to comfortably cover the mortgage on a typical home. […]
Here are the top 5 things happy Americans do really (really) well in retirement — how many are you doing in 2025?
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. Retirement represents a significant transition that most people are eager to make. A recent Wealth Enhancement survey found that 90% of older Americans don’t regret retiring when they did, […]
I’m 26 and recently came into $50K. I’ll get $34K, after tax. Other than rent and insurance, my only big expense is a $27K car loan — should I pay that off, invest it all or a little of both?
A financial windfall in your 20s presents both a challenge and a powerful opportunity to build wealth early. Let’s say you’re 26, with no credit card debt, a $27,000 car loan at 8% interest, and minimal monthly expenses beyond rent and insurance. After taxes, you have $36,000 left over from the windfall to do what […]