Canadians not looking ahead in 2025 with rose-coloured glasses
Many Canadians are looking at their financial well-being in 2025 with at least some level of concern. A new H&R Block survey reveals 64% of Canadians are concerned that 2025 is going to be a challenging year for them financially. "Many Canadians are feeling the pinch of higher costs-of-living and are looking to manage spending […]
Houston man, 52, dies of heart attack days after losing $6,800 in elaborate Wells Fargo scam — now his family wants others to learn the warning signs
Paul Schendel, a 52-year-old father of three from Houston, died of a heart attack just one day after Wells Fargo told him he likely wouldn’t get back the $6,800 he lost in a scam. According to his sister, Karen Schendel, Paul was disabled from a back injury and had long struggled with serious health issues, […]
I’m 33 and I’ve hustled hard to make something of myself. Now my sister, 29, is asking to borrow money — again. I can afford to help, but I don’t want to this time. What do I do?
Is lending money to family always the right thing to do? Consider the case of Eric, a 33-year-old who is debt-free, owns his own business and lives comfortably after years of hard work and risk-taking. When his 29-year-old sister recently asked him to cover a few months of her rent, he said no. Don’t miss […]
I have $2,700 in extra retirement income each month. Is it enough and what should I do with this money?
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. Before you retire, you want to make sure you have enough income to cover your spending needs. But, plenty of people hope to leave work with the ability to […]
I’m 57, divorced and make $170K/year, but only have $60K in an RRSP. I help my mom and kids financially, and don’t feel like I’ll ever be able to retire. Is there any hope?
Saving for retirement throughout your career is important, but it doesn’t always happen for everyone — especially if you’ve been through some challenges in your life, like a divorce. If you’re 57 and working full-time making $170K, you’re earning more than most people in your position. According to Statistics Canada the median annual income was […]
I’ve been a stay-at-home mom for 5 years but we’re struggling to get by on my husband’s $80K salary — does it make better financial sense for me to go back to work and pay for day care?
Many stay-at-home moms barely managing month-to-month find themselves weighing whether a part-time job or going back full-time (and paying for day care) makes more sense. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 of the easiest ways you can catch up […]
‘We are tired of sucking’: Legendary Chicago restaurant abruptly closes after 63 years, blaming ‘insurmountable’ struggle to retain quality staff
Gale Street Inn has been a Chicago hot spot since 1963, but it abruptly closed down in June after more than 60 years in business — and the owner cites staffing problems. According to an NBC5 Chicago report, the establishment’s owner, George Karzas, stated in an Instagram announcement that "the challenges of hiring and maintaining […]
Auto theft continues to climb in Alberta
Car theft is becoming a major financial issue for Albertans. According to new data from the Insurance Bureau of Canada (IBC), the cost of auto theft in Alberta surged in 2024 and has climbed dramatically over the past three years. Auto theft claims in the province totaled $110.3 million in 2024, a sharp rise from […]
My mom, 60, is deep in debt and she’s demanding I take out a loan to help her pay it off — I already said no but now she’s telling everyone in our family I’ve ‘betrayed’ her. What do I do?
Picture this: Tabatha, 29, is a registered nurse who makes about $80,000 a year. She’s always been responsible with her money, which means she’s debt-free, has an emergency fund and is setting aside money for her future. But her mom, who is $20,000 in debt, is now pressuring Tabatha to take out a loan to […]
This single mom says she was left on the hook for $50,000 on 2 auto loans after she thought she’d refinanced with a New Jersey dealership — and now the dealership is being investigated
On June 18, NBC 10 reported that prosecutors are investigating a Burlington County, New Jersey car dealership. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you […]