This former minimum-wage worker retired at 39 with a $3.5M nest egg — now he’s an American expat living on $185K/year in Dubai. Here’s how he achieved freedom so early (and how you can too)
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. Jamal Robinson didn’t come from money. He started at the bottom, working as a church janitor at 14 before landing a minimum-wage job at Taco Bell, working long shifts…
Scooping up the cost: Chapman’s Ice Cream freezes prices despite US tariffs
Chapman’s Ice Cream has been a staple in grocers’ freezers for almost a half a century and the Ontario-based creamery has stayed proud of and true to their origins as one of the favourite ice creams of Canadian families. The recent trade war with the US is no exception. In response to US tariffs on…
Should you keep all your money in one bank? We take a deep dive into the pros and cons of centralizing your finances in one place
There’s no denying that using one bank is more efficient, convenient and streamlined than storing your money in multiple banks. But is centralizing all of your wealth in one place truly the best way to manage it? As with most decisions, there are benefits and drawbacks to this common financial practice. Here, we break down…
I’m 60, ready for retirement with $1.2M saved. I plan to live off dividend income — not sell assets. Is this really more risky than a ‘total return’ approach?
At 60, if you have $1.2 million saved for retirement, you have more than double as much as most of your peers, according to Statistics Canada. But even though that’s a lot of money, it’s important to manage your sizeable nest egg carefully. You could try to live off of dividend income from your portfolio,…
Jalen Hurts lives in a $2,000/month rental apartment in New Jersey despite $255 million contract — here’s why and what you can learn from the Super Bowl MVP
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. Although he hit the jackpot with a massive $255 million contract in 2023, Philadelphia Eagles quarterback Jalen Hurts still lives like a humble college student. He rents an apartment…
A combined $1.8 million in losses: Victims share their experience with GIC fraud — how to protect yourself from similar scams
In a time when financial insecurity is high and many are looking for ways to safeguard their money or increase their wealth, fraudsters are taking advantage of that vulnerability. Recently, three Canadians fell victim to a fraudulent scheme involving fake Guaranteed Investment Certificates (GICs), losing a combined $1.8 million. The scam, which has been gaining…
Canadians experiencing ‘fraud fatigue’ after targeted scams
Have you ever nearly been convinced by an email, text or phone call that you needed to click a link or share private information? The deluge of messages, virtual or otherwise, that Canadians receive can sometimes make it easy to slip in our vigilance against fraud. A new RBC poll finds 98% of respondents have…
6 reasons why a high-interest savings account can help you fight inflation
Knowing where to put your savings can be a struggle. Investing can lead to high returns, but make it harder to access your cash in a pinch. And on the other hand, while your standard savings account is always accessible, interest rates can be low. If you’re looking for low risk, but hoping for some…
At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?
John spent the last 30 years working. Unfortunately, he didn’t save. To be honest, John only started saving over the last 15 years. Despite some obstacles, John managed to put away approximately $357,000. Now he’s a year away from celebrating his 65th birthday and he wants to know: Can I retire? John isn’t alone. Across…
‘People are going to be fired’: Trump says ‘a lot’ of US government workers with 2nd, 3rd jobs are getting checks — but not even working. How to earn passive income without risking your job
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. President Donald Trump is making it clear that his push for a leaner, more efficient government won’t be slowing down anytime soon. Speaking from the Oval Office last month,…
