My aunt, 69, recently confessed she lost her entire $270K life savings in a romance scam. Where does she go from here?
With the increasing popularity of dating apps and social media, romance scams have been on the rise in recent years. In 2023, over $50 million was lost to romance scams in Canada according to the Canadian Anti-Fraud Centre. And while that might seem like a lot of money in itself, it’s important to note that […]
Understanding credit card welcome offers in Canada
Credit card welcome offers are powerful incentives used by issuers to attract new customers. These offers — often referred to as welcome bonuses or new cardholder perks — can include everything from elevated cashback rates and travel rewards points to waived annual fees and exclusive access to premium experiences. But how do these offers work, […]
US boomers are using 2 top secret strategies to spend more in retirement — and it’s earning them fat monthly cash flow while nest eggs stay protected. Are you still using the ‘old’ 4% rule?
The 4% rule is pretty much the gospel for financial advisors and savvy savers. For decades, people planning for retirement have relied on this simple rule-of-thumb to calculate their ultimate financial target. The rule is a guideline that suggests retirees should withdraw 4% of their investment portfolio every year in retirement, with the option to […]
Beyond stocks: Discover lucrative collectible investments for a diverse portfolio
While traditional stocks remain a staple for many investors, today’s market volatility has inspired a search for alternatives that offer both financial growth and a tangible connection to passions. Enter collectible investments: a diverse asset class where fine art, vintage wines, rare trading cards and even classic comic books hold the potential to yield big […]
‘I was like, whoa’: LA County shoppers were stunned by a recent sales tax hike — some now pay over 11%. Here’s how to protect your budget and avoid getting overcharged
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. If you live in LA County, you could pay more at the checkout. As of April 1, the sales tax rate in unincorporated parts of Los Angeles County — […]
Ohio woman, 76, swindled out of $89K after scammer claimed she’d won a $3M sweepstakes jackpot — but she had to pay the taxes first. Now police are searching for other potential victims
A 76‑year‑old Franklin County, Ohio woman thought she’d hit the jackpot when an unexpected caller told her she’d won $3 million in a Publishers Clearing House sweepstakes. All she needed to do, he said, was pay taxes on her winnings, according to The Columbus Dispatch. So, she mailed more than $89,000 in “tax” checks to an Arkansas […]
Alberta implements a $200 EV tax. What does this mean for the future of electric vehicles?
Alberta will begin collecting an annual $200 tax on electric vehicles (EVs) starting Feb. 13, 2025. The new tax applies to all fully electric vehicles at the time of registration, while hybrid vehicles remain exempt. EV owners will be slapped with the $200 tax when they go to register their EV — after the initial […]
Florida firefighters rushed to evacuate 60 residents from high-rise after a massive crack was spotted in one of its columns — why the state still faces safety challenges post-Surfside
In early May, construction crews working in the parking garage of South Beach III Condominiums in Clearwater, Florida, spotted a "several‑foot‑wide crack” in a concrete support pillar. As CBS News reports, they immediately flagged the structural concern, eager to prevent another tragedy like the 2021 condo collapse in Surfside, Florida, which killed 98 people. Within two hours, […]
‘A betrayal of the badge’: Florida police captain one of 11 indicted in alarming years-long VA disability fraud scheme — here’s how insiders faked injuries to steal from US veterans program
A Haines City police captain is among 11 people indicted in a scheme to defraud Veterans Affairs (VA), according to reporting from FOX 13. Captain Gabriel Garcia, who has served with the department since 2007, is accused of fraudulently obtaining a 100% VA disability rating through a years-long scheme orchestrated by allegedly corrupt VA employees. […]
45% of Canadians admit biggest mistake is not saving enough—here’s how poor financial decisions can derail retirement plans
For many Canadians, the weight of past financial mistakes is proving to be more than just a temporary burden — it is actively reshaping their long-term future, particularly when it comes to retirement. A recent study from Money.ca highlights how financial missteps, from overspending to inadequate savings, are delaying critical milestones and forcing individuals to […]