High interest rates aren’t stopping Canadians from crushing their credit card debt — here’s how they’re doing it
In a country where grocery bills keep rising and mortgage payments eat into paycheques, Canadians are fighting back — one credit card payment at a time. A new Money.ca reader poll shows that nearly 90% of Canadians pay their credit card balances in full every month, proving that even in an age of record debt […]
Kevin O’Leary raises red flag over Trump’s 50-year mortgage idea. And warns you’ll be ‘friggin’ dead’ before you ever pay it off. Do this instead
This article adheres to strict editorial standards. Some or all links may be monetized. President Donald Trump’s latest pitch for a 50-year mortgage is raising eyebrows in some real estate communities, especially with the average age for first-time home ownership reaching 40, according to the New York Times (1). Critics include Shark Tank’s Kevin O’Leary, […]
Charlie Munger once revealed 3 reasons Warren Buffett was ‘so much richer’ than him, despite being partners. Use those keys to unlock mega-wealth now
This article adheres to strict editorial standards. Some or all links may be monetized. Charlie Munger wasn’t known for mincing words, and that was never more true than in 2019, when at the Daily Journal Annual Meeting, he received a pointed question about his wealth that made the crowd laugh. “In spite of being partners […]
My 27-year-old son lives with me and works at Wal-Mart. I asked him for $650 a month rent but he refuses to contribute. How do I resolve this?
Forget the concept of ‘childhood home’. For a growing number of adult children, the place they grew up is their adulthood home, too. Rohan Shah, an assistant professor of economics at the University of Mississippi, reports in The Conversation that in just 10 years, 1.5 million more young Americans (34 and under) chose to live […]
Fidelity customers say they’re being locked out of 401(k) accounts. Some call it a ‘mind-boggling’ power grab. But here’s the financial giant’s reason
This article adheres to strict editorial standards. Some or all links may be monetized. As a major investment company and financial technology (fintech) platforms fight over access to client retirement accounts, some customers caught in the middle are discovering that the “K” in 401(k) might just stand for “Keep out.” The retirement rumble escalated recently […]
Best places to retire in Europe
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. For a lot of Canadians, retiring in Europe feels like the ultimate dream. Picture this: Sipping an espresso at a little café on a cobblestone street, soaking up that […]
Trump’s ‘no taxes on tips’ policy may be the stupidest tax break ever, according to UC Berkeley tax law professor. How everything comes with a catch
President Donald Trump delivered on his promise to exempt tips from taxes but critics say the “Big Beautiful” policy may deliver a smaller advantage than expected — and could hurt the very workers it’s supposed to help. “I would be hard-pressed to think of a stupider tax policy that’s become law,” Brian Galle, a professor […]
Peter Schiff blasts Trump’s ‘booming economy’ claim, warns real US output is ‘going bust.’ Here’s the big problem (and how to shockproof your assets)
This article adheres to strict editorial standards. Some or all links may be monetized. President Donald Trump has repeatedly touted the strength of the U.S. economy, recently insisting that “our economy is booming (1).” That statement didn’t sit well with economist Peter Schiff. “Donald Trump claims the U.S. has a booming economy. Well, maybe the […]
BOE chief sees ‘worrying echoes’ of 2008 as 2 US firms collapse, warns slicing, dicing of loans have triggered alarm bells. Protect your wealth now
This article adheres to strict editorial standards. Some or all links may be monetized. Leaders around the world are starting to sound alarm bells about a potential financial crisis in the making. Bank of England governor Andrew Bailey recently said he believes there are “worrying echoes” of the subprime mortgage crisis that led to the […]
D.C. landlord ordered to pay $41M after tenants endured years of mold, leaks, and more. Here’s what renters in unsafe living conditions need to know
After years of living with mold, failed heating and hot water systems, rusted walkways and asbestos concerns, tenants at a Washington, D.C. apartment complex have won a massive legal victory. A D.C. Superior Court judge has ordered the owner of Marbury Plaza, a sprawling Southeast D.C. apartment building, to pay $30 million in restitution to […]