New cars cost nearly $50K on average — $10K more than 5 years ago. Here are the financial realities of buying a new car and how to manage auto financing wisely
Like just about everything else in the world, new cars have become quite expensive in recent years, and that cost doesn’t seem to be coming down any time soon. According to data from Kelley Blue Book, a new car now costs about $10,000 more than it did five years ago, with the average new vehicle […]
I’m in my early 60s, make $200K and I’m planning to retire in a year. How do I figure out if I’m truly ready to retire, and how can I make the most of my final year of work?
Canada doesn’t exactly have an official retirement age. Sure, there are age-related requirements you need to meet to be eligible for certain programs like the Canada Pension Plan (CPP) and Old Age Security (OAS). But otherwise, you get to decide when you want to retire. Let’s say, for example, that you’re in your early 60s […]
8 pawsome ways to save on pet care costs
Pets change our lives for the better, and not just because they’re fuzzy, tail wagging bundles of unconditional love. According to the Human Animal Bond Research Institute (HABRI), pets foster connection and community, encourage mindfulness, focus and healthy habits and support resilience and recovery. But, pet parenthood gets expensive when you factor in food, vaccinations […]
23andMe faces major crisis: CEO resigns, stock crashes and bankruptcy sparks fears over user data — what it means for millions of customers
Would you trust a company with your most personal data — your DNA — if it was on the brink of collapse? Millions of 23andMe customers are now facing that unsettling reality as the genetic testing company faces an uncertain future. The California-based company offers DNA self-testing kits for users to explore their ancestry. It […]
‘A lot of unknowns here’: Dealerships and repair shops say they have no way of calculating how hard tariffs on car parts will hurt — here’s what drivers can do to stay in control
Though only a week has gone by since President Trump moved forward with 25% tariffs on imported cars, the lack of clarity on how the tariffs will be implemented has auto makers, mechanics, industry experts and consumers feeling uneasy about the future. Trump recently initiated a 90-day pause on most of his global tariffs, but […]
Mystery $6,000 deposits are showing up in the bank accounts of Social Security beneficiaries — and about 3 million US seniors can expect the money. Here’s why and how to tell if it’s legit
If a $6,000 deposit recently landed in your bank account out of nowhere, you’re not alone. While the Trump administration has stirred worries about potential cuts to Social Security, at least 3.2 million Americans are set to receive an increase in their benefits thanks to a rule finalized during the Biden years. Don’t miss I’m […]
Rocket is set to buy Mr. Cooper in $9.4B deal, servicing over $2.1T in loans for nearly 10 million Americans. What does the power move mean for the future of mortgages?
In a deal set to shake up the mortgage industry, Rocket Companies is making a "bombshell" acquisition, buying Mr. Cooper, the largest mortgage servicer in America. The deal, worth $9.4 billion, will give Rocket a massive $2.1 trillion servicing portfolio, reaching nearly 10 million customers — that’s roughly one in six mortgages in the United […]
Dave Ramsey just issued a blunt reality check to Americans under 40: ‘If you don’t retire a millionaire, that’s no one’s fault but yours.’ Here’s the math to hit $11,600,000 at 65
While the headlines have been dominated by a rollercoaster in the stock market, financial guru Dave Ramsey isn’t going doom-and-gloom. In fact, the radio host believes every young American has a shot at becoming a millionaire. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. […]
‘I can’t even come to my home’: Eviction battle leaves Texas landlord barred from rental home — and headed towards bankruptcy. How to protect your real estate assets during tenant disputes
What happens when your tenants are driving you to financial ruin, but you can’t kick them out during an ongoing eviction battle? That’s the problem faced by property owner Akosua Danquah in Iowa Colony, Texas. Her tenants have stopped paying rent and call the police when she tries to check on her home. Though she’s […]
Air travel between the US and Canada is set to plunge 70%, and domestic tourism has also slowed — how to plan your trips as Trump’s policies hit travel demand
Many Canadians have decided not to travel in the U.S. as a trade war continues. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest ways you can catch up (and fast) Gain potential quarterly income through this $1B private […]