This San Diego married couple lives paycheck to paycheck on $500K-$600K a year — admits to $30K in monthly expenses including car lease payments. Here’s Dave Ramsey’s advice
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. Despite earning an estimated combined income of $500,000 to $600,000 a year, Bill from San Diego admits he and his wife struggle to save any money — and it’s […]
Here’s the withdrawal rate Canadian retirees need to start using in 2025, according to new report — and it’s shockingly low
Retirees, brace yourselves: The golden rule of retirement withdrawals just got a cold dose of reality. A new report from Morningstar recommends the safe withdrawal rate for retirees in 2025 is a mere 3.7% — a significant adjustment from the decades-old 4% rule that had dominated retirement planning. Amid rising costs, volatile markets and new […]
Rick Harrison says this 1 shiny asset has gone ‘absolutely nuts’ because governments are ‘buying it all’ — and printing money ‘like confetti.’ 3 ways to gain exposure to the shockproof metal
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. With stocks, crypto and numerous other investment options, who would have thought that gold — a precious metal used in trade for millennia — would be the one going […]
What are the income tax brackets for the 2024 tax year?
Tax season is upon us. Gathering your T-slips and receipts to start crunching the numbers can be anxiety inducing. If you think you might owe money, getting an early start can help soften the blow. Regardless of your situation, knowing the tax brackets helps you prepare. Remember: The official deadline to file your 2024 tax […]
‘People are going to lose their property’: This Illinois woman’s property tax is poised to pop from $756 to over $10,000 — a shocking 1,222% spike. Here’s why she’s not alone
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. Landowners in Montgomery County, Illinois are grappling with a dramatic spike in property taxes after having their bills reassessed. Brandi Lentz told 5 On Your Side she paid $756 […]
Vanguard just issued a crucial warning for future retirees — here’s why ‘retirement is changing’ and how to prepare
When picturing the traditional idea of retirement, you may think of a lucky person blowing out the candles on a cake, getting a gold watch as a parting gift and heading off to the golf course. Although, for many, that’s not what retirement looks like — it’s also not what a growing number of future […]
5 big things that disappear after you retire in Canada – Are you prepared?
Retirement is often seen as the long-awaited reward after years of hard work. The daily grind of morning alarms, office politics and stressful commutes finally come to an end, regaining full control over your time and how you spend it. While retirement offers newfound freedom, it also brings some unexpected losses. Some, like a steady […]
Warren Buffett’s Canadian stock pick—and how you can invest like a pro
Legendary investor Warren Buffett set his sights on Canadian companies in 2024 — and captured the attention of investors after securing a sizeable stake in Canadian-based insurance provider, Chubb (NYSE:CB). Known for his strategic value investments, Buffett’s move hints at some promising opportunities within the Canadian market. For Canadian investors, there is one simple but […]
Is homeownership still a pipe dream? Home affordability slipped further in 12 of 13 major markets, report shows
While the Bank of Canada interest rate has dipped over the past few months, home affordability slipped further in January, as rising prices raised the income needed for a mortgage in 12 of 13 major markets, according to a report by Ratehub. This marks the second month in a row where affordability declined. Prior to […]
Here’s the travel credit card combo I swear by—using the Amex Cobalt and the Scotia Passport Visa Infinite cards
The Amex Cobalt and the Scotia Passport Visa Infinite are two of the best travel credit cards out there, but who says you have to pick just one? As an experienced traveller, I’ll show you how using both can elevate your trips around the world. It may sound like overkill, but trust me, this combo […]