I put a $2,500 emergency car repair on my credit card 2 years ago, but I have since lost my job — I now owe over $4,900 with interest of 25%. How can I get out of this mess?
Unexpected car repairs can throw a wrench into your financial plans. If you don’t have the money to cover the costs, putting the bill on your credit card may seem like a good solution at the time. The problem is that credit cards have high interest rates, and your debt can snowball if you don’t […]
Junk fees are taking a toll on Canadians’ financial and emotional wellbeing
For Canadians already feeling the pinch of rising costs, junk fees — unexpected or hidden charges tacked onto financial transactions — add a new layer of stress and frustration. According to new research from global technology company Wise, over half (57%) of Canadians say their emotional well-being has been negatively affected by these fees, with […]
Make sure you sell these 7 things before you retire — it can make (and save) you thousands of dollars
As you approach retirement, financial planning takes centre stage. While many focus on savings and investments, there’s another often-overlooked strategy to bolster your nest egg: Getting rid of stuff you no longer need. It’s not exactly the KonMari Method, but downsizing your home, clearing out your garage and selling key assets before retirement can generate […]
Warren Buffett once shared his simple strategy for avoiding big mistakes in the stock market — says you ‘don’t need to listen’ to gurus, read the news or do anything after. Are you invested?
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. When it comes to investing, few command more respect than Warren Buffett. The reason is simple: from 1964 to 2023, his company, Berkshire Hathaway, delivered an astonishing overall gain […]
Expert warns of a severe market collapse — offers 3 options to shelter investments
Canadian markets have shown resilience in 2024, with the S&P/TSX Composite Index and key sectors such as energy and financials posting solid gains. However, renowned investor Jim Rogers warns that a financial storm is looming. In a recent interview with ET Now, Rogers cautioned that the North American equities markets are long overdue for a […]
This critical formula can transform your personal finances for the better — and it’s simple to calculate. Here’s how to use it for riches in 2025
Imagine a future where financial freedom isn’t just a dream but a clear, achievable reality. What if the key to unlocking that future was as simple as a basic formula? The good news is there is a game-changing strategy — the Cash Flow Formula — that has the potential to reshape your relationship with money […]
Trump says USA doesn’t need Canadian oil, gas, autos or lumber: How this stance could impact Canadian industries and investors
President Donald Trump’s address to the World Economic Forum in Davos has sent shockwaves throughout Canada’s economic and investment communities, further fueling the economic uncertainty that has been a defining feature of his return to the Oval Office. Trump, who appeared via video conference, remarked how the US doesn’t need Canadian oil, gas, autos or […]
I spent $150K trying to flip a house in Dallas like those reality TV personalities — but it’s been sitting on the market and my mortgage costs are suffocating me. What are my options?
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. While TV shows make home flipping look easy, in reality, it’s a high-risk investment. Professional flippers often put in a lot of sweat equity, or they have a network […]
‘Make sure you can touch it’: Rap star Rick Ross followed his mom’s financial advice early in his career — now he’s getting rich off this 1 asset thanks to her
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. Becoming a star in the music industry can be incredibly lucrative. Once you’ve made it, however, figuring out how to maintain and grow your wealth is the next challenge. […]
Lack of fast and reliable charging is the top issue for Canadian EV owners
Canadian EV owners’ biggest challenge is a lack of convenient and reliable public charging options. This is according to a Canadian Automobile Association (CAA) survey of 16,000 EV drivers across the country. "Our survey paints a picture of people happy they bought an EV, saying they are cheaper to operate and easier to maintain than […]