Steven Porrello, Author at The Motley Fool Canada

Recent Articles

Investing

Elon Musk: Here Are 50 Ways to Be Smarter and Catch Biased Thinking

January 20, 2022 | Steven Porrello

Now is your chance to improve your thinking.

Personal Finance

Does The Colour of Your Credit Card Make You Spend More Money?

January 20, 2022 | Steven Porrello

That red credit card might be making you spend more money.

Personal Finance

New to Investing? Here’s How to Choose Your First Market-Beating Stocks

January 20, 2022 | Steven Porrello

Here are some steps you can take to pick your first market-beating stocks.

Personal Finance

Aeroplan vs. Omicron: Here Are the Aeroplan Program Changes Members Can Expect in 2022

January 20, 2022 | Steven Porrello

Here are just five adjustments Aeroplan members should be aware of.

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Personal Finance

Nearing Retirement in 2022? Here’s How to Protect Your Investments from the Next Market Correction

January 19, 2022 | Steven Porrello

If you're nervous about a market correction affecting your retirement savings, here some steps you can take to protect your…

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Investing

What Do Early Retirees Want? Surprise—It’s Not Retirement

January 19, 2022 | Steven Porrello

One of the biggest misconceptions about early retirees is that after reaching retirement, they never want to work again.

Man with no money. Businessman holding empty wallet

Personal Finance

These 5 Popular Side Gigs Promise Big Money but Too Often Leave Us Burned Out and Angry

January 19, 2022 | Steven Porrello

These five side hustles might not be worth your time (or energy).

Hour glass and calendar concept for time slipping away for important appointment date, schedule and deadline

Personal Finance

Mark Your Calendars: You Can Earn 30X on Canadian Tire Purchases on These 2 Bonus Days

January 18, 2022 | Steven Porrello

Get ready for more bonus days under the Canadian Tire Mastercard program

Personal Finance

Here’s Why You Should Never Hoard Your Canadian Tire Money

January 18, 2022 | Steven Porrello

Let's take a look at three reasons why you should spend your CT money rather than save it.

Personal Finance

3 Popular Rewards Card “Hacks” That Don’t Actually Work in Practice

January 18, 2022 | Steven Porrello

Here are three credit card "hacks" that won't earn you rewards.

Personal Finance

How to Get a Lower Mortgage Rate Without Breaking Up With Your Lender

January 17, 2022 | Steven Porrello

Want to lock in a historically low mortgage rate before the Bank of Canada hikes them up? Here's how.

Personal Finance

Bank of Canada’s Warning to Potential Homebuyers: You’re About to Go Into a Tonne of Debt

January 17, 2022 | Steven Porrello

Let’s take a look at one of the primary reasons the Bank of Canada is suggesting now is not the…

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Personal Finance

4 Million-Dollar Habits of the Super Rich That Every Canadian Should Learn

January 13, 2022 | Steven Porrello

How do the super-rich find success and insight? Easy. They develop these four million-dollar habits.

Personal Finance

Want to Save $1,000 in 2022? 5 Easy Ways To Do It Before the End of January

January 13, 2022 | Steven Porrello

Here are five ways to end January with a $1,000 in your savings account.

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Personal Finance

What’s it Like to Spend Elon Musk’s Money? This Online Game Lets You Spend $217 Billion

January 11, 2022 | Steven Porrello

If you had US$217 billion, how would you spend it? This fun website helps you decide.

Personal Finance

Inflation Will Make These Expenses More Costly in 2022: Here’s What You Can Do About it

January 11, 2022 | Steven Porrello

What will require more space in your 2022 budget? Let's take a look at four key expenses.

Personal Finance

Is it Possible to Keep Credit Card Rewards When You Return a Purchase? Yes, But Only Like This

January 10, 2022 | Steven Porrello

In this one case, you can keep credit card rewards after you make a return.

Personal Finance

Everyone Says You Need a Budget. But Do You? Here’s Why it Might Not Work for You

January 9, 2022 | Steven Porrello

The 50/30/20 budget ... the zero-based budget ... the envelope budget: do you really any of these? Here's why some…

close-up photo of investor Warren Buffett

Personal Finance

Warren Buffett to Young Investors: If You Want to Retire Wealthy, Build a “Very Long Hill”

January 8, 2022 | Steven Porrello

If you want to retire wealthy, then "put a small snowball at the top of a long hill."