Member Login
  1. Category
    2. /
  2. Personal Finance
    3. /

Personal Finance

Top Articles

Cogs turning against each other
Investing

2 Interesting Value Stocks to Play Defence

| Joey Frenette

Fortis (TSX:FTS)(NYSE:FTS) and Canadian Tire (TSX:CTC.A) are great Canadian value stocks to pick up amid rampant levels of volatility.

Read more »

money cash dividends
Dividend Stocks

How to Earn $500/Month in Passive Income ASAP

| Kay Ng

Here's how you can build a sizeable passive income as soon as possible by saving and investing in safe dividend…

Read more »

Investing

4 Canadian Stocks to Buy After Analyst Boosts

| Amy Legate-Wolfe

These are the best Canadian stocks I would buy in bulk after recent analyst boosts, especially given future performance for…

Read more »

financial freedom sign
Tech Stocks

Investing Guide: 5 Things to Do to Become a Millionaire

| Puja Tayal

What does it take to become a millionaire? Discipline? Hard work? Luck? Find out the role of investing in your…

Read more »

Businessman holding tablet and showing a growing virtual hologram of statistics, graph and chart with arrow up on dark background. Stock market. Business growth, planning and strategy concept
Coronavirus

5 Canadian Growth Stocks That Are Still Undervalued

| Amy Legate-Wolfe

If you're a Motley Fool investor looking for growth stocks that last, these five create the perfect portfolio for you…

Read more »

healthcare pharma
Coronavirus

Forget WELL Health (TSX:WELL) Stock: 1 New Healthcare Stock Already Climbing

| Amy Legate-Wolfe

WELL Health (TSX:WELL) stock has been a strong investment in healthcare tech, but this new stock could prove just as…

Read more »

Construction work on a site
Coronavirus

1 of the Best Canadian Stocks to Buy Remains Super Undervalued

| Amy Legate-Wolfe

Investors continue to watch obvious industries, but this is one of the best Canadian stocks to buy for the rebound…

Read more »

oil tank at night
Personal Finance

3 Energy Stocks to Buy on the TSX Pullback Today

| Amy Legate-Wolfe

The pullback among energy stocks on the TSX today provides the perfect chance to pounce on these strong stocks for…

Read more »

Recent Personal Finance News

Choose a path
Personal Finance

5 Signs You Should Dump Your Brokerage Account Today

| Steven Porrello

If any of these resonate with you, then it's probably time to dump your brokerage account sooner rather than later.

Read more »

consider the options
Personal Finance

How to Invest in Your TFSA Using Credit Card Rewards

| Amy Legate-Wolfe

If you have rewards and dividends, you can continue investing in your TFSA without spending a cent, even when you're…

Read more »

Community homes
Personal Finance

Here’s Why Your Home Isn’t a Good Retirement Plan

| Steven Porrello

Our hot real estate market has made many would-be retirees consider retiring on their home equity. Here's why they should…

Read more »

Mature financial advisor showing report to young couple for their investment
Personal Finance

“Buy American?” Thanks, But No Thanks

| Steven Porrello

A bill is making its way through U.S. congress that lays out Biden's plans around health care, immigration, and climate…

Read more »

consider the options
Personal Finance

4 Things the World’s Most Successful Investors Have in Common

| Steven Porrello

Here's what unites the world's most successful investors.

Read more »

Community homes
Personal Finance

Home Prices Have Ballooned 21.4% Since Last October: Buy Now or Wait for Prices to Drop?

| Steven Porrello

With home prices continuing rise, many Canadians are faced with a dilemma: buy now or see if prices drop?

Read more »

Make a choice, path to success, sign
Personal Finance

3 Warren Buffett Tips on How to Build Wealth

| Kay Ng

Here are three tips originating from Warren Buffett that can change your wealth-building mindset forever!

Read more »

Family relationship with bond and care
Personal Finance

No Retirement Savings at 50? Here’s How to Still Retire a Millionaire

| Steven Porrello

If you don't have a dime set aside for retirement, here's what you'll need to save to retire a millionaire.

Read more »

Young woman sat at laptop by a window
Personal Finance

The 4 Biggest Mistakes New Investors Make (and How to Avoid Them)

| Steven Porrello

Here are four common investing mistakes you can avoid.

Read more »

Economic Turbulence
Personal Finance

Small Businesses Lost $27.6 Million to Fraud Last Year: Here’s How to Protect Yourself

| Steven Porrello

To help you protect your small business from fraud, here are five simple things you can start implementing today.

Read more »

Businessman with his palm open containing a hologram saying 'Why Invest In Cryptocurrency?'
Personal Finance

Here’s Why I’m Not Getting a Crypto Credit Card Just Yet (Spoiler: Taxes)

| Steven Porrello

Crypto cards may help you make purchases with cryptocurrency, not to mention earn rewards. But they come with a twist:…

Read more »

Where to Invest?
Personal Finance

The Problem With Billionaires — According to a Prince

| Kay Ng

With great power comes great responsibility. Certainly, great power comes with having lots of money. Where billionaires like Jeff Bezos,…

Read more »

Shopping for consumer goods
Personal Finance

If the New CIBC Costco Mastercard Has These 4 Perks, Buying a Costco Membership Is Worth It

| Steven Porrello

Let’s face it: a Costco membership card isn’t the most exciting purchase you’ll ever make. After all, who wants to…

Read more »

Credit card, online shopping, retail
Personal Finance

5 Ways You’re Using Your Rewards Credit Card Entirely Wrong

| Steven Porrello

There is a way to lose money on a rewards card. It's called missed opportunities. Here are five ways you…

Read more »

retirees and finances
Personal Finance

Is Canada on Track for a Retirement Crisis?

| Steven Porrello

Ask any three Canadians if the country is on the brink of a retirement crisis, and two will respond, “Yes.”…

Read more »

Personal Finance

Are You Part of the 28% of Canadians at the Doorstep of a Financial Emergency?

| Steven Porrello

If you’re living paycheque to paycheque, you’re not alone. According to the latest Financial Wellbeing Index by Lifeworks, around one…

Read more »

New virtual money concept, Gold Bitcoins
Personal Finance

Is China’s Crypto Ban Catastrophic for Bitcoin? Not For Canadian miners

| Steven Porrello

Bitcoin hit US$60,000 per share, nearing its all-time high of US$64,895. For anyone who has been following the catastrophes that…

Read more »

edit Women wearing red sweater shopping online and using credit card at home office
Personal Finance

Cash Back vs. Rewards: Which Will Earn You More This Holiday Season?

| Steven Porrello

Both cash-back and rewards cards can help you amass extra money this holiday season. But which will help you earn…

Read more »

oil tank at night
Personal Finance

Can You Get Rich on Soaring Oil Prices?

| Kay Ng

Are you feeling confident about investing in oil and gas producers or playing oil futures? Make sure to read this…

Read more »

Path to retirement
Personal Finance

Want to Retire Right Now? Consider Living in 1 of These 5 Countries

| Steven Porrello

Move to a place where the cost of living is substantially lower than where you live now.

Read more »

A golden egg in a nest
Personal Finance

How to Retire a Millionaire With $100 Per Week

| Steven Porrello

One technique has helped millions of average Canadians retire with dignity and wealth: compound interest.

Read more »

thinking
Personal Finance

What Does “Transitory” Inflation Mean?

| Steven Porrello

From food to gas, inflation has made the cost of living in Canada much more expensive. Banks are calling this…

Read more »

sad concerned deep in thought
Personal Finance

Here’s What an 18-Year High for Inflation Means for the Average Canadian

| Steven Porrello

The more I hear about inflation, the more I've come to believe we're living in a second pandemic -- this…

Read more »

Question marks in a pile
Personal Finance

Just How Bad Will Heating Bills Get This Winter?

| Steven Porrello

No, it’s not just in your head. In the last few weeks, your everyday needs have gotten more expensive. Gas…

Read more »

Economic Turbulence
Personal Finance

3 Investments That Could Crush New Investors’ Dreams of Becoming Rich

| Steven Porrello

If you're looking for investments to avoid, here are three that top the list.

Read more »

Double exposure of a businessman and stairs - Business Success Concept
Personal Finance

5 Things I Really Hope the CIBC Costco Mastercard Doesn’t Have

| Steven Porrello

The CIBC Costco Mastercard will arrive sometime in 2022. Here are five things this writer hopes it doesn't have.

Read more »

Burning gas and electric cooker rings
Personal Finance

Here’s Exactly Why Gasoline Prices Are Going Crazy

| Steven Porrello

It’s official: we’ve broken another national record. This week, the average weekly price of retail gas hit an all-time high…

Read more »

question marks written reminders tickets
Personal Finance

Is Now the Time to “Rate-Lock” a Historically Low Mortgage Rate?

| Steven Porrello

Historically low interest rates may be coming to a swift end. The good news -- by doing this, you'll lock-in…

Read more »

Credit card, online shopping, retail
Personal Finance

22% of Canadians Switched to a No-Fee Credit Card: Smart Move or Big Mistake?

| Steven Porrello

Wanna pay an annual fee to use a credit card? According to a survey by J.D. Power, around one in…

Read more »

edit Back view of hugging couple standing with real estate agent in front of house for sale
Personal Finance

The Risky Housing Play That Could Cost You $230,000

| Steven Porrello

We've all had buyer's remorse at some point. For some, it's spending that extra $100 on rental car insurance (don't…

Read more »

edit Person using calculator next to charts and graphs
Personal Finance

Buy Now, Pay Later: Here’s How You’ll Pay Now … and Later

| Steven Porrello

It’s every consumer’s dream. Buy something online and pay for it later. That’s the sweet promise of the new buy…

Read more »

Community homes
Personal Finance

Soaring Home Prices: Tesla Reminds Us Why it’s a Problem for Businesses, Too

| Steven Porrello

House prices don't just affect homebuyers. They can affect an area's economy, too.

Read more »

edit Colleagues chat over ketchup chips
Personal Finance

How Much Can You Make on Airbnb? After Taxes, it Might Be Less Than You Think

| Steven Porrello

Any income you make in addition to your annual salary must be reported on your annual tax filing. That includes…

Read more »

Female hand holding piggy bank. Save money and financial investment
Personal Finance

TFSA vs. RRSP: What if You Had to Choose?

| Steven Porrello

Let's take a look at when you should use a TFSA and when you're better off with the RRSP.

Read more »

Early retirement handwritten in a note
Personal Finance

2 Reasons Early Retirement Scares Me (and 1 Reason It Doesn’t)

| Steven Porrello

The F.I.R.E. movement is attracting many young Canadians -- and skeptics. Here are two F.I.R.E. criticisms that concern me (and…

Read more »

question marks written reminders tickets
Personal Finance

Banks Finally Hike Fixed Mortgage Rates: Will This Trend Continue?

| Steven Porrello

Will mortgage rates start soaring?

Read more »

A person suffering
Personal Finance

Why We Should Be Worrying (No, Freaking Out) About Canada’s Consumer Debt

| Steven Porrello

Though many of our pockets feel fatter from increased savings, MNP LTD. suggests we could be living in a false…

Read more »

consider the options
Personal Finance

Will the New CIBC Costco Mastercard Be Worth it?

| Steven Porrello

Will the CIBC Costco Mastercard be better than the Capital One Costco card?

Read more »

You Should Know This
Personal Finance

Warning: Many Canadians Are About to Make a Big Financial Mistake

| Steven Porrello

Wondering how to improve your financial picture? Here are some tips.

Read more »

Airport and plane
Personal Finance

Canada Loses 97% of U.S. Tourists: Air Canada’s Response? Priority Boarding for “Elite” Passengers

| Steven Porrello

To revamp Canadian tourism, Air Canada now offers status matching (through the Aeroplan loyalty program) to American frequent flyers from…

Read more »