Recent Personal Finance News

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Personal Finance

Don’t Be Fooled: Here’s How Sign-Up Bonuses on Credit Cards Can Come Back to Haunt You

What makes a sign-up bonus on a cash back or rewards credit card go wrong?

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Personal Finance

How to Save Money for People Who Are Really, Really Bad at Saving Money

The trick to saving money? Easy. Automations.

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Personal Finance

Is Your Rewards Credit Card More Than 3 Years Old? Here’s Why You Should Dump it for a New One

By applying for a new rewards card, you could get a lucrative sign-up bonus, a higher earn rate, or more…

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Personal Finance

Why You Should Strongly Reconsider Early Retirement in 2022 (and Possibly 2023)

Even if you're dead set on retiring in 2022, here's why I strongly recommend you wait.

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Personal Finance

How Much Do You Need to Spend to Earn $1,000 in Credit Card Rewards?

How long will it take to earn $1,000 in credit card rewards? The answer might be shorter than you think.

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Personal Finance

Cost of Living for Canadians Could Surge After Russo-Ukrainian War: Here’s What You Should Know

The war in Ukraine will make food and gas more expensive in 2022. Here's what you can expect.

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Personal Finance

For the 2nd Year in a Row, 50% of Canadians Are Making a Huge Retirement Mistake

Over half of Canadians might be making the worst retirement mistake of their lives.

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Personal Finance

Whoa! Did Warren Buffett Invest $1 Billion in “Rat Poison?” Yep. Here’s Why

In February, Warren Buffett's company bought US$1 billion in shares of Nubank, a Brazilian digital bank that focuses heavily on…

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Personal Finance

Should You Ever Pay an Annual Fee for an Aeroplan Credit Card?

Let's take a look at when you should pay the annual fee for an Aeroplan rewards card.

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Personal Finance

This 1 Threat to Credit Card Rewards Is Terrifying and Makes Me Want to Use Mine Today

Credit card providers can devalue your points at any time. Here's what you should know.

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Personal Finance

3 Major Ways the War in Ukraine Could Become a Threat to Your Retirement Savings

As the war continues to shock the world markets, I can think of three ways it could threaten your ability…

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consider the options
Personal Finance

If the Canadian Government Can Freeze Bank Accounts, Should You Keep Your Money There?

Should you trust a bank with your money? Yes. Here's why.

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Personal Finance

4 Warning Signs Your Credit Card Is Horrible and You Need a New One (Like, Today)

Should you get a new credit card this year? If your card has these four things, then yes.

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Personal Finance

Are You Part of the 76% of Canadians Who Feel Financially Secure? Here’s How to Make the Most of a Good Situation

Here's what to do with your extra money.

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Personal Finance

Should You Take Investment Advice From TikTok?

Move over financial advisors. There's a new sheriff in town: TikTok.

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Personal Finance

Which Will Make You Wealthier: Betting on Sports or Stock Investing?

Sports betting and stocks might seem similar, but one is far riskier than the other.

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Personal Finance

Does it Ever Make Sense to Pay Your Income Taxes With a Rewards Credit Card?

There are two instances when it might make sense to use a credit card to pay your income taxes.

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close-up photo of investor Warren Buffett
Personal Finance

Warren Buffett Doesn’t Diversify His Stocks: Should You?

"Diversification is a protection against ignorance," said Warren Buffett. Is that a bad thing?

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Personal Finance

Is Earning Passive Income Practical, or Is it a Waste of Time?

How can you make your passive-income venture practical? Here's one expectation you should have.

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Personal Finance

Aeroplan’s American Express Credit Card Could Earn You 80,000 in Bonus Points in 2022

You could earn around 80,000 this year alone by signing up for this card today.

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consider the options
Personal Finance

3 Reasons Your Credit Card Provider Could Take Away Your Rewards in 2022

Will your credit card provider take away rewards in 2022?

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Personal Finance

Want a 2nd “Welcome” Bonus on Your Credit Card? Here’s How to Earn it (and Maybe a 3rd)

If you're good at negotiating, you might be able to get a second bonus on a rewards card.

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Going against the grain
Personal Finance

Why Do You Have a Mediocre Credit Score When You Have No Debt? 5 Things to Consider

Credit scores can be confusing. If you feel you're doing everything right, here's why your score might still be mediocre.

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Retirement plan
Personal Finance

How to Build the Perfect Retirement Plan

Young or old, having a retirement plan is an important part of anyone's future. These steps will get you started…

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Personal Finance

3 Easy Side Hustles for Lazy Income

A side hustle doesn't have to be hard, that's a part-time job. If you want to create cash flow but…

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Personal Finance

More Than $2,160 of Tax Savings in 2022 You May Not Know You Have

How much tax savings are you getting in 2022? How are you spending your tax savings? Why not invest the…

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Personal Finance

15 Ways Canadians Can Help People in Ukraine Right Now

How can Canadians help Ukrainians? Here are 15 unique organizations you can donate to.

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Index funds
Personal Finance

Investing in Mutual Funds? Here’s How the High Fees Are Costing You

Most mutual funds just aren't worth it. Here's why.

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Personal Finance

Should Your Small Business Have a Cash Back Credit Card?

Small business credit cards can free up cash flow, as well as help you earn valuable rewards.

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Personal Finance

3 Signs You Should Dump Your Aeroplan Rewards Card

Not sure if you should renew your Aeroplan card? Here are some signs you might want to cancel it.

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Personal Finance

6 Personal Finance Steps to Help You Reach Your Retirement Goals Earlier

Retirement shouldn't have to be complicated. Here's a quick guide to get you started.

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Personal Finance

Make 6 Figures From This Incredibly Easy Side Hustle

This is, by far, the easiest way to make passive income for life, and all it takes is about 30…

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Personal Finance

The Top 3 Canadian Stocks on Wealthsimple Trade This Week

Here’s what Canadian investors are trading the most this week on Wealthsimple.

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Personal Finance

10 Tips to Become a Millionaire in 10 Years

If you want to make millions in the next decade, you can get there with a bit of hustle, some…

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Personal Finance

Will Housing Prices Ever Drop? Here’s What Homebuyers Should Expect for the Rest of 2022

What might cause home prices to go down in 2022?

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Caution, careful
Personal Finance

21% of Canadians Are Making a Huge Mistake With Their Credit Cards

One in five Canadians is making only the minimum payment on a credit card. Here's why that's a mistake.

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Personal Finance

Canada’s Inflation Rate Hits 30-Year High: Here’s How it Affects You

Everything is getting more expensive. Here's what you can do.

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Personal Finance

New Investors: 3 Ways to Truly Diversify Your Investment Portfolio

Want to truly diversify your investment portfolio? Follow this guide to get started.

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Personal Finance

Own a Small Business? Here’s How to Pick Between Paying Yourself a Salary vs. Dividends

Picking the right combination can help you optimize for tax efficiency

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Personal Finance

What You Need to Know Before You Start Investing in Dividend Stocks

Dividend investing may require more work than you initially thought, but it can be super rewarding. Start saving and investing…

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