Recent Personal Finance News

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Personal Finance

5 Inflation-Proof Recipes That Could Help You Save on Groceries This Christmas

Cook these five recipes this year, and you could cut your grocery bill significantly.

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Where to Invest?
Personal Finance

Wealthsimple Invest vs. Wealthsimple Trade

Here's what I would pick as a new investor.

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Personal Finance

3 Ways Canadian Millennials Can Retire Early

Regular, Lean, or Fat FIRE? Here's what they mean and how they work.

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Personal Finance

These Company Emails Show Exactly How Brilliant and Bossy Elon Musk Really Is

Musk's emails can be extremely bossy, though not without a touch of brilliance. Here are just a few of his…

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Personal Finance

5 Popular Holiday Expenses That Are a Complete Waste of Money

Don't waste your hard-earned cash (or credit card rewards) on these popular holiday items.

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Personal Finance

Can Your Retirement Fund Benefit From Cathie Wood’s Portfolio?

Cathie Wood's portfolio beats the market returns in the long run. That means you can retire sooner from her portfolio,…

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Personal Finance

Here’s What the CIBC Costco Mastercard Could Earn on 10 of Costco’s Most Expensive Items

If we assume a 2% earn rate on the new CIBC Costco Mastercard, here's how much you could earn.

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Personal Finance

Holiday Shopping? Use Your Credit Card Rewards to Save Hundreds!

Credit card rewards are the easiest way to save money during the holidays. You have to spend during the year…

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Personal Finance

RRSP or TFSA: Which One Should Millennials Open?

Millennials are great savers, but which is the better option for you: investing in an RRSP or a TFSA? Here…

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Personal Finance

This Silly Credit Card Mistake Could Be Costing You Thousands of Rewards Points

A misunderstanding leads many rewards credit card holders to make a silly mistake: redeeming points or miles for cash back.

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Personal Finance

Retire in 2022? Here’s Why Next Year Might Be the Worst Year to Retire

Unless you absolutely must retire in 2022, I would reconsider waiting another year. Here's why.

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Personal Finance

1 Unconventional Way to Generate Passive Income Without Stocks, Bonds, or Real Estate

Thinking outside the box can lead to some excellent passive-income sources.

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Personal Finance

4 Popular Ways to Boost Your Canadian Tire Money This Christmas

This shopping tips will help you earn more Canadian Tire money this holiday season.

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Personal Finance

Inflationphobia: How to Avoid Overreacting to High Inflation (and Possibly Wasting a Lot of Money!)

Some reactions to inflation are justifiable. Some are just hysterical. Here's how not to overreact.

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Personal Finance

These Early Retirement Myths Need to Burn Out and Die

People love to beat up the idea of early retirement. They point out that early retirees get bored fast, lose…

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Personal Finance

As Home Prices Continue to Soar, Homebuyers Are Still Making These 3 Common Mistakes

While home supply is low, you don't want to make these three big mistakes.

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Personal Finance

How Capital Gains Tax in Canada Can Lower Your Effective Tax Rate

Invest in stocks for the long term on the side, focus on capital gains, and reduce your income tax rate.

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Personal Finance

Don’t Make $100,000 a Year? Here’s How to Retire a Millionaire Anyway

How do average earners retire millionaires? It's easier than you think.

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Personal Finance

5 Quirks That Explain Why Warren Buffett Is One of the Wealthiest People in the World

Between keeping his taxes and owning the same house since the 50s, these Buffett quirks may be the key to…

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Personal Finance

5 Post-Pandemic Perks That Could Make Your Employees Never Want to Leave

Canadian small businesses are struggling to retain employees. These five perks may be the secret to keeping them.

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Personal Finance

Here Are the Absolute Worst Ways to Redeem Your Credit Card Rewards

How should you redeem your credit card's rewards? Here are a few redemption options you might want to avoid.

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Personal Finance

5 Mistakes Even Smart People Make When Planning For Retirement

Anyone can make mistakes when planning for retirement. Even smart people.

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You Should Know This
Personal Finance

3 Simple Side Hustles That Won’t Cost You a Dime to Start

Side hustles can be a great way to make some extra cash on top of your day job, but these…

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Personal Finance

Will Elon Musk Give Up 2% of His Wealth to Solve World Hunger? Here’s Why the World Shouldn’t Hold its Breath

The U.N. has unraveled its plan to spend Elon Musk's US$6 billion. Will Musk cough it over?

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Personal Finance

3 Savings Goals Millennials Should Aim for That Aren’t Retirement

Millennials have so many things to save for, so don't let retirement be your only goal! These three are important…

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Personal Finance

Air Canada’s Portable COVID-19 Test Could Make Crossing the U.S. Border Easier, But Here’s What You Should Know First

Aeroplan launches the first portable COVID-19 test. But can it help you travel back and forth between the U.S. and…

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Personal Finance

How to Generate Passive Monthly Income From Real Estate Without Actually Owning Any

Buying and holding REITs can be a profitable and tax-efficient alternative to owning property.

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Personal Finance

Every Year, Holiday Shoppers Make These 3 Costly Mistakes With Their Rewards Credit Cards

To help you evade a credit card disaster, here are three common mistakes you should avoid.

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Personal Finance

Is Canadian Tire’s “Exclusive” Triangle Select Program Really Worth the Extra $89?

Canadian Tire has an exclusive program that can earn you more Canadian Tire Money. Is it worth the extra cost?

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Personal Finance

Here Are 10 Different Ways to Look at Elon Musk’s Record-High Net Worth

Elon Musk is the richest man in the world. But what does that really mean? Here are 10 ways to…

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Personal Finance

How Air Canada’s New Portable COVID Test Could Mean Big Earnings for Aeroplan Members

Here's how a new COVID test could help you rake up some necessary rewards.

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Personal Finance

Buying a Home Before the End of 2021? Here’s Why You Might Want to Wait Instead

With mortgage rates on the rise, you might feel the pressure to get a home now. Here's why you should…

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Personal Finance

Here’s How the CIBC Costco Mastercard Can Avoid Becoming a Major Disappointment

If the CIBC Costco Mastercard has these perks, it will avoid becoming just another retail credit card.

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Personal Finance

From Unshucked Oysters to Bitcoin: 10 Oddities That Are Taxed in Canada

From blank CDs to smoked fish, the CRA has levied taxes on these 10 weird things.

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Personal Finance

Can You Retire a Multi-Millionaire With $500 a Month? Yes, But Here’s What You Should Know First

How can you retire a multi-millionaire with $500 a month? Three things: start early, invest wisely, and stay out of…

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Personal Finance

5 Major Early Retirement Mistakes (and How to Avoid Them)

The F.I.R.E movement has been the most exciting, fun-to-watch development in personal finances in recent years. Instead of advising workers…

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Personal Finance

Homebuyers Beware: These Recent Changes Could Make Mortgage Rates Skyrocket

Is now the time to get a mortgage before rates start to climb?

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Personal Finance

Is $1,000,000 the Magic Number to Retirement? You May Be Surprised

How much do you need to retire? What's the long-term return of your investments? What's your dream retirement like?

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Personal Finance

Elon Musk Is Now Worth a Record-High $300 Billion: Here’s Why Ontario Should Be Upset …

Well, it’s official. Not only is Elon Musk the richest person in the world, but he’s also the first person…

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Personal Finance

What We Can Learn From Warren Buffett’s Biggest Regrets

He’s the Oracle of Omaha, and one of the greatest investors of all time (if not the greatest). His company,…

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