How To Build Generational Wealth In 4 Steps Building generational wealth can feel impossible when dreaded financial struggles and living paycheck to paycheck feel like a never-ending cycle. But what if there was a way to break free from these chains and create long-lasting, generational wealth? What does it mean to build generational wealth? It […]
How to Calculate Retirement Savings Needs in Canada With or Without a Pension When is a good time to calculate retirement savings needs? When retirement may be decades away it’s hard to think clearly about what you actually need in terms of retirement savings. But I would argue, the best time to think about it […]
The S&P 500 Index Demystified: A Beginner’s Guide The most widely touted advice among financial influencers on the internet is to “just invest in the S&P 500.” But what exactly is the S&P 500 Index, and how do you buy it? To answer these questions, I need to take you back to basics. If you […]
This budgeting method, popularized by the book All Your Worth, divides your income into three categories: 50% for essentials, 30% for wants, and 20% for savings and debt repayment. It’s a friendly and effective way to manage your finances and achieve your financial goals.
Learn how combining Hotels.com Canada with one of the 4 Best Travel Credit Cards can Supercharge your stay and make traveling a lot more rewarding!
FHSA Canada: Understanding the newest tool for homeownership The FHSA in Canada is a new account for aspiring homeowners. Is it the answer to fixing housing affordability in Canada? Well, no, in fact, it does nothing to address the affordability gap in housing , but it does provide a little extra savings bump that can help Canadians […]
Investors have many tools to choose from when they want to learn about stocks, but what if you also wanted a way to visualize your portfolio in beautiful charts and graphs to make it more understandable? We examine three portfolio visualizers and analytics tools that help investors gain better insights into their portfolios.
The Best No Fee Bank Accounts in Canada: Say Goodbye to Fees. When it comes to banking, nobody likes to pay unnecessary fees. That’s why finding a no-fee bank account in Canada can make a big difference in your financial journey. We explore the best no fee bank accounts available for cost-effective banking this year. […]
Moomoo Financial Canada is a trading platform where you can invest in the stock market. They started in 2018 in Silicon Valley and have since exploded worldwide. They have over 21 million users worldwide. The moomoo trading platform is now available to Canadians in Ontario, British Columbia, Alberta and Quebec to open an account.
What is a Defined Benefit Retirement Plan? Throughout your career search, you may come across some employers that offer a defined benefit pension and wonder, “Just what is a defined benefit retirement plan?” Don’t worry; we’ve got you covered with a straightforward guide for young adults. What is a Defined Benefit Retirement Plan? What is […]
Financial Priorities: 3 Reasons Parents Should Not Open An RESP And Invest For Their Kids Many millennial parents are struggling with student loan debt repayments, higher than planned mortgage payments, or increasing rents, as well as being sandwiched, potentially having to support or care for elderly parents at the same time as their kids. Still, […]
5 Ways Beginner Bloggers Can Monetize Their Content for Profit Social media is awash with posts and reels claiming you can make thousands of dollars daily with “digital marketing” side hustles without having any skills or putting in any effort or time. I wanted to give a truly transparent view of what a blogging “side […]
5 best investing platforms for beginners in Canada – Not sure where to start when it comes to investing? Let us help you narrow the field and choose the right beginner friendly investing platform for you.
How do you use credit cards wisely? This beginners guide to using credit to your benefit and avoiding credit card pitfalls can help you master credit use.
This blog post is sponsored by Chexy. Achieving Affordable Rent in Toronto: 3 reasons to pay rent with a credit card If you have been on the hunt for affordable rent in Toronto, you have probably been struggling to not only find a place but make the rent fit within your budget. We will discuss […]
Nailing Your Professional Growth Goals: 6 Steps to Crafting a Strong Career Trajectory Building a successful career is all about laying a strong foundation, and professional development is crucial. Whether you are just starting in your chosen field or looking to advance to the next level, there are certain steps you can take to ensure […]
How Much Should An Emergency Fund Be: How to Ensure You Have Enough Saved With inflation, the cost of living increasing, and growing economic uncertainty, having a robust emergency fund is more important than ever. But how much should an emergency fund be? This article aims to help you determine how much is enough for […]
Blossom Social App: Review Understanding The Blossom Social Investing App The Blossom Social app is a specialized mobile-only application designed specifically for Canadians who are interested in investing. It’s a space where these individuals can come together, communicate, and exchange ideas about investing. Unlike regular social media sites, Blossom Social focuses solely on financial matters, […]
30 Best Canadian Personal Finance Youtubers to Watch in 2024 Introduction Learning about personal finance is a lot easier when you can consume the content in your medium of choice. For those of you who love Youtube, we bring you the list of the top 30 Canadian personal finance youtubers to watch in 2024. Adding […]
Your Ultimate List of The 40 Best Canadian Personal Finance Books Are you tired of reading American books and trying to translate what they mean into Canadian financial account types and rules or wading through information that doesn’t apply to you as a Canadian? Canadian Personal Finance books are out there, and this post will […]
Financial Literacy for Kids: Kid friendly resources to set your children up for success In a world where financial literacy is becoming increasingly essential, teaching kids money concepts early in their lives is a powerful tool that can shape their financial futures. Just think about your financial situation today and how much better off you […]
What Is A Soft Credit Check in Canada: What You Need to Know While applying for a new loan, mortgage or credit card, you may have encountered the term “soft credit check” during your research. But what exactly is a soft credit check in Canada, and how does it differ from a hard one? Understanding […]
Best Canadian Finance Podcasts to listen to in 2024 Improve Your Financial Literacy with Canadian Personal Finance Podcasts Getting better with money is likely on everyone’s to-do list, but finding ways to improve your financial literacy can be time-consuming and difficult. Canadian personal finance podcasts are an easy way to consume content to help you […]
The 2024 TFSA Contribution Limit & Why Most Canadians Misunderstand It The TFSA (Tax-Free Savings Account) is one of Canadians’ most misunderstood financial tools. Introduced in 2009, it is a versatile financial tool to help Canadians build wealth TAX FREE! This article will discuss why Canadians are so confused about whether they should be saving […]
Have an employer sponsored pension, and confused as to what that means for your future financial planning? Come along as we dive deep into everything you need to know about having a pension in Canada.