Posts by Barry Choi
The Top Personal Finance Books for Canadians
People I’ve met are always interested in taking control of their finances but they have no idea where to begin. I believe that if you read just two books on personal finance that you would probably know more than 80 percent of the population, it’s that easy. You obviously won’t understand everything right away after…
Read MoreBuick Envision Review
**Buick Canada provided me with a Buick Envision for test driving purposes. They did not review or approve this article prior to publication. As a personal finance writer, I constantly talk about how people should try their best to save money. Every dollar you save can be used for other things such as retirement savings,…
Read MoreUnderstanding Credit and Credit Cards as a Student
*This is a sponsored post written by me on behalf of RBC. All opinions are my own. The financial literacy gap is widening between high school and post-secondary students – but not in the direction you might think. According to a new poll from RBC, 82% of high school students knew that paying the minimum…
Read MoreEmployee Stock Purchase Plan (ESPP) Explained
An employee stock purchase plan (ESPP) is a lucrative benefit that’s offered by some employers. If you’re fortunate to have access to an ESPP, you’re essentially being offered free money, and who doesn’t like free money right? There’s no denying the financial benefit of an ESPP, but it’s not a guarantee. Stock prices can go…
Read MoreLBC Digital Review
The best high interest savings accounts in Canada just got a new player as Laurentian Bank has just launched LBC Digital, an online bank that helps Canadians improve their financial health. Like many other digital banks, you’ll pay no fees and get a high interest rate which is currently at 1.15%. This is one of…
Read MoreWhat is a Mutual Fund? Everything you need to know
Have you ever wondered what is a mutual fund? It’s easily the most popular type of investment product, yet many people have no idea what they are and how they work. While that may sound surprising, it shouldn’t be since most people let their financial advisor or financial institution make investment decisions on their behalf.…
Read MoreWhat Insurance do I Need? 6 types of insurance to get
Have you ever asked what insurance do I need? With so many policies out there for various situations, it can be hard to tell what insurance you actually need. It doesn’t help that some insurance brokers out there aren’t looking out for your best interests and may only recommend products that make them money. The…
Read MoreCan a Canadian Apply for a US Credit Card?
I’m just going to say it. US credit cards are much better than what’s offered here in Canada. The welcome offers can be generous (as in, 100,000+ points generous). You get better benefits such as credits with hotels and no foreign transaction fees. And you have so many choices, so it’s easy to earn a…
Read MoreKnowRoaming Review
Are you looking for a KnowRoaming review? Over the last seven years, I’ve used both their travel SIM card and travel SIM sticker in dozens of countries. The obvious benefit of KnowRoaming is that you can save up to 85% off international voice and data roaming. Admittedly, most mobile providers now offer international data plans,…
Read MoreHow to choose between Canadian Discount Brokerages
If you’re a Canadian investor who is looking to DIY their way to a respectable nest egg, then deciding which of Canada’s online brokerages you use is one of your first (and most impactful) decisions. After many years of trying to convince Canadians that they need to cut costs to the bone and drop their…
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