Posts by Barry Choi
How to Keep Your Money Safe When Travelling
One of my favourite things about travelling is exchanging my Canadian dollars for the currency of whichever country I’ll be visiting. There’s something about getting different coloured bills which sometimes come in ludicrous denominations that gets me excited about travel. I’ve already covered the best ways to exchange your money, but some people wonder how…
Read MoreWhat the Future of Travel may Look Like
COVID-19 has grounded most flights around the world, but with many countries now containing the spread of the virus, life may return back to normal in the near future. It’s not like we’ll go back to our daily lives like nothing happened. The pandemic will likely have a lasting affect on all of us. When…
Read More10 Tricks to Getting Cheap Flights Busted
Getting a good deal on airfare has never been easier. With so many websites out there finding insane, it’s not uncommon to hear of a friend that booked a flight for a price that seems too good to be true. What most people don’t realize is that these deals usually come with conditions. In some…
Read MoreShould you Defer Your Mortgage, Rent and Credit Card Payments?
With the world upside down, many people have been laid off or had their hours greatly reduced. As you can imagine, this has many people worried about how they’re going to pay their monthly bills. The government of Canada has done a reasonable job by introducing emergency measures that will provide income to some Canadians.…
Read MoreWhat to do With Your Investments Right Now
Okay, I know you’ve heard by now that COVID-19 has caused mass selloffs in the stock market. I haven’t checked the exact numbers, but I think things are down about 30% from the peak. This is obviously a huge number and has affected everyone. Some people are panicking, some people are doing nothing, but many…
Read MoreTravel Redemption Tricks | Optimize your miles and points
I write a lot about optimizing your travel and how to improve personal finances. These two subjects share a common hack which can be a very powerful one: taking advantage of loyalty programs. Many people know the basics of loyalty programs, but when you understand how they work and use one of the best travel…
Read MoreHow to Redeem Travel Points for Gift Cards or a Statement Credit
With most of the best travel rewards programs, redeeming your points for a gift card or statement credit is one of the worst things you can do since they offer low value compared to travel rewards. Generally speaking (and depending on the program), using your points for anything besides travel will devalue your points by…
Read MoreCompound Interest Definition and Explanation
Compound interest is a common term you hear when it comes to investing. But, what exactly is compound interest, how does it work, and how can you best take advantage of it? I’m sharing what you need to know in this compound interest explanation. Compound interest definition So, what is compound interest? Compound interest is…
Read MoreHow to Build a Relationship With Your Financial Advisor
I’ve worked with a handful of financial advisors over the years and I can honestly say I’ve never had a relationship with any of them until I connected with a fee only financial advisor. This shouldn’t be too surprising as many financial advisors (who are associated with a bank or investment firm) don’t exactly have…
Read MoreHow Trip Cancellation Insurance Works
I always tell people that having travel insurance is a must whenever you travel. Not only should you have travel medical, but you should also have travel insurance that covers things such as trip cancellation, flight delay, baggage delay, car rental theft, etc. Having travel insurance covers you in the event that you need medical…
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