Should 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. [...]

By |2020-04-04T17:52:45-04:00April 6th, 2020|featured, My Money, Personal Finance|

The Best High-Interest Savings Accounts in Canada

**This post contains affiliate links With Canada having some of its lowest interest rates in the last decade the thought of a high-interest savings accounts in Canada may seem absurd. To complicate things, there are so many different banks in Canada and they all have various accounts that come with different features. If you're not [...]

By |2020-04-02T14:34:28-04:00April 1st, 2020|Investing, My Money, Personal Finance|

What 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 [...]

By |2020-03-28T21:06:47-04:00March 30th, 2020|featured, Investing, Personal Finance|

How 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 [...]

By |2020-03-23T17:17:01-04:00March 23rd, 2020|Credit cards, Debt, featured, Personal Finance|

Compound 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 [...]

By |2020-04-03T14:12:05-04:00March 16th, 2020|Investing, My Money, Personal Finance|

Triangle World Elite Mastercard Review

Canadian Tire is easily one of the most recognized retailers in Canada. They've been around for almost 100 years and throughout the years, they've reinvented themselves a few times. These changes have mostly been cosmetic as everyone know what they'll get at Canadian Tire, but a couple of years ago they decided to change up [...]

By |2020-04-03T15:49:08-04:00March 9th, 2020|Credit cards, Personal Finance|