Personal Finance

Financial Aid for Canadians Looking to Study Abroad in the USA

Financial Aid for Canadians Looking to Study Abroad in the USA

While Canada has a fantastic higher education system, many Canadian students may choose to go to the United States to attend college. Of course, American colleges and universities can be prohibitively expensive, making it difficult to finance a college degree in the U.S. With tuition costing as much as $40,000 per year at some private…

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15 Ways for How to Get Out of Debt

According to Statistics Canada, the Canadian household-debt-to-income ratio was an astonishing 176.9 per cent in Q1 of 2020. That means on average, Canadian households owe $1.77 or every dollar they bring in. That’s an increase from 175.6 per cent which was previously reported in Q4 of 2019. Clearly a global pandemic has wrecked our finances.…

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Get 50% Off The KnowRoaming SIM Sticker + $10 Credit

Exclusive to Money We Have fans. Save 50% off the KnowRoaming SIM Sticker & receive a free $10 credit by using my KnowRoaming referral code BARRY18 at knowroaming.com. KnowRoaming’s Global SIM Sticker connects you to local networks when travelling in 200+ countries around the world. With a one-time application, the SIM Sticker only activates when you arrive abroad…

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My Pension Deferral Dilemma

As some of you know, I left my full-time job in January of 2018 to freelance and spend more time with my daughter. What you may not know is that I was still technically an employee since I would do the occasional shift during a major event. Oh, it also allowed me to keep all…

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How credit card interest works

How Credit Card Interest Works

Credit cards are essential for many Canadians. However, if you’re not responsible with your spending, you could easily go into debt. Credit cards act like an interest free loan which is great, but once your bill arrives, you need to pay it on time and in full or you could end up paying 20%+ interest.…

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Scotia Rewards

Scotia Rewards | How to get the most out of your points

Scotia Rewards is one of the most popular credit card rewards programs in Canada. What makes it appealing is that it’s easy to earn points, your points are flexible and Scotiabank has some great credit cards. When compared to other bank travel rewards programs, many people believe Scotia Rewards is the best. The best might…

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Registered Education Savings Plan (RESP) Canada | Everything you need to know

In recent years, I’ve been getting a lot of questions about the Registered Education Savings Plan which is more commonly known as RESP. I suppose I shouldn’t be that surprised that many of my peers are interested in the RESP rules since they’ve just had children. Heck, one of the first things I did when…

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Defined Benefit vs Defined Contribution Pension

One of the best employer benefits available is a pension plan which comes in two forms: defined benefit pension plan and defined contribution pension plan. Think of it as free money since your employer is basically matching you, or giving you more, towards your retirement savings. Despite the fact both pensions are essentially free money.…

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chatr Secured Mastercard Review

chatr Secured Mastercard Review

Rogers Bank has just launched the chatr Secured Mastercard which is clearly aimed at new or young Canadians looking to build their credit. Although secured credit cards aren’t nearly as popular as travel or cash back cards, they serve a specific purpose as they’re meant to help you build or rebuild your credit score. What…

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Hardbacon Review

Hardbacon Review

Finance and budgeting apps are nothing new for Canadians, however, there is one Canadian fintech company that is quickly making headway with the versatility of their app. Hardbacon has been available since 2018. Their mission is to help Canadians make better financial decisions and to become wealthier day after day. Every app has a similar…

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