|It pays to understand Bank of Canada rate increases
If you liked the above article, you will love this one — it goes into the why's behind BOC rate increases (so you can make your own decision on how high rates may go) and what may happen to the stock market, housing prices and any cash in your savings account when rates go up.
Die with zero is the new retirement mantra
Every dollar you die with represents a missed life experience and giving money to your children when they are younger has the most impact according to a new book that turns the traditional view of retirement planning upside-down.
Prepaid credit cards offer a way for impulsive shoppers
If you have trouble controlling your budget but still need the convenience of a credit card (online shopping for example) then a prepaid card may be the answer. They are becoming increasingly popular as a budgeting tool.
Can anyone predict a stock market crash?
Markets are off to a rocky start in 2022 and you don't have to look far to see some "expert" predicting a crash. Is it time to get out of the markets or is trying to time a market exit pointless and likely to cost you a lot more than riding out volatility?
Five signs Canada’s housing market is completely bonkers
A home in Chilliwack, BC and Boston, MA now cost the same.... as do homes in Guelph, ON and Seattle, WA. Comparative values with much larger (and presumably more expensive) US cities isn't the only indicator, this article lists several more reasons why things are looking very inflated in the Canadian housing market at the moment.