Author: MoneyMaven

At the beginning of 2020, I argued that the S&P 500 was likely to be 4x higher by 2030. This “prediction” came from a chart that looked at the future 10-year growth in the S&P 500 based on the prior 20-year returns. All I did was calculate the S&P 500’s return over the last 20…

Unfortunately, identity theft is on the rise in Canada. In 2023, over 11,000 cases of ID fraud were reported to the Canadian Anti-Fraud Centre (CAFC). Fraud crimes are vastly underreported, so the total is likely much higher. Identity theft is no longer just someone combing through your paper mail for personal information. That still happens,…

Image Source: Pexels According to GoBankingRate, Millennials are falling for scams at a higher rate than other generations. In their survey 35% of millennials have fallen victim to phone scams, whereas only 25% of Gen Xers reported the same. The reason for many millennials falling victim to scams is that they have grown up online…

Image Source: 123rf.com If you’re like me and many other Americans you’ve probably noticed the price of eggs on the rise… again. For 18 eggs around Charlotte, NC, I’m paying nearly $6. I remember the days when you could pick up a dozen eggs for less than $1. It comes as no surprise to me…

Business Towing is a unique business that requires skilled individuals who possess a particular set of qualities and values. Choosing the right people for your towing company is not just about finding those who can drive a tow truck, but about selecting employees who exhibit reliability, resilience, and a customer-first mindset. As such, this process…

TurboTax is one of the most trusted tax prep software available. It’s priced based on how much assistance you need and how complicated your taxes are. They have a Do-It-Yourself plan, a Live Assistance plan (that lets you ask a tax pro questions), and a Live Full Support plan where a tax expert will do…

Some of my best memories as a child are family road trips, as we regularly took trips to Michigan, Chicago and New York. As a constantly busy family we had to find the right time of year to make trips. We also rarely had enough money to take extravagant trips to exotic locations. Looking back…

Image Source: Pexels According to Rocket Mortgage, the average annual income for DINKs is $138,000, which is about 7% higher than the average income for dual-income households with children. With double the income, DINKs have a unique opportunity to reach their financial goals. However, double the income also means double the planning. With the right…

CRA yet to offer guidance The CRA hasn’t offered an update since the prorogation of parliament and neither it nor the finance ministry immediately responded to questions Monday from The Canadian Press about how it would treat taxes subject to the Liberal’s proposal. “So people are now going to be in a position to file…

Image Source: Pexels Is it realistic to pay off your debt in just a year? Absolutely, but it requires planning and consistency to achieve your goal of being debt-free. Here we’ll give you the tools and tips to eliminate your debt in a year. 1. Read for Financial Success The first habit to adopt to…