Author: MoneyMaven

Image Source: 123rf.com Winter is here and, as temperatures continue to drop, the need for winter coats is evident. If you are on a strict budget, it might be difficult to find the right outerwear for yourself. The average cost of a coat can range from $100 to $300. Sometimes, that’s simply not doable. So,…

Cars Image Source: 123rf.com As a lifelong car enthusiast, I know that the automotive world never truly stands still. There is always innovation and creation happening. The 2025/2206 year promises to bring some really awesome vehicles to the market. Hypercars, EVs, and a new generation of Mustangs are all set to hit the road. Here’s…

Should you accelerate your mortgage payments or invest? Making the right choice boils down to prioritizing and projecting. But here’s the thing: mortgage debt repayment is investing. Your return comes from interest savings that accrue by paying down the principal portion of your debt. Sometimes, Canadians choose to invest in other assets instead of paying…

123rf Divorce can take a serious toll on your finances. In fact, according to 2024 data, divorce often has a significant financial impact, with women typically experiencing a larger reduction in income. On average, women face a 41% drop in household income following a divorce, while men tend to see a comparatively smaller decrease.Divorce is…

Dear Dave, I had an interview for a sales management position during the first week of January. Since then, I’ve sent two follow-up emails. One was to thank the human resources representative for their time and for considering me for the job. In the second, I reiterated my interest in the position and desire to…

Technology Image Source: 123rf.com While most people are familiar with major tech disasters like data breaches or device malfunctions, there are lesser-known tech fails that have caused serious consequences. From faulty software to engineering blunders, these tech fails may not have been widely publicized, but they should serve as a warning about the potential dangers…

Ask MoneySense Is it a good idea to pay off my mortgage with my RRSP money and then put what my mortgage payment was back into the RRSP once I’ve paid it off? What are the pros and cons of this strategy to being mortgage free? –Mike Pay off a mortgage or keep investing with…

123rf According to census data, Georgia ranks as the eighth most populous state in the United States and is the 24th largest by land area. Georgia is a state full of rich history, stunning landscapes, and vibrant communities. While Atlanta and Savannah often steal the spotlight, there’s a treasure trove of lesser-known spots that locals…

If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You! TOM@RICHHABITS.NET All risk, whether good or bad, shares one thing in common – both require an investment. That investment typically includes time and…

Insurance Image Source: 123rf.com If you’ve ever had to file an insurance claim, you know how stressful it can be. It’s doubly stressful if you’re also dealing with an emergency or unexpected event. That said, it’s worth taking the time to verify your insurance details before you have to make a claim. This will help…