Category: Wealth

Image Source: Pexels Credit scores significantly impact financial decisions, from loans and credit cards to housing. But is this system truly fair? Does your credit score accurately reflect your creditworthiness? Maintaining a high score requires effort, yet it can be easily damaged, raising concerns about its reliability as a lending metric. While various scoring models…

Technology Image Source: 123rf.com In today’s hyper-connected world, taking a tech-free break may feel daunting yet essential. Constant exposure to screens often leads to mental fatigue, stress, and decreased productivity. Setting aside just one hour a day without technology can significantly enhance your emotional well-being, reduce stress levels, and reconnect you with the present moment.…

Meanwhile, a push to domesticate production beyond a basic level and churn out finished goods—a struggle for Canadian companies since Confederation—would take time, investment and possibly government support. “While the steel may be produced in Canada, it has to go to the U.S. to be turned into a structural element that is then used in…

Image Source: 123rf.com Should you rely only on social security benefits in retirement? The answer is probably no. Social security benefits should be seen as a supplement to income rather than the only source of income in retirement. The average benefit often covers only a portion of living expenses. Also, the program is facing long-term…

relationship Image Source: 123rf.com Happy couples understand that creating meaningful connections and nurturing their relationships doesn’t always require spending money. Instead, happiness often thrives in simple, thoughtful gestures that strengthen bonds through genuine intimacy and appreciation. The strongest relationships regularly incorporate activities that deepen emotional ties without breaking the bank. Here are five things truly…

There’s no question that the recent market volatility, including the trillions lost in the stock market recently on the release of President Trump’s retaliatory tariffs, is difficult to stomach. The Dow Jones Industrial Average fell almost 4%, the NASDAQ shed nearly 6%, and the S&P 500 index fell almost 5%. In a sea of red,…

Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn…

Image Source: 123rf.com Social media is more than just selfies and memes—it’s a powerful force shaping how we shop. You might think you’re just browsing, but platforms like Instagram, TikTok, and Facebook are constantly nudging you toward your next purchase. If you’ve ever added something to your cart after watching a 10-second video, you’re not…

relationship Image Source: 123rf.com Quality time is crucial to any strong relationship. It can help you create meaningful connections and build intimacy and trust. Sometimes, it is easy to confuse being near someone with spending quality time together. The two are very different, though. None of these 10 activities should be considered quality time. In…

Tax preparation is one of those services where prices can vary a lot. As a general rule, the more you do, the less it will cost. The more an accountant does, the more it will cost. It’s not unreasonable for a professionally prepared tax return to cost several hundred dollars or more. How much this…