Category: Wealth

Image Source: 123rf.com Are you aware of the common financial pitfalls that trap most people? Financial pitfalls don’t discriminate. Every generation is prone to common financial mistakes. For example, many millennials live paycheck to paycheck and have crippling debt and boomers fail to save for retirement early enough. Here we’ll discuss 7 financial pitfalls and…

Cars Image Source: 123rf.com High-performance cars promise speed and luxury. However, not all vehicles that are billed as “high performance” are worth the money. In the end, they might wind up draining your wallet, leaving you with a car you regret buying. Sometimes what you hear about cars is overhyped. Whether you are a car…

With the pressure to succeed on top of a competitive job market and the high cost of living in Canada, it’s no wonder many young Canadians feel stuck or like their hearts aren’t in it. If this sounds familiar, this guide is here to help you explore realistic strategies to take charge of your situation—whether…

Image Source: Pexels Credit card companies and banks often tack on extra fees to the consumer that sometimes we aren’t even aware of. Recently, there has been a crackdown on these hidden fees from regulatory bureaus and lawsuits. Many of these lawsuits over hidden fees have been settled and regulations have gone into effect putting…

Image Source: 123rf.com The financial is full of all kinds of products and services that promise to change the way you manage your money. While some of them are truly great (R.I.P. Mint), others simply aren’t worth the hype. From flashy investment apps to exclusive credit cards, it’s hard to decipher a quality product from…

Car Repairs Image Source: 123rf.com Car owners have far more to worry about than just the initial purchase. You must stay on top of regular maintenance to keep your vehicle running smoothly. As a former mechanic, I know that there are several overlooked repairs that are relatively cheap. When these things go ignored, it often…

Following another year of U.S. stocks outperforming international stocks, many U.S. investors are asking themselves: Do I need to own international stocks? It’s a fair question. In the 15 years since the bottom of the Great Financial Crisis in March 2009, U.S. stocks are up around 10x, while international stocks are only up 3.6x (including…

If you graduated in spring 1987 and were working full-time by 1988, that means you have 37 years of potential contributions through the end of 2024, Maryann. You mentioned you have been in the U.S. for three years though, so that means you’re likely a little shy of getting the maximum CPP. You could request…

Morning! So right as I went to hit “publish” on this post, I got hit with a 2nd great credit card tip so you’re gonna get a two-for-one special today 😉 Neither of which, btw, I’d ever heard of before in my 15 years doing this so of course I had to share! The first…

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan forgiveness. Even though some popular programs like Public Service Loan Forgiveness (PSLF) are tax free federally, every state has a different law regarding state taxes on loan forgiveness. The American Rescue Plan Act of 2021 added an…