Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Mortgages from big banks consistently cost Canadians more, says rate comparison site + MORE Feb 12th
Mortgage rates from Canada's big banks were consistently more expensive than those offered by smaller lenders last year, according to the latest findings from LowestRates.ca..... More »
Making sense of the markets this week: August 30, 2021 Aug 28th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Big earnings from the big Canadian banks
The Big Six Canadian banks (Royal Bank of Canada, TD Bank, Scotiabank, BMO, CIBC and National Bank) released quarterly ear.... More »
Should You Give Your Teen a Credit Card? Dec 16th
Over one-third of Canadians share a joint credit card with their partner, parent, or child, according to a recent survey conducted by Rates.ca. Among the parents who share their credit card with their children, 63% said that managing their children’s purchases is less difficult than it was two ye.... More »
Checking Your Credit Card Statement Could Save You Money May 21st
One of the most useful personal finance tools is your credit card. You can use it to buy products and services online, set up automatic payments, finance larger purchases, and start to build your credit history. However, you must use your credit card responsibly.
While effectively managing your deb.... More »
How To Save On Back to School Shopping Aug 28th
Back to school season is officially in full swing. If you haven’t finished shopping for your school-bound child, you’ll most likely be hitting the mall soon to get it all done. This is an expensive time of year for parents trying to get their children prepared for back to class. According to a .... More »
4 Tips to Avoid the Post-Holiday (Financial) Hangover
– ratesupermarket.ca
Christmas has already come and gone and today we’re honouring Blue Monday, the (unofficially) most depressing day of the year. The day is calculated by factoring in things such as weather and, yes, debt level as people start to receive their credit card statements from December.
Maybe this year you – and your wallet – are feeling the blues from a holiday season of high-spending. Paying down your credit card debt may currently be your number one priority and your new year’s resolution is to be more fiscally responsible. So, instead of leaving your holiday planning to last minute and putting everything on credit, you’re going to plan ahead of time… starting now! It may sound unrealistic – who starts planning for Christmas is January? – but the only way to avoid a hangover is by taking preventative measures. Drink a lot of water and follow these simple steps to never have debt-plagued January again.
Use last year’s spending to plan this year’s budget
You have all of the receipts and bills in front of you, so now is the best time to review exactly how much you spent on gifts, food, and other expenses over the holiday season…
