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ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure Apr 16th
The same ChatGPT chatbot that gave OpenAI’s chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages..... More »
“Why do I need a financial plan?” + MORE Oct 6th
I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help me.—Tom
What is financial planning?
To answer your question—and it’s a good one!—let’s think about why people get a fina.... More »
Is there a case for investing in retail right now? May 31st
Reitmans. JCPenney. Pier 1. True Religion. J.Crew. Neiman Marcus. These are just a few of the retailers that have filed for bankruptcy in 2020—and could become names no one mentions again. Everyone knows that retail has been ravaged by COVID-19, but it’s still wild to see how many big brands hav.... More »
How much does life insurance cost in Canada? + MORE Mar 22nd
Life insurance is often touted as the financial safety net we all need, but what if it’s an added expense you’re not sure you can afford? If that’s your thinking, you’re far from alone—a 2019 study showed that most Canadians are underinsured, with 49% having never purchased life insurance.... More »
This Montreal millennial couple makes $316,000 combined. Monthly child care costs? $203. With an excess in savings, they want to have their second kid. What advice can they get? + MORE Feb 1st
Parents in southern Ontario may think Tommy and Victoria’s $203 monthly daycare budget is a typo, but child-care costs in Quebec are heavily subsidized by the provincial government, Jason Heath, Millennial Money financial adviser writes..... More »
So, you want to be rich? Here’s how to get started
– thestar.com
These are the four most common wealth-building strategies for people who don’t have gobs of money to begin with
