The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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BMO Preferred Rate Mastercard review + MORE May 4th
Low interest credit cards are more valuable than cash back or rewards cards for people who tend to run a balance. At the regular rate of around 19.99% that most credit cards charge on unpaid balances, interest can add up fast and cancel out any other rewards you might be generating. With a regular i.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Oct 14th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Best Canadian Renewable Energy Stocks: Earn More While Going Green Dec 13th
Stock investors look to new asset classes to diversify their portfolios while looking for new growth opportunities. For years, financials (banks) and energy companies like Enbridge or Canada Natural Resources have dominated the Canadian stock market. Lately, investors are paying more attention to co.... More »
Making sense of the markets this week: November 3, 2024 Nov 1st
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Apple, Nvidia growth—no cap
Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic q.... More »
What can I hold in an FHSA? Jan 9th
Would Canadians have access to different account types such as GICs and self-directed investing when it comes to the new tax-free first home savings account, which is rumoured to be introduced this year?It seems this would only make sense as it’s the case with other tax-sheltered accounts (i.e.... More »
How to manage and save money without a budget
– moneysense.ca
“Stick to a budget” is one of the most common pieces of advice you’ll hear if you’re trying to save money. But not everyone wants to make decisions according to a spreadsheet—and there are many ways to manage your money that don’t involve a budget. Often, a simple, critical look at your regular expenses can reveal unnecessary spends or untapped rewards that can translate to serious savings. In this article, we’ve gathered some simple strategies and practices that can help you save—without necessarily giving up your daily latte.
Look at how you bank
Look at the banking services available to you—these are designed to help you manage your money, as well as save more money.
Check out promotional offers
As the financial services industry has become increasingly competitive, banks have begun to offer promotions designed to attract new clients. And some are incredibly lucrative. Take, for example, the current HSBC offer where you can earn up to $1,500 in value back when you open an account…
