What is financial freedom in Canada? + MORE Oct 23rd

How to go about securing the best return for your investment in Canada.
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Trump’s social media company to trade on the Nasdaq Mar 26th

Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. How much is Truth Social stock? Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merg.... More »
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What is the Saskatchewan Pension Plan? May 12th

The Saskatchewan Pension Plan (SPP) was introduced in 1986 and was originally intended to help part-time workers, the self-employed, or others without access to a pension to save for retirement. Over time, it has evolved and become more appealing to both individuals and businesses.  Who can .... More »
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A practical guide to Canadian REIT investing in 2025 + MORE Nov 11th

North American markets appear to have entered another “Roaring Twenties.” But unlike the last century’s version, the current “everything bubble” is driven by speculative valuations in anything related to artificial intelligence or quantum computing. Many of these companies trade at sky-hig.... More »

The best GIC rates in Canada for 2026 Jul 27th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
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Reddit is preparing to sell shares to the public Mar 13th

Reddit, that vast, lively and sometimes chaotic repository of internet discussion, projected Monday a price for its initial public offering (IPO) stock that values the 18-year-old social media platform at up to $6.4 billion. The offering also makes Reddit one of the first online companies to offe.... More »
Canadians aren’t short on advice for achieving financial freedom. A quick online search for “how to become financially free” will give you results that can be either informative or confusing. To be fair, some of it is correct, some is misleading, and some is downright wrong. Sources range from personal anecdotes that have worked for the author, to well-researched evidence-based strategies. But you’re not here to learn about my recent Google search history, so let’s dive in. 

What is financial freedom?

Financial freedom is the belief that a certain amount of savings is the ultimate ticket to living a life you want without worrying about money. However, this often means tight budgets, excessive saving and putting off simple pleasures. That could mean not dining out or not taking a spontaneous weekend getaway just to save money, so that one day you can enjoy these things. But when? What happens if it never comes and our time runs out?

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Does financial freedom work?

To answer this, remember that happiness and a fulfilling life go beyond money…

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Weddings can be expensive, but so can many of the things that come after a wedding—like a home purchase, starting a family and saving for retirement. That means money is an important relationship issue even before a couple ties the knot. 

Both weddings and home purchases can both cause people to think or spend irrationally—especially amid the rush to “get in the real estate market” while mortgage rates are higher than they have been in 15 years. How can a couple decide which is the better use of their hard-earned savings?

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How much does it cost to get married these days?

Let’s start with weddings. The costs associated with their big day can range drastically from couple to couple, depending on their wedding plans and the size of their family. The dollars differ widely among industry estimates, as well. According to The Knot Worldwide’s 2023 Global Wedding Report, the average Canadian wedding costs USD$19,000—about $25,000 Canadian at the current exchange rate…

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