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#5: Brane Inc. Feb 7th
In the unpredictable world of cryptocurrency, Brane has become a safe haven. The financial-technology company’s mission is to demystify the confusing and ever-changing landscape of digital assets—blockchain, crypto and non-fungible tokens included—for its largely conservative clientele.
Sin.... More »
Fed’s Kashkari: More steps needed to prevent meltdown repeat + MORE Feb 17th
WASHINGTON – A Federal Reserve official who played a key role in the government’s response to the 2008 financial crisis says the government should do more to prevent a repeat of that crisis, including considering whether the nation’s biggest banks need to be broken up.
Neel Kashkar.... More »
Tips for Paying Off Credit Card Debt Feb 6th
Credit card bills got you down? That’s the trouble with paying with plastic. It is easy to spend, but not quite as easy to pay off the debt you accrue – especially if you are only paying the minimum each month. Carrying too much credit card debt can make it harder to get a mortgage loan for a h.... More »
Top 100 dividend stocks in Canada 2024 Jan 11th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Top 100 dividend stocks in Canada
Consider our list o.... More »
Video: How the bank of Canada’s interest rate affects you Mar 8th
Think of the Bank of Canada (BoC) as the “influencer of all influencers” when it comes to interest rates. Banks and other financial institutions follow its lead. Learn more about how the BoC’s overnight interest rate impacts you in this short video, featuring MoneySense executive editor Lisa H.... More »
Pre Holiday Credit Card Debt Already at 2-Year High
– ratesupermarket.ca
By: Barry Choi
With Black Friday week marking the unofficial start to the holiday shopping season, many Canadians are hoping to get an early start on their spending. But how much money do they plan on dropping? The average is $1,551, according to a new study from BMO Financial Group.
Holiday spending doesn’t include just gifts anymore; according to the study, travel is now the biggest expense with the average person spending $686. Gifts, of course, are still a major part of the holiday season with people spending an average of $563, while entertainment accounts for $228.
Overall, planned spending is up just a touch compared to last year, but Canadians are now using a smart but potentially dangerous tactic to offset their costs.
Cutting Holiday Costs with Credit Card Rewards
Credit card rewards have always been appealing. By simply paying for your purchases with credit you can earn cash back, travel, or store credit rewards. The key is to pick a rewards credit card that suits your shopping habits so you can maximize your earnings potential…
