Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
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NHL contract grades: Another win for the Maple Leafs in adding Max Domi - The Athletic + MORE Jul 3rd
NHL contract grades: Another win for the Maple Leafs in adding Max Domi The AthleticMax Domi signs with Maple Leafs as GM Treliving banks on throwbacks Sportsnet.caNHL free agency 2023: Maple Leafs sign Max Domi to 1-year deal Yahoo Canada SportsMax Domi signed by th.... More »
The Best Credit Cards for Dining Out Apr 21st
With the weather heating up, it’s almost the time of year when restaurant patios fill up with people enjoying good food outside. But while there are few things more relaxing than eating a delicious meal while enjoying the warm weather, it appears that this year there will be fewer Canadians i.... More »
Planning a Trip or Cruise? Best Travel Tips for More Money May 22nd
Want to save money on your cruise? Want to know how to save big on your next vacation? If you’re spending cash-only for your cruise, hotel and rental car, you might be missing out. There are lots of travel tips and cash reward perks you can take advantage of to stretch your dollars fur.... More »
Making sense of the markets this week: November 2 Oct 31st
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Big, juicy Canadian dividend stocks are on sale
In Canada, we now have the largest spread (in three decades) between Canadian bond yields and the Canadian high dividend inde.... More »
BMO credit cards: A breakdown of the bank’s best cards 2021 May 4th
Along with Canada’s other big banks, BMO (Bank of Montreal) offers the stability that stems from a long history as an established institution. BMO was founded in 1817, making it Canada’s oldest incorporated bank, and it’s been the nation’s fourth largest since 2018. Due, in part, to its clos.... More »
Can You Afford to be a Single-Income Family?
– ratesupermarket.ca
According to recent RateSupermarket research, roughly half of Canadians admit to changing their minds about their desired family size due to the associated costs.
They may be on to something. As authors Elizabeth Warren and Amelia Tyagi note in their book, The Two-Income Trap: Why Middle-Class Mothers & Fathers Are Going Broke, the single best predictor of future financial troubles is having a child.
While two-income families make more money today than a one-income family did a generation ago, the basics – housing, groceries, taxes, entertainment, and transportation – leave more and more families with less money at the end of the month, they maintain. What’s more, with both parents in the workforce, the chances of someone getting laid off or getting too sick to work also doubles.
Having Kids Is Very Expensive
From their point of view, the families in the worst financial trouble aren’t the usual suspects. They’re not the very young, tempted by the freedom of their first credit cards…
