Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Critics question settlement program for banks that overcharged fees Oct 19th
As investors await refunds from banks and other financial institutions for hundreds of millions of dollars in excess fees, critics are questioning the process used to determine those refunds..... More »
The best high-interest savings accounts in Canada for 2024 + MORE Aug 12th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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RateSupermarket.ca Will Become RATESDOTCA Sep 30th
We are excited to announce that RateSupermarket.ca will become RATESDOTCA. Don’t worry, besides a name change, how you compare the best credit cards and mortgage rates will remain the same.
What does this mean for you?
Our name is changing, but rest assured, everything else will remain the same.
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Iran issues local credit cards for the first time in decades + MORE Sep 26th
TEHRAN, Iran – Iranian banks have begun issuing credit cards for the first time in decades, local media reported on Monday.
The report by several newspapers, including the daily Donya-e-Eqtesad or World of Economy in Farsi, said the cards will be for domestic use only and do not involve any so.... 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 »
How to achieve financial goals with your spouse
– moneysense.ca
Shannon Jarrett and Marcin Duran are the original odd couple when it comes to reconciling their very different approaches to money management. Despite sharing a home and domestic life together (including two kids) in Hamilton, Ont., they’re by and large living separate financial lives. “We don’t share any banks accounts but we share expenses,” says Shannon. Marcin pays the mortgage and makes all insurance and car payments, while Shannon pays for everything else to run the household. But that’s where the agreements end—and the problems begin. Whether the financial issue is big or small, Shannon and Marcin are often at loggerheads. They need to find some common ground and get their goals aligned.
For Shannon, saving is her largest concern and she wants to see them growing more income inside their RRSPs and TFSAs. “I’ve always put away $200 a month but I can’t get Marcin to do the same,” she says. “He feels I’m just trying to control him.” Marcin, though, thinks their main priority should be debt repayment—in particular, the $169,000 mortgage that remains on their home…
For Shannon, saving is her largest concern and she wants to see them growing more income inside their RRSPs and TFSAs. “I’ve always put away $200 a month but I can’t get Marcin to do the same,” she says. “He feels I’m just trying to control him.” Marcin, though, thinks their main priority should be debt repayment—in particular, the $169,000 mortgage that remains on their home…
