Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
So, you want to take a dream vacation. Is it worth it to rack up charges on your travel rewards credit card? This can be an excellent way for you to save money, but only if you can maintain a reasonable level of spending and pay off your debt in full each month. If you stay on top of your spending .... More »
According to a recent study by Payments Canada, the COVID-19 pandemic is changing Canadians’ spending habits. The study found that 62% of Canadians are using less cash, and 42% avoid shopping at places that don’t accept contactless payments altogether. Moreover, 53% of consumers reported using .... More »
Your credit score is a very important number, which can help you get an apartment, car loan, mortgage, personal loan, or rewards credit card, among other financial decisions. It is vital to know your credit rating and, if necessary, how to improve it. Staying up to date with your credit report can .... More »
Canadian Credit Card Companies Are Offering Relief to Customers Affected by COVID-19 + MORE Mar 24th
Early last week, the government announced a myriad of relief efforts, including immediate plans to extend the 2019 tax deadline for individuals to June 1, 2020. Following suit, major cities, including Toronto, granted extensions to grace periods for utility bill payments and launched measures for f.... More »
It is a long-held belief that Amex® cards are just for the wealthy – but their current selection of cards should help to dispel that myth. From no-fee cards with low balance transfer offers, to top tier cards with VIP benefits and comprehensive travel insurance, there really is something for eve.... More »
Back to school season is officially in full swing. If you haven’t finished shopping for your school-bound child, you’ll most likely be hitting the mall soon to get it all done. This is an expensive time of year for parents trying to get their children prepared for back to class. According to a survey by the shopping site Ebates, parents of post-secondary aged children expect to spend up to $198 per child and parents of pre-schoolers expect to spend $147.
If you have several children headed back to school in September, you could be looking at a several hundred-dollar bills to get them ready. This is the second busiest shopping season of the year. Only at Christmas and the holidays do we spend more. Many of us have already accumulated debt from all the summer fun we have been having. Don’t make it worse by racking up more charges on your credit card.
Shop at home first
Always start your back to school shopping in your child’s own closet. During the hot summer months, it’s easy to forget about what fall and winter items your children own…