Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
According to Statistics Canada, the average Canadian household spends $9,102.40 on food every year. And whether you’re single or have a family of growing tots to feed, you understand that spending more than you anticipated at the grocery store is all but too easy (Pro tip: Don’t go to the groce.... More »
The BB&T-SunTrust merger is an attempt to compete with the giants..... More »
By paying banks not to lend, the central bank diminished its ability to control interest rates..... More »
Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order..... More »
Canadian youth get top marks for financial literacy but more than one in ten 15-year-olds struggle with basic financial skills. But new allowance apps can help them manage their chores and allowance..... More »
To simply say I love credit cards is an understatement. Currently, I have more than 10 active cards, which is much more than the average person will ever need at once, but I use them all for a variety of reasons. When you know how to game the reward system and reap the benefits of different cards, the possibilities are endless, especially with regard to travel rewards.
I’ve flown to Hong Kong on points, and just recently, I stayed at the Marriott Amsterdam hotel for a week solely on credit card points. Now, imagine if I had to pay for that flight and hotel in cash; I would have spent more than $6,000. So you can see why I get so excited over using my credit cards.
Mind you, I’m pretty open about how I use my credit cards, and I likely spend a lot more on them in comparison to the average person. But as long as you’re careful about how and where you spend, here’s how any average Joe can take advantage of the system and reap all the benefits that credit cards have to offer.
Tip #1: Look out for sign-up bonuses
Without a doubt, sign-up bonuses are one of the best ways to travel for free…