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Why healthy money conversations are key to building wealth together Jul 8th
When it comes to building wealth, most people focus on investments, debt levels, or market performance. But what if the real threat to your financial future isn’t any of those? According to Co-authors of Money Together, Heather and Douglas Boneparth, the biggest risk is hiding in plain sight: the .... More »
Best robo-advisors in Canada for 2026 + MORE Feb 11th
The name may be offputting, but robo-advisors occupy a key middle way in the investment landscape between do-it-yourself investing and having a live investment advisor. They will cost you a lot less than a commissioned or fee-for-service advisor and the often pricey investment products they recommen.... More »
Stock news for investors: Spinoffs, acquisitions, and market moves Oct 2nd
Here’s a round-up of news for Canadian investors this week.
Maple Leaf Foods
TMX group
MEG Energy
Stella-Jones
Algoma Steel
Featured RRSP Accounts
featured
EQ Bank
Build .... More »
Elon Musk fires Twitter board, making himself sole director - Al Jazeera English + MORE Nov 1st
Elon Musk fires Twitter board, making himself sole director Al Jazeera EnglishElon Musk's Twitter takeover has some users considering leaving site CBC News: The NationalBefore Elon Musk destroys Twitter, here are 7 of his other failures MobileSyrupLike Trump, Elon Mu.... More »
Oil giant Saudi Aramco makes a historic $161B profit in 2022 - Business News - Castanet.net Mar 12th
Oil giant Saudi Aramco makes a historic $161B profit in 2022 - Business News Castanet.netSaudi Aramco Posts Blowout Annual Profit and Raises Dividend BNN BloombergSaudi oil giant Aramco posts record $161 billion profit for 2022 CNBCSaudi Aramco’ s $161bn profit is .... More »
Introducing KOHO, a unique financial service app
– moneysense.ca
Nowadays, consumers can shop around for the low- or no-fee accounts, competitive interest rates, and additional features they want. And banks aren’t the only ones delivering financial services to Canadians. Fintechs, which integrate technologies into the financial sector, have empowered developers and inspired those on the vanguard to rethink financial services altogether. One such product is KOHO, a financial service app Canadians can use for spending, saving and budgeting. Users transfer money to a reloadable prepaid Visa card that serves as a no-fee spending account where you can earn 1.2% interest and instant cash back. How does KOHO work?
Think of KOHO’s standard savings account as a spending account with pretty good interest (compare KOHO’s 1.2% on your entire balance with traditional banks’ standard 0.05%). It has no fees, no matter how much money you hold. To get that rate, you’ll need to set up a regular direct deposit to your KOHO account (your paycheque or a portion of it; a government cheque; or even a PayPal deposit), and then opt into earning interest inside the app…
