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The first $100,000 is the hardest to save for newcomers
– moneysense.ca
Immigration has become a contentious political issue in both the United States and Canada in recent years. A big reason is the perception that newcomers to these countries are competing for jobs and driving up the cost of housing. The re-election of Donald J. Trump is almost certain to make this an even more relevant issue.
As I am myself the child of British immigrants, I am naturally sympathetic to those brave or desperate enough to leave their homes to find opportunities in North America. Which is one reason that over the past year, I’ve been corresponding with an interesting blogger and former financial advisor, Alain Guillot. He occasionally republishes his blog posts on my site Findependence Hub. His own blog is called simply AlainGuillot.com.
Also read
Earning, saving and spending in Canada: A guide for new immigrants
read now
The wealth paradox: why saving $100,000 is hard
Guillot writes at least one blog post a week and has 600 subscribers on his YouTube channel…


