Financial Insights & Guides for Canadians
Practical guides, explainers, and insights to help Canadians understand financial decisions before they make them.
The 40 Cheapest Places to Live in Canada
Where are the cheapest places to live in Canada? Generally speaking, it is expensive to live in large cities. Smaller cities tend to be a more economical choice, even if you commute a short distance to work. Smaller cities have a…
Is Chime Available in Canada? Nope, But There Are Alternatives
Have you ever heard of Chime? It’s a popular banking app in the United States that has gained quite a following. With its sleek design, user-friendly features, and no hidden fees, it’s no wonder that many Canadians have been eagerly…
Is Zelle Available in Canada? Nope, But There Are Alternatives
If you’re a Canadian who has heard about Zelle and is wondering if you can use it to send money, I have some bad news for you. Zelle, a popular peer-to-peer payment platform in the United States, is not yet…
The FIRE Movement: 10 Myths BUSTED!
Most people who criticize the FIRE movement (Financial Independence, Retire Early) base their arguments on misconceptions that simply aren’t true. If they took the time to fully educate themselves, they’d quickly realize their gripes with FIRE are incorrect. As a…
CMHC and Mortgage Default Insurance: The Secret No One is Telling You
Becoming a homeowner for the first time is a rite of passage into adulthood. It is an incredibly exciting stage in life. But it can also be incredibly overwhelming. One thing is for sure, you need a downpayment. But how…
Tim Stobbs Crushed His Early Retirement Goal With Balance, Flexibility And A Healthy Dose Of Perspective
Tim Stobbs of Canadian Dream Free At 45, which was featured in Hardbacon’s Top Canadian FIRE blogs ranking, is the ex-engineer who crushed his early retirement goals 5 years ahead of schedule. And he did it without resorting to the…
Sterling From The Canadian FIRE Blog, Learning To FI, Opens Up About His Journey To Financial Independence And Why The Numbers Aren’t Everything
Sterling, the 39 year old Canadian behind Learning to FI, one of Canada’s best FIRE blogs , understands better than anyone how difficult change can be. To change your lifestyle often means changing your values, and for a lot of…
Chrissy From Eat Sleep Breathe FI Gives Us The Inside Scoop On Her FIRE Journey, What Motivates Her And Why It’s OK To Be Different
Blogger Chrissy from Eat Sleep Breathe FI is the FIRE fanatic who’s passion, warmth and generosity of spirit is so palpable that even her emails feel like a warm hug. And it’s that almost tangible earnestness that has not only…
3 Canadian Penny Stocks Popular with Robinhood Investors
Penny stocks remain popular with retail investors as they allow you to gain exposure to the equity markets with a small amount of capital. For example, if you have $500 to invest you can buy just 10 shares of Enbridge.…
Norbert’s Gambit: Convert CAD to USD in a Cost-Efficient Way
Investing in the U.S. equity and bond markets allows Canadians to diversify their capital and lower overall risks. Several growth stocks trading south of the border also provide Canadians an enticing opportunity to grow long-term wealth and most domestic brokerages…
Dividend Stocks: Is it Better to Own Them in a TFSA or an RRSP
There are several registered accounts where Canadians can hold their equity investments. Two of the most popular registered accounts in Canada include the Tax-Free Savings Account or TFSA and the Registered Retirement Savings Plan or RRSP. Both the accounts allow…
3 ETFs for Canadians Looking to Invest In the S&P 500
Let’s be honest. Most investors aim to generate consistent returns and build long-term wealth. As interest rates and bond yields are near record lows, equity markets remain the top bet for Canadians looking to beat inflation rates. One of the…
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