Blog

I recently told you about an ingenious teenager from Longueuil who’s had resounding success with his Amazon mystery package auctions. Well, I also got into the game. And let’s say that despite some decent finds, my harvest was more amusing and pathetic than practical and profitable. How do these auctions work, you ask? Basically, Maxime […]

The Motley Fool Canada is one of the most popular financial newsletters in the country. And just like Hardbacon, they’re on a mission to help Canadians get smart about money. What sets them apart? The Motley Fool Canada is heavily focused on stock market picks and investing advice. But they didn’t stop there. The Motley […]

Shiba Inu (SHIB) was one of the most explosive cryptocurrencies of 2021. According to data from crypto price- tracking website CoinMarketCap, it was the most viewed cryptocurrency of the year, surpassing even Bitcoin. At the time of writing, it has a market cap of over $17.9 billion. However, the circulating supply of Shiba Inu tokens […]

If you’ve been researching cryptocurrency and blockchain technology for some time now, you’ve likely come across the terms Proof of Work (POW) and Proof of Stake (POS). Though these terms may seem like overly specific technical jargon, they are actually as fundamental to cryptocurrency as blockchain itself.  The security, decentralization, and functionality of digital assets […]

If your budget is tight, it can be tempting to only make the minimum payments on your debts. Credit card minimum payments in Quebec are regulated. Credit card contracts entered into since August 1, 2019 require a minimum payment of at least 5% of the balance due. As for contracts concluded before this date, the […]

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 lot to offer. Since the beginning of the Covid pandemic, housing prices have increased substantially. […]

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 awaiting its arrival north of the border. Unfortunately, Chime is not yet available in Canada. […]

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 available in Canada. But don’t fret, because there are alternative options that can help you […]

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 FIRE blogger and podcaster, I’ve seen, heard and read it all when it comes to […]

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 much? And can you afford it? Thanks to the Canadian Mortgage and Housing Corporation (CMHC), […]

If you’re a mortgage holder, you’re fully aware of the costs and commitment involved. You’ll typically spend at least a couple of decades servicing the debt payments and racking up hefty interest charges along the way, which could probably buy you a luxury vehicle or two when added up. A mortgage is, single-handedly, the most […]

Graham from Reverse The Crush, one of Canada’s top financial independence blogs, has made his fair share of embarrassing money missteps. Like so many of us, he knew that money was meant for so much more than spending. He just didn’t know what to do with it. Graham may not have started his FIRE journey […]