Financial Insights & Guides for Canadians
Practical guides, explainers, and insights to help Canadians understand financial decisions before they make them.
CIBC sample cheque: everything you need to know to find it and understand it
From pre-authorizing payments to getting paid, sample cheques still come in handy… even though cheques are rarely used in Canada. The main reason you need a Canadian Imperial Bank of Commerce (CIBC) sample cheque is to share your banking information…
YNAB Review: Power Budgeting That Promises Savings
In the days before cloud computing, households wanting to maintain a digital budget had to turn to programs like Quicken and Microsoft Money. Every transaction had to be processed and tracked for the software to create models and projections for…
PC Financial Review: Groceries, Banking, Rewards and More
PC Financial might be the next big thing in banking for Canada. Three years after they ended their relationship with Canadian Imperial Bank of Commerce (CIBC), PC Financial is back on the banking circuit. Our grocery store behemoth is starting…
Ladies, How to Improve Your Financial Literacy This Holiday Season
There’s never been a time where the female population’s lack of financial literacy has been more apparent. I know, it’s a bold statement but it’s true. You won’t be hard-pressed to think of reasons why, since the pandemic recession highlighted…
We Reviewed the “Reddit Personal Finance Canada” Subreddit For You
As a young adult in my 20s, every time I encounter a minor problem or have a doubt about something, I know Google will always be there with all the answers. This time was no different. After spending a long…
If you had bought Tesla stock rather than a Roadster 10 years ago, this is how much you would have now
Just under 10 years ago, Tesla took its first steps on Wall Street, seven years after being created. Since then, despite a tumultuous stock market journey, Tesla’s stock value has grown by a remarkable 2970%. If you had invested in…
Toward an Initial Public Offering in 2021
I’ve always had the ambition to bring Hardbacon to the stock market. However, I had no idea it would happen so quickly. In fact, I’m proud to announce today that we’ve taken steps to enable Bacon Financial Technologies Inc., the…
How to Shop for Private Health Insurance
In insurance, we often see two scenarios: people are either over-insured or under-insured. It is important to be properly protected by health insurance, whether by a group plan with an employer or private health insurance. Health insurance is essential to…
How to Buy Homeowners Insurance in Canada for 2023
If you’ve just bought a new house and you are looking for good homeowners insurance coverage, you’ve come to the right place. This guide will teach you everything you need to know about homeowners insurance. Ideally, you should consider purchasing…
How Car Insurance Works in Canada: Your Complete Guide
Here’s the skinny, car insurance is not the same across Canada. Many provinces have very different regulations about how you insure your car, motorcycle, snowmobile, moped, farm equipment, and flying skateboard. I’ll try to offer some helpful information on navigating…
How Adding Turo Insurance Protects You When You Rent Your Car Out On Turo
Turo offers insurance coverage for hosts, making this peer-to-peer rental market incredibly accessible. If you are thinking about renting your car on Turo, but you’re worried about the insurance implications, we’ll give you a quick tour of the costs and how they affect your bottom line.
Food Delivery Car Insurance: Are You Protected?
Are you a food delivery driver for a company like UberEats, Doordash, or SkipTheDishes? If so, have you thought about food delivery car insurance coverage? You could be driving around without any protection at all. If you got into an…
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