Who Really Deserves a Christmas Gift? That friendly crossing guard who helps your child get to school safely – does he deserve a Christmas gift? What about your condo’s security and mail team? Your coworkers? Your boss? Your barber? You get the idea. Throughout the year, you interact with many people – sometimes hundreds. So…
I am an avid podcast listener, and “We Study Billionaires – The Investor’s Podcast Network” happens to be one of my favorites, for all things to do with investing and analyzing the personalities and character of great investors. One of their recent episodes caught my attention, and I decided to make notes and share my…
Did you notice the recent downward trend in gas prices in Toronto—and across Canada in general? Ever since the Liberal government decided to remove the consumer carbon tax on gas, prices have been trending downward. In fact, despite periods of significant volatility, the price of gasoline in Toronto has dropped by 26.7 cents per litre…
Can you manage your debt without knowing how much you owe?Sure — but you won’t get anywhere. You’ll just keep spinning your wheels. Recently, a friend asked me for help with his family’s growing debt and wanted to find better, more aggressive ways to eliminate it faster. Their total debt was around $60,000, spread across…
Amazon was one of the first high profile tech company to come out and announce plans for big layoffs to their workforce. As if not to want to come out first, and Amazon having cut the tension, other companies came out shortly after, including UPS with close to 50K job cuts. GM, Target and Paramount…
Today is October 19, and while we still have Halloween and U.S. Thanksgiving to get through, Christmas is just over two months away — about nine weeks, to be exact. Let’s break it down further: that’s roughly 4–5 more paychecks for most people, assuming a bi-weekly schedule. Why am I breaking down how many months,…
I’ve always loved going to Chuck E. Cheese — it’s a place where my kids and I have a blast while it brings back wonderful childhood memories for me. We try to take the kids there about once a month. Recently, during one of our visits, I saw a great offer for a two-month pass…
We often use credit cards for their convenience and to buy things even when we don’t have enough cash on hand. But have you ever thought about their other benefits—the ones that may not come to mind right away? There are many such perks to using credit cards, but today, let’s focus on three of…
If I only bought Bitcoin 10 years ago…What if I had bought Tesla or Amazon stock a decade ago?How much money would I have today if I had saved just $100 from every paycheck and increased it by $100 each year? We’ve all played this game of “what if.”It’s easy to imagine a better financial…
The Bank of Canada announced a quarter-percentage point decrease to the prime lending rate, now at 2.50%, confirming forecasts of a rate cut. This move is expected to lower borrowing costs, with the prime rate likely adjusting to 4.70%. Variable-rate borrowers may see reduced monthly payments, while fixed-rate mortgage changes will vary. Analysts anticipate further…