Skip to content

Personal Finance and Budgeting advise blog for Canadians and anyone who wants to stretch their dollars…

Menu
  • Home
  • About
  • 5 Principles for Budgeting
  • Advertising
  • Write for Us
  • Money Mastery Videos
  • Contact
Menu

Tag: interest rate

From 0.5% to 5%: The Bank of Canada’s Unprecedented Interest Rate Hikes, Their Consequences, and what to do about it?

Posted on September 3, 2023September 2, 2023 by budgetsense

In this challenging financial landscape, it’s clear that Canadians are feeling the heat of unprecedented interest rate hikes. of the last 18 months. From adjusting budgets to exploring alternative mortgage solutions, there are ways to weather this storm. By making informed decisions, seeking professional advice, and taking advantage of high-interest savings options, individuals and families can navigate these turbulent times with resilience and hope for a brighter financial future

Read more

Einstein called it the eights wonder of the world: Use this Financial Phenomenon to Multiply your Money in less Time

Posted on March 12, 2023March 12, 2023 by budgetsense

Albert Einstein once said “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it” . If something has the backing of arguably one of the smartest people in history, you can surely trust it! Compounding is the process whereby interest is addedto an existing principal…

Read more

Recent Posts

  • 3 Ways We Saved Money on Our Recent Vacation , Without Sacrificing the Fun September 13, 2026
  • The Zombies Found at Canadian Grocery Aisles of Late September 6, 2026
  • What If Your Paycheque Disappeared Tomorrow? Why Your Finances Need to Be More Diversified August 30, 2026
  • What the Failed Canada-U.S. Trade Talks Could Mean for Canadians August 23, 2026
  • The High-Yield Savings Trap: Why Parking Your Cash at 4% Could Be Costing You Money in 2026 August 16, 2026
  • The Budget-Friendly Alternative to a Staycation? Take a Road Trip! August 9, 2026
  • The Hidden Savings you get when Going on Vacations: the ‘Vacation Rebate’ August 1, 2026

Archives

Categories

Pages

  • Advertising
  • Contact
  • Money Mastery Videos
  • Welcome to BudgetSense.ca: About us, Purpose and Passion
  • Write for Us

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
©2026 | Built using WordPress and Responsive Blogily theme by Superb