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Should I Hold On Before I Put My Money Into Investments?
According to current prices, the stock market is of the same value as it was in January, and even higher than it was at Christmas time. This was pre-pandemic, pre-social unrest, pre lockdown time. As we all know by now, the stock market is not a good reflection on how...
Small business financing guide Canada
Small businesses in Canada have been struggling for some time now in financing their companies. Small businesses pay a high price for trying to gear their company, and that they're even approved. The head of SME banking at the Bank of Montreal, Arun Kumar, suggests...
How Canada Makes Summer Jobs Accessible Through Grants?
Whilst there is an increasing amount of starting positions, there is also a huge growing number of graduates as well as young people in general. Getting a job is more competitive than ever in most fields, with many having to send off applications in their hundreds to...
Questrade RESP Review: Saving for My Child’s Education
In Canada, there’s a 4-letter acronym that spells “Free money for your child’s education”. It’s called RESP – or a Registered Education Savings Plan. This is a government-approved savings plan that helps parents and guardians of children (under the age of 18) to save...
How to Start a Freelance Business the Right Way
The typical 9-5 office job lacks the glamour it once had. It once provided the income, prestige, and fulfillment that once defined the American Dream – not anymore. These days, stagnant salaries, 12-hour work days, and piles of soul-crushing work are becoming the...
Crippling College Debt: Necessary Evil or Not?
Crazy amounts of debt from going to college is not new news. Many people are beginning to question whether or not going to college is even necessary. Why attend college? Is the degree required for the career you plan to go into? Can you work your way up in the career...
Should I Move to the USA for Better Employment Opportunities?
In recent years, it has become a popular debate as to whether the United States has a stronger job market for young adults/college students than Canada. What is important to remember is that the United States has more larger cities than Canada, which does impact the...
Canadian Ancestry
Canadians have a long, complex, and very rich history. While many history books typically start with the arrival of the Europeans, the true history of Canadian people is far older. Starting roughly 15,000 years ago, as seen in the image below, Homo sapiens spread...
Cheap Travel Abroad: How to Make It Happen from Canada
Traveling and overpaying for your trips can cause you to have a great deal of debt in your adult life. Younger Canadians are seeing this happen quite frequently due to the high cost of travel that exists within Canada and the distance that Canada is from many parts of...
Should I invest my money into collectibles?
I have recently debated the topic of collectibles with a friend, but failed to find any valuable resources online. There are some nice blog posts, more than several boring Investopedia pages, and countless senseless articles by publications like USNews written by...
The Best 5 Business Credit Cards In Canada
What is a business credit card? A business credit card is basically a credit card that is intended for business use rather than for one’s personal use. It doesn’t matter if your business is a corporation, partnership or sole proprietorship. Business credit cards can...
Starting a New Business: How to Find Financing
I've always been a fan of being your own boss. Yes, it is in fact more difficult than being employed and more energy consuming - but if you are talented and feeling underestimated, building your own business could be a viable solution to your concerns. You do not need...
Moving Abroad to Save or Earn Money – Where to go
Upon graduating from University, it can be quite difficult to immediately find an employment position that has a high enough salary to rent a flat in the big cities. For this reason, many recent graduates have begun to explore options that are outside of Canada to see...
5 Alternatives to a Lavish Wedding that Will Still Create Wonderful Memories for Your Special Day
Starting out in life is full of firsts and exciting new experiences. Moving out of your parents’ home into your own place, whether it is a dorm room, apartment, shared housing etc. it is all new and exciting. Most young people do not start out with everything they...
Saving with Tangerine: Are Your Savings Insured and Are They a Good Deal for Students?
Typically, students aren’t exactly known for being flush with cash – especially when a new term is just around the corner, bringing with it a slew of start-of-year expenditures. Many students work part-time, which means that while in school, college or...
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– MyUniversityMoney staff