It’s no surprise that 2020 and 2021 have both brought significant financial challenges for individuals, families, and businesses alike in Vancouver (Especially in the Lower Mainland area). In fact, British Columbia could be facing a deficit of $12.5 billion.

According to the latest Impact Pulse Survey of Vancouver businesses, 75 percent of respondents reported challenges in attracting revenue or customers. Approximately 30 percent reported not having enough cash to …

The act of spending has become effortless. Debit cards, credit cards, online shopping, PayPal, Apple Pay, and money transfer apps like "Venmo" have made it easy to spend money in an instant.

Plus without having to physically hand over your cash or even open up your bank statement, it’s become quite easy to lose sight of how much you are actually spending. There is nothing wrong with getting faxless payday …

At one point or the other, many people will find themselves in situations where they need a loan. The person making this request may be a relative, close friend, or even a co-worker. Loaning money comes with its own risks and stigmas; what if the borrower takes too long to return the money? What if they can't afford to pay back the loan? Worst of all, what if they simply …

Taking out student loans is a fairly common practice. Some go for other options but many young people (Even if you are on some kind of disability) do this for the sake of investing in their education or otherwise being able to attend college or university. Initially, being able to take out student loans and attend college may seem like a dream come true. However, this dream can quickly …

Whether it’s for buying a house, purchasing a car, or trying to pay off your monthly bills, people take out loans for a multitude of reasons.

It may seem absolutely fantastic when a check gets handed to you, but the reality is that nearly all loans come with interest rates. Keep in mind that banks, online lenders, and other financial institutions are more than eager to give out loans …

There are many people who wind up taking out loans at one point or another. Perhaps they needed the funds to invest in their education, pay bills, cover a sudden emergency, etc. However, regardless of the reason, the ultimate reality is that borrowed funds must be paid back. Unfortunately, there are countless individuals who struggle with paying back loans which they took out. This ultimately doesn't bode well, seeing …

Nobody likes to think about recessions and their economic impacts on lives and finances. Nevertheless, many people have lived through and experienced the plights of recessions. Although they take a toll on virtually everyone, members of society who are most vulnerable and least prepared tend to suffer on considerably higher levels.

This is what makes financial preparation absolutely paramount. Failure to plan is ultimately a plan to fail. However, the …

There are countless reasons you may be considering leaving your current job, from relocating, to a career pivot, to simply wanting to take a break! Whatever the reason is, it is both an exciting and daunting prospect to soon be without the financial security that comes with a regular paycheque.

Job resignations are a part of building a career across multiple companies. However, they require considerable financial preparation and a …

Millions of individuals have filed for bankruptcy since its inception. This may come as a shock to many people who generally view bankruptcy as a state in which low income individuals find themselves. Although bankruptcy occurs when someone is unable to pay their debts, there are a variety of circumstances and decisions which can bring about this unfortunate situation. According to Investopedia , medical expenses, employment loss, excessive spending/misuse of …

Most people who immigrate to another country have experiences that differ from natives. They often have a hard time adapting financially. This is not to say that immigrants cannot be successful and prosperous, but the playing field is different. Hence, having the right information and proper financial awareness becomes important.

There have been countless people who have extraordinary success stories after moving to a new country. Many immigrants have gone …