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Going Cashless

Imagine a world without coins or banknotes; a world where every transaction you make is carried out using your credit card, or even your smartphone. Around the world, cash is being used less and less compared to electronic transactions, and Canadians are among the leaders in this shift in the global economy. According to a 2013 study by MasterCard Canada , Canada is moving towards a cashless economy, behind only …

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Should You Declare Bankruptcy?

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When your other debt management options are exhausted, it might be time to declare bankruptcy. When the debt collectors are after you and you can’t make your payments, even with sensible financial planning, bankruptcy can wipe your slate clean. This is why you should pay great attention to understanding how to achieve your financial goals.

Your debts will be forgiven, your credit history would be completely wiped out, and …

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Eating On A Budget

Eating on a Budget

This article is part of our Finance Hub.

Food is almost always going to be one of the bigger expenses in your budget, especially if you have a large family to feed. This guide will teach you how to manage your food budget and make your dollar go further.

Budgeting

Knowledge is power. If you don't know how much you're spending on food, it will be difficult to …

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Fitness, the Frugal Way

Gyms

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The health benefits of regular exercise are numerous. Exercise is needed to keep you healthy, extend your lifespan and help you achieve a balanced life. However, this doesn’t mean that you have to spend a lot of money on staying fit.

The average gym membership in Canada costs between $40 and $50 each month, and this doesn’t include additional charges such as joining fees. If you want classes or …

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Using Your Credit Card Responsibly

This article is part of our Finance Hub.

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Credit cards are useful, but they’re also dangerous. Their convenience makes it very easy to pile up debt, debt which will accumulate interest quickly and ruin your finances. This guide will teach you how to use your credit card responsibly, enjoying the benefits of credit card use while avoiding the risks.

Life Without Credit Cards

If credit cards are risky, why …

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Protecting Yourself From Fraud

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It is one thing to pick the right career and have a good income, and it is another to protect this income from fraudsters. Unfortunately, Canadians lose millions of dollars in credit and debit card fraud every year. For example, 2013 saw $29.5 million in debit card fraud alone. However, it only takes a few simple precautions to reduce your risk of fraud.

This article will show you how to …

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