Finance

My friends earn more than me – how do I tell them I can’t afford our plans?

My friends earn more than me – how do I tell them I can’t afford our plans? - Would you really judge your friends if they earned less than you?

2 Bargain Stocks You Can Buy Today and Hold Forever

When it comes to bargain hunting, you've come to the right place. These two bargain stocks certainly offer that as well as strong returns! The post 2 Bargain Stocks You Can Buy Today and Hold Forever appeared first on The Motley Fool Canada.

Billionaire Warren Buffett’s 5 top tips for making your fortune

Feds pay First Nation in B.C. $147M over loss of water rights

The Esk'etemc First Nation filed with Specific Claims in 2003, raising issues arising from being prevented from completing an irrigation ditch in the 1890s.

Could more interest rate cuts come from Bank of Canada?

In the latest edition of Your Money, personal finance expert Rubina Ahmed-Haq joins Antony Robart to discuss Wednesday's Bank of Canada interest rate cut and the impact it will have on Canadians.

Report: Packers make Jordan Love the NFL’s highest-paid quarterback

The Green Bay Packers and quarterback Jordan Love have agreed to a four-year, $220 million contract extension, NFL Network’s Ian Rapoport reported Friday.

This U.S. State Is One of the Best Places to Retire for Low Crime, Taxes, and an Affordable Cost of Living

Plus, it is a beloved mountain destination with excellent outdoor recreation.

Canadians may need to rethink retirement savings as more are living longer

Abstract: With more people living to be 100 and older, many retired Canadians worry about outliving their savings. Anne Gaviola has expert advice and more in Business Matters for June 17, 2024.

Russia's Central Bank hikes interest rate as inflation soars

MOSCOW (AP) — Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine.

I became a millionaire at age 27—here are 4 'unpopular' rules rich people follow that most don't

Your Rich BFF founder and self-made millionaire Vivian Tu reveals the "rich people habits" that made her a millionaire.

Umicore suspends construction of $2.76B battery materials plant in Ontario

Umicore says it has halted spending on a $2.76-billion battery materials plant in eastern Ontario.

These Stocks Are Safe and Steady: They’re Also on Sale

Fortis (TSX:FTS) stock is the perfect utility to buy and hold before the markets get any more volatile. The post These Stocks Are Safe and Steady: They’re Also on Sale appeared first on The Motley Fool Canada.

Shanghai launches $13.8 billion in funds to boost integrated circuit, biomedicine, AI sectors

BEIJING (Reuters) - China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. The fund for the AI sector will focus on fields including intelligent chips, software, autonomous driving and intelligent robots, Shanghai's government said in a statement. The money will be

Rising costs: 40% of Americans struggle to make ends meet

A significant portion of the American population is experiencing financial stress, as indicated by a... The post Rising costs: 40% of Americans struggle to make ends meet appeared first on The Independent News.

A retiree explains his path to achieve happiness and counter loneliness. It can work at any age and doesn't cost a penny.

Joe Lamy is surviving on Social Security, but his focus isn't on money. It's on the loneliness epidemic, and he thinks he might've found a solution.

Nvidia supplier SK Hynix to invest $6.8 billion in South Korea chip plant

By Joyce Lee SEOUL (Reuters) -The world's second-largest maker of memory chips, SK Hynix, said on Friday it had decided to invest about 9.4 trillion won ($6.8 billion) in its first chip plant in the South Korean city of Yongin. The Nvidia supplier, which reported on Thursday its highest earnings since 2018 and flagged rising AI chip demand, has been planning investment since 2019 on four new

Rate cut spells some relief for homeowners

Homeowners with variable rate mortgages, and anyone looking to renew or get into a new mortgage, will likely get a better deal after the Bank of Canada cut its key interest rate on Wednesday, according to personal finance expert Rubina Ahmed-Haq. 'They now have a little more wiggle room ... a little extra money,' she said.

These Are the 9 Most Expensive Cities in the World

If you're thinking about relocating to one of these popular cities, it is definitely going to cost you a pretty penny.

How Far $750,000 in Retirement Savings Plus Social Security Goes in Every State

The duration of retirement savings usually depends on withdrawal rates and general lifestyle spending. How much do you withdraw and how often? With your retirement savings and Social Security, there's...

Scotiabank says technical issues disrupting salary payments is fixed

TORONTO — Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday.

How Much Do You Need to Earn to Live in a Major U.S. City?

Living in a major metropolitan area doesn’t come cheap. To survive comfortably you’ll need to earn at least six figures, according to a new study. If you’re single, you’ll need to earn at least $96,500 a year before taxes, and two parents supporting two children will need at least $235,000, Knewz.com has learned. The above salaries are required to ...

Turkey's Erdogan announces $30 billion in incentives for high tech areas

ANKARA (Reuters) - Turkey will launch a $5 billion package to boost its annual production of electric vehicles to one million cars, President Tayyip Erdogan said on Friday, adding that Ankara would unveil other incentive packages for high tech areas totalling $30 billion. Erdogan, speaking in Istanbul, said Turkey had paved the way for EV makers to invest in Turkey, namely via China's largest EV

Inflation is cooling, why are Canadians still so stressed out financially?

Despite significant progress in the Bank of Canada’s efforts to bring annual inflation down, a new survey shows that Canadians are feeling more stressed-out financially than two years ago. Anne Gaviola has more on the cumulative effect of the high cost of living and rapidly-rising interest rates on household budgets.

Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks

Here's why Canadian retirees can consider holding high dividend clean energy stocks such as Brookfield Renewable and supplement the CPP. The post Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks appeared first on The Motley Fool Canada.

Experts told me I probably wouldn't get all my money back after renovating my home, but it's still worth every penny

I finished my kitchen remodeling a year ago, and while it came with plenty of challenges, it was worth it. Now I'm working on my bedroom and bathroom.

Average net worth of Americans by age — see how you compare

The annual salary you need to earn to be in the top 1% in every US state

Millionaires reveal 8 frugal habits that helped them get rich

5 Canadian Stocks to Buy and Hold Forever in Your TFSA

Are you looking for some Canadian stocks for a long-term investment? These evergreen stocks can help you generate wealth and passive income. The post 5 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.

Walmart Canada gives 40,000 hourly workers pay raise

Walmart says it’s spending $53 million to lift hourly wages for 40,000 of its workers across Canada, effective this month. Anne Gaviola has more on why the big box retail giant’s recent pay raise and hiring spree bucks current labour market trends.

What I Own: I purchased my £592,750 East London two-bed flat at the age of 22

'I saved 60-70% of my salary from work each month.'

Groceries are expensive, but they don't have to break the bank. Here are some tips to save

NEW YORK (AP) — If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one. Inflation is easing slightly, but grocery prices are still high — up 21% on average since inflation started to surge more than three years ago.

Charlie Munger lived in the same home for 70 years: Rich people who build 'really fancy houses' become 'less happy'

Billionaire Charlie Munger intentionally lived in the same California home for seven decades — making him "happier" and benefitting his children, he said.

Top 6 US industries where you can earn the most money

How Much Cash Should You Travel With?

Ever wonder how much money you should take with you when you travel? Here is what we do. Join this channel to get access to perks: https://www.youtube.com/channel/UCFr3sz2t3bDp6Cux08B93KQ/join #travel #budgettravel #travelsafety Copyright Mark Wolters 2023 Learn how to plan your travels like we do with our Travel Planning 101 Course: https://www.brighttrip.com/woltersworld Grab some Wolters World travel gear http://www.woltersworld.store Help Us Keep Make More Honest Travel Videos: https://www.patreon.com/woltersworld Hey There Fellow Travelers! Thank you for watching our honest travel vlogs from all over this wonderful world. If you would like to get in contact with us please follow us & send us a message via our social media channels below. Also, if you like our travel videos please feel free to share them with other fellow travelers. You can find us all over the internet: Travel Advice & Destinations: https://www.youtube.com/woltersworld Food Travel Videos: https://www.youtube.com/woltersworldeats Travel Tips: https://www.youtube.com/woltersworldshorts Business Education: https://www.youtube.com/professorwolters Tiktok: https://www.tiktok.com/@woltersworld Instagram: https://www.instagram.com/woltersworld Jocelyn's Instagram: https://www.instagram.com/jocelynwoltersworld Facebook: https://www.facebook.com/woltersworld Twitter: https://www.twitter.com/woltersworld Linkedin: https://www.linkedin.com/company/wolters-world-travel-culture/

Russia’s economy is struggling from sanctions, western officials say. Here’s why

High inflation, rising interest rates and labour shortages are undermining Moscow's claims of a strong economy, western officials say.

Business Matters: Loblaw facing probe over claims customers can’t delete PC Optimum accounts

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts. Anne Gaviola has this story and more in Business Matters for Wednesday July 24, 2024.

My Top 5 Dividend Stocks for Passive Income Investors to Buy in August

These five dividend payers are some of the top stocks on the TSX and among Canada's best passive income-generating investments. The post My Top 5 Dividend Stocks for Passive Income Investors to Buy in August appeared first on The Motley Fool Canada.

‘Deadpool & Wolverine’ is already breaking box office records, with more possible soon

“ Deadpool & Wolverine ” has gotten off to a supercharged start at the box office, breaking the Thursday preview record for an R-rated movie. The comic-book film sold an estimated $38.5 million worth of movie tickets from preview screenings Thursday, Disney said Friday.

‘Ridiculous’: Singh says punishment for Loblaws price-fixing scheme not enough

NDP Leader Jagmeet Singh called Thursday for tougher punishments for price gouging after it was reported Loblaw had agreed to pay $500 million to settle a class-action lawsuit regarding their bread price-fixing scandal. Singh said it was “ridiculous” that consumers “had to fight in court to get justice.”

Here's What 15 Things Cost 100 Years Ago

Price check on aisle 1920.

RRSP: 2 TSX Stocks Still Offering 7% Yields

These top TSX dividend-growth stocks still look cheap and offer great yields for RRSP investors. The post RRSP: 2 TSX Stocks Still Offering 7% Yields appeared first on The Motley Fool Canada.

C$ posts longest losing streak in six years as oil falls

By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened for an eighth straight day against its U.S. counterpart on Friday as oil prices fell and after the Bank of Canada cut interest rates further earlier in the week. The loonie was trading 0.1% lower at 1.3835 per U.S. dollar, or 72.28 U.S. cents. Earlier in the session, the currency touched 1.3848, matching the eight-month low that

Top 10 Countries that Pay You to Live!

The United States can be an expensive place to live. Housing, transportation, healthcare, and day-to-day expenses cause many Americans to look outside the US for better and more affordable places to live. Affordable is nice, but being paid to live in some place can be even better. Yes, believe it or not, some countries will pay you to move to the country and live there. They might pay you with tax breaks, real estate, or cold hard cash. Today, we look at 10 countries that will pay you to live there. Sometimes, it is tax breaks and other incentives; other times, it is cold, hard cash. We will list these countries and how you get paid. Got it? Get it? Good. Let's take a look. Top 10 Countries That Will Pay You to Live There Countries that pay you to live there Get paid to live in another country. Do you need a local Realtor for the area you want to move to? I have teamed up with HomeAndMoney.com to help you find one that suits your needs. Use this link: https://homeandmoney.com/briggs/ 💰Have Questions? Do you want to help find a place that fits?? My Cash App: $World2Briggs 🔶My Other Channels: 📺 On This Day https://www.youtube.com/channel/UCs9MGJ6xVKLKG_YsQkQNLjg?sub_confirmation=1 🏡Suite Life For Briggs https://www.youtube.com/channel/UCRIQ4mHp7f8cV0xiayhMSMw #unitedstates World According to Briggs, Travel, Real estate, Top 10, countries that pay you to move there, countries that pay you to live there, get paid to live in another country, get paid to live somewhere else, countries that will pay you, places that pay you to move there, best countries to move to, living abroad, Get Paid to move, expat retirement

Nova Scotia posts $143M surplus rather than expected $279M deficit

Nova Scotia closed the books on last year’s budget with a $143-million surplus rather than the $279-million deficit it predicted last spring, thanks in part to an unexpected jump in taxes collected from a growing population.

25 Things To Sell When You’re Ready To Retire

Many people downsize in retirement as a way to cut back on expenses and make their lives simpler. For some, this means relocating to a smaller home or a retirement community. For others, this means...

A man who 'hopes he runs out of money' before he dies explains why you may not need as much cash to retire as you think

You might need less money than you think, because you won't be able to cover some healthcare costs anyways, and your expenses will decrease with time.

What's the most expensive home you could afford?

Use this tool to calculate the most expensive home you could buy based on your income and passing the mortgage “stress test."

Insurance Hacks: How to slash your premiums and save big

Sangita Patel reveals top tips to ensure you're not overspending on home and car insurance. Plus find out how even your profession can lead to significant savings.

When I was 26, I got home-buying advice that made all the difference for decades

A mentor warned her not to buy as much house as she could afford, and following that advice changed her overall financial picture.