Personal Finance

Forget income tax: Here are 25 other ways bloated governments hurt your pocketbook

People automatically assume you mean income tax when you talk to them about paying taxes, but have you ever thought about all the other types of taxes and government fees and levies that erode your income and wealth? Technically, taxes are mandatory, with no direct benefit to such payments. Fees charged by governments are usually in exchange for some type of service or other benefit. A levy is often imposed on an industry or activity, but can...

U.S. Tariff Delays: What the shifting deadlines mean for the economy

U.S. tariffs on Canadian and Mexican goods have been delayed, with shifting deadlines from March 4th to April 2nd. Money expert Rubina Ahmed-Haq discusses the market's reaction and what these changes could mean for jobs and the economy.

8 food shopping mistakes that cost you a fortune

Alberta announces $8.5 billion for roads, bridges and water system

Improvements could be on the way for Calgary’s roads. As Drew Stremick reports, the province has announced $8.5 billion to build roadways, bridges, and water systems.

5 big things that disappear after you retire in Canada – Are you prepared?

Planning ahead is key to experiencing any financial shocks

Canadian dollar posts weekly gain as equities rebound

By Fergal Smith TORONTO (Reuters) -The Canadian dollar strengthened against its U.S. counterpart on Friday as equity markets rebounded and Mark Carney was sworn in as the country's prime minister, with the currency notching its second straight weekly gain. The loonie was trading 0.6% higher at 1.4360 per U.S. dollar, or 69.64 U.S. cents, after trading in a range of 1.4356 to 1.4447. "It's a

‘It’s not taxed at all’: Warren Buffett shares the 'best investment' you can make when battling inflation — and it doesn't have to cost you a dime

Buffett likes high-quality businesses with low capital needs but, even better, are investments that don't cost you a dime. Here are two strategies straight from Buffett's playbook

Revealed: The world's richest person in every decade since 1820

What did it take to be the richest person in the world in 1820, 1850 or 1900? And how does that compare to today?

Struggling with numbers was the first warning sign of my brother’s dementia

Should Canadian retirees own or rent their home? Use this simple ‘5x5x5 rule’ to figure it out

Retirement author and YouTube host Geoff Schmidt advises following what he calls the 5x5x5 rule.

Here’s how much you need to earn to be considered upper class in every US state

Is a Costco membership really worth it?

Is Costco worth the hype? Let's talk about membership fees and the perks you'll get.

Mortgages, maintenance and property taxes: How much does it really cost to own a home?

Jessica Moorhouse, author and host of the More Money podcast, says that the down payment and monthly mortgage payments are just the tip of the iceberg when it comes to the cost of owning a home. She tells BC Today host Michelle Eliot that maintenance costs and property taxes could add up to thousands of dollars. She advises homeowners to set aside a home emergency fund to maintain their homes.

Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week

NEW YORK (AP) — U.S. stocks rallied to their best day in months on Friday as Wall Street’s roller coaster suddenly shot back upward. That still wasn’t enough to keep the U.S. market from a fourth straight losing week, its longest such streak since August.

11 Richest People in History (Adjusted for Inflation)

Beginner Investors: 2 Safe Dividend Stocks to Keep Money Coming In

Wondering how to reduce your risk in these uncertain times? These two Canadian dividend stocks are a good bet for solid passive income. The post Beginner Investors: 2 Safe Dividend Stocks to Keep Money Coming In appeared first on The Motley Fool Canada.

The rise of the world's first billionaire and his notorious dynasty

John D. Rockefeller, the oil dynasty founder, had an estimated fortune equivalent to around $400 billion (£315bn) in today's money at the height of his success. Find out what happened to his fortune.

College Degrees That Actually Help Make You Money (ranked)

A bachelor’s degree can mean earning $1,432 weekly, but some majors far exceed this. This ranking reveals the top-paying degrees supported by data from the BLS, PayScale, Indeed, and more. (The amounts in the headings are approximate averages.)

61% of Canadians fear running out of money in retirement—here’s what you can do

Nearly two-thirds of Canadians worry about outliving retirement savings. Learn key strategies to boost financial security, understand CPP benefits, and manage your retirement confidently. Insights for every age and income level

Rags to riches: 19 billionaires who came from poverty

From JK Rowling to Jensen Huang, we reveal the fabulously super-rich who went from rags to riches.

Reverse mortgage down payment gifts: golden opportunity or golden years gamble?

For most of us, homeownership is fundamental to securing our golden years. For those who don’t get on the property ladder because they can’t afford a down payment, it can be a financial gut punch in retirement . Increasingly, parents and grandparents are playing financial fairy godmothers, determined to protect their heirs from this fate. They want to help their kids or grandkids buy now in case rising values price them out of the market. “In...

Who is Mark Carney, former central banker, who is replacing Justin Trudeau as prime minister of Canada?

Who is Mark Carney, former central banker, who is replacing Justin Trudeau as prime minister of Canada? - Carney has promised to stand up for Canada amid brewing trade war with Trump and speed up sluggish growth in national economy

22 Countries Where You Can Retire Like Royalty on a Tight Budget

Retirement can be the perfect time to enjoy a life of luxury and relaxation. Life can be challenging, with most

TSX, U.S. markets rally Friday, gold price tops US$3,000 an ounce for first time

TORONTO — Canada's main stock index gained 1.5 per cent Friday, rallying alongside U.S. markets to end an otherwise grim week for equities, while the price of gold topped US$3,000 an ounce for the first time ever.

15 Richest Families in the World and How They Made Their Fortune

Canada raises contribution to Ukraine Energy Support Fund to over €40 million

Canada has increased its contribution to the Ukraine Energy Support Fund to €40.1 million. The funds will be used for the restoration of energy facilities and the support of critical infrastructure, according to the press service of Ukraine's Ministry of Energy. The Canadian government has contributed an additional €33.4 million (50 million Canadia...

Is the Canada Pension Plan secure?

Whether you’re in the earliest stages of your career or almost at the end of it, it’s important to regularly think about how you’ll fund your retirement. Some people will have workplace pensions, but most Canadians must save for retirement themselves. Registered Retirement Savings Plans are the most popular tool. You may have other investments […] The post Is the Canada Pension Plan secure? appeared first on For Your Life.

Where to Invest Your TFSA Contribution for Maximum Growth

Shopify (TSX:SHOP) stock could be a great buy as the market gets pummelled by tariff news. The post Where to Invest Your TFSA Contribution for Maximum Growth appeared first on The Motley Fool Canada.

10 Signs You Can’t Retire & 10 Signs You Should Go For It

Let's face it: the retirement question keeps many awake at night. It's an immense decision that requires you to strongly consider finances, emotions, and practical realities unique to your specific situation. Looking at both sides helps clarify where you stand and whether or not you're truly ready to proceed with retirement. Let's break down 10 signs that retirement isn't in the cards for you and 10 that you should go for it.

25 musicals that blew up the box office, ranked

From Wicked to Mamma Mia!, discover the highest-grossing musical movies of all time.

Carney says consumer carbon price ‘eliminated’ immediately

Carney said the order he signed fulfilled a promise he made while running for the Liberal leadership and will help address affordability concerns for Canadians.

Top 15 Countries Where Tourists Are Treated Like Walking ATMs

Top 15 Countries Where Tourists Are Treated Like Walking ATMs

Average pay of the UK's 15 most common jobs revealed - see how you compare

There are plenty of jobs to choose from.

MailOnline calculator reveals just how much you spend on subscriptions

MailOnline's handy calculator lets you easily compile all your steaming outgoings and work out a grand total - and you may be surprised how much you're spending.

The Financial Checklist To Consider At Age 60

9 items you have around your home that are worth more than you think

16 Countries That Will Pay You To Live There

The perfect way to start anew.

Jobs that pay the most for under 30 hours work a week

12 Countries with the Highest Number of Millionaires Per Capita

The Richest Celebrities Who Made More Money Outside of Hollywood

The Richest Celebrities Who Made More Money Outside of Hollywood

10 Jobs You Can Do Anywhere That Pay Really Well

We all get tired of the daily grind at the office-but it doesn't have to be that way. In fact, you can actually earn a decent income from the comfort of your favorite coffee shop or while chilling at home in your pajamas. But how? Let's look at ten great jobs that'll allow you to ditch the office and still bring home a good paycheck. Featured Image Credit: Pexels.

How Much Is A Plane In 2021 - Aircraft Prices & Why It Doesn't Matter

In this video, I'm going to tell you how you can buy a commercial plane, how much it costs and why that may not be the best idea. There are some pretty crazy price differences and some planes are effectively worthless despite costing half a billion dollars - so buckle up and let us go shopping!

The Wealthiest Rock Legends Ever (Ranked)

Mansions in Malibu don't pay for themselves. Behind every legendary guitar solo and stadium anthem sits a financial portfolio that might surprise you. After all, these remarkable performers built empires beyond their chart-topping hits.

Canadians: Here’s How Much You Need in Your RRSP to Retire

It takes $1.7 million to retire according to financial advisors. Can index funds like the BMO Canadian Dividend ETF (TSX:ZDV) take you further? The post Canadians: Here’s How Much You Need in Your RRSP to Retire appeared first on The Motley Fool Canada.

How Canadians can take back control in face of new U.S. tariffs on aluminum, steel

The uncertainty of these on-again, off-again tariffs has shaken financial markets, leaving many wondering how to navigate the economic impact. Financial coach and blogger Beverly Wilks shares advice on how to stay financially resilient in uncertain times.

12 Passive Income Streams You Can Start with Less Than $100

3 Stocks That Cut You a Cheque Each Month

These three monthly-paying dividend stocks could boost your passive income. The post 3 Stocks That Cut You a Cheque Each Month appeared first on The Motley Fool Canada.

Why America’s Most Expensive Homes Are Empty – And What It Says About the Future

Why America’s Most Expensive Homes Are Empty – And What It Says About the Future

Germany eyes defence boost with new debt agreement

The future chancellor of Germany, Friedrich Merz, confirmed on Friday that the CDU/CSU Christian Democratic parties and Social Democrats have reached an agreement with the Greens to increase Germany's debt to allocate additional funds for defence purposes. The vote on this matter will take place on Tuesday in the Bundestag. "Germany is back in the ...

6 healthy habits to take up this spring

6 healthy habits to take up this spring - Psychologist Dr Catherine Wikholm says that taking up a habit – rather than giving something up – enables a sense of achievement.