Do you give money to parents?

I’m wondering if anyone gives money to their parents regularly. My parents currently at the ages of 60’s have retired ten years ago with very little savings, so I give them CAD$5000 (Canadian dollar) each month. I feel obligated to provide monetary support to them, because it’s my responsibility. My parents spent all their...

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Understand Your Credit Report & Score – Part 1

What is a “Credit Report”? A credit report is a “snapshot” of your credit history. It is one of the main tools lenders use to decide whether or not to give you credit/loan/mortgage. In Canada, your credit history is maintained by at least one of three major credit-reporting agencies: Equifax, TransUnion, and Experian*. *...

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Average Monthly Grocery Bill

I’m wondering…what’s the median monthly grocery bill for anyone living in North America? I guess the expense will vary, depending on where you live. I’m a single guy, and I have noticed I spent almost $200 each month on grocery in the past two years (ie, after I graduated from university). In contrast, I...

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JACKPOT Lotto 649 – how to win and predict numbers

Playing lottery is a quick way to become an instant millionaire. Despite the fact that the chance of winning is very small, you will not win if you do not buy a ticket. However if you buy one, at least you will have a chance, right? All investments carry some degree of risk, and...

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Top Cash Back Credit Cards

Below is a list of Canadian banks and credit unions that offer cashback credit cards. I’ll update this list on an onging basis. CIBC Dividend VISA Card $0 annual fee; interest rate 19.5% Tier one – 0.25% rebate for net annual purchases up to $1,500 Tier two – 0.50% rebate for net annual purchases...

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Best Times to Buy

This article contains a brief summary for best times to buy in North America: airplane tickets appliances gold cars gym membership electronics oil real estate designer clothing& jewelry furniture USD currency   Airplane Tickets Best Time to Buy: At Least 14 Days Before Departure Two week ahead of departure is the minimum to seize...

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Feature Story

How Much Do First Nations Chiefs Make Annually across Canada?

Chief Ron Giesbrecht in BC took home almost $1,000,000 INCOME TAX FREE! His band has a population of only 82!!! Chief Jim Boucher in Alberta claimed an annual salary of...

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Top Financial Stories

How Much Do Tim Hortons Owners Earn Annually?

Tim Hortons store owner pockets each year: $265,558 and more (after tax & interest)!!! In year 2002 for an average Tim Horton's outlet: Gross earning: $1.5Million...

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