Wealthsimple offers a free savings account that pays a higher rate of interest than many banks with an investment minimum. Wealthsimple makes money by charging a management fee when you let them invest your savings into ETF portfolios. Getting started with Wealthsimple I first heard of Wealthsimple a couple of years ago; they’ve put out […]
We all learn our money habits from someone. Having a role model early in life–someone who knows how to take care of their money but doesn’t let the practice consume them–can make the difference between a lifetime of great money habits and a long series of financial mishaps. I was lucky. My money hero was […]
It sometimes seems like savers can’t get a break these days, at least not at their local brick and mortar bank. Interest rates have been low for quite some time. And while that might be great news if you’re in the market for a loan, it’s not so great news if you’re looking to squirrel […]
More people than ever are making the transition from working for an employer to working freelance. The 5th Annual “Freelancing in America Study” estimates 56.7 million Americans freelance. That’s an increase of 3.7 million people in five years. People who decide on a freelance career cite various reasons for doing so. They mention everything from […]
First off, I want to set something straight. I do have money in speculative stocks. I don’t believe I can properly inform and educate someone unless I have experiences specific to that topic. I wouldn’t attempt to teach you about time travel because I haven’t done it and have no experience with it — but […]
When I say ‘one percent’ out loud, it really doesn’t sound like a lot. The most common experience people have with 1% making a difference in their life is probably when it comes to their GPA, the difference between letter grades. In most other cases 1% doesn’t sound like a lot. To me a 1% […]
Work for money, save some of that money, invest your savings to then make money. The instructions themselves are straightforward and clear as to the outcome, use your savings to make money. But going from Point-A to Point-B isn’t very clear or as easy to interpret without more information and guidance. The best thing to […]