You’ve probably heard this sentence before: “The first million is the hardest.” I received an email about this not too long ago. “I’ve been following you since about 2019 and listening to most of the podcasts. I’ve heard that the first million in net worth is always the hardest. My wife and I are both […]
In this My MoneySense column, Bosch talks about the financial lessons that shaped her journey, from the power of cash flow and strategic debt to the value of investing in herself and trusting her instincts. She shares how her approach to money is guided by curiosity, purpose and long-term thinking, offering practical insights for founders […]
Joanna first appeared on Dragons’ Den in season 9, where she made a deal with Jim Treliving. In 2022 they sold a majority stake in Knix for $410 million CAD– the largest publicly disclosed sale of a private direct-to-consumer brand by a female founder in Canadian history. She retained a 20% stake and remains president […]
What is the scanner price accuracy code? The code is a voluntary policy introduced in 2002 to provide shoppers – in certain circumstances – with redress if they have been wrongly charged. Also called the Scanning Code of Practice, it is supported by three industry groups: the Retail Council of Canada, the Canadian Federation of […]
That could change soon, says Chadwick Westlake, who became CEO of EQ Bank last August and announced a transformational, potentially career-defining deal to buy PC Financial in December. “We will be a household name by the end of this year,” he said. By purchasing the PC Mastercard portfolio and PC Money accounts, and at the […]
As younger Canadians continue to face high housing costs, slowing wage growth and other challenges, age-old financial adages have become outdated, necessitating a rethink of what smart money management looks like today. Here are some general money management rules of thumb that financial advisors say need to be reexamined. Housing should only take up a […]
Young people face many of the same workplace challenges as older workers, plus some additional challenges, such as limited work experience. Yet they have one big advantage: time. Young people have more years to save and invest. If you’re Gen Z trying to improve your financial future in a shaky economy, starting now can make […]
This guide breaks down which daily spending categories deliver the best rewards, how to choose a rewards program that suits your needs, and practical tips to help you build credit faster while keeping more money in your pocket. Daily spending categories that deliver the best rewards If you’re new to Canada, chances are you’re already […]
With a little know-how and a clear points strategy, you can get more out of your daily spend. If you’re new to credit card rewards, don’t worry. We’ll guide you through the smartest ways to redeem your points and highlight common mistakes to avoid so you can maximize your efforts. TL; DR🧳 Travel rewards? Save […]
Here’s a question I’ve been asked before: “I know you’ve recommended that attending physicians should spend about 20% of their gross income on retirement. My husband and I have found this very difficult, both early on and now that we’re halfway through our careers. I’m a little embarrassed to say this, but I don’t see […]