Personal Finance

How to Earn Big TFSA Income to Set Yourself Up for Retirement

With the right moves, a TFSA can bring in incredible income for retirement -- or even in just the next three years! The post How to Earn Big TFSA Income to Set Yourself Up for Retirement appeared first on The Motley Fool Canada.

You can buy a European house for just €1 – here’s how the scheme works

Top 10 airlines for the cheapest business class flights

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

UBC study on break-even point for owning EVs

If you're wondering whether the gas savings are worth the extra money you'd spend on an EV, a new UBC study has some answers for you. Rumina Daya reports.

Do Ottawa's proposed capital gains tax changes affect inherited properties?

Tax experts and lawyers explain to CBC how capital gains works on property transfers, including what happens with inheritances and how the value of those properties is determined.

How Much Cash Do You Need to Stop Work and Live Off Dividends?

Want to retire early? Here's how much cash you might need to quit work and live off your investment income. The post How Much Cash Do You Need to Stop Work and Live Off Dividends? appeared first on The Motley Fool Canada.

If Congress passes funding, this is how the US could rush weapons to Ukraine for its war with Russia

WASHINGTON (AP) — The Pentagon could get weapons moving to Ukraine within days if Congress passes a long-delayed aid bill. That's because it has a network of storage sites in the U.S. and Europe that already hold the ammunition and air defense components that Kyiv desperately needs. Moving fast is critical, CIA Director Bill Burns said Thursday, wa...

Our top 5 Amazon deals of the week

Looking to shop great deals? Here are our favourite deal items up for grabs this week on Amazon. Save big on Shapermint, Lefant and more coveted brand items.

Tax tips for college students and their parents

NEW YORK (AP) — There are lots of things college students and their parents should keep in mind before filing their taxes, and while tax pros say it’s great for college students to start filing their own forms, parents and students should double check everything carefully before anyone pushes the “submit” button. Be clear on who is a dependent For ...

Here’s the Average CPP Benefit at Age 60, 65 and 70

The CPP payout is not enough to support a comfortable life for most retirees. You need to supplement the CPP with other income streams, such as dividends. The post Here’s the Average CPP Benefit at Age 60, 65 and 70 appeared first on The Motley Fool Canada.

5 expert tips to declutter your closet (plus hanging hacks!)

Are you dealing with closet chaos? Cleaning expert Melissa Maker helps us figure out how to declutter our closets and keep them that way with these five simple tips.

Crypto fans count down to bitcoin's 'halving'

By Elizabeth Howcroft LONDON (Reuters) - Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created. The halving, which happens roughly every four years, was written into Bitcoin's code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the

US sanctions Lehava leader, fundraisers for violent settlers

The sanctions come the same day that similar measures were taken by the European Union Council, which sanctioned four individuals and two entities including Lehava.

A Week In Los Angeles, CA On A $162,000 Joint Salary

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar. This week: a project analyst who makes $70,000 per year and spends some of her money this week on repairing a leaking pipe. Occupation: Project analystIndustry: TelecommunicationsAge: 29Location: Los Angeles, CASalary: $70,000. My...

UK’s happiest work industries revealed – see if your job is on the list

Live Nation could face lawsuit from U.S. Justice Department

The U.S. Justice Department will reportedly file an anti-trust lawsuit against entertainment giant, Live Nation. Erica Natividad with the details and how the outcome could impact Canada.

Bitcoin slides below $60,000 on reports Israel strikes Iran

(Reuters) - Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran. Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895. Israeli missiles hit a site in Iran, ABC News reported,

Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

(Reuters) - Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles have hit a site in Iran. Iran's Fars news agency said explosions were heard at an airport in the Iranian city of Isfahan but the cause was not immediately known. Several flights were diverted over Iranian airspace, CNN reported. Israel had said it was going to retaliate against Iran after the

Business Matters: Federal budget 2024 brings changes to banking fees

The Liberals' 2024 federal budget includes several measures affecting the banking sector, such as cracking down on junk fees and working toward a framework for open banking. Kyle Benning has the details in Business Matters for Tuesday, April 17, 2024.

Biggest mistakes that could tarnish, or even tank, your credit rating

Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own. “Credit is a highly valuable asset,” says Ed Rempel, a fee-for-service financial planner, tax accountant and author of the blog Unconventional Wisdom. “In fact, it is your main asset until you can build up other in...

Stocks rattled, Treasuries rally after Israel attacks Iran

By Huw Jones LONDON (Reuters) -Global shares eased, oil prices surged and U.S. bond yields fell on Friday after reports that Israel attacked Iran, in the latest reminder of how the Middle East tinderbox is casting a growing shadow over markets. Israel's attack on Iranian soil was the latest tit-for-tat exchange between the two arch foes, sending safe haven currencies such as the yen and Swiss

Federal budget 2024: Liberals failed to tackle 'corporate greed,' Singh says

NDP Leader Jagmeet Singh expressed disappointment in the federal government's 2024 budget, saying the Liberals "ignored the opportunity to take on corporate greed." Mercedes Stephenson breaks down Singh's comments on the budget, and whether they could hint at the NDP voting against it.

Average US annual salary by age revealed – see how you compare

Invest $500 Each Month to Create a Passive Income of $266 in 2024

Regular monthly investments of $500 in the iShares Core MSCI Canadian Quality Dividend Index ETF (TSX:XDIV), starting right now in 2024, could create annual passive income streams of $266 or more. The post Invest $500 Each Month to Create a Passive Income of $266 in 2024 appeared first on The Motley Fool Canada.

Her landlord sold her apartment. Her new unit is the same size — and $700 more a month

CBC News asked renters in Toronto's Liberty Village what they think of renting in Canada's biggest city.

Here’s the Average Retirement Income for Canadians: How Do You Rate?

If you're worried about how much you'll earn in retirement, increase your income by investing in an ETF like this one. The post Here’s the Average Retirement Income for Canadians: How Do You Rate? appeared first on The Motley Fool Canada.

Super Organized People Love These 10 Products

We’re always looking for the magic solution that will get us organized but as anyone who’s ever spent a small fortune at Ban.do knows, finding the perfect planner isn’t going to alter our personality or our proclivity for procrastination. That’s why Clare Kumar, a productivity coach and professional organizer who takes an inclusive approach to her work, advises her clients to “tune in before you lean in.” Kumar says the best way to work varies...

What's cheaper, EV or gas? This scholar crunched the numbers

Where you live and how much you drive each day matters when it comes to the cost-effectiveness of an electric vehicle, compared to gas. to A new UBC study crunches the numbers.

Here are some changes to expect when filing your 2023 taxes

Feb. 19 is the first day you can file your taxes online and there are some key changes that will affect the tax filings of many people in Canada.

Top 6 US industries where you can earn the most money

Moving jobs this often helps you climb the career ladder and earn more money

Worsening US debt outlook seen more in gold and bitcoin than in bonds

(Reuters) - Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country's fiscal path, market observers say. The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget

Millennial Money: I saved $800 in 5 months by eating more plants

I tried going vegetarian once when I was in high school. My best friend was a vegetarian, and I was curious. I lasted only about four days. My downfall: a buffalo chicken sandwich. Since that ill-fated attempt, I’ve never tried to curb my meat consumption. It’s just too dang tasty. But in 2022, a family member was diagnosed with a life-threatening ...

9 rules to be a truly happy and successful woman

Many women aspire to discover how to become happy and successful. It turns out there are 9 rules that can be considered principles of a self-satisfied and fulfilled life, according to Hack Spirit. Successful and happy women respect themselves and know their worth. Strong and successful women will not settle for anything they don't like. There's no ...

Carbon rebate labelling on bank deposits is fuelling confusion

Canada’s Environment Minister Steven Guilbeault says banks that refuse to identify the carbon rebate by name when doing direct deposits are creating confusion, and he’s willing to change the law to force them comply. Anne Gaviola has more in Business Matters for Friday, April 19.

Shmyhal: Both major US parties support aid package for Ukraine

Prime Minister Denys Shmyhal said at the close of a visit to the United States that he received "assurances of support" for the proposed military aid package to Ukraine from both Democrats and Republicans in Congress. Shmyhal visited Washington on April 17 to hold talks with U.S. business leaders and government officials regarding ongoing U.S. aid ...

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

Business Report: New Swift album already setting records

Taylor Swift's new album is already setting streaming records. Plus, Tesla recalls the Cybertruck and a halving event is coming for Bitcoin miners. Business Editor Ari Rabinovitch explains.

Rise & fall of the bargain-priced roadster

Going topless used to be cheap and often cheerful. We trace the history of the boom and the bust

What to do if you wake up at night and can't get back to sleep, according to expert

Getting a decent night's sleep is important for our health, but a lot of us don't get the recommended eight hours. Three-quarters of Brits get less than eight hours of sleep, while one in six get by on less than six hours each night, according to YouGov. Meanwhile across the pond, over 17 per cent of adults had trouble staying asleep most days or e...

Psychologist explained how to maintain passion in long-term relationships

At the beginning of a relationship, there is a passionate stage for every couple when you simply can't get enough of each other. However, with time, this fades, and many couples encounter a loss of interest. What can help maintain passion in relationships, according to psychologist Dmytro Ostapenko. How to keep passion alive in long-term relationsh...

How the 1949 Ford saved the company

As Ford gears up for a huge launch of its all-electric F-150 Lightning, we turn the clock back over 70 years to a car that saved the company

Disability expert resigns from federal advisory group over benefit program

OTTAWA — One of Canada's leading disability scholars is quitting a federal advisory board, saying the government failed to properly fund the disability benefit. Michael Prince, a professor of social policy at the University of Victoria, says he's deeply disappointed with the Canada Disability Benefit. He's resigning from Disabilities Minister Kamal...

These autistic kids denied up to $800 a month because of IQ requirements

While Nova Scotia's Direct Family Support for Children program is meant to provide financial aid to families of kids with disabilities, many kids with autism are being denied the funding because they don't meet the province's definition of an intellectual disability. Celina Aalders reports.

The price of gas is up. Here's why it could remain that way for some time

Many people are expressing surprise after a jump in gas prices. CBC's Tyler Cheese has more on what’s driving the increase and why one industry analyst believes they'll remain high for months.

Federal budget gets mixed reaction in Alberta

The federal government has tabled its budget and as Adam MacVicar reports, reaction is mixed by both provincial and municipal leaders.

6 thoughts and actions that only amplify anxiety and worry

Not to worry and be nervous is absolutely normal, albeit very unpleasant. But sometimes anxiety and concern can be so toxic that it hinders one's ability to carry on with daily activities. Our habits and thoughts can exacerbate the situation. Huffpost shares habits that intensify our anxiety and worry. Black-and-white thinking It is also known as "...

Who's behind Ontario's above guideline rent increases

A CBC data analysis looks into which corporate landlords applied most often to raise rents above provincial rent control guidelines in 2022.

Trump faces a Sandoval hearing in his New York hush money trial. Here’s what to know

Trump faces a Sandoval hearing in his New York hush money trial. Here’s what to know - Donald Trump will learn the scope of questions he could face from Manhattan prosecutors during cross-examination if he does choose to take the stand to testify in his first criminal trial