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Going Cashless

Imagine a world without coins or banknotes; a world where every transaction you make is carried out using your credit card, or even your smartphone. Around the world, cash is being used less and less compared to electronic transactions, and Canadians are among the leaders in this shift in the global economy. According to a 2013 study by MasterCard Canada , Canada is moving towards a cashless economy, behind only …

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Should You Declare Bankruptcy?

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When your other debt management options are exhausted, it might be time to declare bankruptcy. When the debt collectors are after you and you can’t make your payments, even with sensible financial planning, bankruptcy can wipe your slate clean.

Your debts will be forgiven, your credit history would be completely wiped out, and your creditors will be required to stop contacting you. On the other hand, bankruptcy has significant costs, …

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Eating On A Budget

This article is part of our Finance Hub.

Food is almost always going to be one of the bigger expenses in your budget , especially if you have a large family to feed. This guide will teach you how to manage your food budget and make your dollar go further.

Budgeting

Knowledge is power. If you don’t know how much you’re spending on food, it will be difficult to …

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Fitness, the Frugal Way

Gyms

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The health benefits of regular exercise are priceless, but that doesn’t mean that you have to spend a lot of money on staying fit. The average gym membership in Canada costs between $40 and $50 each month, and that doesn’t include common additional charges such as joining fees. If you want classes or a personal trainer, those costs can add up to hundreds of your hard-earned dollars each month. …

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Using Your Credit Card Responsibly

This article is part of our Finance Hub.

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Credit cards are useful, but they’re also dangerous. Their convenience makes it very easy to pile up debt, debt which will accumulate interest quickly and ruin your finances. This guide will teach you how to use your credit card responsibly, enjoying the benefits of credit card use while avoiding the risks.

Life Without Credit Cards

If credit cards are risky, why …

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Protecting Yourself From Fraud

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Every year, Canadians lose millions of dollars in credit and debit card fraud. 2013 saw $29.5 million in debit card fraud alone. However, it only takes a few simple precautions to reduce your risk of fraud. In this article, we’ll show you how to protect yourself from such fraudulent activities.

Protect Your Card Details

Be careful when you’re using ATMs and PIN machines, because this is where thieves tend to …

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