RRSPs vs. TFSAs: The Differences

November 26, 2017 Ratehub 0

By Ratehub.ca Over the decades, Ottawa has introduced various incentives to help Canadians save for their retirement: RRSPs and TFSAs. That’s in addition to the Canada Pension Plan and whatever employer options a person might have. The most popular registered savings account is the TFSA. According to Statistics Canada, 40.4% of Canadian households contributed to a TFSA in 2015 (the […]

What Mobile Payment Options Are Available to Canadians?

November 10, 2017 Ratehub 0

By Ratehub.ca Mobile payments in Canada is still relatively new, but things have started to pick up as of late. According to a recent study from Moneris, a Canadian credit card payment processor, there was a 36% increase in use of contactless payments in Canada compared to last year. The study also found that Canadians are spending more with a […]

How Long Does It Take to Save $1 Million?

September 10, 2017 Ratehub 0

By Ratehub.ca The Barenaked Ladies famously sang “If I Had $1,000,000,” in which they talked about all the things they would buy with that kind of money. Perhaps a more interesting question is, just how do you get to $1 million in the first place, aside, of course, from winning the lottery? There are a few key variables to consider, […]

How to Maximize Your Earnings as a Young Professional

June 12, 2017 Ratehub 0

As a young professional, you have many competing priorities and lead a relatively busy life. Between working hard to get ahead, unwinding over the weekend and various social and networking events, it seems like you never have enough time in the day. With this reality, how can you maximize your earnings without having to take on a part time job […]

How to Supercharge Your Income

May 8, 2017 Ratehub 0

By RateHub.ca If your budget is feeling tight, you might be looking for ways to increase your income quickly. Below are a few ways to put extra money in your pocket by capitalizing on your talents and smarts without putting in any overtime at your job. Start a side hustle. Practically a rite of passage for millennials, a side hustle […]

Cash Back vs. Travel Rewards: Choosing the Best Credit Card for You

March 21, 2017 Ratehub 0

By RateHub.ca When it comes to maximizing your spending, you can’t go wrong with a rewards credit card. There are two main types of rewards credit cards: cash-back credit cards and travel rewards credit cards. Both help you get the most bang for your buck, but each works best in different situations. The best travel rewards credit cards accumulate points […]

Are Credit Cards Worth the Annual Fee?

January 10, 2017 Ratehub 0

By RateHub.ca Credit cards come in all different shapes and sizes. From cash-back to travel rewards, there’s a card with the rewards to suit every need. Regardless of the rewards offered, credit cards generally fall into two categories: cards with no annual fee, and cards with an annual fee. Choosing a card that best aligns with your spending habits is […]

5 Ways to Maximize Credit Card Rewards

September 14, 2016 Ratehub 0

Credit cards offer a number of benefits when used responsibly. Not only can they help you with your day-to-day expenses and build your credit history, a rewards credit card can provide a number of perks that can help you with major purchases, savings goals, or travel. But how do you ensure you’re getting the most out of your rewards credit […]