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 […]

Make Fall and Winter Clothes Shopping a Lot Less Expensive

November 8, 2017 Tracey Clayton 0

Fall and winter fashion is truly adorable. You can play with different looks and have the possibility to mix and match different pieces however you see fit. Classy, elegant, mysterious, casual, indie, boho and plenty of other styles are very easy to showcase during these seasons. And, of course, the shops are full of attractive designs and pieces that somehow […]

The Easiest Way to Get Started on Investing

September 14, 2017 Jelani Smith 0

Successful investing involves creating an auto system – once you get started, it becomes much easier to manage. Getting started is the hard part… 80% of millennials are not invested in the stock markets. More than 40% believe they don’t have enough money, and 34% said they don’t know how to get started (CNBC). Getting started shouldn’t be as hard […]

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, […]

Robo-Advisors: Investing Shortcut for Millennials

June 24, 2017 Jelani Smith 1

One of the most common personal finance related questions I get is “how do I start investing?” When you think of investing, you may think of stock trading, equity research, and portfolio monitoring. It can be time consuming, especially when you have a full time job and/or studying in school. The solution to this is robo advisors – my favourite […]

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 […]

CRA Direct Deposit: Simplifying Your Tax Returns

April 10, 2017 Jelani Smith 0

Over the past few years, the Canadian Federal government have been encouraging taxpayers to receive government related payments through direct deposits. Government related payments includes tax refunds and GST/HST credits from the Canada Revenue Agency (CRA). Approximately 80% of government related payments are issued by direct deposits. If you haven’t opted to receive your government payments through direct deposit, I […]

15 Ways to Save for a House Downpayment

April 5, 2017 Jelani Smith 0

Heated real estate markets are showing no signs of cooling down – with growing demand, derived from strong job markets, immigration, all time low interest rates, and low supply. In some regions, such as Toronto and Vancouver, house prices have been facing double digit, year over year growth. Despite the circumstances, 82% of non-homeowner Canadian millennials have the intention of […]

The 5 Important RRSP Rules

January 1, 2017 Jelani Smith 0

  January to the end of February is known as the ‘RRSP’ season. There is always a huge rush to make RRSP (Registered Retirement Savings Plan) contributions, especially on the last day. In 2013 alone, Canadians contributed 37.4 billion to their RRSP, according to Statistics Canada (CBC). Regardless of what time of the year it is, you should always keep […]