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Top 10 Personal Finance Books Of All Time

Top Personal Finance Books

Summer’s coming and what better way for us to populate our reading list than to sprinkle it with some timeless personal finance classics. While each of these books has their own approach to wealth maximization, they will all leave you with strategies to keep more money in your wallet and avoid the pitfalls of wealth destruction. 10. Rich Dad Poor ... Read More »

P.F. Chang’s Latest To Have Credit Card Data Stolen

credit card fraud

P.F. Cang’s, which has over 204 locations, including 3 in Canada, has confirmed that there was a data security breach resulting in credit card and debit card information being stolen from cards used at its restaurants. To plug the whole, P.F. Chang’s has stopped accepting credit cards electronically, until it resolves the security breach. At present they are imprinting cards ... Read More »

Hidden Credit Card Perks That Can Save You $100’s

Hidden Credit Card benefits

  Most of us are aware of the risks of using credit cards beyond our means. It’s critical to avoid accumulating debt beyond your ability to repay. However, used responsibly, there are several advantages to using credit cards, over debit or cash, many people simply aren’t aware of when making their purchases. 1. Price Protection (Refund a Price Drop):  Ever ... Read More »

Scotiabanks Buys 20% Stake in Canadian Tire Financial Services

canadian tire scotia 20% partnership

TORONTO, ON–(Marketwired – May 08, 2014) – Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) and Scotiabank (TSX: BNS) (NYSE: BNS) today announced a far-reaching strategic partnership that creates unprecedented opportunities for joint marketing to drive new business growth. The agreement will see Scotiabank acquire a 20% equity interest in Canadian Tire’s financial services business for $500 million in cash. Scotiabank will also provide a funding commitment to Canadian ... Read More »

I’m New To Canada – Tips To Build Your Credit History Fast

Establish Credit History and Credit Score in Canada for new immigrants

If you’re one of the 250,000 people who immigrated to Canada this year, welcome! Aside from acclimating yourself to a new country, home, and job, you’ll also quickly realize the benefits of building a credit history with a strong credit score. Whether you’re looking to lease a car, buy a home, get a cell phone, or get a credit card, ... Read More »

New Regulations of Canadian Pre-Paid Debit Cards Announced

pre-paid debit cards

Joe Oliver, Minister of Finance, will be announcing new regulations of Canadian pre-paid debit cards today. The new regulations, which come into effect today, Wednesday April 30, will require all fees for prepaid card to be disclosed on an information box on the cards packaging. In addition, issuers of pre-paid cards will no longer be allowed to attach an expiry date ... Read More »

5 Tips To Get The Most Out of Your Credit Cards

Canadian credit cards

1. Get the Float There are two ways to play the float game. You can transfer cash from your credit card account to your checking account, called a money transfer. You can then invest that money, and place it in a high yield savings account. If you’d earn a rate of return of 6% (equity investment), and transferred $7,500 from ... Read More »

A Diamond in The Rough: The No-Fee 5% Smart Cash Credit Card

MBNA Smart Cash

The new MBNA Smart Cash credit card, from TD, just got better. With its new Smart Cash World card, it offers the highest cash rewards on ALL purchases in Canada with no annual fee: earn 5% cash back on gas & groceries for the first 6 months, 2% thereafter and 1% everywhere else! We compared the cash back savings of ... Read More »