The Canadian Money Magazine

By Big Cajun Man | Some of the better places to find information about Personal Finance in Canada (and the world)

Laid Off at Age 47

Subscribe and download at iTunes or using the Stitcher app, or subscribe via our rss feed or download directly, or listen now:<p>How One Man Survived a …

Employment

Weekend Reading – Share buybacks vs. dividends, time and money, easy roads and more #money stuff

Always lots going on in our world of late…lots of areas that need our focus and support. A reminder if you haven’t donated yet or want to donate to …

Money

IBM contract for Phoenix payroll system soared in cost while failures mounted

'IBM basically has an open bag of money to help themselves,' procurement expert says<p>The massive 1,700-page IBM Phoenix contract obtained by CBC News …

Government

What We Need on Credit Card Statements

The most prominent parts of my credit card statements are two numbers: my money-back rewards for the current month and the total rewards I’ve …

Personal Finance

Three Investment Credo from the Past - Canadian Personal Finance Blog

When I started investing there were a few simple rules that were told to me, and they still ring true to me. These three investment credo used to be …

Investing

Proposed Changes to the Voluntary Disclosures Program (VDP)

Most people are aware of the Canada Revenue Agency’s Voluntary Disclosures Program, or VDP. This program gives taxpayers the opportunity to make …

Determine

The Wealthy Renter

It seems that everyone wants you to buy a house: your parents, real estate firms, mortgage brokers, and even the government. Alex Avery decided to …

Housing

Summers end, Taxes, Doomsday Insurance, Uber and #MoneyTalk - Canadian Personal Finance Blog

Tax discussions continue in the media with both sides of the argument claiming the other is misleading the public (on the usage of incorporation for …

Microblogging

Federal Trade Commission probes Equifax hack, shares tumble

WASHINGTON (Reuters) - The Federal Trade Commission said on Thursday it has opened an investigation into the massive data breach at Equifax Inc (EFX.N), in a rare public disclosure that sent shares tumbling to their lowest in more than two years.<p>"The FTC typically does not comment on ongoing …

Identity Theft

Pay Day Loans are Crack Cocaine of Personal Finances - Canadian Personal Finance Blog

<b>I said it! I meant it!</b> Pay Day Loans are predatory short term, high interest rate loans designed to entrap their customers in a financial death …

Money

Tax Planning Using Private Corporations - A Philosophical and Critical Review

I am back from my summer break. Today, I comment on the Liberal tax proposals put forth in July, in respect of the taxation of private corporations. …

Retirement

Rates Up Trend, Summer Holidays, High Gas and #Moneytalk - Canadian Personal Finance Blog

Holy cow, interest rates went up another ¼ point this week, and the media is wetting itself. Surely it is time to panic? Not yet, but a single jump …

Microblogging

What the Hustler Taught Me About Banking

Tweet One of my favorite movies is “<b>The Hustler</b>” (the original with Paul Newman and Jackie Gleason). Mr. Newman played “Fast Eddie” Felson an up and …

Acadiana

Canada's Big 5 Banks All Raise Interest Rates By The Same Amount

Canada's big five banks all raised their interest rates Thursday, following the Bank of Canada (BoC)'s hike to the key lending rate to one per cent a …

Mortgages

Big Cajun Vacation Tips - Canadian Personal Finance Blog

We have returned from our annual Cajun Family Vacation, and this year we learned a few valuable things about planning ahead. Here we give you (with …

Acadiana

Protecting yourself if interest rates rise

Consumer Alert<p>How a rise in interest rates affects you<p>A rise in interest rates can cost you more to borrow money.<p>When interest rates rise, your loan …

When Getting Another Loan Isn’t a Good Idea

Life today is expensive. Many people find themselves without enough money to cover their living expenses. With the increasing cost of housing, …

Money

If I put $1000 a year away for my kids - Canadian Personal Finance Blog

<i>Another blast from the past, remember the numbers may be incorrect, and you should put in $1250 now (given the limit is now $2500 per year)</i><p>Let’s do a …

Personal Finance

University Cost How Much ? - Canadian Personal Finance Blog

Back in 2005, long before my oldest was going to start University I wrote University is Going to Cost How Much? Outlining from an article from the …

Money

The Duties of an Executor

This summer I am posting the "best of" The Blunt Bean Counter blog while I work on my golf game. Today, I am re-posting a blog post from April 2011, …

Retirement

Pensions and Spousal RRSPs - Canadian Personal Finance Blog

When I started writing I wrote many paragraphs on the importance of <b>Spousal RRSPs</b>, to enable being in a lower tax bracket when you retire. A problem …

Retirement

The 19 Questions to Ask Your Financial Adviser

Posted by jasonzweig on Aug 31, 2017 in Articles & Advice, Blog, Columns, Featured |<p><b>Image Credit: Christophe Vorlet</b> <b></b><p>By Jason Zweig | Aug. 25, 2017 …

Finance

The Problem With Core And Explore

A core and explore investing approach can give you a taste of both passive and active strategies. The idea being that you put 90 percent of your …

Investing

60: John De Goey discusses "Professional Financial Advisors" - MOSTLY MONEY with Preet Banerjee

All Episodes<p>iTunes<br>• RSS Feed<p>MOSTLY MONEY with Preet Banerjee<p>60: John De Goey discusses "Professional Financial Advisors"<p>August 27, 2017 Preet …

Finance

Back to Skule Dude... - Canadian Personal Finance Blog

Given the late date of Labour day this year, school (aka Skule) starts a little earlier than usual (on September the 1st) and thus it means back to …

Money

What Causes Mortgage Defaults?

Recently, Rob Carrick interviewed Rick Lunny from the Melrose Management Group to discuss mortgage defaults. Lunny explained that the main reason …

Mortgages

Job Hunting Hints: Dress for a Job Fair - Canadian Personal Finance Blog

Not a Day at The Beach! For a while I was thinking that I might actually start a blog about the job hunting tips I learned whilst I was unemployed, …

Employment

How to Save $2,940 a Year on Lunch

Shares 71<p>“I can’t cook!”<br>“I don’t have time.”<br>“Buying lunch tastes better.”<p>Bite me.<p>The excuses for not bringing a lunch to work are common, but here’s …

Eating

Are you Selfish with your Money and Advice?

I think it is commonly accepted that most people do not like to discuss money matters. In fact, I have posted on several taboo money topics ranging …

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