Finance

Tipping, in this economy? How tipping culture is evolving

Underscoring locals' ability to enjoy their summer is their ability to tip amid rising inflation. Industry stakeholders say to alleviate the problem, government intervention is needed in one form or another, but one expert says the market may be forced to adapt sooner.

These Stocks Are Safe and Steady: They’re Also on Sale

Fortis (TSX:FTS) stock is the perfect utility to buy and hold before the markets get any more volatile. The post These Stocks Are Safe and Steady: They’re Also on Sale appeared first on The Motley Fool Canada.

Self-made millionaire: I copied these 5 rich people habits to earn my first $1 million

Inspired by his rich basketball coaches, Alan Corey copies their habits to build his own wealth. Now he's a self-made millionaire running his own businesses. Here's how he made his first $1 million.

Russia's Central Bank hikes interest rate as inflation soars

MOSCOW (AP) — Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine.

Walmart Canada gives 40,000 hourly workers pay raise

Walmart says it’s spending $53 million to lift hourly wages for 40,000 of its workers across Canada, effective this month. Anne Gaviola has more on why the big box retail giant’s recent pay raise and hiring spree bucks current labour market trends.

My homeowners insurance dropped me after I filed 2 claims in 5 years, and it taught me 3 lessons I wish I'd learned sooner

Anne-Lyse Wealth says she would have paid of out pocket for a roof repair if she'd known her insurance company would drop her.

Could more interest rate cuts come from Bank of Canada?

In the latest edition of Your Money, personal finance expert Rubina Ahmed-Haq joins Antony Robart to discuss Wednesday's Bank of Canada interest rate cut and the impact it will have on Canadians.

I inherited $15,000 and had fun with it. Then I inherited six figures a few years later and was more strategic — here's what I learned.

Gina Knox inherited the $15,000 left in her college fund when she graduated. Six years later, she received another $113,000 when her grandma died.

Rate cut spells some relief for homeowners

Homeowners with variable rate mortgages, and anyone looking to renew or get into a new mortgage, will likely get a better deal after the Bank of Canada cut its key interest rate on Wednesday, according to personal finance expert Rubina Ahmed-Haq. 'They now have a little more wiggle room ... a little extra money,' she said.

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset

WASHINGTON (AP) — A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do?

A man who 'hopes he runs out of money' before he dies explains why you may not need as much cash to retire as you think

You might need less money than you think, because you won't be able to cover some healthcare costs anyways, and your expenses will decrease with time.

Nova Scotia generated $144M surplus last fiscal year; budget predicted $279M deficit

HALIFAX — As the Nova Scotia government announced it ended the last fiscal year with a surplus of nearly $144 million, opposition parties called for changes to spending practices that allow the governing party to approve extra spending without oversight from the legislature.

Packers QB Jordan Love ties record for NFL's highest-paid player with massive contract

Jordan Love's four-year, $220 million contract extension ties him with Joe Burrow and Trevor Lawrence for the title of the NFL's highest-paid player.

I bought a bigger house, and the buyer's remorse hurts. My family didn't need it, but I still think it'll be worth it.

Sam Dogen had some buyer's remorse after upgrading to a bigger house. Dogen, who retired in 2012, plans to go back to work to afford the new home.

25 Things To Sell When You’re Ready To Retire

Many people downsize in retirement as a way to cut back on expenses and make their lives simpler. For some, this means relocating to a smaller home or a retirement community. For others, this means...

Gen Z Is Crushing It In Real Estate

The housing market is down but that isn't stopping a certain generation of people. Millennials have fallen behind but this is what Gen Z is doing different. 🤝 Got Money or Retirement Savings? Partner with Kris on Deals: https://www.kriskrohn.com/partnering?utm_source=YouTube&utm_medium=Leads&utm_campaign=https://youtu.be/LWm24YbChRA ============================================================ ✅ SUBSCRIBE SUBSCRIBE SUBSCRIBE ✅ https://www.youtube.com/user/REInvestorTV?sub_confirmation=1 ============================================================ 🤝Get a FREE custom Real Estate Game Plan from Kris’ Team https://kriskrohn.com/invest-now 🤝 Got Money or Retirement Savings? Partner with Kris on Deals: https://www.kriskrohn.com/partnering 💰 Get Kris’ FREE REAL ESTATE BOOK on Back-Yard Investing 'Strait Path'💰 https://www.kriskrohn.com/youtubefreebook Enter THE FUTURE of Real Estate Investing with Proferty https://www.kriskrohn.com/myproferty-a Invest In the Things I Invest In. Join My Investor's Club! https://www.kriskrohn.com/investing-yt-a 🤝 Want to learn about Franchises? https://www.kriskrohn.com/startfranchise-yt Free Health Plan with Kris https://www.kriskrohn.com/health-yt 10x Your Business | Business Consultation from Kris https://www.kriskrohn.com/equityconsult Get Kris’ NEW BOOK "HAVE IT ALL" https://www.kriskrohn.com/freehaveitall-yt Get Kris’ New Book: Kris Consortium - How to Earn 25% ROI on Every Deal https://www.kriskrohn.com/freetrackrecord If you can make it in sales, the funds can be used in unexpected ways. Come join my Six Figure Team - https://www.kriskrohn.com/jobs 🎤 Attend one of Kris’ life-changing events https://www.kriskrohn.com/events Get Access to a Super Simple Side Hustle: https://www.kriskrohn.com/7figurehustler-ev Partner on No-Money Deals as one of Kris’ Mavericks http://www.kriskrohn.com/maverick Find the BEST DEALS: https://www.kriskrohn.com/propstream Access Kris’ Real Estate Hotline to get hands-on live coaching http://www.kriskrohn.com/real-estate-hotline Learn Kris’ Lease Option System--FREE Game Plan Consultation http://www.limitlessmentor.com/TV Reach Every Goal–Get Kris’ FREE Limitless Book https://www.kriskrohn.com/limitlessfreebook Best Way to Save Protect Your Money for More Real Estate Deals https://www.kriskrohn.com/insurance Get Our FREE FINANCIAL CALCULATOR to find out When You’ll Retire https://www.kriskrohn.com/freedom-calculator Secure $50K - $250K in business credit for your next deal! http://www.fundandgrow.com/krohnfunding See Everything Kris is up to: http://KrisKrohn.com PS: Save Kris’ phone and text him anytime you have questions: +1 (385) 217-3477 📹 BE ON A KRIS KROHN YOUTUBE EPISODE ================ Record your questions on video, and join me in a future episode: http://bit.ly/2yO78c7 📞 QUESTIONS ABOUT PRODUCTS, CONTACT SUPPORT [email protected] 📲 CONNECT WITH KRIS: ================= Podcast https://www.kriskrohnshow.com Instagram https://www.instagram.com/kriskrohn/ Facebook https://www.facebook.com/MentorwithKris Twitter https://twitter.com/kriskrohnmentor LinkedIn https://www.linkedin.com/in/mentorwithkris Youtube Channel https://www.youtube.com/user/REInvestorTV TikTok https://vm.tiktok.com/HQYU1v/ Blog http://blog.kriskrohn.com Audible http://rdrurl.com/kriskrohnaudible Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms. The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here: https://www.kriskrohn.com/epicdisclosure NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle. DISCLOSURE OF FINANCIAL RELATIONSHIP Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: https://www.kriskrohn.com/epicdisclosure #KrisKrohn #RealEstateInvesting #MoneyMindset

Charlie Munger lived in the same home for 70 years: Rich people who build 'really fancy houses' become 'less happy'

Billionaire Charlie Munger intentionally lived in the same California home for seven decades — making him "happier" and benefitting his children, he said.

Rising costs: 40% of Americans struggle to make ends meet

A significant portion of the American population is experiencing financial stress, as indicated by a... The post Rising costs: 40% of Americans struggle to make ends meet appeared first on The Independent News.

Russia’s economy is struggling from sanctions, western officials say. Here’s why

High inflation, rising interest rates and labour shortages are undermining Moscow's claims of a strong economy, western officials say.

C$ posts longest losing streak in six years as oil falls

By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened for an eighth straight day against its U.S. counterpart on Friday as oil prices fell and after the Bank of Canada cut interest rates further earlier in the week. The loonie was trading 0.1% lower at 1.3835 per U.S. dollar, or 72.28 U.S. cents. Earlier in the session, the currency touched 1.3848, matching the eight-month low that

Billionaire Warren Buffett’s 5 top tips for making your fortune

2 Bargain Stocks You Can Buy Today and Hold Forever

When it comes to bargain hunting, you've come to the right place. These two bargain stocks certainly offer that as well as strong returns! The post 2 Bargain Stocks You Can Buy Today and Hold Forever appeared first on The Motley Fool Canada.

A retiree explains his path to achieve happiness and counter loneliness. It can work at any age and doesn't cost a penny.

Joe Lamy is surviving on Social Security, but his focus isn't on money. It's on the loneliness epidemic, and he thinks he might've found a solution.

Average net worth of Americans by age — see how you compare

Shanghai launches $13.8 billion in funds to boost integrated circuit, biomedicine, AI sectors

BEIJING (Reuters) - China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. The fund for the AI sector will focus on fields including intelligent chips, software, autonomous driving and intelligent robots, Shanghai's government said in a statement. The money will be

2 Dividend Stocks to Double Up on Right Now

After their recent declines, you can consider doubling up on these two top Canadian dividend stocks right now to expect solid returns on your investments in the long run. The post 2 Dividend Stocks to Double Up on Right Now appeared first on The Motley Fool Canada.

Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks

Here's why Canadian retirees can consider holding high dividend clean energy stocks such as Brookfield Renewable and supplement the CPP. The post Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks appeared first on The Motley Fool Canada.

I'm a financial planner, and over 15 years I've seen my wealthiest clients have the same 3 habits

People ask CFP Malik S. Lee for the secret sauce — the commonalities he sees in his wealthiest financial-planning clients that make them successful.

The annual salary you need to earn to be in the top 1% in every US state

Business Matters: Loblaw facing probe over claims customers can’t delete PC Optimum accounts

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts. Anne Gaviola has this story and more in Business Matters for Wednesday July 24, 2024.

Millionaires reveal 8 frugal habits that helped them get rich

How Much Cash Do You Need to Stop Work and Live Off Dividends?

Want to retire early? Here's how much cash you might need to quit work and live off your investment income. The post How Much Cash Do You Need to Stop Work and Live Off Dividends? appeared first on The Motley Fool Canada.

Umicore suspends construction of $2.76B battery materials plant in Ontario

Umicore says it has halted spending on a $2.76-billion battery materials plant in eastern Ontario.

How Much Cash Should You Travel With?

Ever wonder how much money you should take with you when you travel? Here is what we do. Join this channel to get access to perks: https://www.youtube.com/channel/UCFr3sz2t3bDp6Cux08B93KQ/join #travel #budgettravel #travelsafety Copyright Mark Wolters 2023 Learn how to plan your travels like we do with our Travel Planning 101 Course: https://www.brighttrip.com/woltersworld Grab some Wolters World travel gear http://www.woltersworld.store Help Us Keep Make More Honest Travel Videos: https://www.patreon.com/woltersworld Hey There Fellow Travelers! Thank you for watching our honest travel vlogs from all over this wonderful world. If you would like to get in contact with us please follow us & send us a message via our social media channels below. Also, if you like our travel videos please feel free to share them with other fellow travelers. You can find us all over the internet: Travel Advice & Destinations: https://www.youtube.com/woltersworld Food Travel Videos: https://www.youtube.com/woltersworldeats Travel Tips: https://www.youtube.com/woltersworldshorts Business Education: https://www.youtube.com/professorwolters Tiktok: https://www.tiktok.com/@woltersworld Instagram: https://www.instagram.com/woltersworld Jocelyn's Instagram: https://www.instagram.com/jocelynwoltersworld Facebook: https://www.facebook.com/woltersworld Twitter: https://www.twitter.com/woltersworld Linkedin: https://www.linkedin.com/company/wolters-world-travel-culture/

Groceries are expensive, but they don't have to break the bank. Here are some tips to save

NEW YORK (AP) — If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one. Inflation is easing slightly, but grocery prices are still high — up 21% on average since inflation started to surge more than three years ago.

Here's What 15 Things Cost 100 Years Ago

Price check on aisle 1920.

‘Ridiculous’: Singh says punishment for Loblaws price-fixing scheme not enough

NDP Leader Jagmeet Singh called Thursday for tougher punishments for price gouging after it was reported Loblaw had agreed to pay $500 million to settle a class-action lawsuit regarding their bread price-fixing scandal. Singh said it was “ridiculous” that consumers “had to fight in court to get justice.”

5 Canadian Stocks to Buy and Hold Forever in Your TFSA

Are you looking for some Canadian stocks for a long-term investment? These evergreen stocks can help you generate wealth and passive income. The post 5 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.

This U.S. State Is One of the Best Places to Retire for Low Crime, Taxes, and an Affordable Cost of Living

Plus, it is a beloved mountain destination with excellent outdoor recreation.

Inflation is cooling, why are Canadians still so stressed out financially?

Despite significant progress in the Bank of Canada’s efforts to bring annual inflation down, a new survey shows that Canadians are feeling more stressed-out financially than two years ago. Anne Gaviola has more on the cumulative effect of the high cost of living and rapidly-rising interest rates on household budgets.

RRSP: 2 TSX Stocks Still Offering 7% Yields

These top TSX dividend-growth stocks still look cheap and offer great yields for RRSP investors. The post RRSP: 2 TSX Stocks Still Offering 7% Yields appeared first on The Motley Fool Canada.

How Much Do You Need to Earn to Live in a Major U.S. City?

Living in a major metropolitan area doesn’t come cheap. To survive comfortably you’ll need to earn at least six figures, according to a new study. If you’re single, you’ll need to earn at least $96,500 a year before taxes, and two parents supporting two children will need at least $235,000, Knewz.com has learned. The above salaries are required to ...

Insurance Hacks: How to slash your premiums and save big

Sangita Patel reveals top tips to ensure you're not overspending on home and car insurance. Plus find out how even your profession can lead to significant savings.

Turkey's Erdogan announces $30 billion in incentives for high tech areas

ANKARA (Reuters) - Turkey will launch a $5 billion package to boost its annual production of electric vehicles to one million cars, President Tayyip Erdogan said on Friday, adding that Ankara would unveil other incentive packages for high tech areas totalling $30 billion. Erdogan, speaking in Istanbul, said Turkey had paved the way for EV makers to invest in Turkey, namely via China's largest EV

My friends earn more than me – how do I tell them I can’t afford our plans?

My friends earn more than me – how do I tell them I can’t afford our plans? - Would you really judge your friends if they earned less than you?

What's the most expensive home you could afford?

Use this tool to calculate the most expensive home you could buy based on your income and passing the mortgage “stress test."

7 Genius Money Tips From Billionaire Bill Gates

You don't get to be one of the richest people in the world without facing difficulties, then overcoming them. Bill Gates, co-founder of Microsoft, billionaire and one of the world's most generous...

These Are the 9 Most Expensive Cities in the World

If you're thinking about relocating to one of these popular cities, it is definitely going to cost you a pretty penny.

Scotiabank says technical issues disrupting salary payments is fixed

TORONTO — Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday.

‘Deadpool & Wolverine’ is already breaking box office records, with more possible soon

“ Deadpool & Wolverine ” has gotten off to a supercharged start at the box office, breaking the Thursday preview record for an R-rated movie. The comic-book film sold an estimated $38.5 million worth of movie tickets from preview screenings Thursday, Disney said Friday.