Autos

Frugal postgraduate reveals how she's paying off $166k of debt in 5 years

Brooke Eichenbaum, 29, is living frugally to pay off $166k in debt, including $137k in student loans and $29k in a car loan. Since graduating with a physical therapy degree, Brooke has cut costs by cooking 99% of her meals, avoiding new clothes, and opting for low-cost activities. She earns $5,500 a month, putting $2,000 toward her student loan and $500 toward her car. After three years, she has reduced her debt to $80k. Brooke’s tips for others: cook at home, avoid new clothes, plan free activities, and track spending. She hopes her story inspires others to take control of their finances.

With rates on pause and 1.2 million mortgages up for renewal, now’s the time to act — here are 10 critical moves to protect your home and your financial future in 2025

How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners can take to prepare

The First Country to use Bitcoin as Legal Tender

The First Country to use Bitcoin as Legal Tender

‘It’s not taxed at all’: Warren Buffett shares the 'best investment' you can make when battling inflation — and it doesn't have to cost you a dime

Buffett likes high-quality businesses with low capital needs but, even better, are investments that don't cost you a dime. Here are two strategies straight from Buffett's playbook

Who Were the Richest People in History

From ancient emperors with vaults of gold to oil tycoons and tech moguls, this is the story of history’s richest individuals. We trace their rise, their wealth, and just how much power money really gave them.

TD Bank vs. Royal Bank: How I’d Invest $15,000 Between Canada’s Banking Leaders

In the battle of the top bank stocks, which one comes out on top? The post TD Bank vs. Royal Bank: How I’d Invest $15,000 Between Canada’s Banking Leaders appeared first on The Motley Fool Canada.

15 Things Broke People Always Seem to Spend Money on

In today’s consumer-driven society, it may seem paradoxical that those with limited financial resources often find themselves parting with their hard-earned money. Despite constraints, certain expenditures become habitual, revealing underlying patterns and priorities. This article explores 15 common items and services that broke people frequently spend on, shedding light on the motivations behind these choices and their impact on their financial well-being.

The world's 20 wealthiest cities in Canada and around the world

Discover the cities with the most millionaires and billionaires, and see why some of them are losing their super-rich residents at an alarming rate...

27 Hidden Canadian Taxes That Are Draining Your Paycheque

Canada is known for its high quality of life, but it comes at a cost—taxes. While some taxes, such as

14 Signs You’re Ready to Retire Early—And 6 Signs You’re Not

The true cost of raising a child revealed — and how much to save for each age

How does Canada's huge debt burden compare with other countries?

How much does your home country spend on its national debt? Discover how much debt repayments cost 25 selected countries around the world, from Argentina to America.

13 Costco Canada Products That Easily Pay for Your Membership

A Costco membership comes with a price tag, but some products make it well worth the cost. This video highlights 13 items available in Costco Canada that offer such great value, they practically pay for your membership. If you love smart shopping, this list is a must-see.

I landed the best paying job I’ve ever had, I had good credit and everything was falling into place, but then I made a major financial mistake. Now what?

Many people get complacent and make major financial mistakes under the assumption that their stable job and solid credit will always protect them. We look at how to get on the road from ruin to recovery.

Micro Cap Lands Key U.S. Marine Corps Order, Shares Surge 20%

It’s always significant when a micro-cap company with a $5 million market cap secures a crucial test order from a buyer like the U.S. Marine Corps. This opportunity could not only lead to additional sales within the Marine Corps but also open doors to other U.S. federal agencies, potentially driving much higher revenue in the coming quarters — explaining the initial excitement among the company’s shareholders.

Tax refunds are arriving and Gen Z are the most likely to invest it: survey

A new survey from TD Bank found Gen Z are the most likely Canadians to invest their tax refunds once received, but also may be unclear on how some savings accounts work.

Top Canadian Value Stock I’d Consider During This Buying Opportunity

Are you looking to put some cash to work during this downturn? Here are two TSX stocks to have on your radar. The post Top Canadian Value Stock I’d Consider During This Buying Opportunity appeared first on The Motley Fool Canada.

Quebec's failed auto insurance digital shift could cost $500M, inquiry hears

MONTREAL — A public inquiry examining a failed digital shift by Quebec's automobile insurance board heard Monday it could end up costing the province nearly half a billion dollars more than initially planned.

Airbus finalizes long-awaited Spirit Aero deal

(Reuters) -Europe's Airbus has finalized an agreement to take some assets from Spirit AeroSystems, both companies said late on Sunday, completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing. The U.S. planemaker agreed last year to buy back the aerosructures giant it spun off two decades ago for $4.7 billion in stock, while Airbus moved to take on

All 50 US states ranked by how much you need to earn to afford a home

Meet the ruthless 'Robber Barons' who ruled the Gilded Age

Discover the real-life stories of the wealthy socialites and power-players who influenced The Gilded Age TV series.

On the Brink: Ontario woman mastering the art of coupons to fight inflation

As economic uncertainty fuels volatile grocery prices, Canadians may be left feeling like their dollar is falling short. This is where Kathleen Cassidy comes to help.

I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you'll need to make these 3 big sacrifices

It may be tight, but it is doable

Mortgages, maintenance and property taxes: How much does it really cost to own a home?

Jessica Moorhouse, author and host of the More Money podcast, says that the down payment and monthly mortgage payments are just the tip of the iceberg when it comes to the cost of owning a home. She tells BC Today host Michelle Eliot that maintenance costs and property taxes could add up to thousands of dollars. She advises homeowners to set aside a home emergency fund to maintain their homes.

11 Financial Decisions You’ll Regret in 10 Years

Ranked: the world's 20 highest-paid actors

From Brad Pitt to Dwayne Johnson, discover which movie star earned the most in 2024.

First time buyers explain how they got on the property ladder

Carney? Poilievre? Singh? In advance of the 2025 election, here's how to invest in Canada based on party leader

How tariffs, geopolitics and party politics are driving a “Buy Canada” boom — and where your money might go further at home

The Wealthiest Rock Legends Ever (Ranked)

Mansions in Malibu don't pay for themselves. Behind every legendary guitar solo and stadium anthem sits a financial portfolio that might surprise you. After all, these remarkable performers built empires beyond their chart-topping hits.

The Top-Paying Jobs in America: Careers That Bring in the Big Bucks

The Top-Paying Jobs in America: Careers That Bring in the Big Bucks

30 Months Ago, Elon Musk Spent 41.8 Billion Euros on Twitter. Today, After 874 Days, He Finally Gets His First Satisfaction with X

After nearly two and a half years of turbulence, Elon Musk has finally seen a sign of success with X, the social media platform formerly known as Twitter. On March 20, 2025, the platform’s valuation reached €41.8 billion, the same amount Musk paid for it in October 2022. While this marks a symbolic milestone, it has taken Musk 874 days to get to th...

24 Modern Careers Making Bank (But Mom Still Disapproves)

Invest $10,000 in These 2 Dividend Kings for $424 in Annual Income

These two time-tested TSX giants not only deliver steady dividends but also offer resilience for long-term investors seeking stability. The post Invest $10,000 in These 2 Dividend Kings for $424 in Annual Income appeared first on The Motley Fool Canada.

The 13 Highest-Paid Figures in Formula 1 Off the Track

In Formula 1, the spotlight often shines brightest on the drivers, but the real foundations of success are built behind the scenes. Team principals, technical directors, and elite engineers play vital roles in crafting championship-winning teams — and their salaries reflect just how crucial they are. As competition intensifies on and off the track, these highly paid masterminds are driving innovation, performance, and strategy at the highest level. Here’s a look at the 13 highest-paid non-drivers in Formula 1 today — the brains and leaders powering the sport’s relentless pursuit of glory.

Should Canadian retirees own or rent their home? Use this simple ‘5x5x5 rule’ to figure it out

Retirement author and YouTube host Geoff Schmidt advises following what he calls the 5x5x5 rule.

Loonie strengthens as Canadians head to the polls

By Fergal Smith TORONTO (Reuters) - The Canadian dollar edged higher against its U.S. counterpart on Monday as the greenback posted broad-based declines and Canadians voted in a general election that has been dominated by concerns about U.S. trade tariffs. The loonie was trading 0.2% higher at 1.3830 per U.S. dollar, or 72.31 U.S. cents, after moving in a range of 1.3817 to 1.3892. The Liberal

This Industrial Small Cap Reported Record 2024 Results, Forecasts Continued Growth in 2025

Despite repeated calls by analysts that the North American economy is either in or about to be in a recession due to tariff concerns, one small cap company continues to fire on all cylinders and forecasts continued brisk growth in their business throughout 2025. All this was laid out in their latest quarterly results indicating record revenues in 2024.

Retire in Paradise on a Budget: 15 Countries Where $1,500 a Month is Enough

Why Ryanair Makes So Much Money

Why Ryanair Makes So Much Money

Worried About 2025 Travel Costs? Here Are 10 Budget Red Flags to Watch

Worried About 2025 Travel Costs? Here Are 10 Budget Red Flags to Watch

Meet the world's richest person in every decade for the last 200 years

What did it take to be the richest person in the world in 1820, 1850 or 1900? And how does that compare to today?

Peace Bridge duty-free shop goes into receivership amid plummeting traveller volumes

TORONTO — A judge is ordering the duty-free shop at Canada's second-busiest border crossing into receivership as it struggles to pay off millions of dollars in debt and overdue rent.

Scotiabank says KeyCorp results will add about $62M to its second-quarter net income

Scotiabank says its ownership stake in U.S. bank KeyCorp will contribute about $62 million to its second-quarter net income.

How the cost of bread in Canada compares around the world

How much dough do you spend on your daily bread? Discover the cost of a white loaf in 25 selected nations around the world.

What your old computers and games consoles are worth today

From Atari to Amstrad and Sony to Sega, some of these computers and games consoles are worth serious money today.

How Much Is A Plane In 2021 - Aircraft Prices & Why It Doesn't Matter

In this video, I'm going to tell you how you can buy a commercial plane, how much it costs and why that may not be the best idea. There are some pretty crazy price differences and some planes are effectively worthless despite costing half a billion dollars - so buckle up and let us go shopping!

RRSP Investors: 2 Dividend Stocks to Buy on a Pullback

These TSX giants pay good dividends and now trade at discounted prices. The post RRSP Investors: 2 Dividend Stocks to Buy on a Pullback appeared first on The Motley Fool Canada.

Toyota considers investing in potential $42 billion buyout of key supplier

By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries - a buyout that reportedly could cost $42 billion. "We are currently exploring various possibilities, including partial investment," the automaker said in a filing with the Tokyo stock exchange on Saturday following

What you need to know before helping your child with a home down payment

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.

22 Countries Where Canadian Dollars Go Twice As Far