It’s understandable. Consumers want to lower their car insurance rates as much as possible. For many, the most effective short-term solution for doing so is to lie to, or withhold information from, their insurers. But there are financial consequences involved. Insurance companies have numerous ways to uncover the truth, and are becoming increasingly savvy at

Canadian and U.S. economies are intimately linked. This is why the question hangs so consistently in the air around financial conversations. Will the tanking Yankee financial ship work to sink Canadian markets, too? American investors historically hold a central role in helping generate economic activity in Canada. Yet little evidence exists that suggests our financial

All too often, those of us who’ve worked hard to put some money away look at the debt stories in the news and say to ourselves; “Phew thank goodness that isn’t me!” The money shows we watch let us get a glimpse of couples buried in debt, or spoiled rotten princesses who bleed everyone around

While many Canadians may think credit cards are the root of all evil, the reality is credit cards are a necessary part of a good financial life. Sure, credit cards have caused some problems for people burdened by debt but credit cards can also be an effective tool for rebuilding a poor financial status. Making

How many times have you walked into a big box store like Walmart and have been told by the salespeople about the instant perks you get by applying for their credit cards? Back when I was in University, I was applying to all-sorts of credit cards not really realizing the negative impacts it would have.

We’re all looking to save some money these days, and one way some people are looking to lower their bills is by reducing (or eliminating) their auto insurance coverage. No matter how bad things get, I can’t endorse eliminating your car insurance. Not only is it illegal, it’s likely to make a bad situation even

Are you in the market to buy an expensive item like a new television? Or, maybe you are interested in going on vacation? Perhaps you need to make some much needed home improvements. You probably would look to satisfy paying for any type of luxury purchase with a credit card. Some people even look to utilize the equity