Holidays cancelled? Canadians would use the money to save, invest and pay off debt

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Canadians across the country think that there are better ways to spend their money than on the holidays, according to the Holiday Spending in Canada, 2019 report by Mylo, the popular Canadian saving and investing app. The report, which surveyed over 3,000 Canadians, found that 60 percent believed that the amount the average Canadian will spend on the holidays […]

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Budgeting Made Easy with New Interactive Budget Planner

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The Financial Consumer Agency of Canada (FCAC) launched its new Budget Planner tool, which will help Canadians manage their financial goals. This evidence-based tool uses behavioural insights, enabling users to tailor their budget to their needs. FCAC’s Budget Planner offers instant personalized feedback, customizable budget templates, guidelines and reward badges to help Canadians easily prioritize their spending […]

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Americans Admit They Need a Break From Family After Less Than Four Hours This Holiday Season

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If you need a moment away from family during the holidays, you’re not alone, according to new research from Motel 6. Today, the economy lodging brand that lets you “save more for what you travel for™” released its second annual holiday travel survey, revealing that while Americans prioritize family get-togethers over the holidays, it takes less […]

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Have you heard about the CDIC?

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Have you ever heard of the CDIC? Have you seen this logo? CDIC stands for Canada Deposit Insurance Corporation. CDIC is a federal Crown corporation that contributes to the stability of the Canadian financial system by providing deposit insurance against the loss of eligible deposits at member institutions in the event of failure. Their vision […]

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