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Here’s what’s happening in the personal finance space this month, how it might impact you and what you can do about it. Credit Card Debt and Interest Rates Are at an All-Time High Bouncing back from a steep decline at the beginning of the pandemic, credit card debt has reached an all-time high, according to […]
The Latest Personal Finance News for March 2023 Read More »
Insolvencies are up 15% from last year and a younger generation is leading the way https://financialpost.com/personal-finance/debt/millennials-drive-rise-ontario-insolvency-filings #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Half of Ontario insolvencies filed by millennials Read More »
Bankruptcies, proposals to renegotiate loan terms expected to rise in first quarter https://financialpost.com/personal-finance/debt/bankruptices-proposals-renegotiate-loan-terms-rise-q1 #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Get Started Welcome to the Weekly Scan. Here’s what we’re following for the week of February 6, 2023. Stranger things have happened. Netflix will reportedly start cracking down on password sharing “more broadly” after testing restrictions in Chile, Costa Rica, and Peru. The new rules are designed to prevent people that don’t live in one
The Weekly Scan February 6, 2023 Read More »
Get Started Welcome to the Weekly Scan. Here’s what we’re following for the week of January 30, 2023. Bed Bath & Bankrupt? Home goods retailer Bed Bath & Beyond reported that it had received default notice from its loan agent, JPMorgan Chase. Bed Bath & Beyond reportedly doesn’t have enough funds to pay back the
The Weekly Scan January 30, 2023 Read More »
Get Started Welcome to the Weekly Scan. Here’s what we’re following for the week of January 23, 2023. Hastings hits the road. Netflix’s founder Reed Hastings announced last week that he will be stepping down as co-CEO of the streaming business. Hastings’ current counterpart Ted Sarandos will stay on, and chief operating officer Greg Peters
The Weekly Scan January 23, 2023 Read More »
More felt their financial position deteriorated amid another interest rate hike and holiday bills https://financialpost.com/news/economy/canadians-got-more-pessimistic-about-their-finances-in-december-poll #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Stocks, large purchases a no-go as Canadians get more pessimistic about finances: poll Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of January 10, 2023. Turbulence settles. Last week, Southwest Airlines said it expects a loss of all fourth-quarter profits as a result of the holiday winter storm which severely disrupted its services. The airline reportedly canceled 16,700 flights between December 21 and December
The Weekly Scan January 10, 2023 Read More »
Watch: Personal finance educator Kelley Keehn talks about the impact of inflation on Canadians’ budgets https://financialpost.com/personal-finance/avoid-financial-catastrophe-holiday-shopping-tips #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Avoid a financial catastrophe in the new year with these holiday shopping tips Read More »
Canadian Real Estate Association policy comes into effect on Jan. 1, 2023 https://financialpost.com/personal-finance/mortgages-real-estate/crea-mls-buyers-sellers #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Forcing real estate brokers onto MLS probably a good thing for both buyers and sellers Read More »
Debt growth also outpaced income gains, as households added $56.3 billion of debt in second quarter https://financialpost.com/news/economy/canadian-household-wealth-falls-1-trillion-real-estate-financial-markets-pummelled #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Almost one in four say they’ll have to sell if rates climb much higher https://financialpost.com/real-estate/mortgages/canadian-homeowners-feeling-the-pinch-of-rising-rates-manulife-bank-debt-survey #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp
Canadian homeowners feeling the pinch of rising rates: Manulife Bank debt survey Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of May 30, 2022. Cloudy with a chance of making it rain. Broadcom is purchasing cloud-computing business VMware for $61 billion, making it the biggest acquisition by a chipmaker. At that figure, Broadcom will pay a 44% premium on VMware’s closing price on
The Weekly Scan May 30, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of May 23, 2022. Missing the Target. Earnings reports from big retailers including Walmart and Target showed that supply-chain issues are cutting into profits.Target reported that its profits fell 52% in the first quarter of 2022, and the company’s share price decreased 25%
The Weekly Scan May 23, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of May 16, 2022. The debt digest. Household debt in the U.S. totaled a record $15.84 trillion in the first quarter of 2022,, according to a household debt report released by the Federal Reserve Bank of New York. Although it was the smallest
The Weekly Scan May 16, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of March 7, 2022. SOTU economics. President Biden’s annual State of the Union speech last week focused on key issues facing the U.S. and the world, including: The war in Ukraine. Biden emphasized the importance of democracy against autocracy, while also emphasizing that
The Weekly Scan March 7, 2022 Read More »
Both the New York Stock Exchange (NYSE) and the Nasdaq have temporarily halted trading of Russian-related securities this week. The trading interruption is in response to sanctions of the U.S. and other nations on Russia as a result of the war in Ukraine. Trading halts may occur due to major news, for technical reasons, or
Why Key Exchanges are Halting Trading of Russian Securities Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of February 28, 2022. War in Ukraine. Markets tumbled late last week as Russia invaded Ukraine, and Western and Asian nations enacted economic sanctions against Russia for its unprovoked attack. The sanctions include blocking technology exports, freezing financial assets, and preventing large state-owned
The Weekly Scan February 28, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of February 21, 2022. Remington’s settlement. Nine families of the people killed during the 2012 shooting at Sandy Hook Elementary School reached a $73 million settlement with Remington Arms Co., manufacturer of the gun used to kill 20 students and six staff members.
The Weekly Scan February 21, 2022 Read More »
As we’ve entered 2022 and the pandemic is still upon us, a lot of Minters are asking, “What do I need to know about what’s happening in the economy and stock market, and how does it all affect my finances?” When investing, whether it is in real estate, the stock market, or crypto market, it
What You Need to Know to Get Through This Volatile Financial Time Read More »
