Category: finances

1 in 3 Canadians Report Being in ‘Bad’ or ‘Terrible’ Financial Shape: Survey

One-in-three Canadians say they are in rough financial shape, and two-in-five are dipping into their savings to get by, according to a recent survey by the Angus Reid Institute. “More than a year into a stubborn and persistent cost-of-living crisis, a considerable number of Canadians have progressed from belt-tightening on spending to drawing on existing…


How the Current Real Estate Market Can Affect Your Finances

The real estate market is in an interesting state right now. Home sales are slowing because of higher interest rates, but prices in some areas have yet to drop, demonstrating how much the current real estate market can affect your finances. Overall, the median existing-home sales price in January 2023 was up 1.3 percent from…


More Than 50 Percent of Americans Using Savings for Everyday Expenses: Study

More Americans are dipping into their savings in order to make ends meet amid crippling inflation, according to new data published in the Country Financial Security Index. The data come as the overall pace of annual inflation eased to 6.4 percent in January, down slightly from 6.5 percent in December 2022, according to the Bureau of Labor Statistics…


Vast Majority of Americans Don’t Expect Their Finances to Improve in 2023, Cite Inflation

A large number of Americans do not feel optimistic about their finances improving next year amid the continued cost of living crisis and higher interest rates, a new survey has found. The consumer financial services company Bankrate.com commissioned YouGov Plc. to conduct the survey among 3,656 adults in the United States between Nov. 15-18. Respondents were asked: “Compared…


Generational Poverty: How to Break the Cycle of Poverty

Are you familiar with escape rooms? The only way you can escape is to solve a complicated problem. But what happens if you fail to escape the room on time? Having lost, you are then “imprisoned” in the room. OK, not literally. However, you will not be able to leave the room until a staff…



Stephen Moore: Seven Ways America Is Being Destroyed

Stephen Moore, the senior economist at FreedomWorks and former senior economic advisor to President Donald Trump, gave a half-hour keynote speech at the Freedom Festival Banquet held at the Rusty Rudder restaurant on Oct. 7, in Dewey Beach, Delaware. The event was organized by the Delaware Republican Party. During his speech, Moore listed seven ways in…


Stephen Moore: 7 Ways America Is Being Destroyed

DEWEY BEACH, Del.—Stephen Moore, the senior economist at FreedomWorks and former senior economic advisor to President Donald Trump, gave a half-hour keynote speech at the Freedom Festival Banquet held at the Rusty Rudder restaurant on Oct. 7. The event was organized by the Delaware Republican Party. During his speech, Moore listed seven ways in which he…


If Personal Finance Intimidates You, This Book Should Help

If you’ve never heard of Ronald Read, you’ll be forgiven. Though Read had a net worth of more than $8 million at the time of his quiet death in 2014 at the age of 92, he was hardly headline news. His life was so unassuming and everyday that few, if any, would have guessed at…


Quebec Auditor General Releases Review Today on Province’s Finances Ahead of Election

Quebec’s auditor general is releasing her review today of the finance minister’s pre-election report on the province’s finances. Guylaine Leclerc is tasked with determining whether the financial forecasts, estimates and assumptions made ahead of the October provincial election are plausible. Finance Minister Eric Girard will present his pre-election financial report later today, after Leclerc releases…