Luisa Rollenhagenis a journalist and investor who writes about financial planning for Wealthsimple. She is a past winner of the David James Burrell Prize for journalistic achievement and her work has been published in GQ Magazine and BuzzFeed. Luisa earned her M.A. in Journalism at New York U...
* The reason Wealthsimple can offer this free card with such attractive features is that they hope you'll be convinced to also use their other investment services. It's essentially a loss leader product for them. As a result the signup process can feel a little more invasive than ...
* The reason Wealthsimple can offer this free card with such attractive features is that they hope you'll be convinced to also use their other investment services. It's essentially a loss leader product for them. As a result the signup process can feel a little more invasive than...
Compound interest doesn't just apply to savings and investment accounts, either. Cash accounts and certificates of deposit, like savings accounts, also work on the principle of compound interest. Assets like stocks, mutual funds, and ETFs also accrue interest, which is why investment accounts exper...
The main difference is that EQ Bank gives you a higher interest rate on your balance (2.5% versus 1% with WealthSimple), but slightly less cash back (0.5% versus 1% with WealthSimple). jump to:SummaryCredit CardsPrepaid CardsTop Summary Of The Best Zero Foreign Transaction Fee Product...
Fintech regulation isundergoing major changes, so companies need to stay up-to-date. The expansion of technologies like embedded finance has led federal regulators to take a stronger stance on fintech-bank partnerships, releasing aset of guidelines. In addition, the CFPB is seeking tosupervise Big...
As of 2024, the prescribed rate of interest on spousal loans is 6%. The beauty of the loan is that once it’s issued, the interest rate stays fixed for the term of the loan. If you have a handle on the other income splitting strategies listed above and still have excess cash to ...
The main difference is that EQ Bank gives you a higher interest rate on your balance (2.5% versus 1% with WealthSimple), but slightly less cash back (0.5% versus 1% with WealthSimple). jump to:SummaryCredit CardsPrepaid CardsTop Summary Of The Best Zero Foreign Transaction Fee Products...
The main difference is that EQ Bank gives you a higher interest rate on your balance (2.5% versus 1% with WealthSimple), but slightly less cash back (0.5% versus 1% with WealthSimple). jump to:SummaryCredit CardsPrepaid CardsTop Summary Of The Best Zero Foreign Transaction Fee Product...
Even if you’re subsisting on $.30 packages of ramen, you still gotta have a kitchen in which you can prepare it. This is where the Emergency Fund steps up and saves the day.