Neal Banks

05/12/2019

When do you do your holiday shopping: Black Friday or Boxing Day?

Canadian shoppers craving a deal increasingly turn to Black Friday — a sales bonanza imported from the U.S., where retailers have long slashed prices the day after their Thanksgiving holiday — seemingly at the expense of another sales spree, Boxing Day.

30/10/2019

Just another reminder that big banks only care about boosting their bottom line...

https://www.theglobeandmail.com/investing/personal-finance/young-money/article-rbc-turns-childrens-accounts-into-high-fee-ones-when-they-hit-their/

The RBC Leo’s Young Savers Account is a nice little intro to the banking world for kids aged 13 and under. Too bad it’s all downhill from there

05/10/2019

23/09/2019

Can you believe this?!

Imagine waking up to discover your credit card balance had been wiped clean...

🤯

Get the full story here:

https://toronto.citynews.ca/2019/08/08/chase-bank-wipes-out-all-outstanding-credit-card-debt-owed-by-canadian-users-2/

Paul Adamson was paying his bills online last week when he came across something curious _ the balance on one of his credit cards was wiped clean. After noticing that his bank had removed the Chase Bank credit card from his list of payees, he phoned both and got a delightfully unexpected answer from...

12/09/2019

Building wealth doesn't have to be complicated.

Discover 12 actionable ways to simplify your wealth-building in this article from our friends at Swift Salary...

https://www.swiftsalary.com/personal-finance-tips/

If you're looking for a personal finance beginners guide with all the best personal finance tips and tricks, this is the post for you.

12/09/2019

Pay down debt or borrow more?

That's the question a lot of Canadians are facing right now:

https://www.cbc.ca/news/business/canada-debt-recession-1.5277433

As we head into a federal election, we must decide as individuals and as a nation whether to borrow more or pay down debt.

11/09/2019

The writing is on the wall.

We're overdue for a contraction of the global economy. Whether it qualifies as a recession or not is another question.

In this article from our friends at MoneySense, discover why the next recession may not look anything like the last one... and what it means for you...

https://www.moneysense.ca/save/investing/stocks/why-this-recession-may-not-look-like-the-last-one/

The 2008 downturn saw a scary 50% stock selloff and scores of job losses. But one economist says whatever comes next will be ”massively different.”

11/09/2019

A bank account that PAYS YOU to use it?

Sounds like a win-win to me!

Discover the best checking accounts of 2019 in this post from our friends at I Will Teach You To Be Rich:

https://www.iwillteachyoutoberich.com/blog/best-checking-account/

One checking account beats all the others on perks. But there are also 4 reasons to get a different one.

10/09/2019

Like to travel? Want to fly for free 1-3x per year?

Discover the best travel credit cards of 2019 in this post from our friends at I Will Teach You To Be Rich:

https://www.iwillteachyoutoberich.com/blog/best-travel-credit-cards/

How to find the best travel credit card and get a ton of perks. Our guide shows you exactly which cards to pick.

10/08/2019