Congrats to Barry at Money We Have who has now been writing at his site for one year. He focuses mainly on budget travel tips and loves to share his travel adventures.
Everyone knows Kevin O’Leary, star of ABC’s ‘Shark Tank’ can be a bit harsh. Click here to read why he is so mean to entrepreneurs who come on the show.
Holly at Club Thrifty asks an important question – do rewards cards negatively impact your credit score? In my experience I’ve been using reward cards for about two years and have maintained an excellent credit score. It’s more important to monitor your spending and make sure you pay your balances each month so you can avoid late payments (and interest).
Speaking of reward cards, Capital One has replaced their Aspire Travel World card with a less-lucrative version. The key changes are that new customers no longer get 35,000 reward miles for signing up (it’s now 10,000 reward miles) and the anniversary bonus of 10,000 reward miles is gone. The annual fee of $120 is kept the same, which means you’d have to spend a lot each year to make this card worth your while.
Also, it looks like Costco will no longer be accepting Amex cards in their US stores. If you’ll recall last year they stopped accepting Amex at the Canadian stores, and it looks like the same will happen in the US at the end of their 16 year agreement.
Mark from My Own Advisor answers a couple reader questions regarding his dividend income. His dividend income has slowly increased over the years and his goal is to use the income to help funds his (early) retirement.
Click here to read a story about how parents asked their son to save money after they were homeless and poor.
On the theme of Valentine’s Day, at Canajun Finances there is an interesting post about how money equals love – assuming you read the headlines in the media, of course.
Are the dividend increases of Canadian telco’s sustainable? One analyst warns they may not be. Although free cash flows for companies like Telus, Rogers and BCE have increased, dividends have increased at an even greater rate which may not be sustainable.
Related: 5 Advantages of Dividend Stocks
Finally, there’s still time to take advantage of Rate Supermarket’s offer of a $100 gift card (to Amazon, Starbucks or Future Shop) for anyone who signs up for the Scotiabank Momentum Visa Infinite.
I use the Scotiabank Momentum Visa Infinite card for almost all our purchases.
The card is rated the top cash back credit card and offers:
- 4% cash back on gas and groceries
- 2% cash back on drug store and recurring bills
- 1% cash back on all other purchases (no limit)
The card has an annual fee of $99 but it is waived for the first year for a total of $200 savings.
Click here to sign up for the card and get a free gift card.