RBC is holding a new ‘bank statement challenge’. All you have to do is show your current bank statement from another bank and set up an appointment so an RBC rep can show you how they are different than the other big banks. You’ll get a $50 prepaid visa for your time. Click here for more information. I’m not sure if they’re much different than other banks, but I like $50 gift cards for 20 minutes of my time.
Tangerine is offering $50 for anyone who signs up for a new bank account. I have an account with them and love it. Great service and no bank fees. Use my Orange Key (42077379S1) and click here to take advantage of the offer. This offer ends Dec. 31/14.
Rate Supermarket is offering a $25 gift card to Starbucks, Amazon or Future Shop for anyone who signs up for the Scotiabank Momentum Visa Infinite card. As you probably know I have the card myself and this year I am set to earn over $550 in cash back. A bonus is that there is no annual fee for the first year. Click here to get this card.
Boomer and Echo questioned whether you need a formal budget. I think it’s important to have a budget but it doesn’t have to be formal. Heck, your budget could be on the back of a paper napkin (I’ve actually seen it) and it would still work.
My Own Advisor described some of his personal finance ah-ha moments. My biggest ah-ha moment came when I first started investing. I put my money into a high fee mutual fund offered by a big bank and it under performed the market.
Dividend Mantra described his most recent buy – Walt Disney. With energy stocks taking a beating lately, are you buying now or waiting for them to go even lower?
Modest Money wrote an interesting piece on why dividend growth investing works. As you likely know, I am a big fan of investing in dividend stocks for the long term and hope to use the dividend income for expenses when I retire.
Canajun Finances writes about 5 great ways to use your pay raise. They are simple but they all work. My favourite – invest the extra money for the long term and forget that you even received a raise.
Barry Choi shared some bad gift ideas to avoid this holiday season. The biggest one is likely a gym membership. Gyms make big dollars off people who never use their memberships.
Alicia from Financial Diffraction shared her thoughts on money conversations with coworkers. Do you talk to your coworkers about money?
Michael James explained how high-frequency trading works. A handy guide for anyone interested in the topic.