Our Big Fat Wallet was recently named as one of Brighter Life’s favourite writers of 2014. It’s a great honour to be mentioned!
Here is a very interesting compilation of retirees who share their biggest financial surprises upon retiring.
Sean Cooper has some tips to avoid being scammed by a contractor. Lots of it is common sense yet it seems like ever year there are stories of people who get ripped off by contractors for their home renovations.
Do you ever compare your net worth? Boomer from Boomer & Echo explains that as much as we like to compare to others, it’s more a state of mind than a number.
Over at LSM Insurance, read about a quick way to save thousands on your life insurance costs. Such a simple method that many people (including myself) didn’t know about.
Here are some funny money tweets from Canajun Finances. My favourite is the picture of the Ferrari that has a license plate “HI DEBT.” So true and honest.
As you probably know, the Bank of Canada reduced their prime lending rate which was (partially) matched by the big banks. I’m hoping the big banks will continue to lower their mortgage rates in the future, but for now the banks are content to not pass on the savings to consumers.
Related: Mortgage Basics Everyone Should Know
Despite the gloomy economic outlook, CN Rail has managed to post an impressive Q4 with $844 million, and a 25% increase to their dividend. The stock currently yields 1.2%.
Related: 5 Advantages of Dividend Stocks