Cassandra, 40, was in for a shock debt reveal when she asked her husband, Aldo, 41, about their debt liabilities. Aldo, who works in a finance role and earns over $100,000 annually, said the debt amounted to over half a million dollars with $66,000 in collections due to months of missed payments. Cassandra and Aldo … Read more
Your first credit card is a significant step towards financial independence. While it’s relatively easy to obtain one with a job, it’s crucial to understand that it’s equally easy to accumulate debt rapidly. However, by using your credit card wisely, such as maintaining a low credit utilization and making timely repayments, you can actively build … Read more
Here’s the good news: Airfares have declined in Canada. The bad news? You might wind up paying more in added fees. WestJet and several U.S. airlines recently hiked their checked bag charges. Discount carrier Flair Airlines has raised some other fees, and added a surcharge when customers pay for their flight with a credit card. Airlines often say they “unbundle” … Read more
By KEN SWEET (AP Business Writer) NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. Under … Read more
Business insolvencies jumped by more than 41 per cent in 2023, according to data released Friday by Canada’s top financial regulator. The report from the Office of the Superintendent of Bankruptcy showed that the total number of insolvencies — meaning those filed by both businesses and consumers — was up by 23.6 per cent last year. The … Read more
Some small business owners in Canada are asking for the federal government to reckon with the challenges they face as they confront a looming deadline to repay a portion of emergency government loans issued during the pandemic. Businesses face a Jan. 18 deadline to pay back up to $60,000 in loans received through the Canada Emergency Business … Read more
If you’ve made a mistake and bought something other than one of the best apps on Google Play, you might be pondering about how to get a refund on Google Play’s store. Depending on what you’ve bought and how long it has been since you purchased the item, there are different methods for requesting your … Read more
Digital Trends Digital products, despite their popularity, can also be discontinued. One such example is Mint, a personal finance application that has been helping users manage their money, budget, and pay bills since 2007. Unfortunately, Mint is shutting down. However, there are many other similar apps available in the market that are worth considering. Moreover, … Read more
CULTURE OF GIVING AND THE SPIRIT OF GIVING Singaporeans have consistently been adept at regifting; the Lion City came up tops in a 2014 Rakuten survey of 7,000 respondents across seven nations, with 45 per cent happy and willing to regift. Does this mean the needle on regifting is clearly moving towards the yea side … Read more
The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal doesn’t go nearly far enough. The deal concerns what is called an interchange fee, also known as a “swipe fee,” which sets aside a percentage … Read more
