Debt to Income Ratio or How to Know Your Borrowing Ability

We are living in a world where debt is both good and bad. Debt finances government and private projects, but it also allows us to buy expensive things from cars to luxury items. 

Being able to calculate how much you can borrow is important when you make big decisions, like buying a house or planning to renovate your kitchen. Debt-to-income ratio (DTI) is the main indicator that helps understand your finances better before such buys. Let's talk about how it's calculated and what's considered a good DTI.

8 Realistic Ways to Boost Your Monthly Income

We're exploring ways to increase your monthly earnings. See several practical ways to do so here.

Many Canadians may not be prepared for financial emergencies, a recent survey from Financial finds revealed. Close to 50% of respondents from Canada said they had no savings for a major emergency. 53% said they were relying on their next paycheck. This is a sad reality. But there are a couple of ways to try to change it.

Canadian Thanksgiving Sale: Save on Shoes, Clothing, Furniture, and More

Here is the Thanksgiving Weekend. It's time to reconnect with the family and friends. Even though this year it is more difficult to gather, this Thanksgiving we can get some serious savings. It's been several years that various brands has taken on our Thanksgiving as a way to promote their products similarly to the Black Friday weekend. Sales and discounts may not be as high, but they are deep enough to consider our Thanksgiving weekend as a good opportunity to save.

Costco or Walmart? 7 Facts You Didn't Know

Costco and Walmart are well known to us as two stores with very competitive prices for everyday products. One always wonders which of the two offers more discounts and more deals. In our research we give you some interesting facts.

Products NOT to Buy at Dollarama

During your visit to an Dollar store like Dollarama you can find great deals and save tons of money. But, at the same time, stores of this kind offer too much "junk". Let's talk about products to buy and not to buy at Dollarama or any other dollar store in Canada.

6 Things to Do at Costco Without Being a Member

Can you get in a Costco store without being a member? Actually, you can do these 6 things in a Costco store without being a Costco member. Here is how you could benefit from the low prices at Costco without paying the membership fee. 

Opportunity Cost or How a Broken Fridge Can Turn into an Expensive Kitchen Makeover

Have you ever thought about about the difference between an expensive item and a lower-priced counterpart? The difference is not just the amount of money, but also what you can do with this money sitting between, say, a $1,000 leather jacket and a $400 one.

The $600 difference between the two jackets is the monthly payment on your car lease, the monthly insurance on your car, and a lunch out with your kids. No bad, right?