Finance - Blue Finessence

How Much of My Paycheck Should I Save? | YNAB

Many aim to save a certain amount of their paycheck, but there is a better way. Rather than focusing on how much of your paycheck to avoid spending, try asking “How do I want to spend my money?” instead. Source

How the federal election affects your finances

Canada goes to the polls on Monday, April 28. Not surprisingly, economic issues dominate this year’s federal election campaign. Whether it’s responding to U.S. tariffs, reframing climate policy or dealing with unaffordable housing, the major parties and candidates are focused on Canadians’ bread and butter. Here we’ve compiled

7 Cheap Cars That End Up Costing More in Repairs Than Luxury Cars

Image Source: 123rf.com When it comes to buying a car, many people are drawn to the idea of purchasing a cheap vehicle. The low upfront cost seems appealing, and in theory, it sounds like a good way to save money. However, in reality, some of these “cheap” cars

The Treasury Secretary Needs Better Data on How You Save for Retirement

Scott Bessent said on television that most people kept 401(k) money in a 60 percent stock fund. It’s not quite that simple. Ron LieberSource

How to Survive Chaotic Markets

Last Thursday the S&P 500 finished the day down 4.8%. Then on Friday it declined another 6%. That’s a loss of more than 10% in just two days. The -10.5% loss was the fifth worse two-day stretch for the stock market since 1950. The other times this happened

10 Ways to Protect Yourself Against a Recession

In early April, Goldman Sachs raised its forecast of a U.S. recession in the next 12 months to 45%. J.P. Morgan saw a 60% chance of a global recession. Consumer sentiment in the United States is the lowest it has been in years and inflation has taken a

OnePay: New Account $125 Bonus

One Finance recently rebranded to OnePay and are now offering a $125 cash bonus through Rakuten. OnePay is a fintech company that works with Coastal Community Bank and Lead Bank (both Member FDIC) to offer banking services. They offer OnePay Cash, which comes with a debit card that

How should young Canadians invest in bonds?

For young investors who are building the fixed-income portion of their portfolio, it’s best they keep their approach simple and go for low-cost investment options, experts say. “If they’re just starting out, they don’t need to maybe source out an individual bond right away. I think there are

How to stay the course with your retirement plan during market volatility

Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult. Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April 2). While

2025 Savings Report

Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com. The article 2025 Savings Report originally appeared on NerdWallet. Erin El IssaSource

Category: Finance