Economic growth slows
The pace of economic growth in Canada slowed in the third quarter as business investment spending moved lower and the growth in household spending slowed. Statistics Canada says the Canadian economy grew at an annualized pace of 2.0 per cent in the quarter. That compared with an annualized pace of 2.9 per cent in the […]
Massive hotel data breach
The information of as many as 500 million people staying at Starwood hotels has been compromised and Marriott says it’s uncovered unauthorized access that’s been taking place within its Starwood network since 2014. The company said Friday that credit card numbers and expiration dates of some guests may have been taken. For about 327 million […]
A workplace perk that can help your kids avoid debt
The last place many parents would look for ideas on how to save money for college is their workplace. After all, connecting with a 529 college savings plan is not exactly your typical job perk. Many young families don’t even use 529 plans for college savings. About 45 percent of parents use an old-fashioned savings […]
Looks like everyone is having some trouble saving for retirement
In a perfect world, saving for retirement would be easy. That world assumes everyone makes an adequate salary, can afford all their necessities and a few frills, and feel comfortable setting aside some money for the future. Yet the reality is that retirement saving is not easy for everyone. Lower income and debt, whether from […]
Maui Ranks No. 1: Where Savings Accounts Work Hardest
Where you live can have a big impact on how much you can save, according to a recent study from financial technology company SmartAsset. The study measured savings account rates against household income, living expenses, and tax burdens in counties across the country to find where it pays the most to save. According to the […]
How to Start Saving Money When You’re Broke
If you’re struggling to save a few bucks each month, you’re in good company. About a quarter of Americans say they have less than $1,000 to cover an emergency according to a Prudential survey of full-time employees. Between student debt, rent, and your cell phone bill, saving for big goals like buying a house or […]