76% bank online or by app
A new survey shows that more than three-quarters of Canadians now do their banking through digital channels, up from 68 per cent two years ago. The poll commissioned by the Canadian Bankers Association found that 53 per cent say online banking is their most common way of banking. The bi-annual online survey also showed that […]
Quebecor profit rises
Quebecor Inc. says its net income attributable to shareholders in the fourth quarter of 2018 was $116.8 million, up from $70.4 million in the year-earlier period. The profit amounted to 46 cents per basic share, up from 29 cents per basic share in the fourth quarter of 2017. Adjusted income from continuing operations was $132.7 […]
Here’s how much the average person spends in a day
Between groceries, gas and going out, Americans cough up a lot of dough in a single day — $164.55, on average, in fact. That’s according to a recent report by GOBankingRates, which analyzed necessary and discretionary spending data from the Bureau of Labor Statistics to determine out how much the average person spends every day. […]
Why Retirement Planning Must Start at the End (and Why Many Do It Backward)
Stephen Covey, the author of The 7 Habits of Highly Effective People, advises readers to begin with the end in mind. After all, how can someone progress toward a goal if the goal is undefined? Unfortunately, that’s exactly how many people approach the biggest goal of their lives: retirement. Some 70% of Americans feel they […]
If You Work Full Time, Calculate Your ‘Hourly’ Wage
When you’re working full time, you can track your spending and make a budget using percentages of your income to try to get a handle on what you can truly afford. But thinking in terms of monthly or even weekly allotments of money isn’t necessarily the most effective way to think of your dollars. Calculating […]
Have Your Toast and Get Rich Too: A Realistic Guide to Personal Finance
It’s not a conversation anyone likes to have, especially in Portland. It’s bad enough to live in a city where the cost of living keeps rising while wages stagnate and the gap between rich and poor is widening to historic levels. Meanwhile, you can hardly scroll through Twitter without coming across some article mocking your […]