Have you ever wondered what happens to stocks when a company goes bankrupt? It's every investor's worst nightmare. While you can cling to hope if a still-functional company's stock falls sharply, bankruptcy means things are hopeless, right? Well, not exactly. Keep reading as I explain what happens to a stock when the underlying company goes under.
Rich vs. wealthy: Do you know the difference?
Did you know there's a difference between being rich vs. wealthy? In this article, I'll explain the nuances that separate these two classifications.
Wealthsimple Trade review: A better Robinhood?
Wealthsimple Trade is an app that lets Canadians trade stocks and cryptocurrencies with zero commissions and no minimum balance. But is it really any good? Or would you be better off trading with your Big Five bank brokerage account? Keep reading this Wealthsimple Trade review to find out.
10 reasons “money can’t buy happiness” is a myth
We've all heard the saying "money can't buy happiness." Taken at face value, it makes sense. You needn't look very far to find examples of rich people who are absolutely miserable. However, I'd argue those people usually aren't miserable because of their wealth.
10 affordable and unique alternatives to traditional weddings
Whether you're rebellious, frugal, or both, keep reading as I share a few affordable and unique alternatives to traditional weddings.
10 signs you should drop out of college
Sometimes, there are very clear signs you should drop out of college. Keep reading as I share these points and discuss why they warrant walking away.
Old money vs. new money: 6 lessons you can use
While we often look at wealth in terms of haves and have nots, there's more nuance than that. In particular, discussions of old money vs. new money reveal wealth's complexities. Keep reading as I dive into this comparison and explain how the differences between old money and new money can influence your financial planning for the better.
How to avoid (or overcome) being house poor
In this article, I'll explain why being house poor is such a terrible thing. I'll also share how you can avoid this scenario – or overcome it if you're already there.
Benefits and dangers of the no-spend challenge
The no-spend challenge entails eliminating all discretionary expenses for a set period. It can work wonders for your finances, helping you save towards major goals and establish better habits.
Why a dollar today is worth more than tomorrow
A dollar today is worth more than tomorrow thanks to inflation and compound growth. The former means money will buy more now relative to any point in the future. The latter means capital also has more investment potential at present than it will tomorrow.