Finance

Finance isn’t just a word, it’s a profession, an industry and a way to make money sound intimidating. But the principles of finance are actually pretty simple. Educate yourself on them, and you’ll be in your way to mastering the art of money.

How to Make a Budget

10 min read

It's never too late to learn one of the most essential life skills: making and sticking to a budget. Let us show you how to budget like a champion.

How to Switch Banks

4 min read

If your current bank isn’t meeting your needs, it’s time for a change. These steps will teach you how to switch banks.

What’s a good credit score?

1 min read

Here’s the simple, three-digit answer you’re likely seeking. Anything above 700 is considered a “good” credit score.

How To Make Money Online

19 min read

Making extra money used to require working nights at the mall and spending your Saturday nights babysitting someone else’s kids. While those methods are awesome, there’s a new, potentially easier and faster way to make money: online.

The Ultimate Guide to Money Management

13 min read

Managing your money is deceptively difficult. Even those with a lot of it can easily put themselves in a financial hole. And those who struggle to make ends meet have an even more difficult time making sure all their needs—both current and future—are covered.

How to Prepare for a Recession

7 min read

While we like to talk about “the economy” as if it’s a static entity, it’s actually more like a living, changing ecosystem. It fluctuates unpredictably, sometimes wildly, and can look very different from one year to the next.

Wealthsimple is investing on autopilot.

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Automating Your Finances

We'll show you how to automate your finances so that you never find yourself choosing between a new pair of shoes or funding your future.

Retirement Calculator

Our free retirement calculator will help you understand how much you’ll need to save for retirement. Get started by telling us about your current financial picture.

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Income Statement Explanation & Example

7 min read

Investing in stocks requires understanding the companies you’re interested in. And investors should become familiar with three particular financial statements that can reveal a lot about each company’s financial health: the income statement, the balance sheet, and the cash flow statement.

What is APR & How Does it Work?

7 min read

In the market for a new loan or a credit card? Find out what APR is and how does it work so you can pick the right loan for you.

Sustainability Explained

5 min read

Sustainability is a practice that is becoming increasingly important to consumers, investors, and businesses. But how does it actually work?

Balanced Sheet Explained with Examples

6 min read

A company’s balance sheet shows the company’s assets, liabilities and shareholders’ equity at a specific point in time.

What is Net Income?

7 min read

Net income is revenue minus expenses, interest, and taxes. Here’s what you need to know about net income and why businesses and individuals pay close attention to it.

Gross Income Explained

4 min read

Gross income is a basic but crucial financial concept. Understanding it can give you insight into things like how to get approved for mortgages, how income taxes work, and many other financial aspects of your life.