Money & the World
Economic Freakout 2020: The ‘What Now’ Edition
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"UNTIL 44 YEARS OF AGE, I NEVER HAD ANY KIND OF SAVINGS ACCOUNT. I’D ALWAYS BEEN UNDER THE GUN. I’D ALWAYS OWED MONEY."
Anthony Bourdain
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The latest news from Wealthsimple
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Wealthsimple Has the First Regulated Crypto Trading Platform in Canada.
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Yep, the new Wealthsimple do-everything cash account comes with a 0.9% savings rate, a nifty new cash card, and no account fees. And that’s just the beginning.
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Money Diaries
Candid money stories from interesting people
Joel Kim Booster Was in Massive Student Debt Until Last Year
Before he was cast in Sunnyside or had a Comedy Central special or wrote for Billy on the Street, he was raised working class in Illinois, saddled with huge student debt, and worked marathon hours doing customer service for Groupon. Joel Kim Booster shares his money story.
Tynomi Banks’s Big Break Was Probably Getting Fired From a Corporate Job
On the heels of her elimination from Canada's Drag Race, the world-class drag performer talks about inequality in the drag world, her mother’s lessons in hustle, and drag during the time of covid.
Stories From Our New Economy: Bullish on Bidets Edition
Our new Money Diaries series tells stories of humans whose lives have been upended by this crisis. In this edition we meet four businesses (the owner of a bunker company, a bespoke distiller, a day-trading celebrity, and a bidet magnate) that took unexpected turns.
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Cult Animator Carson Mell Decided Making Stuff Was More Important than College
The maker of the underground hit “Chonto,” writer on “Silicon Valley,” and author of "Cherry on Top" took a circuitous route to Hollywood success. A route that ran through the grocery store deli counter.
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How to Quit Your Job and Bike Around the World for $17,000
Alec Young, at age 28, was on the proverbial treadmill: work a corporate job, blow your paycheques on small luxuries, repeat. One day he decided to trade the treadmill for a bike. What happened next was unpredictable. Even to the grizzly bear.
The Star-Crossed Financial Life of One of the Greatest Living Astrologers
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Finance for Humans
How to be a better money person
Ask Lizzie: Can I Stop Being Friends With Rich(er) People?
This week, our columnist talks to a reader who is fed up with people who have more and is wondering if it’s ethical to just erase them from your life.
Why Are Stock Market Numbers So Wacko Right Now?
Because the stock market isn't the economy. Ben Reeves, Wealthsimple’s Chief Investment Officer, explains why things like unemployment are so terrible while the stock market has spent the past months at or near record highs.
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Wealthsimple Crypto is Canada’s first regulated crypto exchange. But that doesn’t mean everyone should use it.
The Best BIPOC Money Sites in Canada
Enoch Omololu, whose Savvy New Canadians is one of the best financial resources for immigrants in the country, thinks BIPOC communities are still underserved when it comes to money advice. Here are his favourite sites, and the ones he wishes existed.
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Our columnist takes on balancing a real fear for your future with a real desire to do good for others.
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When she was 30, Pauleanna Reid—journalist, advice-giver and entrepreneur—found herself in more than $50,000 in credit-card debt. Now, at 32, the debt’s gone and her business is thriving. Here she breaks down her advice for getting out of debt and staying on track.
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If your income has taken a hit and you have to tap into savings (or debt), how you do it is important. Here’s our guide to which accounts to pull from, how to avoid penalties and fees and taxes, and everything else you need so it's easy to get back on track when this is over.
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What if I Missed the Entire Bull Market?
Say you’re a millennial who came of age right at the cusp of the Great Recession. Or you didn’t start investing because you were freaked out by that recession. Or you had student loans weighing you down. And now the ride is over. What to do if you missed the bull market?
Now Is a Really Good Time to Understand How Interest Rates Work
Financial disruption has been coming fast and furious. In the midst, interest rates have been slashed to near zero. Here’s how to understand what that means, and what it’ll do to your mortgage, your savings account, and your investments.
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Money & the World
How money shapes the world we live in
Economic Freakout 2020: The ‘What Now’ Edition
As the pandemic rages on, and government stimulus winds down, and an important election looms, we channel our anxiety into a desperate interrogation of Ben Reeves, Wealthsimple’s chief investment officer. On the agenda: interest rates, gold, the end of the world, and whether it’s all going to be OK.
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Help! This Is a Super BFD!
How do you make a Big Financial Decision (BFD) — like buying a house or starting a business or selling an asset — in the middle of a hurricane of uncertainty? Here’s a guide to deciding (and deciding if you should decide) in a time when no one wants to.
The Long-Term Economic Disaster of Cash Bail
We spoke to Robin Steinberg of The Bail Project and Colin Doyle from the Criminal Justice Policy Program at Harvard Law School about how the cash bail system fuels and funds mass incarceration — and how it wreaks havoc on society.
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The Pioneer of Burnout Theory Tells Us About Millennials and Money
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The Price of Love (Meow!)
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