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The absolutely greatest stories by Wealthsimple Magazine

A year ago, most people hadn’t heard of prediction markets. Now they’re Wall Street’s obsession.

Prediction Markets Are, Suddenly, Everywhere. Wall Street Wants In

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Articles

Money Diaries

Anthony Bourdain Does Not Want to Owe Anybody Even a Single Dollar

Before he was the guy from Parts Unknown, he was 44, never had a savings account, hadn't filed taxes in 10 years, and was AWOL on his AmEx bill. That turned out to be a great financial education.

Money & the World

The Code That Controls Your Money

COBOL is a coding language older than Weird Al Yankovic. The people who know how to use it are often just as old. It underpins the entire financial system. And it can’t be removed. How a computer language controls the financial life of the world.

Finance for Humans

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.

Money Diaries

Debt: A Love Story

In exchange for anonymity, one couple told us the brutal details of their life in the grip of an epic cycle of debt.

Money Diaries

Woody Harrelson Is a Terrible Debt Collector

He was bad at his paper route. And not a great hype man for a lame gym. But as the actor tells Wealthsimple, he's gotten better at money over the years, partly by not needing to spend much of it.

Money & the World

The Supreme Retirement Plan: How to Become a Millionaire by Flipping Streetwear

This morning, like every Thursday, entrepreneurs (and hypebeasts) lined up at the Supreme store to await the latest drop. Today we gave them a message about turning their hustle into wealth.

Money Diaries

Kevin Bacon: Money is Hard for Creative People

The star of the new show “I Love Dick” on why you should be a grown-up about money (know your financial details) but still have some fun (keep enough cash in your pocket to buy a fancy guitar).

Finance for Humans

Dear Ms. Etiquette: When am I too old to ask my parents for money?

Our columnist takes on the age-old question of mooching off your genetic forebears.

Money Diaries

“I Created the Most Famous Hairstyle Ever, but I Couldn’t Even Pay My Electric Bill”

The most important things Chris McMillan —the hairstylist who makes people like Jennifer Aniston and Kim Kardashian look good— learned about money, he learned when he was a crack addict.

Money & the World

18 Big Ideas to Supercharge Canada’s Economy

Canada is, by many metrics, a great country. But the recent trade war has underscored that it could benefit from some bold thinking to help propel it forward.

Money & the World

For a Shot at Cycling Glory, Amos Scott Bouris Just Needs Talent, a Little Luck, and $400,000

Canada’s youth-racing phenom hopes to compete in the toughest, most-prestigious international contests. But, as the writer Kate Wagner discovered, the path to becoming a world-class cyclist is as unclear as it is costly. In fact, it’s really, really expensive.

Money Diaries

“My Finances, in Brief,” an Essay by David Sedaris

The author always had a strange, difficult relationship with his father — in part because of money. We asked him if he’d go there in an essay. And, to our surprise, he really, really went there.