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 on 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

950 is a good score. As is 690. Come to think of it, 4 is quite good too. Confusing? Allow us to explain.

How To Make Money Online

18 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.

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What is Equity? Definition & Example

6 min read

Equity is an important factor in determining the financial health of a company. Here’s what it means, and how it’s calculated.

What is CAGR? Definition & Explanation

7 min read

CAGR stands for compound annual growth rate. It serves as a means to calculate the compound growth rate of an investment or a portfolio from a beginning to an endpoint in time.

Liquidity - Definition & Ratios

7 min read

Liquidity is the ability to pay short-term financial obligations. Essentially, it explains how easily you can turn your assets into cash.

Disbursement Definition & Explanation

6 min read

Disbursement is the payment of money to a third party in a specific period. This payment can be made directly by the entity that is obliged to pay, or the payment can be made to third parties on behalf of the principal by an agent, such as an attorney.

How to Improve your Credit Score

8 min read

A credit score merely tells lenders how trustworthy you are as a borrower. Here’s some tips on how to bump up your score to help get the best interest rates

Financial Planning: The Ultimate Guide

8 min read

Financial planning may sound intimidating—there’s a lot to cover, after all, including budgeting, retirement planning, and debt management. But it isn’t just a subject for money experts; anyone can get a firm grasp of all the concepts involved. This guide will give you insight into how to design your financial life for maximum sustainability.