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

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.

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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.

Collateral Definition & Explanation

5 min read

Collateral is any property or asset that is given by a borrower to a lender in order to secure a loan. This guide will show you how collateral is defined as an assurance that the borrower will repay the lender the amount owed, plus interest.

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.

529 Plans: What They Are and Why You Want One

8 min read

Cash Flow Statement Explanation & Example

6 min read

The cash flow statement is one of three key financial statement for a company. The others: income statement and balance sheet. The changes in cash flow for the period covered by the statement generally come from information found in the income statement and balance sheet.

Trust Funds Explained

8 min read

Whenever you hear the word trust fund, you might envision some spoiled kid who’ll never have to work a day in their life. You might think trust funds are just for the ultra-wealthy. But as with so many personal finance topics, it’s more complicated than that.