Author: Robert Jessi

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Cheif finance content and platform manager.

What are prediction markets? Prediction markets allow investors to bet on the outcome of real-world events like whether Canada’s inflation rate will rise in a particular period, who will win an election, or which team will come out on top after a sporting match. The topic they’re betting on usually has a fixed number of outcomes and poses a yes-or-no question. Investors put their support behind one of the outcomes by purchasing corresponding contracts, usually for less than $1. The more people who bet on one of the outcomes by purchasing a contract, the higher the purchase price will be.…

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Education is expensive, homeownership is delayed, careers have evolved. There’s a new set of milestones for financial adulthood, and timelines have changed. The first goal for young people starts when they land a job, according to Chris Merrick, principal at Merrick Financial and a fee-only financial planner in Toronto. As soon as you get a paycheque, you need to draft a budget. “Budgeting is more of a tool than a chore,” Merrick said. “The new normal is that a budget is less of a sign of financial struggle, it is more like financial literacy, because cost of living, housing is…

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But there’s another talking point that’s dominated headlines: the insidious cost of attending a game. A culture of expensive sport It’s already more expensive to attend major sporting events in North America than the rest of the world, and soccer’s governing body appears to have taken inspiration from some of the worst practices on the continent.  FIFA implemented dynamic pricing, a system where prices rise as demand grows. And to top it off, the governing body took charge of the resale market, too. It’s a move reminiscent of music ticketing giant Ticketmaster, which controversially operates in primary and secondary markets.…

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Managing your money doesn’t have to be stressful—or expensive. Whether you’re looking to pay down debt, stash away savings, or simply stay on top of monthly expenses, budgeting apps can make your financial goals more achievable. The best part? Many of the most effective tools out there are completely free. Here’s a look at the top free budgeting apps in 2025 that can help you master your money without spending a cent. 1. Mint (by Intuit) Perfect for: Beginners who want everything in one place What makes it stand out:Mint remains one of the most popular budgeting apps around thanks…

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A good credit score is essential for financial health. It impacts everything from loan approvals to interest rates, and can even affect your ability to secure housing or insurance. If you’re looking to improve your credit score quickly, there are effective strategies you can implement. Whether you’re planning to apply for a loan, buy a home, or just want to boost your financial standing, improving your credit score is a crucial step. In this article, we’ll explore proven methods on how to improve your credit score quickly and provide tips for long-term financial success. What Is a Credit Score? Before…

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When traveling internationally, managing your money and understanding the best ways to spend Canadian Dollars (CAD) can significantly affect your budget. As a Canadian traveler, there are several options for spending CAD abroad, from currency exchange to prepaid cards, credit cards, and even mobile payment systems. In this comprehensive guide, we’ll walk you through the most effective and affordable ways to spend your Canadian Dollar (CAD) while traveling abroad, ensuring you have the best experience without breaking the bank. 1. Understanding Exchange Rates and Fees Before diving into the options for spending CAD abroad, it’s important to understand exchange rates…

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In Canada, both credit unions and traditional banks play crucial roles in the financial system, providing individuals and businesses with a range of financial services. While they share similarities, such as offering savings and checking accounts, loans, and investment products, there are key differences between these two types of institutions. Understanding these differences can help consumers make informed decisions about where to manage their finances. This article delves into the history, structure, services, benefits, and challenges of credit unions and traditional banks in Canada. 1. Historical Background Traditional Banks:Traditional banks in Canada have a long history, with the first bank,…

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