Credit

Ciaran Griffin via Getty Images

Millennials Need Credit (But Don't Have It)

Stats show that millennials prefer to use debit cards to credit cards for their purchases. Millennials are the first generation to grow up with debit cards, which may explain this pattern. Several findings prove that this generation isn't fond of credit products. The reasons for this may be many, but the top may be controlling spending and fear of debt. This lack and hesitance to use a credit card among millennials is causing them more harm than good in the long run.
kieferpix via Getty Images

You Weren't Born To Pay Off Debt And Die

What you don't have to do forever is live with debt. You don't have to spend every month calculating how much you can afford to put towards debt repayment, while continuing to use credit, and staying in the never-ending cycle of borrowing money and trying to pay it back. It's not an easy cycle to get out of; I know that firsthand.
Alexandr Dubovitskiy via Getty Images

5 Money Hacks for Reducing Student Debt

The average Canadian comes out of school with around $27,000 worth of debt and, based on an entry level job, the monthly payment will take up a significant amount of your disposable income. When I graduated, I traveled Europe for three months and then bought my first condo. It was all because of the steps I had taken when I was in school. Make sure that you sow the seeds of your financial success now.
Getty

What I Learned The Week: Taking Credit Where Credit Isn't Due

Like guilt, there's an effect called "success by association," and people are willing to give you credit for things you were so far away and foreign to, you'd need a passport to make your way back in. When offered it, say thanks and let it make up for all the things you deserve credit for, but will never get. It will make others happier.
Getty Images

The Next Big Thing in Funding Innovation

While it took a few years after the financial crisis for financial services start-ups to get their business models refined to the point where they can come to market they are here now, and these alternative financial services technology companies are becoming viable and increasingly common sources of financing for entrepreneurs and small businesses.
Alamy

10 Tips to Prevent Identity Theft and Fraud

Every year thousands of Canadians fall victim to identity theft and fraud. March is Fraud Prevention Month. The good news is, by managing your personal information wisely, cautiously and with awareness of the issue, Canadians can help guard themselves against identity theft and fraud. This is why it is so important for us all to protect our personal information.
CP

Loonar Eclipse

For snowbirds looking to make their annual sojourn to southern U.S. climates, this recent weakness in the canuck buck couldn't have come at a worse time. My advice for those who are going to be looking to convert Loonies for greenbacks is to stagger those purchases over the next few months.