Technology-driven asset management companies are redefining the wealth management industry. The term “robo-advisors” is no longer an alien term, with more and more people joining the automated-investing bandwagon. Since their inception in 2008, robo advisors have come a long way from being a financial advisor’s tool to the preferred method of investing among regular investors.
It isn’t always easy to spot misinformation because of the volume of money myths going around. Therefore, there’s no greater time than the present to debunk myths that have impacted how people use credit, save money, and make investments. In no particular order, here are ten of the most popular money myths!
For a large of number of Canadian homeowners, a portion of their monthly mortgage payment goes toward a mandatory CMHC (Canada Mortgage and Housing Corporation) fee. It is automatically added to the payment to cover mortgage default insurance. The result is an increase in the amount due every month. But there are creative ways to lower or avoid CMHC insurance for those who are required to have it in place.
Entrepreneurs always have their plates full; let it be the sales, accounting, marketing of their business, or personal life. Since everyone has a limited number of hours in any given day, it is critical to use your time strategically. Smart money always suggests using tools for day-to-day business operations. Our team decided to list business tools that can make an entrepreneur’s life a little more easy.
College is a confusing period of life, and it is quite easy to get carried away. While we do not suggest having fun, practicing a little financial restraint could go a long way in your financial success as adults. Here are some simple financial tips that will keep you ahead financially.
Let’s find out how Swagbucks can help you earn as well as save money! Swagbucks is a website that offers rewards to its users for doing simple daily activities, such as surfing the internet, watching videos, filling surveys and more!
When it comes to debt, you can always hear different opinions. Some financial experts are strong supporters of the zero-debt life, whereas others suggest taking a hybrid approach. Here’s a short exercise that can help you choose the most suitable option.