Sophie Wilson

The Canadian equities market extended its upward trend on Monday, supported by positive investor sentiment after the Federal Reserve’s significant interest rate cut. This marked the third consecutive session of gains, pushing the S&P/TSX Composite Index up by 27 points to close at 23,895, achieving a new all-time high. Sectors Lifting the TSX Index Despite Continue reading

Listening to podcasts has become a favorite pastime for many, myself included. Whether I’m cooking, cleaning, or gardening, I grab my earbuds, tune in to my favorite podcast channels, and let the stories and insights wash over me. It’s a fantastic way to learn new things while multitasking. But have you ever wondered what’s in Continue reading

I used to wonder how to make $200 in one day from home. Pregnant with my son, I wanted to stay home when he was born. If I could make $200 a few times a month, I could help my husband with groceries and baby needs. My ultimate goal was $3,000 a month—almost double what Continue reading

Personal finance is, well, very personal. Each of us is at different points and circumstances in our financial lives, facing unique struggles and coping mechanisms. Despite these differences, one common thread binds us all: the desire for financial success and freedom. We aim to earn enough money to live on our own terms while securing Continue reading

When you think of financial freedom, images of luxurious vacations, dining at fine restaurants, and indulging in extravagant purchases might come to mind. However, financial freedom is a deeply personal concept that varies from one individual to another. Understanding Financial Freedom For some, it means the ability to buy anything they desire, like their dream Continue reading

Usually, I like to investigate ways that you can make money or save money. But today, I want to approach saving money from a slightly different perspective. This time, I want to help you recognize bad habits that might be dragging you down financially. Most of us have at least a few bad habits. You Continue reading

If you’ve stumbled upon this post, chances are you’re wondering how to spend your money wisely. Congratulations! Researching how to allocate your funds indicates a desire to invest in things that enhance your life. I prioritize my physical and mental health, financial freedom, and overall happiness for my family. While occasional indulgences are fine, I Continue reading

Over the years, I’ve gained invaluable insights into personal finance, often through hard lessons. If there’s one concept I wish I had understood earlier, it’s the significance of a sinking fund. In this article, we’ll explore what a sinking fund is, how it differs from an emergency fund, and how to set one up effectively Continue reading

Feeling stressed about your finances is a common concern for many people. If you find yourself constantly worrying about money, it might be time to consider starting a budget. A budget can help you take control of your finances and work towards your financial goals, whether that’s saving for a big purchase or simply achieving Continue reading

The decision of when to start taking your Canada Pension Plan (CPP) is a significant one for many Canadians. While the average Canadian typically begins collecting CPP benefits at around age 65, a substantial number choose to start as early as age 60, and a smaller percentage wait until age 70 to maximize their benefits. Continue reading