Posts by Robb Engen
12 Tips To Save Money On Car Insurance
Canadians tend to be complacent when it comes to their finances. You bank at the same place where you first opened an account. You get your car insurance through the same company year-after-year, blindly accepting their annual increases because it’s a pain to shop around But the fact is we need to shop around regularly…
Read MoreWeekend Reading: Parenting Your Boomerang Kids Edition
This message is brought to you by BMO Wealth Management Are your kids moving back home because of high debt, a tough job market or maybe they’re just not ready to break out on their own? It’s a situation many parents face. The ‘boomerang generation’, so called for returning home after only a brief time…
Read MoreWhy Did You Choose Your Career?
Early on in my career, I had aspirations of running my own hotel, or group of hotels, somewhere in Canada or abroad. A decade working in the hospitality industry taught me a lot about running a business, leading people, and doing what it takes to succeed. I read every business and leadership book that I…
Read MoreThe Battle Between Your Present And Future Self
Determining your financial priorities is like having a battle between your present and future self. Decisions that make your present-self happy and content might have dire consequences for your future-self. Conversely, you don’t want to torture your present-self for the chance to be happy and prosperous in the distant future. We’re raising a young family and with…
Read MoreWeekend Reading: Visiting Seattle Edition
I went to Seattle this week for a work-related conference. We stayed at the beautiful Grand Hyatt downtown and had plenty of time to explore the city over the three days, including the famous Pike Place Market where we ate at Lowell’s overlooking the Olympic Mountains and Port of Seattle. I also went to my first major…
Read MoreFinding The Right Card To Reap The Rewards
Canadians have a myriad of options when it comes to choosing the right credit card for their spending needs. Rewards credit cards are increasingly popular as consumers look for ways to earn travel points or cash back on their everyday purchases. Readers often ask me which credit card is best. The answer is that it…
Read MoreA Savings Account That Rewards Inertia
Canadians have few reasons to save these days. Cheap borrowing coupled with feeble returns on your savings deposits makes it hardly seem worthwhile to park your cash in a savings account. Some banks have decided to punish savers even further by charging fees just for moving your money around. Gaining Momentum Through Inertia But one…
Read MoreWeekend Reading: Calgary Zoo Edition
I mentioned last month that my passport had expired several years ago and that I wanted to renew it with the expectation of more family travel in the near future. As it turns out, I have the opportunity to attend a conference in Seattle next week and so I needed to expedite my passport application so…
Read MoreFed Up: Latest Fee Grab Enrages Banking Customers
For years Canada’s big banks have walked all over their retail customers without fear of repercussion. They’ve raised account fees and hiked minimum balance thresholds at will, invented new charges for moving our money around, and generally nickel-and-dimed us to death just because they can. Related: 10 fees you can avoid Banks get away with…
Read MoreWeekend Reading: Online Lending Edition
Last year, online investing platforms – often called robo-advisors – set up shop in Canada to try and revolutionize the way we invest. Now, online marketplace lending has arrived with hopes to change the way we bank and borrow money. Marketplace lending, which has been growing in popularity in the United States for nearly a…
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