The Basics of Personal Finance: How to Manage Your Money and Plan for Your Financial Future


Personal finance can seem overwhelming and complicated, but it is essential to manage your money effectively to achieve your financial goals. Whether you’re saving for a down payment on a house, planning for retirement, or paying off debt, understanding the basics of personal finance can help you make informed decisions about your money. In this article, we will cover the fundamentals of personal finance, including budgeting, saving, investing, and managing debt.


The first step in managing your personal finances is creating a budget. A budget is a plan for how you will spend your money, and it should … Read more

TD shareholders urge bank to ditch or renegotiate First Horizon deal

Investors are turning cautious on the TD’s U.S. acquisition strategy

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TORONTO — Toronto-Dominion Bank should abandon or renegotiate its US$13.4-billion acquisition of U.S. lender First Horizon Corp. as the regional banking crisis has unearthed unknown risks, some small shareholders told Reuters.

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Bank of Canada interest rate hikes hit millennials, immigrants hard

Generational wealth gap at root of contrasting experiences

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Millennials and immigrants are bearing the brunt of the Bank of Canada’s aggressive interest-rate hikes. But baby boomers who own their homes outright aren’t likely to be feeling the pinch.


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RBC helped arrange US$5.4B of ‘sustainability-linked’ financing for coal mine operator – National

Royal Bank of Canada is one of many global lenders that want to show that being green isn’t only about the colour of money, but recent revelations about its investment in fossil fuel companies call into question its climate-action bona fides.

Global News has learned — from financial data firm Refintiv — that those arrangements include involvement in two significant credit lines to energy giant RWE, most recently in the news for its expansion of a coal mine in western Germany.

Data compiled in an analysis by environmental NGOs shows that since 2016, RBC is estimated to be the fifth-largest

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Stocks sink, yields tumble, oil prices steady: Stock market news today

U.S. stocks sank and oil prices held steady Tuesday as new data showed fresh signs of labor market cooling and declining factory orders from businesses.

The S&P 500 (^GSPC) declined nearly 0.6%, and the Dow Jones Industrial Average (^DJI) slipped around the same amount. The technology-heavy Nasdaq Composite (^IXIC) slid 0.5%.

Oil prices steadied, with WTI crude oil — the U.S. benchmark — wavering around $80 a barrel. After big gains Monday, oil was back in its four-month trading range after OPEC+ announced it would slash output by 1.16 million barrels per day.

On the economic front, vacancies at U.S.

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You’re Right, It Is Very Expensive to Finance a Car These Days

  • Average new-car prices aren’t getting any more reasonable, and if you’re someone who finances their vehicle, you’re probably wondering where all the money’s going.
  • The average APR for new vehicles financed in March was 7 percent, helping create a market where the average payment for a new car is, gulp, $730.
  • That’s bad, but the number of people paying over $1000 is also on the rise. In Wyoming, more than 25 percent of car shoppers who finance have payments that high. Sorry, truck shoppers.

The average price of a new car in the U.S. has been climbing, again, and at

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Is my bank safe from failing? Warning signs of financial trouble

A spate of bank failures in March may have more Americans on edge wondering just how safe their money actually is.

The stunning implosion of Silicon Valley Bank and Signature Bank ignited fears over a broader financial system meltdown and the threat of a domino effect among other mid-sized regional banks.

While the panic has begun to subside in recent days, experts suggest that risks remain.

“It’s very hard to predict the solvency or failure in any bank in the banking system,” Ben Johnston, chief operating officer

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