What You Can Learn About Investing From a Guy Who Made 3089% on His Ethereum Investment (…Sort Of)

What can you learn about investing from bitcoin?

Bitcoin and Ethereum sound like total science fiction topics, but they’ve been getting a lot of attention in the finance community this week. To make a very long story very short, they’re cryptocurrencies – ways to exchange value that don’t rely on a central authority, like a bank, and that use entirely distributed systems to function. Like if a Canadian dollar was all of a sudden an internet dollar, and answered to nobody. Kind of like that. They’ve been making headlines because both currencies (Bitcoin and Ethereum) are experiencing massive growth. Case in point: “Ethereum hits another record high after … Read More

You Don’t Need to Buy a House

Do you need to buy a house? (No)

So yes, I am all aboard team bought-a-house – but you don’t need to buy a house to save money, earn money, or be a “real adult”. I promise. First, let me step back and give you some context on how and why I bought a house, so we’re all on the same page here. I bought a house with a partner. I have been saving for a house for four five years. I have never wanted anything more. My partner and I are committed to staying in this house long-term. And we’re clear on the fact that this house … Read More

How to Get Pre-Approved For a Mortgage (Even If You Have No Idea Where to Start)

How to get pre-approved for a mortgage - even if you have literally no idea where to start.

I feel like the catchphrase of a first-time home-buyer is “I had no idea that was A Thing,” so I’ve teamed up with BMO to break down some of the key things you need to know going into the whole buying-a-house process over the next few weeks. Up first is one of my personal favourite parts of the process: Getting pre-approved for a mortgage. See, I loved the process, because it involved talking about budgets, printouts of my financial details, and at the end of it, my mortgage specialist commended me on how well-prepared I was. Getting gold stars is … Read More

The Secret to Finding Your Magic Money Number

How to find your magic money number

Hey friends! Since I’m still working through the Quick Budget Fix with the first round of students, today I want to introduce you to Alyssa from Mixed Up Money, AKA my internet money BFF. She is absolutely hilarious, and was kind enough to let me republish her amazing take on a different type of “emergency” savings – and how to figure it out for yourself. Take it away, Alyssa! Ah, your magic number. The mysterious dollar amount that keeps your savings account from turning into an “I went over budget on my entertainment spending – again” account over and over … Read More

Five Things To Do Before Buying a House

Five things to do before buying a house, especially if you're a first-time buyer.

Looking for a list of things to do before buying a house? I’ve got you covered based on my own personal experiences, because fun story: we just bought a house! And yes, almost everyone guessed this already from my not-so-cryptic tweets about taking money out of my EQ Bank savings account, and about having big news, and literally every DM I sent screaming about buying a house… but whatever. Just withdrew money from my @EQBank account and it was as easy as I've always promised people it would be! Also, bye, money. — Desirae Odjick (@half_banked) March 4, 2017 TFW a … Read More

When is $150 More Than $150?

As part of RBC's #Make150Count campaign, I asked: when is $150 worth more than $150?

So I talk a lot about money (duh) but today, I want to talk about a very specific amount of money. $150. If someone handed you $150, what would you do with it? If you’re not that inspired by that question, try this one: What could you do with it? That’s the question RBC has been asking young Canadians – specifically, 3,000 of them – as part of their #Make150Count campaign. Better yet, they’ve actually been putting up the $150, no strings attached, for those young people to go and act on what they could do with $150. Pro tip: … Read More