Estimated reading time: 6 minutes
The average price for electricity in Canada is around 17.4¢/kWh. If your apartment or house is averagely consuming around 1000kWh, your electric bill will be roughly $174. The average cost of utilities in Canada is $304.75 per month.Learn how your spending compares to national averages with our NEOs →
APR stands for Annual Percentage Rate. It's the yearly interest rate you pay on a loan or credit card. However, a credit card's advertised APR isn't the true interest rate because it compounds daily.Learn how to calculate the effective APR to find a credit card's true interest rate →
While you would be forgiven for being nose-deep in your books, it’s time to take a minute to reflect on how you’re managing your money. Do you have a budget? Or are you spending on the go?21 money-saving tips and tricks for students →
"If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed."
- Edmund Burke
Throughout history, the pursuit of happiness has been a preoccupation of humankind. Of course, we humans are not just content with measuring our own happiness, but also our happiness in relation to the people around us—and even other people around the world.Does money really buy happiness? Let’s find out →
Without emergency savings in place, an unexpected car repair or job loss could force you into debt and derail your goals.Do you have 3 months’ worth of expenses in your emergency fund? See your scorecard today →
Build and test your strategies with a fully-functional trading simulator, including stocks, metals, crypto and FX.Take your first steps into the investment world without risking losing any money →
The Canada Pension Plan enhancement – Businesses, individuals, and self-employed: what it means for youHow does the CPP enhancement affect you →
What artist is on the top of our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.