The Supreme Court said in 1977 that having a car was a “virtual necessity” for anyone living in America. And by 1997, 43% of the country’s 16-year-olds had driving licences. But in 2020, the most recent year for which figures are available, the number had fallen to just 25%. Nor is it just teenagers. One in five Americans aged between 20 and 24 does not have a licence, up from just one in 12 in 1983.
The Canadian economy may be on track for a recession this year, but it won’t feel as severe as other downturns the country has experienced over the past few decades, according to Bank of Canada Governor Tiff Macklem.
When it comes to RRSPs, bad planning is not likely to get you arrested, but could affect your lifestyle later. Consider these ideas to improve the outlook for your RRSP savings.
The goal of gaining control over short-term finances is to give the individual present financial freedom. Again, this can be accomplished with financial literacy, but the wellness aspect means you need to feel like your finances are under your control as well.
From The Economist: How powerful new AI technologies transform economies
When you work smarter, not harder, procrastination can be your friend.
One month after you made your New Year’s resolutions, it’s easy to watch them slide down the drain when you have so much on your plate, but here’s one tool you can employ to reach your goals and make those new habits stick.
There are a surprising number of parallels between what happens on the field and how we manage our finances.
After three chaotic years, investors have several reasons to be cheerful about the world economy. In America inflation is tumbling, raising hopes of a “soft landing”, in which price growth comes under control without a recession.
We’ve all seen what self-made millionaires look like on TV, but it’s a lot more subtle than that. Brian Tracy researched what small daily habits these successful entrepreneurs adopted on their journey from rags to riches.