Dealing with the intricacies of personal finance is challenging for many in Canada. One has to deal with budgeting, savings, insurance, retirement plans, and estate planning. The situation is even direr in the current pandemic. People have lost incomes and business revenues in the face of the COVID-19 restrictions.
You can draw inspiration and guidance on personal finance by reading money blogs. Most of these blogs cover an array of topics. They include net worth posts, investment decisions, money lessons, and success stories. Below are some of the most outstanding personal finance blogs in Canada this year.
Million Dollar Journey
This blog has a 14-year reputation for having the best personal finance content. It was started by the legendary finance blogger Frugal Trader. Frugal Trader seeks to inspire other Canadians through his finance journey. At the age of 35, he had managed to hit a personal net worth of $1m.
The central theme of this blog is building wealth through saving and investing. Here, you’ll find articles on best investment decisions, tax strategies, how to generate passive income, and information on real estate. The blog has one post every week.
Money We Have
Money We Have is another pick for knowledge in personal finance and travel. Toronto-based blogger Barry Choi founded it. He covers a mix of personal finance topics. This includes bank accounts, retirement savings, planning for trips, and loyalty programs.
One distinguishing feature of this blog is that its tips are very practical. Ordinary Canadians can be able to put in place these tips. Besides, this blog will assist you in planning your next vacation on a budget. Barry encourages people to travel and see the world. He believes that you can go for a vacation without necessarily spending a fortune. He combines with a passion for traveling and personal finance to advise people about traveling on a budget.
Maple Money
This is another top blog that will make you achieve long-lasting financial freedom in Canada. This personal finance blog aims to help people make money, save money, invest money, and spend money. Initially, it was known as the Canadian Finance Blog.
The frequency of articles in this article is quite impressive. They post one post each day. Since 2009, they have been teaching people about investing and tax optimization, mortgages, insurance, savings, and taxes.
Other top personal finance blogs in Canada this year include Save Spend Splurge, Liquid Independence, and How to Save Money. Achieving personal finance goals is something attainable. One can change their perspective about personal finance in Canada by reading these blogs.
