The dreaded “What are your weaknesses?” question has been a thorn in the sides of all interviewees who don’t know how to answer it. Should you be honest and risk coming across as unqualified? Should you say you have no weaknesses and come across as arrogant? We selected these weaknesses because they’re common enough to be relatable yet can be easily transformed into signs of a candidate’s dedication to improvement. We avoided traits that are […]

Whether we like it or not, tipping is here to stay, although it’s taken a different form than what’s historically been presented. Recently, customers, shoppers, and diners met in an online discussion to reveal the times they realized tipping culture had gotten entirely out of control.  1. The All-You-Can-Eat Buffet Inflation, food cost When your local buffet chain restaurant begins pushing you to tip amounts usually reserved for full-service restaurants, you know diners will have […]

As technology changes and evolves, people develop a range of new skills and knowledge. Equipment and devices exist these days that were perhaps inconceivable just a few decades ago.  However, as old replaces new, certain objects become obsolete, with younger people having little idea of how to operate some objects from yesteryear. Technology can also perform a variety of tasks that once had to be done manually, leading to further lost skills. For example, typically […]

Car insurance is a necessary but often expensive part of car ownership. Balancing this monthly expense alongside other financial responsibilities can be challenging, especially when unexpected situations arise. This article will explore three practical tips that can help you manage and afford your car insurance payments more comfortably each month.   Understanding Insurance Bad Faith   Encountering insurance bad faith can be a significant financial burden, adding stress to the already complex process of managing […]

Bankeronwheels.com Broker Review Methodology When choosing a broker, investors face a myriad of considerations, from safety measures to fee structures and beyond. Bankeronwheels.com takes a unique approach to broker comparison, designed with the discerning investor in mind. Here’s how we guide you through making an informed decision:We Focus On Wise Investors – We assess brokers based on typical requirements of our readers, that prioritise long-term compounding, safety and low fees. We penalise brokers that have riskier business models, not enough capital or/and focus on niches such as overpriced speculative instruments. 👉 Read how we define wise investors.We Categorise Brokers Into 5 Groups – Investors may have different priorities given the size of their portfolios and overall goals. For beginners, a low-cost Tier 2 broker may be appealing, while an investor with significant assets may prioritise safety and a broker within a banking group or Tier 1 category.  👉 Read who we categorise brokers.We Provide Safety Considerations – We offer safety considerations to help users make informed decisions. But, we have no safety sub-score. The omission of safety scores is deliberate, as assessing the safety of a broker involves a complex array of factors – often requiring access to private information – including financials and operational data. Instead, our goal is to highlight some safety and transparency considerations that typically go into Probability of Default / Loss Given Default estimations.  👉 Read how we approach safety. KEY TAKEAWAYS OUR TWO ASSESSMENTS. Each broker is given two assessments – An absolute score called Broker Score and a relative score called Category Ranking: 1. Broker Score is an absolute score and has three components:Company sub-score –  evaluates brokers based on objective inputs into typical likelihood of survival assessment, transparency, and business risks, focusing on factors like banking affiliation, transparency measures, risk mitigators, and the nature of their product and service offerings, without providing specific safety scores.Fee sub-score – We assess the impact of recurrent fees, such as custody and inactivity fees, on long-term compounding, differentiating between one-off and ongoing charges.Platform sub-score – Key considerations for all investors include easy share transfers, availability of UCITS ETFs or automated investing, alongside specialised needs such as U.S. ETF, mutual fund and bond access or derivatives markets.2. Category Ranking – is a relative rating comparing each broker within their own category. The ranking components have the same inputs as the Broker score, but the weights change. For example, investors choosing Tier 2 Brokers typically invests smaller amounts and prioritise fees and platform/tax handling over company track record as they are fully covered by National Investment Protection Schemes.

Credit card debt affects millions of Canadians, with Equifax reporting the average Canadian carries more than $4,300 in credit card debt. Yet many misconceptions persist about how credit cards work and the best ways to manage credit card debt. These myths can lead to poor financial decisions and make it harder to deal with overwhelming debt. Let’s examine common credit card debt myths and uncover the facts you need to know. Myth #1: Credit Card […]

How can a curious person determine the best and worst ways money is spent in a year? By reviewing a budget, of course! There’s value in looking back to gather insights, like a coach reviewing past footage to suggest improvement to their talented athlete. Reviewing helps us to gauge what’s valuable and identify lost opportunity. The post The Best and Worst Purchases: 2024 Spending Insights appeared first on Budget Life List.

The 12 Secrets to Financial Self-Care for Women (You Won’t Believe #6)   February. The month of love. Red roses, heart-shaped chocolates, and couples gazing lovingly into each other’s eyes while I aggressively scroll through TikTok on my couch.  Just kidding…mostly.  But let’s be real, while all that romantic stuff is cute and all, this year, I’m all about making sure to show MYSELF some love. And in my world, that love comes in the […]