News & Resources

RATESDOTCA Best of Finance 2012: Consumers' Choice Winners!

Jan. 7, 2013
3 mins
A woman holds up her coffee mug and stares out the window as she works on her laptop

The people have spoken! To kick off the first annual Best of Finance Awards, we asked Canadians: Who’s on top when it comes to personal finance resources? And answer you did, filling us in on your picks for the best blogs, books, news and more.

Presenting your picks for the RATESDOTCA Best of Finance Consumers' Choice:

Best Blogs

Looking for some money-saving inspiration? How about some creative ways to cut corners - or perhaps a personal account of investing for the first time? Personal finance has exploded within the blogosphere and for good reason - Canadians are looking to gain insight to successful money management habits.

Personal finance blogs take finance education out of the institution and offer a whole new personal and easily accessible approach. Here are your picks for favourite personal finance bloggers (yours truly excluded, of course).

Best Blogger: Frugal Living: Young & Thrifty

Best Blogger: Investing: Canadian Finance Blog

Best Personal Finance Social Media

Like and learn - personal finance enthusiasts need turn as far as their favourite Facebook or Twitter profile to get their fix. We rounded up the most dynamic and engaged social media personas - here are your faves.

Best Social Media: Facebook: Mint.com

Best Social Media: Twitter: @rcarrick (Rob Carrick, Finance Journalist, Globe and Mail)

Best Budgeting Apps

These days balancing your budget can be done with the touch of a button and on the go. A whole slew of apps are available allowing one to track their spending in store, pay bills on the fly - even keep a close eye on a stock market portfolio. Here are the most popular picks for both iPhone and Android smartphones.

Best Budgeting App: iPhone: iWallet

Best Budgeting App: Android: Mint.com

Personal Finance Books

Looking to brush up on investing strategies, or start your tyke early on the value of money? The nearest bookstore is chock full of personal finance resources penned by top economists and experts. Pick from one of these tried and tested tomes the next time you’re looking for an enlightening read.

Personal Finance Books: Kids: Money Smart Kids by Gail Vaz Oxlade

Personal Finance Books: New Earners: The Wealthy Barber: David Chilton

Personal Finance Books: Investing: The Lazy Investor by Derek William Foster

Mortgage Moments: The Biggest Mortgage Headlines

2012 can only be described as a tempestuous year for the Canadian mortgage market, as buyers saw their affordability slashed, sales headed south and threats of rising interest rates. It was this summer’s CMHC rule changes, however, that most grabbed the attention of readers.

The Most Popular Mortgage Feature

When it comes to buying a home, what do Canadians care about most: a low rate, great prepayment options, a long rate hold, or big bank availability? Turns out, money talks - the lowest rate won out by a whopping 53.3% of poll takers.

Best Credit Card Feature

When it comes to credit cards, are rewards really worth it? Turns out they are - 67% of poll-takers said points, miles and cashback provided more incentive than low interest or low balance transfer offerings.

Best Rewards Credit Card Feature

How would you like to be rewarded today? According to Canadians, cash is king, with 61.5% preferring a cash back rewards system over travel or specialty options.

Penelope Graham

A first-time homeowner and newbie investor, Penelope Graham is the quintessential millennial, navigating the world of personal finance and wealth management. A self-professed monetary policy nerd, she follows the often-controversial housing market closely and specializes in mortgage, credit card and personal finance news.

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