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Top 10 Best Canadian Millennial Money Blogs in 2024

best canadian millennial money blogs

The traditional plan for wealth accumulation, characterized by going to college, securing a job, buying a home, and retiring on a pension, seems no longer feasible for millennials. This is due to the stagnation of wages and escalation of housing prices, which have disturbed this customary method. As a result, numerous millennials are compelled to conceive creative and non-standard strategies to support themselves financially and maintain their lifestyle.

To share their wealth-building strategies, many millennials have started financially-focused blogs. In this article, we will take a look at the 10 best Canadian millennial money blogs. These blogs offer insights into how millennials are navigating their finances and building wealth in new and innovative ways.

Millennial Revolution

Millennial Revolution is a personal finance blog run by two engineers who go by the pseudonyms “FIRECracker” and “Wanderer”. The blog focuses on the Financial Independence Retire Early (FIRE) movement, which emphasizes frugal living, saving, and investing in order to achieve early retirement. The authors of Millennial Revolution were able to retire in their early 30s by building a 7-figure investment portfolio. They now live off small withdrawals and dividends from this portfolio. The blog provides insights and advice on how to achieve financial independence and retire early.

Money After Graduation

Money After Graduation is a Canadian millennial money blog that covers a wide range of personal finance topics. Their main focus is to help their readers pay off debt, save money, increase their income, and invest in the stock market. They provide reviews of popular financial tools, advice on saving and budgeting, as well as tips on earning and news. Money After Graduation is not limited to just their blog, they also have a presence on Facebook, Twitter, TikTok, YouTube, and Instagram. Whether you prefer to read or watch, Money After Graduation is a great resource for anyone interested in improving their financial situation.

Young And Thrifty

Young And Thrifty was founded by Kyle Prevost and Justin Bouchard with the aim of improving financial literacy among their peers. Although the two founders have left the Canadian blog, a new team of personal finance experts now writes on a weekly basis. They cover a wide range of topics, including budgeting, investing, and credit card reviews.

My Life I Guess

My Life I Guess is a personal finance blog by Amanda Kay who shares her own experiences and mistakes in managing her finances and career. According to Amanda, she has made several mistakes, including accumulating $53,000 in debt, working 11 different jobs in 10 years, and building $25,000 worth of credit card debt while living paycheque-to-paycheque. However, she has always been able to overcome these challenges and turn them into learning experiences.

One of Amanda’s successes is using her experience hunting for jobs to land a job as an employment specialist. Her blog aims to help readers avoid making similar mistakes and to share tips and strategies for managing their finances and career.

For those interested in earning cash and rewards for giving their honest feedback, Amanda recommends joining Branded Survey, which has over 3 million users. Users can sign up for free and answer a few basic questions to be matched with surveys.

The Outlier Model

The Outlier Model is a Canadian millennial money blog that was founded in 2007 by Jenny Smedra and Maria Rodriguez. The blog is now part of District Media Group and aims to provide personal finance news and advice that informs, empowers, and educates its readers. One of the standout features of The Outlier Model is its “Money Toolkit” section, which offers a wealth of resources to help improve financial health. These resources include personal finance forums, credit check tools, and money management tools. The Outlier Model is a valuable resource for anyone looking to take control of their finances.

Half Banked

Half Banked is a personal finance blog that focuses on mastering four key skills to take control of personal finances: spending, budgeting, saving, and investing. The blog provides content that revolves around these four pillars, making personal finance seem easy to grasp. Half Banked also has a section for “Resources,” which outlines the tools the author uses to manage their money. The website’s philosophy is that by mastering these four key skills, anyone can achieve good financial shape. Overall, Half Banked provides a clear and knowledgeable approach to personal finance.

Jessica Moorhouse’s Blog

Jessica Moorhouse, a certified financial counsellor and host of the More Money Podcast, maintains an active blog that covers various topics related to personal finance. Her blog is a go-to resource for millennials seeking financial advice and guidance. In addition to her blog, she is also active on YouTube and has a podcast with over 300 episodes. Her blog is known for its informative and engaging content that helps readers navigate financial challenges and make informed decisions. Jessica’s blog is a valuable resource for anyone looking to improve their financial literacy and take control of their finances.

Teen Learner

Teen Learner is a blog that is dedicated to helping teenagers learn the basics of personal finance. The blog emphasizes the importance of learning financial skills at a young age to avoid costly mistakes in the future. The blog focuses on four main pillars of personal finance, which are earning, saving, spending, and learning. The author believes that by mastering these four pillars, teenagers can set themselves up for a successful financial future. Teen Learner provides valuable insights and tips on how teenagers can improve their financial literacy and make informed financial decisions.

Bay Street Blog

Bay Street Blog is a millennial-focused personal finance blog in Canada that covers a wide range of topics. The blog’s personal finance section provides readers with information on various aspects of personal finance, including debt, mortgages, taxes, and career advice. However, the Bay Street Blog has a particular focus on investing and offers extensive resources on the topic.

Under the investing section, readers can find information on real estate, DIY investing, and robo advisors. The DIY investing section covers topics such as forex, exchange traded funds (ETFs), stocks, mutual funds, and tax-free savings accounts (TFSAs). This section provides readers with valuable information on how to invest their money wisely. If you are a millennial interested in investing, the Bay Street Blog is an excellent resource to explore.

Squawkfox

Kerry Taylor, the founder of Squawkfox, is a financial journalist, author, money influencer, and speaker. Squawkfox is a millennial money blog that aims to increase readers’ health, wealth, and happiness. The blog’s motto is “don’t aim for perfection, aim to get started,” which is particularly relevant in personal finance. Squawkfox provides articles on various financial topics, including saving money, investing, and debt management. The blog has gained recognition and was ranked third in the Globe and Mail’s Best of the Money Blogs results. Kerry Taylor is also the owner and writer of Squawkfox, which is one of the world’s best personal finance blogs. Squawkfox offers practical advice and tips to help readers improve their financial situation.

Frequently Asked Questions

What are some of the top Canadian personal finance blogs for millennials?

There are several Canadian personal finance blogs that are popular among millennials. Some of the best ones include:

  • Squawkfox
  • Boomer and Echo
  • Jessica Moorhouse
  • Half Banked
  • Canadian Budget Binder

Who are some of the top Canadian financial gurus for millennials?

There are many Canadian financial gurus who offer advice and guidance to millennials. Some of the top ones include:

  • Gail Vaz-Oxlade
  • Rob Carrick
  • Preet Banerjee
  • Melissa Leong
  • Bruce Sellery

What are the best Canadian investing courses for millennials?

Investing courses can help millennials gain knowledge and confidence in investing. Some of the best Canadian investing courses for millennials include:

  • Canadian Securities Course (CSC)
  • Personal Finance Essentials
  • Wealthsimple Invest
  • TD Direct Investing
  • Questrade

Which Canadian finance Instagram accounts are worth following for millennials?

Instagram can be a great platform for millennials to learn about personal finance. Some of the best Canadian finance Instagram accounts for millennials include:

  • @moneyaftergrad
  • @thepennyhoarder
  • @youngandthriftyca
  • @jessicamoorhouse
  • @myfabfinance

Are there any Canadian millennial money coaches you would recommend?

Money coaches can help millennials create a personalized financial plan and achieve their goals. Some of the best Canadian millennial money coaches include:

  • Shannon Lee Simmons
  • Bridget Casey
  • Sandi Martin
  • Janine Rogan
  • Krystal Yee

What are some of the most informative Canadian finance YouTube channels for millennials?

YouTube can be a great source of financial education for millennials. Some of the most informative Canadian finance YouTube channels for millennials include:

  • The Financial Diet
  • Jessica Moorhouse
  • Wealthsimple
  • MapleMoney
  • The Plain Bagel

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