Money We Have

2 weeks ago | moneywehave.com | Barry Choi

If you look at your credit card statement, you'll notice that there's a minimum payment required each month. While paying just the minimum may be tempting, paying off your debt may take years while incurring significant interest charges. While you should always strive to pay the entire balance each month, it's also important to understand how minimum payments work. Credit card minimum payments are typically calculated as a percentage of your balance or a fixed amount, whichever is greater.

1 month ago | moneywehave.com | Barry Choi

Many people ask me what the right number of credit cards to have is, but there is no universal perfect number. The ideal number varies based on individual financial situations, spending habits, and financial/travel goals. While some may prefer one or two cards, others may benefit from several cards for various purposes, such as earning rewards, building credit, and taking advantage of welcome bonuses.

2 months ago | moneywehave.com | Barry Choi

Aeroplan, Air Canada's loyalty program, is one of my favourites because it offers me value and unique ways to save money on travel. Recently, I booked my family on a quick trip to Vancouver, and I found a great deal on flights when using my points. While frequent flyers are familiar with basic redemption strategies, there are lesser-known tricks that can significantly boost the value of your rewards.

Dec 31, 2024 | moneywehave.com | Barry Choi

Over the last year, Aeroplan has introduced some subtle changes to the program that will affect how you earn and redeem points. These changes close loopholes, making it harder for you to accumulate points quickly. In addition, flights are still much higher compared to 2023. Business class flights are still insanely high, and we're seeing less reward space for partner airlines. That said, if you adjust your strategy slightly, you can still travel for less.

Nov 21, 2024 | moneywehave.com | Barry Choi

Air Canada and Aeroplan have traditionally had great Black Friday deals, and this year is no different. From a worldwide seat sale to up to 50,000 back in Aeroplan points on hotel stay redemptions, you won't want to miss out on these deals. All the deals can be found on aircanada.com/blackfriday. You also need to register in advance for many of these offers, so please don't forget to do so. Air Canada Worldwide Seat SaleAs part of the Black Friday extravaganza, Air Canada has a worldwide seat sale.