Financial coach shares five ways you can improve your finances from home right now
It may sound counter-intuitive, but Lester sees now as a good time to start a new business.
Additionally, he said, many companies and Canadians are now looking to support businesses that are local to them.But that isn't the only place where investors might be able to find a bargain during an economic downturn, Lester said, noting that the shutdowns may leave many Canadians spending less than they were before the pandemic.
"In 2009, anyone who was actually buying stocks or homes, any kind of asset way back then, they did really well. The same kind of philosophy applies here."Canadians collectively own billions of unused loyalty points, Lester said, and there's an obvious reason why airline rewards points might not be top-of-mind at the moment.However, there are options other than holding onto those points or using them to book flights.
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