The Importance of an Emergency Fund

Mohamed Konate


Mohamed Konate is a personal finance expert and blogger with years of experience in the Canadian financial industry. As a former financial services professional at major institutions, he developed a deep understanding of the financial challenges facing everyday Canadians. Passionate about helping others achieve financial success, Mohamed shares his insights and knowledge on this blog. He holds a Bachelor and a Master in Business Administration from universities in Quebec.

Read more from the author

Published by Mohamed Konate | Updated Nov 24, 2023
The Importance of an Emergency Fund
Reading Time: 4 Min Have you ever heard the phrase, “save for a rainy day?” You probably heard it from a friend, parent or family member at some point in time. A rainy day is an unexpected event in the future that will likely impact your finances. For example, losing your job or an unforeseen sickness. An emergency fund… Continue reading The Importance of an Emergency Fund
Read Article
Published by Mohamed Konate | Updated Nov 24, 2023
Fairstone Loans Review 2023
Reading Time: 5 Min Fairstone has been in business in Canada since 1923. They offer alternative lending solutions. Alternative meaning that, they are not a traditional bank, but rather a financial services company. They offer higher interest rates than banks, but lower than payday lenders. With over 240 branches and a wide range of retail and auto partners, Fairstone… Continue reading Fairstone Loans Review 2023
Read Article
Published by Mohamed Konate | Updated Nov 24, 2023
How to Cancel a Credit Card
Reading Time: 4 Min Credit cards are one of the most common, convenient, and accessible forms of credit. As long as you have a decent credit score, you can access a credit card. In the case of individuals with poor credit, you can still access a secured credit card. Most credit cards have higher than average interest rates, normally… Continue reading How to Cancel a Credit Card
Read Article
Published by Mohamed Konate | Updated Nov 24, 2023
What is the Difference Between a Store Card and a Credit Card?
Reading Time: 3 Min   Have you ever been in your favourite store and someone approaches you, clipboard in hand asking if you’d like to apply for a store card? Or maybe you tried to pay for your purchase using a credit card and the cashier suggests applying for a store card? While you might think this is the… Continue reading What is the Difference Between a Store Card and a Credit Card?
Read Article
Published by Mohamed Konate | Updated Nov 24, 2023
Best Personal Finance Books of 2023
Reading Time: 6 Min Best Personal Finance Books You Should Read to Grow & Establish Wealth Personal finance is among the hottest topics of the 21st century. There are several reasons why personal finance knowledge is heavily sought after. For one, the economic playing field has changed drastically over the last 100 years. It is also more onerous on… Continue reading Best Personal Finance Books of 2023
Read Article
Published by Mohamed Konate | Updated Nov 20, 2023
Student Loans Guide Canada 2023
Reading Time: 6 Min Thinking about pursuing a postsecondary degree but wondering how to get the money to do so? Most people do not have the money to pay for their college experience upfront, which is where student loans come into play. A college degree is one of the most expensive things you will ever purchase, and it can… Continue reading Student Loans Guide Canada 2023
Read Article