Tom Drake on Muck Rack

Tom Drake

Airdrie, Calgary, Canada
As seen in: Get Rich Slowly, Maple Money, Retire Happy, Yahoo, Arizona Daily Star, Business.com, The Good Men Project, AllBusiness.com, LowestRates.ca, RATESDOTCA, Million Dollar Journey, Canadian MoneySaver, The MapleMoney Show
Covers:  Personal finance, investing, retirement, frugality, and side hustles.
I'm Tom, father to 2 boys and founder of @MapleMoneycom. Writer/Editor at @getrichslowly @RetireHappyBlog I live in #Airdrie #YYC.

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Tom Drake’s Biography

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My name is Tom Drake. I live in Airdrie, Alberta, Canada, just outside Calgary.

I’m a financial analyst for a major Canadian retailer by day and an online entrepreneur by night. As the founder of MapleMoney, I’m a personal finance expert and the President of Drake Media Inc. My goal is to share what I’ve learned to help Canadians better manage their money. I'm also the Editor-in-Chief at Get Rich Slowly, one of the longest-running and most influential personal finance blogs on the web.

I speak …

Tom Drake’s Journalist Portfolio

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Buying a Home? Here Are 5 Ways to Save for Your Down Payment

Buying a Home? Here Are 5 Ways to Save for Your Down Payment

Canadians feel that now is the time to enter the housing market, but as housing prices rise, here are some st…

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Everything You Need To Know When Putting A Down Payment On A House - Edison Financial ULC

Everything You Need To Know When Putting A Down Payment On A House - Edison Financial ULC

One of the first things you want to consider before buying a home is how much your down payment will be and w…

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Guide to COVID-19 Relief for Small Businesses

Guide to COVID-19 Relief for Small Businesses

The financial impact of the global COVID-19 pandemic on Canadian small business has been enormous, and it's s…

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Debt Settlement vs. Bankrupcty & Consumer Proposal

Debt Settlement vs. Bankrupcty & Consumer Proposal

Have you ever pit debt settlement vs. bankruptcy vs. consumer proposal? Getting to know each one intimately p…

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15 best paid survey sites in 2020

15 best paid survey sites in 2020

If you have some spare time and are looking for ways to make a little extra money, you could try filling out …

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Passive income ideas you can try today

Passive income ideas you can try today

It’s important to note that passive doesn’t mean easy. It takes time, but if you’re patient, the payoff can b…

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Articles

Does the Executor of a Will Get Paid an Executor Fee?

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By Tom Drake, Doug Runchey, Jim Yih, Colin Graves
| Retire Happy
Most people know they need to appoint an executor when making a will, but they may not realize that all executors are entitled to compensation from the estate assets, provided they fulfill their responsibilities. So, what is a reasonable allowance for your executor, and how do you ensure they receive proper compensation from your estate? After all, you will be gone. In this article, I’ll explain how executor compensation works and how much executors can expect to be paid.
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7 Best Airport Lounge Access Credit Cards in Canada

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By Tom Drake, Doug Runchey, Jim Yih, Colin Graves
| Retire Happy
Navigating through airports can be a stressful experience, but a comfortable and relaxing airport lounge can make all the difference. One of the easiest and most affordable ways to access an airport lounge is with a credit card that offers complimentary airport lounge passes. But which travel credit cards in Canada include airport lounge passes, and which lounge networks are included? In this article, I’ll cover seven of the top airport lounge access credit cards in Canada.
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Converting your RRSP to a RRIF: What you need to know

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By Tom Drake, Doug Runchey, Jim Yih, Colin Graves
| Retire Happy
When planning for retirement, Canadians often turn to registered retirement savings plans (RRSP) as a tax-advantaged option to grow their money. After all, RRSPs are designed to help you accumulate retirement wealth. However, as you near retirement, knowing when and how to convert your RRSP into income using a Registered Retirement Income Fund (RRIF) can ensure a steady income stream throughout your golden years.
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Interview

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Have you ever used a typewriter?

I've only used a typewriter as a child, playing with my Dad's watching how all the letters strike the paper.

How is social media changing news?

Social media is changing news because it's immediate and allows more viewpoints. Hundreds of sources can weigh-in on an event in real time.

What's your favorite social network?

My favourite social network is LinkedIn. Whenever I travel, I reach out to people at my destination so I can do some real life networking.

Awards

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Plutus Award

2022 - Lifetime Achievement
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Plutus Award

2014 - Best Canadian Personal Finance Blog
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Plutus Award

2014 - Best Collaborative Project for Personal Finance
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Plutus Award

2011 - Best Canadian Personal Finance Blog
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