5 Reasons Why You Should Have a Spousal RRSP
You’ve probably heard about Registered Retirement Savings Plans, or RRSPs, and you might even know the benefits of investing in them. But if you are married and have never thought about creating one with your spouse, it may be time to reconsider. A spousal RRSP can be useful because it allows you to pool your […]
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7 Tips to Teach Your Kids the Importance of Savings
If you’re like most parents, your child’s allowance has come up at some point or another. But what if it weren’t just about the money? What if you could use it as an opportunity to teach them important financial lessons, which will help them when they grow up and start making their own money? Here […]
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Don’t let your child’s education fall by the wayside – start saving with an RESP today!
RESPs (AKA Registered Education Savings Plans) are an excellent way to ensure that your child receives the education they deserve, and it’s never too early to start saving! But what exactly are RESPs? What are their benefits? Here’s everything you need to know about Registered Education Savings Plans, from government grants to tax savings, so […]
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First Home Savings Account: A Tax-Free Way to Save for Your First Home
Buying a home is a major milestone in many people’s lives. It is a significant investment that requires a considerable amount of money, planning, and commitment. Saving for a down payment can be challenging, especially for first-time homebuyers who are just starting to establish their financial footing. Fortunately, the Canadian government has introduced the First […]
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8 Tips to Save Tax on Your Business in Canada
As a small business owner, you would naturally want to minimize your tax liability as much as possible. That way, you have more funds at your disposal to build and grow your business, and if you ever decide to sell, there will be more profit left over for you. Here are five tips to help […]
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Are you ready for your Retirement? [Presentation]
Retirement opens up a seemingly limitless world of possibilities. But all those choices can be a bit intimidating. The good news is with a bit of care, forethought and preparation, you can not only plot out a successful, fulfilling retirement, but also ensure you’ll have the funds on hand to pay for it. The following […]
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5 Smart Ways to Save for Your Child’s Future
As a parent, you would naturally want to do the best for your child. But that can be quite expensive. Clothes, food, toys, education, books, sports – it all adds up! In fact, many parents are compelled to borrow or know someone who has borrowed to pay for their child’s co-curricular or extracurricular activities. With […]
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How to Reduce Financial Stress
Most people consider health in terms of physical and mental health. However, one important pillar that often gets overlooked causing more stress than health, work, and personal relationship is your financial health. While financial health has different meaning to different people, it ultimately comes down to the current state of an individual’s financial condition (including […]
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Is an RRSP Right for You in Your 30s?
If you’re in your 30s, you might be wondering whether it’s too early to start contributing to an RRSP (Registered Retirement Savings Plan). It’s not. With the help of this article, you can learn whether or not an RRSP could benefit you and get the facts about how much you need to contribute to maximize […]
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What to Consider before becoming Self-employed
Being self-employed means being in control of your work and earning an income through independent contracts with businesses, instead of getting paid a regular monthly salary by an employer. Self-employed people typically fall under three categories: Independent contractors who are business owners or freelance workers. Unincorporated sole proprietorships where there is only one owner. Business […]
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