Financial Power

Important Keys To Personal Financial Success. Good Quality information About debt consolidation, insurance, saving money, practical investing and financial planning.

New Baby and How Life Changes

| August 12, 2010

I hosted a baby shower lately and as we talked about the excitement of having a baby, I mentioned to the “mom to be” friend how the arival of a baby changes everything, including your financial lifestyle and spending habits too. Whatever you considered a “normal” life before now is over. Of course, reading books [...]

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Choose the right savings vehicle for your dreams.

| February 9, 2010

While few Canadians may feel they don’t have enough tax-friendly savings vehicles, most ordinary working Canadians are well pressed even to maximize the contribution room they already have for their registered retirement savings plans. Unfortunately, personal contributions in RRSPs have declined for more than a decade and will continue to do so as Baby Boomers [...]

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How TFSA can pick up where RESP leave off.

| January 13, 2010

It’s that season of the year again when most of us want to make the most of our money by investing it in the right vehicle, helping us reach our dreams. As parents we want to do our best to help our kids start their life on a good ground. Since the TFSA was introduced [...]

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Help Your Kids Become A Million Dollar Richer!!!

| March 24, 2009

Did you know the average cost to raise a child to age 18 is about $163,000 according to Vanier Institute of the Family viewed April 21,2005. The truth is most of us don’t think about the cost when we decide to expend our family with children. Children are the most expensive but rewarding additions to [...]

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