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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Begin again in 2010!

| January 2, 2010

We all like new beginnings, new chances! Wouldn’t you too like to have a new start? A new chance to start all over again? Most of us made some mistakes over the years what we would like to erase from our memories, most of us would like to go back and change the words we [...]

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Holiday Spending – without Holiday Debt.

| December 9, 2009

The holiday shopping season has been in full swing for several weeks, and everywhere, consumers are struggling with how to avoid impulse buys and avoid adding to their debt load. Every year you hear over and over again the how to: stay on a budget, keep a list, check the list again, and sleep on [...]

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Bank of Canada Lowers Interest Rate

| April 21, 2009

On Tuesday April 21, 2009 the Bank of Canada lowered its interest rates to a historic low rate of 0.25%. I found this article interesting, so I decided to share it with you. Posted: April 21, 2009, 11:13 PM by James Cowan In this occasional feature, the Post tells you everything you need to know [...]

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