Financial Power

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

Choose the right savings vehicle for your dreams.

FP | 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.

FP | 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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Set Your Financial Goals #3

FP | September 8, 2009

By defining what You mean by wealth, you have now a destination. Setting your goals is establishing a timetable to reach your destination. It’s simple as a road trip. If you are planning to drive to a certain place you want to know: -what time you are leaving home -what time you expect to arrive [...]

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Anyone Can Make Money!#1

FP | September 3, 2009

The lovely thing about money is that really doesn’t discriminate. It doesn’t care what color or race you are, what class you are, what your parents did or even who you think you are. Anyone Can Make Money! Each and every day starts with a clean slate so that no matter what you did yesterday, today [...]

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How to Be Financially Secure at Any Age?

FP | July 22, 2009

How you manage your money today affects your lifestyle in the years to come. And it’s never too late – or too early – to ensure a healthy fiscal future. Where to start? These age specific tips are very simple, but they’ll have a big impact on your bank account. If you’re wondering where you’ll [...]

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Protect Your Capital!

FP | April 21, 2009

The annuity in its simplest form is a contract between you and the issuing insurance company. Annuities in rare occasions can be a useful place to invest some money if you’ve exhausted all other tax-deferred retirement plan options, but you really need to do your homework. In many cases, it may be better to buy [...]

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