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 [...]
Category: Financial Knowledge, Money Management, RESP, TFSA |
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Tags: Financial Knowledge, Financial Plan, Registered Savings, RESP, Steps to financial independence, TFSA
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 [...]
Category: Financial Knowledge, Financial Plan, RESP, Raising Children, TFSA |
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Tags: Financial Plan, Personal Finance, RESP, Steps to financial independence, TFSA
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 [...]
Category: Thinking Wealthy, Wealth Principles |
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Tags: financial goal, Steps to financial independence
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 [...]
Category: Thinking Wealthy, Wealth Principles |
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Tags: Steps to financial independence, Think Wealthy, Wealth Principles
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 [...]
Category: Debt Elimination, Financial Budget, Financial Knowledge, Financial Plan, Life Insurance |
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Tags: Add new tag, Financial Knowledge, Financial Security, Life Insurance, Personal Finance, Steps to financial independence
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 [...]
Category: Protect Your Capital |
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Tags: Annuity Risks, Financial Knowledge, Financial Plan, indexed Annuity, Life Annuity, Money managment, Personal Finance, Protect Your Inheritance, Steps to financial independence, Term Annuity, Variable Annuity