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This woman is saving 21% of her income in 2021 by following 5 strict-but-fair money rules
When I initially read this article, I reacted a bit skeptically because celebrating vigilance with regards to travel spending is irrelevant to me right now due to the pandemic. However, if I lay my skepticism aside and simply read the suggestions that the author makes, it takes me back to my initial budgeting days which have long-since become ingrained habits.
Are these the stock market returns of a lifetime?
I have fielded a lot of questions about borrowing to invest lately. This article explains some very important concepts that contribute towards the confidence that is required for leveraged investing.
Let’s Talk About Taxes
Our tax reporting deadline is fast approaching. Proactive tax planning is far better than scrambling to enact a tax planning strategy retroactively.
When More Is Less: Rethinking Financial Health
A few years ago, there was a campaign to improve adolescent mental health called “Dear 16-yer old me”. You may recall that this campaign revolved around the reassurance we could give our hormone-crazed, moody selves that life would be more manageable one day.
Started a side hustle in 2020? Newly self-employed? Here’s what you can claim to reduce your taxes
“RRSP season” in Canada is the first 60 days of the calendar year when advisors focus on the tax-planning benefits of contributing to RRSPs. The deadline is nearly upon us and I would like to suggest that we pivot the conversation to “Retirement Readiness”…
Detailed vs. Flat Rate: New way to claim work-from-home costs gives workers options
“RRSP season” in Canada is the first 60 days of the calendar year when advisors focus on the tax-planning benefits of contributing to RRSPs. The deadline is nearly upon us and I would like to suggest that we pivot the conversation to “Retirement Readiness”…
A Retirement Readiness Checklist
“RRSP season” in Canada is the first 60 days of the calendar year when advisors focus on the tax-planning benefits of contributing to RRSPs. The deadline is nearly upon us and I would like to suggest that we pivot the conversation to “Retirement Readiness”…
(Not So Well Known) RRSP Strategies
RRSP contributions are one of the most-worthwhile tax planning strategies available to Canadians. As you may know, contributions reduce your taxable income for the year; yielding a refund of the taxes that were withheld at source.
Does More Money Really Make Us More Happy?
This article describes ways in which we can direct our dollars and our attitudes towards greater life satisfaction; which, after all, is truly the UPotential way!
Burning Questions: Will Canadians spend their mountain of saved cash to rescue the economy?
Calculating your affordable lifestyle may be the single most difficult aspect of personal finance. Prior to the pandemic, Canadians had record levels of household debt. Lately, Canadians have become world-leaders in saving. Which way will the pendulum sway when we can finally resume shopping, travelling, dining and spending normally again?
Join me on Tuesday, January 19th for a webinar which will help you to calculate your household’s affordable lifestyle and implement a reasonable savings strategy in real time so that when the economy opens up, you can be confident in the lifestyle that you can afford to enjoy.
Click here to read the full article on The Financial Post