It's Your Money
Tax-filing myths, 3
With the tax filing deadline fast approaching, I have devoted my columns over the past few weeks to clear up common tax filing myths. In the final column of...
Tax-filing myths, 2
Last week, I wrote the first in a series of columns attempting to clear up common tax-filing myths. In the second of this three-part series, I am going to look...
Tax myths exposed
The personal tax filing deadline is fast approaching, and I thought I’d take the next few weeks to dispel a couple of the most common tax myths that have...
RRSPs vs TFSAs
There are only five days (including today) left to get your RRSP contributions in and save on some taxes. If your RRSP money isn’t in by market close on...
Save money, defer taxes
BC Assessment recently sent out their annual assessment notices and your annual property tax bill will be arriving soon. When your tax notice arrives, take a...
Tips for happy retirement
Hey, retirees – are you maximizing your retirement income and minimizing your taxes? If you’re like most retired Canadians, you probably...
RRSPs still misunderstood
Every year, when RRSP season rolls around I question whether I should dedicate another column to this same topic. Surely by now, everyone knows how RRSPs work,...
Steps to financial freedom
With Canadian debt loads out of control and many more people closer than ever to insolvency, it’s time to start taking your finances more seriously. So...
Don't be blue this Monday
Today is Blue Monday and the following 30 days are often called the saddest time of the year. Blue Monday is a name given to a day in January claimed to be the...
Good returns risk free
Investors have come to accept the fact that earning returns require risk and that the higher return you want, the bigger the risks you must accept. But what if...
The secret? Stay invested
When stock market volatility picks up, the patience and resolve of investors wears continuously thinner. It’s the tough times like these that provide...
Choosing right resolutions
As we ring in the New Year, millions of Canadians will make New Year’s resolutions that will largely focus on their health. The most common resolutions...
Up for the 1% challenge?
Would you be willing to forgo a movie night out if the savings could pay your monthly cable bill in retirement? How about bringing your lunch to work once per...
Do you need life insurance?
You don’t really need to have life insurance, do you? Odds are you aren’t going to die in the next 20 years, so why waste the money, right? Like it...
Avoid a holiday hangover
The Black Friday shopping spree is often the staring point of the annual over-spending period also known as Christmas. Each holiday season, warnings of spending...
Tips to save you tax money
As another year comes to a close, it’s time to look at any last-minute tax planning strategies that you may want to take advantage of before Dec 31. To...
Handling market volatility
The past three months have seen a lot of volatility in the stock markets and many are wondering what is to come and what they should do. For most people, the...
Truth about TFSAs
You may want to save up an extra $500 before year end if you plan on contributing the maximum to your Tax Free Savings Account (TFSA) again in 2019. While still...
Mortgage or RRSPs?
You’ve worked out a budget and, by sticking to it, have some extra money to play with at the end of each month. What makes more sense – investing...
Take financial control
Almost two-thirds of Canadians don’t use financial planners. When asked why, the most common reason among survey respondents was that they simply felt...