Home » Archives
6 Ways to Cut Your Banking Fees
Nearly half of Canadians live pay cheque to pay cheque. A recent survey by the Canadian Payroll Association reported that 47 per cent of us would face financial hardship if our pay was delayed as little as a week. One... (Continue reading)
RESP Contribution Rules For 2011
Written on 20 Mar, 2011 at 8:21 in Personal Finance | Comments
One of the main benefits of RESP accounts is the federal Canadian Educational Savings Grant (CESG). This grant is 20% of any eligible contributions in an RESP account. How the RESP Grant System Works Let’s say you open an RESP... (Continue reading)
Chuck it All and Buy GICs?
Written on 23 Jun, 2010 at 6:32 in Personal Finance | Comments
It’s possible to make a reasonable argument that the average investor would be better off investing in GICs than stocks and bonds. Unfortunately, David Trahair fails to make this argument well in his book Enough Bull: How to Retire Well... (Continue reading)
A Joint Bank Account Strategy for Couples
Written on 2 Feb, 2010 at 4:54 in News & Opinion | Comments
I’m a feminist (of the Cathy Young brand of equality feminism, not the cuckoo-for-coco-puffs Andrea Dworkin or difference feminism brands of feminism). Sometimes I’ve grappled with the best way to divide expenses within a romantic relationship. As an ideal, splitting... (Continue reading)
Run, don’t walk, Run to open a TFSA
Written on 29 Jan, 2010 at 22:29 in Personal Finance | Comments
Look. There’s no downside and all kinds of upside to the Tax Free Savings Account. Become a saver, already! Here’s how it works: 1. Set up a Tax Free Savings Account at any Canadian bank you like. 2. Every year,... (Continue reading)
