This blog accompanies the Spending Profile website, a great free tool to track your spending on line. Check it out!
Contact blog owner at firstname.lastname@example.org.
- Contact blog owner at email@example.com to have your article featured here.
Category Archives: saving
Time to Take the Tax Free Savings Account Seriously
The Tax Free Savings Account (TFSA) was introduced in 2009. In 2009 and subsequent years through 2012, the TFSA dollar limit was $5,000 per year. For the years 2013 and 2014, the TFSA dollar limit is $5,500. For anyone who … Continue reading
Posted in financial goals, financial planning, investing, saving, Taxes Comments Off
Four Elements of Financial Planning
When most people hear the term “financial planning”, they automatically assume it has something to do with saving and investing. While saving and investing are integral components of financial planning, they represent only one part of the equation. As we … Continue reading
Posted in budget, credit, debt, financial goals, financial planning, Insurance, investing, retirement, saving, security Comments Off
The Purpose of Your RRSP
You are probably hearing a lot these days about the options for your Registered Retirement Savings Plan, or RRSP. The reason is that the deadline for 2013 eligible contributions is fast approaching. Thanks to various government programs, the RRSP has … Continue reading
Posted in financial goals, financial planning, retirement, saving, Taxes Comments Off
Your Investment Policy Statement
Welcome to 2014! We thought we would begin the year with a suggestion for a New Year’s Resolution. Establish your personal Investment Policy Statement, or IPS. An IPS is a document that puts in writing a number of parameters that … Continue reading
Posted in financial goals, financial planning, saving Comments Off
Year End Tax Tips
Tax planning is probably the farthest thing from your mind at this time of the year. However, the year 2013 is drawing to a close. That means you are running out of time to take advantage of any last minute … Continue reading
Changing Needs During Retirement
For those of you who are older than age 50, we ask that you think about how your life and lifestyle changed in the thirty years between your 20s and 50s. If you’re in your 20s, you will have to … Continue reading
Posted in budget, financial goals, financial planning, retirement, saving, security Comments Off
Are You Ready for Retirement?
So you’re thinking about retirement. It may sound good; however, it can also be an emotional and stressful time of life. You begin to dream of playing golf every day, travelling the world, or just sitting back and relaxing. But … Continue reading
Posted in budget, financial goals, financial planning, investing, retirement, saving, security Comments Off
Tax Planning – A Year Round Event
You are no doubt being inundated with all the virtues of the Registered Retirement Savings Plan (RRSP) and the tax saving benefits that come along with this program. The problem is that many Canadians only do their tax planning at … Continue reading
Posted in financial goals, financial planning, investing, retirement, saving, Taxes Comments Off
No Medical Life Insurance
Life insurance is an ideal solution to provide a tax-free benefit to your loved ones upon your death. The money can be used to pay debts, funeral expenses, and estate costs or provide a lump sum of cash to your … Continue reading
Posted in financial planning, Insurance, investing, saving 1 Comment
6 Tips on Cutting Costs for Working Students
If you’re working while you’re attending school in order to help finance your education, you know how expensive things can be. School costs a lot of money, not only for tuition, but also for things like books and supplies. You’ve … Continue reading