How Financially Literate Are Canadians?
What three simple questions reveal about financial understanding in Canada Press enter or click to view image in full size Financial literacy has different meanings for different people. Som...
How Canadian Couples Can Legally Split Income and Reduce Taxes
Practical tax strategies Canadian couples can use to balance income and reduce taxes in retirement Many Canadian couples don’t make the same amount of money. Often, one person brings in 6...
Why is Service Canada so slow?
My seven-month journey to stop OAS payments—and what every future OAS recipient should know. I had read several stories about how slow and complicated the OAS (Old Age Security) process can be....
Never Leave RRSP Matching Money Behind
Press enter or click to view image in full size Last week, I met John at a party. We were having a casual conversation when he mentioned something interesting. His company offers a 5% ...
Understanding Emergency Funds
How much you need, where to keep it, and how to avoid common mistakes Press enter or click to view image in full size What is an Emergency Fund? An emergency fund is money y...
Saving: The First Step Toward Financial Security
Simple Habits That Can Help You Build Financial Security Press enter or click to view image in full size You’ve likely heard the advice befo...
TFSA Overcontributions Rules
A Small Mistake That Can Become Expensive Press enter or click to view image in full size The Tax-Free Savings Account (TFSA) is one of Canada’s most popular investment accounts, b...
Understanding RRSP Overcontribution Rules
The $2,000 Cushion and the 1% Monthly Tax Press enter or click to view image in full size RRSP overcontribution rules are frequently misunderstood. While the framework provides a sm...
RESP Front-Loading: Does Time in the Market Beat Government Grants?
Comparing Traditional, Front-Loaded, and Hybrid Funding Strategies Press enter or click to view image in full size In my previous article, “RESP Explained in Plain English”,...
RESP Explained in Plain English
Maximizing Grants, Front-Loading Strategies, and the Tax-Efficient Exit Press enter or click to view image in full size When navigating the Canadian wealth ro...