Why Not Consider Leaving a Legacy Before Your Will is Read
If you are fortunate enough to have saved – or inherited – more than you need to live your definition of the good life, you’ll have the opportunity to decide where and how to...
Category: The Money Puzzle
An RESP Makes a Great Gift for Your Grandchildren
The costs of post-secondary school are rising exponentially, and parents often have more immediate financial needs than saving for their children’s future education. Helping your grandchildren with the gift of education with a Registered...
How to Tap into Your Retirement Accounts
Once you retire, your income will come from several sources. You’ll have income from government benefits (CPP and OAS) and maybe a workplace pension. Then, you’ll most likely have to top up your income...
5 Estate Planning Strategies Your Executor Will Thank You For
Take a good look around you – your home, your assets, your belongings. As much as we don’t like to think about it, we’re not going to live forever. At some point in the...
Don’t Waste Your Money on These 10 Things
Stop wasting your money! Sometimes we spend money on certain things without even thinking about it. When you’re on a fixed budget every dollar has to count. Instead of wasting your money on unnecessary...
5 Things Often Overlooked in Your Retirement Budget
When preparing your retirement budget, it’s sometimes hard to anticipate every expense. One of the biggest mistakes newly retired people make is underestimating how much they will spend to achieve a comfortable lifestyle. When...
Inflation Keeps Marching On and On
Lately when I exclaimed over the price of celery – $2.89 for four stalks for goodness sakes – my husband “reminded” me that it’s not 1989 anymore. Do you remember 1989? That was the...
Canadians are Still Loyal to Their Primary Bank
Banks are big business in Canada. Take a look at the companies on the TSX and you’ll find four of the Big Five are in the top seven for market capitalization (over US$330 billion). ...
How to Transition From Being a Prudent Saver to a Prudent Spender Once you Retire
Have you been a lifelong saver? You’ve spent your entire career preparing for the time you’ll stop working and now everything changes. One of the biggest transitions in life is to go from being...
Living Large in the Cheap Seats
Culture is wonderful, but it can be expensive. When you’re on a budget it may seem frivolous to spend several hundred dollars for tickets to a symphony, concert or hockey game. But there are...
