Saturday, February 20, 2010
You are likely aware that March 1, 2010, is the deadline for contributions to an RRSP account to get a deduction from your 2009 income tax. You may also be aware of the Tax-free Savings Account that was introduced last year. Should you use one, both, or neither? The answer depends on your personal circumstances and [...]
The question asks if you should contemplate using your RRSP for your down payment through the Home Buyers’ Plan. The answer? It depends! Let me first provide a link to Canada Revenue Agency’s Home Buyers’ Plan (HBP) information on their website. This program allows you to withdraw money from your RRSP to buy or build [...]
If you encounter a large and unepected expense, do you have money put aside to cover it without having to dip into your investments or finance it on a credit card? How will the bills be paid if you are suddenly out of work with no income? I often hear reference to using a line [...]
While RRSP planning should take place throughout the year, I’ll be the first to admit that many turn to their financial advisors in the first two months of the year, and often the last week (or day). That time of the year is here! For an income tax deduction to be used for the 2008 tax year, the deadline [...]
Thursday, December 18, 2008
Creating an online Money Management seminar is something I have been thinking of for some time, and I think that now is the time to move ahead. I would, however, appreciate a little input. Here’s what I have in mind as an initial session. Participants would be led through a process to identify their cash [...]
Filed in Budgeting, Finances for Women, Financial Planning, Insurance, Investment Planning, Uncategorized
|
Also tagged cash flow, Edmonton, group benefits, income protection, Insurance, inventory, money management, net worth, Reflections on Wealth, RRSP, seminar, Tony Ratcliffe
|
Friday, November 28, 2008
You have probably heard about the Tax Free Savings Account (TFSA) for Canadian residents. Do you understand what it means and how it might fit into your financial plan? It is apparent that there are misunderstandings, or a lack of knowledge, about how it can be used. You can open an account now, with deposits taken as [...]
Tony’s Distance and E-learning Blog