Personal Savings getting you down? There are always smart ways to increase your savings.
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Reasons to consider early RRSP and RRIF withdrawals + MORE Oct 24th
Workers contribute to their registered retirement savings plans (RRSPs) during their working years, with the hope of paying a lower tax rate on withdrawals than the tax rate they save when contributing. Even if the tax rates are similar, there can be a benefit to the tax deferral and compounding of .... More »
Asset location: Where to hold investments for tax savings + MORE Oct 17th
If you’ve ever put together an investment plan, you’re familiar with asset allocation. That’s the mix of stocks, bonds, real estate and other investments driving the expected risk and return of your portfolio. But you may have given less thought to asset location, or how those assets are distr.... More »
This 31-year-old is about to finish her PhD. Making $60,000 a year, she’s hoping to buy a bigger place and have a child. How can she start? + MORE Oct 10th
A dedicated and frugal saver, U of T graduate student Cecily has amassed significant savings along with substantial equity in a downtown condo. Her goal is to stay on track financially as her life moves to a new stage..... More »
Stock news for investors: Earnings from BlackBerry and Alimentation Couche-Tard + MORE Jul 2nd
Here’s a round-up of news for Canadian investors this week.
BlackBerry
Alimentation Couche-Tard
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 2.00% in.... More »
What to do when you have insufficient or unused RESP funds Aug 14th
Registered education savings plans (RESPs) are the best way to save for a child’s post-secondary education. Contributions attract government grants, and the accounts grow tax-deferred. Withdrawals can be used for trade school, college or university funding in Canada and abroad.
According to Sta.... More »
Defined-benefit plans are great: We already knew that
– moneysense.ca
From the blindingly obvious file today comes a study conducted by the Boston Consulting Group that finds defined-benefit pensions provide major benefits to the economy and that DB recipients are far less likely to need Ottawa’s Guaranteed Income Supplement (GIS).The group says only 10 to 15% of DB beneficiaries collect the GIS, compared with almost half (45 to 50%) of other Canadian retirees. Well, that should be obvious: as a supplement to Old Age Security, the GIS goes mostly to the poorest of Canada’s seniors. Anyone with a significant amount of Canada Pension Plan income and a DB plan is unlikely to collect much if any GIS. In fact, I’m surprised that even 10 to 15% do. Not for nothing do some quip that “a consultant is someone who borrows your watch and then tells you what time it is.”
Small towns especially benefit
In most cases, DB pension income means losing GIS income. The study finds DB pensions reduce the annual payout of GIS by $2 to $3 billion a year, which is a savings for Ottawa…
As pension reform stalls, pooled plans are worth a look
– thestar.com
For the last three years Ottawa and the provinces have been debating ways to enhance retirement savings.As pension reform stalls, pooled plans are worth a look
– thestar.com
For the last three years Ottawa and the provinces have been debating ways to enhance retirement savings.Seven Halloween Costumes Already in Your Closet
– walletpop.ca
Filed under: Family Finances, Saving, Shopping, Television, Holidays, Your HomeHalloween is creeping up on us again. Pumpkins are popping up on porches, ghosts, bats and spiders are hanging from houses, and there’s a lot of talk about what people have planned for our annual night of trick-or-treating.
If you’re still without costume for this year’s festivities, don’t be fooled into thinking you’ve got to run out to a big box-store for the perfect $30 fireman outfit or superhero suit. Sometimes the most creative costumes (not to mention the most inexpensive) can come straight out of your own home. They’re also the ones that are usually the easiest to move around in.
Here are some ideas for costumes that might be lurking in your closet:
SLIDESHOW: Halloween Costumes You Have at Home
RELATED LINKS:
10 of the Best Budget-Friendly Halloween Party Ideas
Should You Dress Up for Halloween at Work?
Found at the Dollar-Store: Spook-tacular Savings on Halloween
Seven Halloween Costumes Already in Your Closet originally appeared on Walletpop Canada on Thu, 24 Oct 2013 14:00:00 EST…
