2014 Financial Goals – April Update + MORE Apr 29th

To keep me honest but also focused, I post my financial goals on My Own Advisor.  One thing I’ve learned over the years is I have a much better chance at realizing my goals if I keep tabs on them, and often.
Here’s a recap of our 2014 financial goals:

Continue putting $300 lump sum payments on our mortgage every month ($3,600).
Maximize both Tax Free Savings Accounts (TFSAs) ($11,000).
Increase Registered Retirement Savings Plan (RRSP) contributions by $200 per month ($2,400).

Here’s our report card year-to-date.
Continue putting $300 lump sum payments on our mortgage every month ($3,600) – on target
Since January 2014 we’ve been meeting this goal.  By making mortgage pre-payments automatic, we never see this money.  Keeping some of our income out of sight is helping us kill our mortgage debt more aggressively.  We hope to have our mortgage debt under $200k soon.  If we keep up our pre-payment schedule, all things being equal, I’m predicting we’ll be completely debt free in less than 8 years…

This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.

WASHINGTON – Express Scripts says its first-quarter earnings fell 12 per cent, as the nation’s largest pharmacy benefits manager posted lower revenue.
The company scaled back its 2014 earnings-per-share guidance to between $4.82 and $4.94 based on delays in several customer implementation plans, among other reasons.
The St. Louis company earned $328 million, or 42 cents per share, in the three months that ended March 31. That was down from $373 million, or 45 cents per share, in last year’s quarter. Adjusted profit was 99 cents per share. Revenue fell 8.8 per cent to $23.69 billion.
Analysts forecast, earnings of $1.01 per share on revenue of $23.83 billion.
Pharmacy benefits managers run prescription drug plans for employers, insurers and other customers. They process mail-order prescriptions and handle bills for prescriptions filled at retail pharmacies.
The post Express Scripts 1st-qtr profit falls 8 per cent, lowers 2014 earnings guidance on lower revenue appeared first on Canadian Business.

Oilsands giant Suncor Energy Inc. has posted record operating earnings as it was able to get more of its crude to market by pipeline and rail.

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.