Not sure how to make a savings plan? Read on…
Latest News
10 things you can do to save money and eliminate debt + MORE Nov 22nd
1. Set a goal
If you’re serious about saving you need to set a goal so you know what you’re saving for. Whether it’s a trip to Japan you hope to take in a few months or saving for retirement, having a very specific goal will help you stay motivated and on track.
2. Track your dollars
The .... More »
Tangerine Bank review: Everything you need to know Jun 20th
Tangerine, with its “Forward banking” tagline, is one of the many banking options in Canada. Having a choice is a good thing—but it can be tough to navigate which bank (and its full range of services) is best for you. That’s why, in this complete bank services review, we’re covering all th.... More »
I’m about to retire and still have a mortgage. Am I in trouble? + MORE Jan 23rd
If you have decent savings and only a year or two to go on your mortgage, you should be fine. If you have 10 or more years, then you may have to consider options, including downsizing.... 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 »
How to manage your tax withholding in retirement + MORE Jun 18th
Every spring, I tend to have a lot of conversations with retirees who are disappointed that they owe tax on their tax return, that the Canada Revenue Agency (CRA) has asked them to pay income tax in installments, or that their Old Age Security (OAS) pension has been clawed back.
If it makes you f.... More »
Update RRIF rules to make savings last: Roseman
– thestar.com
People live longer than they did in 1992 and earn less on their savings. So, why force them to cash in tax-deferred assets each year?Illinois governor signs Chicago pension bill, asks Emanuel not to raise property taxes
– canadianbusiness.com
CHICAGO – Illinois Gov. Pat Quinn signed legislation Monday to help Chicago reduce a multibillion-dollar pension shortfall for two of its pension systems, but advised Chicago Mayor Rahm Emanuel and the City Council not to raise property taxes for needed revenues.
An early version of the measure contained a property tax hike, which Emanuel said was necessary to avoid cuts to services. The provision was later removed, something Quinn noted in his decision to sign the bill.
“As the mayor and members of the Chicago City Council work to identify savings to meet their (pension) obligations … I urge them to rule out a property tax increase on Chicago homeowners and businesses,” Quinn said in a statement. “I recognize that Chicago’s mission to find real solutions to its financial challenges will not be easy.”
The law, which starts to take effect in January, addresses pensions for Chicago’s municipal employees and labourers, affecting about 57,000 employees and retirees…
An early version of the measure contained a property tax hike, which Emanuel said was necessary to avoid cuts to services. The provision was later removed, something Quinn noted in his decision to sign the bill.
“As the mayor and members of the Chicago City Council work to identify savings to meet their (pension) obligations … I urge them to rule out a property tax increase on Chicago homeowners and businesses,” Quinn said in a statement. “I recognize that Chicago’s mission to find real solutions to its financial challenges will not be easy.”
The law, which starts to take effect in January, addresses pensions for Chicago’s municipal employees and labourers, affecting about 57,000 employees and retirees…
#RoadtoSavings Twitter Party: Summer Driving Savings PLUS $100 Grand Prize
– ratesupermarket.ca
Planning to take a road trip this summer? While packing the fam into the van and clocking some mileage is a long-loved Canadian tradition, road trips can be pricey – especially as today’s gas prices sky rocket.
What’s a family with wander-lust to do? Why, save with pro finance and lifestyle tips in this week’s #RoadtoSavings Twitter Chat, hosted by @RateSupermarket and @sofawned!
Join the #RoadtoSavings Convo
Tune in this Wednesday to @RateSupermarket or @SoFawned, June 11 at 6 p.m. EST with the hashtag #RoadtoSavings. Désirée and Penelope will be on hand to answer your questions and provide tips on:
How to plan a family-friendly travel budget
Fill up for less with gas savings tips
Travel and auto insurance: What you need to know
Saving even more with points and rewards while on the road
WIN a $100 Gift Card!
Will YOU be our lucky tweeter? Join the convo to enter to WIN our $100 gift card grand prize
The post #RoadtoSavings Twitter Party: Summer Driving Savings PLUS $100 Grand Prize appeared first on RateSupermarket…
Update RRIF rules to make savings last: Roseman
– thestar.com
People live longer than they did in 1992 and earn less on their savings. So, why force them to cash in tax-deferred assets each year?
