For the average Canadian, the decisions about where to invest extra cash can be overwhelming to say the least. So many acronyms…RRSP, RESP, TFSA, need I go on?? Many people rely on experts in select fields to help them make these decisions, while many self-educate and make the decisions themselves. Whichever category you fall into,… Read More RRSP…WXYZ! Chapter 4: The Big Decisions About Where to Invest Your Money
As I began writing this 3rd installment of my month-long RRSP bloggage, my wise and all-seeing wife (blog plug for Adventuresofmamakujo.com!) pointed out that I made a very large assumption when I began writing these posts. I assumed that my readers actually knew what an RRSP was and the basics of how it works! The… Read More The RRSP: A Beginner’s Guide…the ABC’s of the RRSP!
For this week’s installment (pun intended) of the ABC’s of the RRSP, I’ll try and answer a few age-old questions: Does God exist and, if so, why did he allow the creation of Revenu Quebec? Why don’t ALL toilet seats have that mechanism built-in that makes it go down slowly and how does it do… Read More The RRSP…QRSTUVWXYZ!! Chapter II – What’s that do anyhow??
For the next month, our blog focus will be the RRSP: Everyone’s favourite topic of conversation during the month of February! Why is the RRSP just a great subject for this time of the year, you ask? Well, there are several reasons, the top 3 being: It gives us guys something to worry about in… Read More Tax Tip Tuesday: The ABC’s of the RRSP…QRSTUVWXYZ!!
Today’s post is less a “tax tip” and more of a tax SHOCKER just to give you my oh-so-loyal readers just a bit of perspective on your taxes and how they’re not such a big deal when you think about it. The point of this blog post? Fun!! And also gives me a chance to… Read More Tax Tip Tuesdays – Hockey’s Back! And Hockey Players Pay A TON of Tax (literally.)
Continuing the discussion on great ways to keep our money out of the hands of our evil, pasta-hating government…a Tax Free Savings Account (or TFSA) is a great way to tax shelter a portion of your savings. It doesn’t give you the same advantages as an RRSP (self-plug alert – please see last week’s blog post!), but… Read More Tax Tip #6: TFSA is A-OK!