Personal Finance – Page 11 – How to Achieve Financial Freedom

Fed Rate Trimmed: What Does It Mean For You?

Anna Helhoski writes for NerdWallet. Email: [email protected]. Twitter: @AnnaHelhoski. The article Fed Rate Trimmed: What Does It Mean For You? originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/fed-cut-impact #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome […]

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The pros and cons of buying versus leasing a new car comes down to your lifestyle and financial priorities

The decision to buy or lease a new vehicle is as much a personal one as it is a financial one, shaped by how you plan to use the car and how you think about money. Both options let you drive off the lot in the same make and model, but under very different circumstances.

The pros and cons of buying versus leasing a new car comes down to your lifestyle and financial priorities Read More »

The digital services tax was another policy-driven tax debacle

The amount of spending that Prime Minister Mark Carney committed to last month is eye-watering. The $9-billion boost to our defence budget and the pledge to the North Atlantic Treaty Organization ( NATO ) to eventually spend five per cent of our country’s gross domestic product annually amount to billions in the short term and

The digital services tax was another policy-driven tax debacle Read More »

Finance Writers Share Regrets From Prime Days Past

Lauren Schwahn writes for NerdWallet. Email: [email protected]. Twitter: @lauren_schwahn. The article Finance Writers Share Regrets From Prime Days Past originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/finance-writers-share-prime-day-regrets #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances

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Jason Heath: Financial planning for the reluctant retiree

For many Canadians, retirement is a date circled on a calendar rather than a concept. It is a moment in time when rush hour commutes are replaced by long walks on the beach. The problem is not every senior wants to, or is able to, retire and some mid-career savers could take a different path

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Michael Wernick: Canada needs a Defence and Security Tax to meet its new NATO commitments head on

Over the past year, a chorus has risen calling for an increase in spending on defence . Canada has been pressed to show we are putting enough effort into protecting and policing our own land, sea and air borders while also contributing to the collective security of North America and the NATO alliance. The recent NATO summit took

Michael Wernick: Canada needs a Defence and Security Tax to meet its new NATO commitments head on Read More »

Use AI to Plan the Perfect Prime Day Haul

Amanda Barroso writes for NerdWallet. Email: [email protected]. The article Use AI to Plan the Perfect Prime Day Haul originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/use-ai-as-shopping-assistant #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth

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When love fades but debt lingers: Financial tips for separation

Navigating the financial aspects of separation or divorce can be challenging, particularly with joint debts and shared assets. However, to create a stable financial future, it is important to protect your financial interests despite the stress of separating finances on top of the emotional challenges of ending a relationship. To make the process easier, avoid

When love fades but debt lingers: Financial tips for separation Read More »

Tavares hasn’t won his tax case against the CRA yet, but here’s why Canada gains if he succeeds

You may have heard about the taxation issues that NHL star hockey player John Tavares and others (such as retired future Hall of Famer Patrick Marleau and several NBA players) have faced from the Canada Revenue Agency regarding the tax treatment of their signing bonuses they received while playing for Canadian professional sports teams. The

Tavares hasn’t won his tax case against the CRA yet, but here’s why Canada gains if he succeeds Read More »

I Make Six Figures, But I Still Worry About Money

Jae Bratton writes for NerdWallet. Email: [email protected]. The article I Make Six Figures, But I Still Worry About Money originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/henry-money-worries #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances

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Jamie Golombek: Everything you need to know about the new Canada Disability Benefit

Applications for the new, much anticipated Canada Disability Benefit (CDB) open on June 20. The tax-free monthly CDB payments are meant to provide financial support to qualifying people with disabilities. The program is administered by Service Canada and the first month of eligibility is June, with the first payments beginning in July for applications received

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Lucia, sole beneficiary of her uncle’s will, hasn’t heard from the executor. What should she do?

In an increasingly complex world, the Financial Post should be the first place you look for answers. Our FP Answers initiative puts readers in the driver’s seat: you submit questions and our reporters find answers not just for you, but for all our readers. Today, we answer a question from Lucia about accessing an estate

Lucia, sole beneficiary of her uncle’s will, hasn’t heard from the executor. What should she do? Read More »

Jamie Golombek lays out everything you need to know about the new Canada Disability Benefit

Jamie Golombek lays out everything you need to know about the new Canada Disability Benefit Read More »

Is saving 0,000 in investment income enough for couple to meet their retirement goals?

Is saving $500,000 in investment income enough for couple to meet their retirement goals?

Kathy,* 50, and Trevor, 53, have two financial goals they want to achieve before Kathy retires at age 55 and Trevor retires at age 60. They want to pay off the mortgage on their primary residence and build up $500,000 in easy-to-access investment income — they are thinking about a laddering strategy for guaranteed investment

Is saving $500,000 in investment income enough for couple to meet their retirement goals? Read More »

More Canadians are relying on a home to fund their retirement despite the risks

A majority of Canadians believe that owning a home is a critical part of their retirement strategy and the number of them relying on the sale of their home to help them retire continues to rise, according to a major pension plan, even though there are issues with that strategy. Sixty-two per cent of people

More Canadians are relying on a home to fund their retirement despite the risks Read More »

Are You a HENRY?

Lauren Schwahn writes for NerdWallet. Email: [email protected]. Twitter: @lauren_schwahn. The article Are You a HENRY? originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/what-is-a-henry #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth

Are You a HENRY? Read More »

Soaring costs are forcing some Canadians to limit vet visits or even give up their pets

Shannon Shorten and her family have spent more than $8,000 in emergency vet visits for their 12-year-old cat Rolo — and she’s not sure if they can afford yet another expensive procedure amid the current economic climate. Torontonian Shorten, 52, and her husband adopted Rolo and his brother, Toffee, both orange tabbies, more than a

Soaring costs are forcing some Canadians to limit vet visits or even give up their pets Read More »

15 Military Discounts Worth 10% or More

Tommy Tindall writes for NerdWallet. Email: [email protected]. The article 15 Military Discounts Worth 10% or More originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/military-discounts #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth

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Treasury Bills vs. Notes vs. Bonds: What’s the Difference?

Chris Davis writes for NerdWallet. Email: [email protected]. Twitter: @@hurrayforstuff. Tiffany Lam-Balfour writes for NerdWallet. Email: [email protected]. Twitter: @@TiffLamBalfour. The article Treasury Bills vs. Notes vs. Bonds: What’s the Difference? originally appeared on NerdWallet. https://www.nerdwallet.com/article/finance/treasury-bills-vs-notes-vs-bonds #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals

Treasury Bills vs. Notes vs. Bonds: What’s the Difference? Read More »

Jamie Golombek: July brings a greater opportunity for income splitting

This coming July 1 will be particularly special. Sure, Canada will be celebrating its 158th birthday that day, but even more exciting for some of us is that the Canada Revenue Agency ’s prescribed interest rate will drop to three per cent on that date, providing a greater opportunity to split income with a spouse

Jamie Golombek: July brings a greater opportunity for income splitting Read More »