There are many ways that we support our favorite charitable causes. However, one of the most beneficial ways to support a favorite charity now and into perpetuity is through planned giving.
If you’ve spent more than five minutes on a kid’s television network, you’ve seen just how inundated young kids are with commercials for everything from the latest gadget, to some dreadful snack that features something gooey and/or messy. It’s also safe to bet that many of these kids run to their parents, wanting to buy some or all of these items.
There are a variety of financial management tools and applications available today that can be used to help you manage your money. From software applications to phone apps, there’s no shortage of resources available.
There are a variety of financial management tools and applications available today that can be used to help you manage your money. From software applications to phone apps, there’s no shortage of help available.
"We all have a credit score – a number between 300 and 900 used by potential lenders, employers, landlords, and in some provinces insurance companies – to help judge our financial reliability. Yet, few Canadians know their credit number, or even understand how this rating is created and how their actions can change the score."1
Most of us plan for the cost of big life events such as buying a home, getting married, paying for education or retiring.
Whether we have aging parents or others close to us, or are seniors ourselves, quality of life and keeping assets safe is important.
The government offers financial planning tools such as RRSPs that help us save for retirement and RESPSs for our children’s education. A lesser-known plan is a Registered Disability Savings Plan (RDSP) that enables people with disabilities and their families to save for their future. Government grants added to your contributions help grow your savings, and you are not taxed on
Having a will ensures that your assets are distributed as you intend it, and that your death does not create a legal and administrative burden on your family.
However, many of us put off writing up a will for all sorts of reasons – we think we're too young for a will, or we think we have time to do it "later."
It's tax season, and I want to tell you about changes the Canada Revenue Agency has made to your 2015 tax return and plans the federal government has for your 2016 taxes.