Canadian Financial News - RRSP withdrawals

Canadian Financial News This Week- 05/29

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Here is your breakdown of this weeks Canadian financial news & articles of interest.
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What Happens To Debts When Someone Dies ?

What Happens To Debts When Someone Dies?

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Losing a family member is one of the toughest experiences any of us will go through and the last thing we want to have to deal with is their financials at a time of grieving.  Read more

RRSP or TFSA What's Right For You?

RRSP or TFSA: What’s Right For You?

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To be or not to be, TFSA or RRSP, these are the questions that face us all. There is sometimes confusion when i speak to people about what is the best option for their retirement savings. Read more

10 Money Mistakes Most 20‑Somethings Make

10 Money Mistakes Most 20‑Somethings Make

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Photo: Joshua Chase

Being in your 20’s is a great time in your life. You’ve reached adulthood and the freedoms that come from not having to abide by your parents rules (If you don’t live at home). This does also introduce to a whole bunch of new things that in many cases your not equipped with experience to handle them properly. Money when not managed correctly in the short time can cause you problems for years to come. This list is about the common mistakes made by people in their 20’s in the hope that it helps a few of you not to make the same mistakes as the people before you.
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Canadian Financial News - Saving For A Down Payment

End Of Year Tax-loss selling

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Original post by John Heinzl – Investment Reporter at the The Globe and Mail. Tax-loss selling: If you’re dumping your dogs, read this first

The holiday season is fast approaching and people’s thoughts are naturally turning to friends, family … and that other cherished year-end tradition: tax-loss selling.

What is tax-loss selling, in what circumstances should you do it, and what are some potential traps to watch out for? That’s the subject of today’s column. Read more

3 Ways To Pay Less Tax In 2014

3 Ways To Pay Less Tax In 2014

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Wouldn’t it be great to pay thousands less in tax this year? What would you do with the extra money? Splurge on a warm winter holiday? Or pay off the holiday spending on your credit cards? You can slash your taxes for 2014 by following three easy steps, but you have to complete them before year end. Below are your 3 Ways To Pay Less Tax In 2014 Read more