Since the deadline to contribute to your RRSPs for the 2016 tax year is fast approaching (the deadline is March 1 FYI), I wanted to explore some longstanding misconceptions about RRSPs (Registered Retirement Savings Plans) that you may not know about. And if you do, this is still a good refresher (and maybe something you’ll want to share with some of your less-informed friends). Continue Reading
This episode is sponsored by LowestRates.ca, where you can find the lowest rates in Canada for your mortgage, auto insurance, life insurance and more…just like that. Make sure to check out their awesome blog, especially their Young Money series.
As I mentioned at the beginning of this episode, lots of us young people don’t start thinking about planning for our retirement, well…until it’s too late. Which isn’t a good thing. Continue Reading
My grandma Audrey grew up in Insch, Scotland, a village located outside the city of Aberdeen. Growing up as a woman during that time, there weren’t as many options for work as there are now, but my grandma followed her passion and had a long career as a school teacher. Both my grandmas were teachers funnily enough.Continue Reading
Todd Tresidder from Financial Mentor is a numbers guy. It helped him craft a successful career as a hedge fund manager, as well as figure out a way to retire at the ripe age of 35. But his plan wasn’t to just save up a bunch of money and spend the rest of his days on the beach sipping margaritas. Financial freedom to him meant he could finally spend his time doing something he loved. Continue Reading
As you know if you’re a regular reader, I read and respond to every one of the comments I get on my blog posts. Some of you commenters have been commenting on my blog for years, and believe me it does not go unnoticed. One such commenter is Rob. Continue Reading
What do you think of when you think about retirement? Do you think of those ads with an old couple sailing off into the sunset, toasting over champagne? Do you think of your grandparents playing backgammon with their retired friends? Do you think of living an entirely different life on a beach in Thailand with your significant other, no cares in the world besides deciding what to eat for dinner? Continue Reading
You may have already gathered this if you’ve been a longtime reader of my blog, but preparing for the future has always been at the top of my priority list. I’ve been like this since I was a young kid. Seriously. Continue Reading