This week, I heard a very sad story about how seniors in Canada are becoming increasingly impoverished as they age. They don’t have enough funds to support themselves in their dotage. Here’s the link to the article. I’d encourage you to read it for yourself. Here’s one of the main take-away’s from the article. If […]
Go back and re-read the title until it’s burned into your brain. A Tax Free Savings Account – TFSA – is a wealth creation tool. So long as your money is under the tax-repelling protection of the TFSA, then the government will not tax your money. The second thing to remember is that the government […]
I want you to give yourself some credit – literally. Allow me to back up a little bit, to give you some context. A year ago, my credit card number was stolen when someone booked a hotel with my information. Although it took a few weeks, my bank reversed the charges and life went on […]
Lately, I’ve been seeing the phrase “your relationship with money” all over the place. What is that? Clarification is required. How can you have a relationship with money? It will never remember your birthday, tuck you in at night, check on you to see how you’re doing, worry about your health, or care about your […]
This week, I opened a new bank account at EQ Bank. (This is not an affiliated link. I will not get paid if you click on it.) This bank pays its customers higher interest than the other banks. The added cherry on this sundae is that this bank will not charge you bank fees. I […]