http://www.rrsps.ca/ Copyright 2010 Thu, 29 Jul 2010 11:24:57 -0500 http://www.movabletype.org/?v=4.01 http://blogs.law.harvard.edu/tech/rss The federal government has a program in place that is specifically designed to help unlock savings and make it easier to buy a home. It's called the Home Buyers' Plan.The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 (after January 27, 2009), from http://www.rrsps.ca/rrsp-home-buyers-plan-helps-with-downpayment-030331.php http://www.rrsps.ca/rrsp-home-buyers-plan-helps-with-downpayment-030331.php Thu, 29 Jul 2010 11:24:57 -0500 Deciding whether to put your savings into an RRSP or TFSA can be a tough call to make. However, there are ways to maximize your contribution and get as much as 100% of your savings funds into your RRSP. This is called 'grossing up' your RRSP. Here is a video http://www.rrsps.ca/grossing-up-your-rrsp-030247.php http://www.rrsps.ca/grossing-up-your-rrsp-030247.php Mon, 17 May 2010 13:25:54 -0500 We are just a few short weeks away from the deadline for contributing to your RRSP for the 2008 tax year. March 2nd, 2009 is the final day to make your contribution. One of the questions many people have this year is regarding the choice between a TFSA or an http://www.rrsps.ca/tax-free-savings-account-vs-rrsp-028723.php http://www.rrsps.ca/tax-free-savings-account-vs-rrsp-028723.php Mon, 16 Feb 2009 12:36:04 -0500 We outlined previously some of the basics of the TFSA as compared to the traditional RRSP. But what we failed to mention was that the TFSA is officially being made available to the Canadian public on January 1, 2009. Any Canadian, no matter what your income is, can contribute up http://www.rrsps.ca/tfsa-taxfree-savings-accounts-begin-in-january-2009-028160.php http://www.rrsps.ca/tfsa-taxfree-savings-accounts-begin-in-january-2009-028160.php Mon, 22 Dec 2008 11:46:18 -0500 When Finance Minister David Flaherty announced the creation of a new consumer tax-free vehicle, many people wondered if this would be an initiative to replace RRSP investment or augment it. Let's re-visit David Flaherty's TFSA (Tax-Free Savings Account) announcement from earlier this year. It seems pretty clear that the TFSA http://www.rrsps.ca/tfsa-taxfree-savings-account-comes-into-focus-027105.php http://www.rrsps.ca/tfsa-taxfree-savings-account-comes-into-focus-027105.php Wed, 26 Nov 2008 13:07:22 -0500 Today we ended the day with the TSX over 10,000 points, but we've been up and down for quite some time now. Yet few of us ask the question, what do the numbers mean? Well, it all depends on what stocks you own. The TSX itself has a value in http://www.rrsps.ca/what-do-the-index-numbers-mean-025386.php http://www.rrsps.ca/what-do-the-index-numbers-mean-025386.php Wed, 08 Oct 2008 22:51:29 -0500 As social adults gift costs form an almost unavoidable part of our budgets. Birthdays, holidays, weddings and anniversaries, they all can require some form of gift (token or otherwise) as a recognition of the event. Unfortunately, these gifts can be a significant financial cost, especially in busy event years. But http://www.rrsps.ca/the-value-of-presents-025295.php http://www.rrsps.ca/the-value-of-presents-025295.php Sun, 05 Oct 2008 19:00:13 -0500 Well, as we sit on the brink of a credit crunch, pondering if the US government will step into the gap created by banking failures and do a bailout, I was doing a lot of reading. There have been a number of a financial catastrophes in the past. From post http://www.rrsps.ca/learning-from-the-past-025211.php http://www.rrsps.ca/learning-from-the-past-025211.php Wed, 01 Oct 2008 23:24:47 -0500 Well, the last two days have been more of the same craziness that has infected stock markets for the past six months or more. Swings between two extremes are the norm now rather than a newsworthy event. However, what have the last six months of downward trending markets cost us? http://www.rrsps.ca/what-market-declines-can-cost-025156.php http://www.rrsps.ca/what-market-declines-can-cost-025156.php Tue, 30 Sep 2008 23:33:45 -0500 Let's say you had the perfect weekend. Fun, adventure and happiness. However, you spent too much. Monday rolls around and your memories become coloured with regret. You spent too much money. What can you do to improve the rest of you week? 1. Learn where you went wrong: Most of http://www.rrsps.ca/monday-regrets-025132.php http://www.rrsps.ca/monday-regrets-025132.php Mon, 29 Sep 2008 11:30:15 -0500 A common thread amongst conversations I've had this weekend has been financial literacy. Many of these have stemmed from the recent political debates and the economic situation in the United States. If you feel ignorant regarding matters of personal finance and basic investing, you're not alone. When people get on http://www.rrsps.ca/financial-literacy-024974.php http://www.rrsps.ca/financial-literacy-024974.php Sun, 28 Sep 2008 19:57:17 -0500 As Pierre Elliot Trudeau said with regard to to Canada's relations with the USA: “Living next to you is in some ways like sleeping with an elephant. No matter how friendly and even-tempered is the beast, if I can call it that, one is affected by every twitch and grunt.” http://www.rrsps.ca/the-r-word-024895.php http://www.rrsps.ca/the-r-word-024895.php Thu, 25 Sep 2008 22:48:10 -0500 How often do you spend money? It's an interesting way of viewing consumption and your budget. Rather than looking at the amount you spend, take a look at the frequency. This question is an interesting one. Do you spend money every day? Once a week? With retail culture working to http://www.rrsps.ca/how-often-do-you-spend-money-024845.php http://www.rrsps.ca/how-often-do-you-spend-money-024845.php Wed, 24 Sep 2008 21:37:07 -0500 Well, as we all might be a little worried about the economy, buying in bulk seems like a good strategy right? Not always. Bulk purchasing is frequently cheaper. The reasons for this vary, but one the primary ones is packaging. Believe it or not, the ratio of the surface area http://www.rrsps.ca/buying-in-bulk-024777.php http://www.rrsps.ca/buying-in-bulk-024777.php Mon, 22 Sep 2008 23:24:13 -0500 Well, you would have to be living under the proverbial rock to have missed the news about the problems in the financial sector with our friends south of the border. Banks in the United States are running into a lot of problems lately. For some of you, that might lead http://www.rrsps.ca/should-i-worry-about-my-bank-024717.php http://www.rrsps.ca/should-i-worry-about-my-bank-024717.php Sun, 21 Sep 2008 23:40:49 -0500