To manage our money, every December or January, I’ll prepare a yearly savings plan. This plan is simply a spreadsheet to project out week by week the money that comes and goes from my checking account. It’ll help me plan and keep track of the total amount I’ll be saving in my TFSAs as well… Continue reading My Yearly Savings Plan Worksheet
Anxiety about money should be pretty low at the point where we are on our journey, however both Mr. Mod and I encounter it in different circumstances. The amazing Kara owner of Bravely Go and co-host of the wonderful Fairer Cents podcast has a great description of financial anxiety in her article entitled : I’m… Continue reading Money Anxiety Ladder
Spring is finally here, birds are singing, the snow is melting and the deadline to file our income tax return is almost upon us! I have a feeling that not many take pleasure in preparing their income tax return, even for myself, despite being a person who likes playing with numbers, I find that preparing… Continue reading The Importance of Understanding Your Income Tax Return
The difference between RRSPs and TFSAs, which are two types of Canadian Registered Accounts for holding savings and investment assets, is a subject that is both simple and complex. The reality is that lots of important factors must be considered when it is time to decide which medium to use over the other depending on… Continue reading RRSP VS TFSA
