Want to improve your financial situation? Here are six financial dos and don’ts to guide you toward a brighter financial future: ✅ Protect yourself and your loved ones with insurance: Insurance provides peace of mind and financial security. Prioritize life, critical illness, disability, and health coverage to protect you and your family’s financial well-being against life’s uncertainties. ❌ Don’t neglect saving for your retirement: Start saving early and consistently. Explore and begin contributing to accounts that maximize tax advantages to build a sufficient nest egg for retirement. Don't let the perception of retirement being far away hinder your progress. ✅ Build an emergency fund: Ensure you have a robust emergency fund to cover unexpected expenses like medical emergencies, repairs, or job loss. ❌ Don’t accumulate high-interest debt: Avoid high-interest debt on credit cards or loans whenever possible. High-interest debt can become a significant roadblock on your path to financial freedom. ✅ Create a budget + track your cash flow: Take control of your finances by creating a clear budget and tracking your income and expenses. ❌ Don’t neglect your financial education: Invest in your financial literacy to make informed decisions about your finances and become your own money manager. Ready to secure your financial future? 👉🏼 Click the link in my bio for a free financial education session. With knowledge and personalized strategies, you'll know exactly how to get to where you want to be. Tav Dhillon BCom Finance, RRA™ Licensed Financial Professional 📧 [email protected]
Major changes have occurred in the short term rental industry in BC 💫 New rules for short-term rentals are now in effect across 60 BC communities, with 17 more joining later this year. These regulations, announced by Premier David Eby and Housing Minister Ravi Kahlon, aim to balance housing availability while supporting short-term rentals. The move has also been detrimental for short term rental owners, as some are losing their source of business and passive income. Key changes include limiting rentals to a homeowner's principal residence plus one secondary suite, displaying business licenses on platforms, and enhanced data sharing for enforcement. For an alternative retirement plan or method of passive income, consider investing in a pool of residential real estate across Western Canada, managed by our expert team. Learn more with LINK IN BIO ✨ // #realestateinvesting #realestatecanada #reit #markettrends #financialeducation #financialreporting #canadianfinance #westbow #investmentcanada #canadian #westerncanada #assetmanagement #propertymanagement #investwithus #chilliwack #chilliwackbc #calgarybc #sask
📢 Let's talk about the Canada Child Benefit and how it can be a total game-changer for your family's financial journey. 💰 Our blog breaks it down, making complex information easy to understand. Whether you're a newbie or a seasoned pro, this guide is your golden ticket to CCB mastery! 🔗 To explore more, tap the link in our bio. #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
🌟 Ready to break free from financial limitations and unlock your full potential? 🌟 Introducing EmpowerHer Money Mentoring – your gateway to living life on your own terms! 🚀 Imagine finally pursuing that dream business or career without being held back by financial constraints. With EmpowerHer, you'll receive personalized financial guidance and support tailored to your goals. 💰 Learn to manage your finances effectively, create a budget, set up a savings plan, and explore investment opportunities—all with the guidance of experienced mentors. 🌈 As you apply these principles in real-time, you'll gradually break free from limitations and watch your dreams turn into reality. Say goodbye to financial worries and hello to a life of empowerment! Ready to take the first step towards financial freedom? Join EmpowerHer Money Mentoring today and start living life on your own terms! 💼💡 #EmpowerHer #FinancialFreedom #liveyourdreams #CanadaBusiness #CanadianFinance
Hey SFC Fam! Did you know there's a way to make the most out of your property investments? 🏡💡 Check out our carousel for insider tips on maximizing your property profits, navigating capital gains, and safeguarding your cash flow. We get it – financial struggles can feel overwhelming. But with the right knowledge, you can turn the tide! Share this with someone who needs a financial boost or save it for when you're ready to take charge of your financial future. 🦸🏻♂️ . . . Hashtags: #finance #financetips #financenews #canadianfinance #personalfinance #personalfinancetips #personalfinancecanada #canadaupdates #canadaeconomy #money #moneymanagement #moneymanagementtips #moneygoals #financialeducation #financialliteracy #financialfreedom #success #successmindset #motivationalquotes #successmotivation #wealthmindset #capitalgains #propertytax #PropertyProfits #canada #realesatetips #canadianrealestateinvesting
It's that time again!! Supporting your local farmer's markets is more important than ever! As we head into the vibrant seasons of fresh produce, now is the perfect time to show your support. Here’s why: 1️⃣ Fresh, Nutrient-Rich Food: Local farmer's markets offer fruits, vegetables, and other products that are picked at their peak, meaning they're bursting with flavor and packed with nutrients. 2️⃣ Supporting Local Economy: By shopping at farmer's markets, you're directly supporting local farmers and artisans, keeping money circulating within your community. 3️⃣ Environmental Impact: Buying locally reduces the carbon footprint associated with transportation and packaging. Plus, many local farmers prioritize sustainable and organic farming practices. 4️⃣ Community Connection: Farmer's markets are vibrant community hubs where you can meet the people who grow your food, learn about their techniques, and connect with neighbors. 5️⃣ Seasonal Variety: As the seasons change, so does the produce available at farmer's markets. Embrace the variety and celebrate the flavours of each season. Now is the time to visit your local farmer's market and see what's just ramping up! Let’s support our farmers and enjoy the bounty of the season together. Tell me what your favourite item is to purchase at the Farmer's Market is 👇🏻 #SupportLocal #FarmersMarketFinds #egfarmersmarket #newmarketfarmersmarket #aurorafarmersmarket #georginafarmersmarket #conciergemortgagegroup #yorkregionmortgages #newmarketmortgages #gtamortgages #torontomortgages #torontomortgagebroker #canadianfinance #mortgagesolutions #mortgagebroker #gtarealestate #newmarketrealestate #homeownership #homebuyer #newmarketontario #yorkregion #ontariohomes #ontariomortgages #mortgageservices
🏡✨ Navigating the Canadian First-Time Home Buyers: Essential knowledge for First-Time Homebuyers 🍁💼 Don't Miss Out on the Insider Knowledge! #HomeSweetHome #CanadianRealEstate #FirstTimeBuyersTips #FirstTimeHomeBuyer #CanadianFinance #TaxFreeSavings #FutureHomeOwner #DreamHomeFund
To learn more about Cosa's projects, please visit www.cosaresources.ca. . . . #canadianstocks #canada #investing #stockmarket #canadainvestors #stocks #montreal #toronto #canadianinvestments #canadianfinance #canadianbusiness
Do you like pickles? If you answered yes then you are going to want to try this recipe. Dill pickle bread Mix together: 1 cup sour cream 1 cup canola oil 4 eggs 2 tbsp sugar 2 tbsp pickle juice 3 1/2 cups flour 2 1/2 tsp baking powder 1 tsp salt 1 cup shredded cheese 1 cup chopped pickles 4 tsp dill Bake at 350 for 45 minutes in a load or 25 minutes in a muffin tin. If you love pickles save this recipe for later and let me know below if you will try it. - - - - - - - Follow me for more content: @piggybankprosperity 👍 Like 🔃 Share ✍️ Comment 📌 Save - - #piggybankprosperity #momonabudget #budgetingmom #frugallife #personalfinanceforfamilies #frugalrecipes #debtfreecommunitycanada #canadianpersonalfinance #debtfreejourneycanada #debtfreecanadian #canadianfinances #canadianfinance #frugalmom #frugalfamily #moneysavingmom #frugaltips
Optimizing your RRSP 💸 🔍 Start Early: Time is your greatest asset when it comes to investing. The earlier you start contributing to your RRSP, the more time your money has to grow through compound interest. 💰 Consistency is Key: Make regular contributions to your RRSP to maximize its potential. Even small, consistent contributions can make a significant impact over time. 📈 Think Long-Term: Don’t just focus on short-term gains. Consider your long-term financial goals and invest accordingly. RRSPs are ideal for long-term investment strategies. 💡 Diversify Your Investments: Spread your RRSP contributions across a variety of investment options for stability and growth potential. 🏠 Home Buyer’s Plan: Take advantage of the Home Buyer’s Plan to withdraw up to $60,000 from your RRSP tax-free to purchase your first home. 📚 Lifelong Learning Plan: Utilize the Lifelong Learning Plan to withdraw up to $10,000 per year from your RRSP to finance your education or training, tax-free. 💼 Invest in Yourself: Your RRSP isn’t just for retirement. Use it to invest in yourself through education, homeownership, or other financial goals. 💸 Tax Exemptions: Contributions to your RRSP are tax-deductible, meaning you can reduce your taxable income and potentially receive a tax refund. Plus, your investments grow tax-free within the RRSP until withdrawal. 🚀 Secure Your Financial Future: By optimizing your RRSP, you’re setting yourself up for a secure financial future and building wealth over time. Start now and reap the rewards later! #rrsp #torontofinance #personalfinance #personalfinancecanada #firsthomebuyertips #financetips #canadianpersonalfinance #moneyhacks #millennialmoney #moneymoves #canadianfinance #torontocontentcreator #yyzcontentcreator #yyz #torontorealtor
Calling all Canadian expats in the UK! 📢✈️ Exciting news: All Points Tax & Bookkeeping Services is now here to simplify your financial journey abroad. 🍁💼 Contact us today to ensure smooth sailing through your tax and financial matters! 🌍 #ExpatsUK #Durham #UnitedKingdom #MoneyManagement #Budgeting #WealthManagement #SmartInvesting #TaxLaws #IRSDeadlines #CanadaTax #CanadianTax #CRA #TaxFilingUnitedKingdom #CanadianFinance #TaxSeason #TaxPreparation #TaxTips #TaxTime #FileYourTaxes #SmallBusiness #Entrepreneurship #FinanceTips #BusinessOwners #TaxServices #Bookkeeping #Accounting #FinancialServices
From coast to coast, Canadians are navigating the waves of debt. 🌊 Let’s flip the script and ride the tide to financial freedom with strategic expense management! 🚀 #DebtFreeJourney #FinancialFreedom #CanadianFinance #financialadvisor
Navigating Changes in the Federal Budget 2024: What Canadians Need to Know The Federal Budget 2024 brings changes impacting Canadians' finances. Here's a simplified breakdown: #Budget2024 #TaxChanges #Entrepreneurship #CanadianFinance #wisewallethub #dharbhogal #mouniatlili
Feeling lost in the world of personal finance? You're not alone. Money remains the leading source of stress and anxiety for Canadians. Today, people feel lost and isolated, making their financial situation even more stressful. But that's why I'm here. As a licensed advisor, I make your financial journey clearer than ever. Unlike advisors constrained by one company's offerings, I have the ability to find products and strategies tailored specifically to YOU. With the freedom to explore the market, I ensure your needs and goals are always front and center. From building up savings & investments to eliminating debt and protecting your income, I have the expertise to guide you every step of the way. And let's not overlook the pivotal areas of retirement planning, education funding, and will & estate plans. But it doesn't stop there. As an advocate for financial literacy, I believe in equipping you with the knowledge to secure your financial future for a lifetime. That's why I prioritize financial education, empowering you to make informed decisions today and tomorrow. Ready to save your financial future? 🌟 Schedule a FREE appointment at the link in my bio! Achieving financial independence is not just a dream; it's often just a decision away. Tav Dhillon BCom Finance, RRA™ Licensed Financial Professional 📧 [email protected]
Want to make the most of your tax refund this year? Here are a few great ideas: 1. Start an emergency fund 2. Open a TFSA 3. Top up your RRSP 4. Tackle your credit card debt 5. Pay down your mortgage Get the details in our blog! https://ow.ly/Yjkg50RzAHl #canadianfinance #taxrefund #financialgoals #prosprbysunlife
🙌Consumer Proposal vs Bankruptcy: Understanding the Difference! 👉A consumer proposal involves a formal agreement with unsecured creditors, facilitated by a Licensed Insolvency Trustee. This proposal determines a repayment plan based on your income, assets, and total debt, offering a structured approach to lessen your debt while safeguarding you from creditor actions. 👉Bankruptcy, on the other hand, is a legal process that discharges most of your debts and stops legal actions taken by creditors. Some assets may be liquidated with the Licensed Insolvency Trustee. By settling assets with the Trustee, you can achieve debt relief and retain ownership of your assets. Our skilled team is here to assist you in navigating the differences between a consumer proposals and bankruptcy, ensuring you’re fully aware of the details and advantages of each option. Let us support you in selecting the best route to reclaim financial stability and have a fresh start in your financial journey. For all inquiries & to BOOK, contact us at: 📲 DM 📞 1-844-482-3328 💻 trustee.ca ___________________________ #canadianfinance #mortgages #mortgagerates #interestrates #debtrelief #debtfreecommunity #debtfreejourney #mortgageloans #mortgagelending #gtarealestate #realestatetoronto #ConsumerProposal #StudentLoan #FinancialNavigation #InsolventTrustees #taxes #trudea #cra
Let's talk about the sweet spot between budgeting and enjoying life to the fullest. 💸 It's not just about saving every penny; it's about aligning your spending with what truly matters to you. So, go ahead and treat yourself guilt-free! #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
💡 Unlocking financial knowledge one strip at a time! 💼💰 Dive into our RRSPs Comics Strip series! Today's topic: 'Common-law Partner' 💑 Swipe through for clarity! 🔖 Tag someone who could use this insight or save for later reference. . . . #FinancialEducation #RRSPs #SFCFam #MoneyMatters #CanadaFinance #InvestingTips #FinancialFreedom #StockMarketInsights #RealEstateAdvice #EmpowerYourFinances #FinancialWellness #SavingsGoals #WealthBuilding #MoneyManagement #FinancialLiteracy #SuccessMindset #FinancialPlanning #CanadianFinance #MoneyTalks #GrowYourWealth #InvestmentStrategies #SmartMoneyMoves #BuildYourFuture #MoneyTalk #SFC
Imagine you're a homeowner who's paid a significant portion of your mortgage, building 'equity' in your home. 🏠 Equity is the difference between your home's value and what you still owe on your mortgage—it's essentially the part of your home you truly "own." As you get older, if you need extra cash for living expenses, helping out family, or any other reason, a reverse mortgage can be a helpful option. 🔄💰 It's a special kind of loan that lets you convert some of your equity into cash without selling your home or making regular loan payments. Here's how it works: ▶️ Stay in your home: You don't have to move; you continue living in your home. ▶️ No regular payments: You don't make monthly payments. The loan is due when you no longer live in the house. ▶️ Get the cash: You can take the money as a lump sum, set up regular payments, or a combination of both. ▶️ Interest accumulates: Interest will add up over time, but you don't have to worry about it until later. This means the amount owed can grow. ▶️ Pay back later: The loan and interest are paid back when you sell the home, move out, or in the event of your passing, usually through the home's sale proceeds. Keep in mind, a reverse mortgage means you're slow-selling the part of your home you own, which can affect your estate and the value you can pass on to your family. 🤔 Considering this or need more details on how it might affect you? Feel free to send us a direct message. 📩 . #mortgagebroker #mortgageassistance #canadianfinance #residentialproperty #mortgagebanker #mybrokerpro #mocobrokers #mortgageprocess #privatelender #mortgage101 #mortgagefreecommunity #reversemortgage #mortgagecanada #mortgageoptions #realestatecanada #mortgagerates #homeequity
Most of your financial consultants offer advice independent from one another, but how might their recommendations and the potential results be different if they had worked together? As your Family CFO it is not our job to tell you what to do but to help you understand all the options you have, so you can make the best decisions for you and your family. We will make sure your Business and personal financial lives are: 👌Simple ✨Integrated ☑️Coordinated 🗂️and Organized We will use simple tools to teach you the defensive and offensive Rules for Prosperity. The Family CFO’s job is to stay objective and not play the game for you but to teach you the rules of the game so you can win the game for you and your family! Interested in our approach? Schedule a 15-minute chat with us to find out if we can add value to your life and to see if we are a good fit for your financial dreams. Link in bio @gane.financial ⠀⠀ ⠀⠀ ⠀⠀ ⠀⠀ ⠀⠀ #ganefinancial #financialeducation #canadianfinance #barriefinance #financialstrategy
🇨🇦💼 Curious about GIF investments? Here's the lowdown: GIF stands for Guaranteed Investment Funds, offering growth potential with a safety net. 💰📈 They're a mix of mutual funds and insurance, providing steady growth and protection against market downturns. Perfect for those seeking a balance between risk and security! 💼✨ 📞 416-616-2775 📩 [email protected] 🌐 www.kapurfinancial.com #Investing101 #CanadianFinance
Interest Rates: Not Just a Numbers Game In recent remarks before the House of Commons finance committee, Bank of Canada Governor Tiff Macklem emphasized the nuanced approach Canada takes regarding its interest rates. While they don't necessarily align with U.S. or global rates, Macklem underscored the importance of maintaining a reasonable proximity. This stance is not arbitrary. As highlighted by BMO chief economist Douglas Porter, significant disparities could trigger adverse effects, particularly on the Canadian dollar. Such scenarios could escalate trade disruptions, especially with the United States, our largest trading partner. With regard to monetary policy, anticipation mounts for potential rate adjustments by the Bank of Canada, juxtaposed with the cautious stance of the U.S. Federal Reserve. Macklem's observations on inflation trends hint at forthcoming adjustments, but with caution. While Canada may contemplate independent actions, prudent synchronization with the Federal Reserve is pivotal to mitigate undue currency volatility. As the economic landscape evolves, vigilance remains key. Stay informed as we monitor Canada’s navigation of these intricate economic dynamics. #economicinsights #interestrates #monetarypolicy #canadianfinance #bankofcanada #financialstrategy #trustonefinancial
🤔Are the Big 6 Banks all they're cracked up to be? Or are there better options? Depending on what your needs are... there are better options. 🏦The Big 6 Banks have the largest net worth & control 90% of the market. That means they hold a bit of a monopoly over the banking industry and make no mistake, they are a BIG business. Are they really here to help YOU better your financial future? Or is their job to better THEIR financial future? (Using your money) 💰The fact is, we have put a lot of trust in big banks because it's all we've ever really known. We've gone to them to hold our savings, invest in our retirement, we use them to obtain our mortgages and get our credits cards from them. It's "normal" for us to bank with them. But in a world of mediocre customer service, low-interest rates on savings accounts, expensive investments & fees on anything and everything, online banks are fast becoming a popular banking alternative for those looking for something better. 🤷♀️𝐖𝐇𝐘? Convenience, no monthly or ATM fees, competitive interest rates, better customer service & perks! Plus, your deposits up to $100,000 are protected by the CDIC just like they are with the Big 6 Banks! Take @eqbank for example. It offers cashback on spending using your bank card, no FOREX charges on their Mastercard when used internationally and you could earn a bonus interest rate of 4.00%.🙌 🔗 Link in my bio if you want $25 to open up an EQ Bank account! Will online banks solve all of your banking needs? It depends on your needs. But they do solve some of our problems (ie high fees) & I highly recommend you look into them to find out which will earn you more AND save you more! 👉Who do you currently bank with? Any online? Which of the Big 6?
They don't teach you this in school but negotiating with your employer is key. Honing my negotiating skills has been key to my career growth and salary increase. 🔑 When I first graduated university in 2019, I only earned 42K pre-tax in Winnipeg, Manitoba. Flash forward today, I'm earning more than x4 that amount (but I also live in a more expensive city!) 📈 On top of that, I managed to get my employer and freelance client to pay for memberships and courses that will help improve my skills expand my network. After all, it also benefits them. 👩🎓 I also have my benefits covered (even when I was freelancing) and anything work related such as WFH office set up. I also managed to expense co-working sessions through negotiation. 💻 This year, I also negotiated for a sign-on bonus with my new role. I ended up with two offers and asked both companies what they could do. The sign-on bonus was a great offer compared to increased vacation time for me.💰 The company offering the sign-on offer also had unlimited PTO! The sign-on offer also covered whatever bonus I missed out on in my first year since employees only get bonuses after their first year at my current workplace. 💸 If you don't ask for it, you won't know! Look at all things I managed to get covered by my company & client! Never be afraid to negotiate. Know your worth, and make sure they pay you what they owe you! 😎😎 #careergrowth #careergrowthtips #salarynegotiation #salarynegotiations #personalfinance #personalfinanceforwomen #paymewhatyouoweme #canadianfinance #workingwomen #ladiesgetpaid #letsgetpaid #getthatbread
Apparently, Gen Z is richer than you think 💸 According to The Economist, Gen Z is wealthier than previous generations were at the same age. However, Gen Z Canadians still face financial concerns similar to those of past generations, such as affordability of homes and cars. Nevertheless, platforms like TikTok and Instagram are aiding them in developing financial acumen. Approximately 80% of Canadian teenagers are confident in managing money, with 64% already saving for the future. Their achievements can also be attributed to favorable timing; they entered the job market during a period of historically low youth unemployment, unlike many Millennials who dealt with an economy recovering from the global financial crisis. Additionally, their approach to work differs as they anticipate higher starting salaries, more frequent salary increases, and prioritize flexibility and work-life balance. To learn more about passive investing in a portfolio of real estate assets across Western Canada, visit the LINK IN BIO ✨ // #realestateinvesting #realestatecanada #reit #markettrends #financialeducation #financialreporting #canadianfinance #westbow #investmentcanada #canadian #westerncanada #assetmanagement #propertymanagement #investwithus #chilliwack #chilliwackbc #calgarybc #sask
With a strong commitment to excellence, we're dedicated to helping individuals and businesses alike navigate the complexities of finance with confidence. From wealth management and investment strategies to health and life insurance protection, our team of professionals is here to support your financial goals every step of the way. Discover the difference personalized service and tailored solutions can make for your financial future. Let's embark on this journey together! 💼✨ https://apexwealthcreation.com/ #CanadianFinance #FinancialServices #ExpertiseYouCanTrust
Have you considered the tax implications of leaving or being let go from your job? It's crucial to understand how different payments are treated for tax purposes. Here's a breakdown: 1️⃣ Continuation of Salary: If your employer extends your salary during a notice period, it's taxed like regular employment income, with the same withholding at source. 2️⃣ Severance Payment: Whether offered by the employer, settled in a lawsuit, or awarded by the court, it falls under the definition of a "retiring allowance" and is taxable. However, there are strategies to minimize tax burdens: 💰 RRSP Transfer: Part of the retiring allowance can be transferred to your RRSP, reducing immediate tax obligations. 🚫 Non-Taxable Portions: A portion of the award allocated to damages for mental distress, defamation, or human rights violations might be non-taxable. ⚖️ Punitive or Exemplary Damages: In severe cases of employer wrongdoing, a portion of the award classified as punitive or exemplary damages may be non-taxable. 📝 Legal Expenses: Amounts paid to cover legal fees are not taxable, reducing the taxable portion of the settlement. 🤝 Non-Taxable Benefits: Re-employment or retirement counselling services provided by the employer are non-taxable. Tax planning from the outset is crucial. Waiting until the settlement is imminent may limit options so understanding the tax implications is important. Talk to our team today for more details via our website. #jobsearching #jobloss #yyc #calgary #calgarylife #calgaryfamily #yycaccounting #accounting #accountingtips #accountingfirm #accountingservices #smallbusiness #finance #FinanceTips #canadiantax #canadianfinance #geibandcoyyc
Myth: Achieving financial security is reserved for the elite few. Fact: Financial security is attainable for anyone willing to take proactive steps toward their goals. Take charge of your financial future today by implementing these steps. Build the way toward lasting financial security and prosperity by building a solid financial foundation as soon as possible. Ready to launch on your journey to financial freedom? 👉🏼 Click the link in my bio for your free financial education session. Let's equip you with the knowledge and tools needed to achieve your financial goals. Remember, financial security is within reach as long as you start building your path today. Tav Dhillon BCom Finance, RRA™ Licensed Financial Professional 📧 [email protected]
Internet usage in Canada has skyrocketed, with 94% of Canadians now going online for personal use. From budgeting to banking, the convenience and accessibility of online financial tools has revolutionized the way we all handle our money. 💻💸 At Gigadat, we're proud to be part of this digital transformation, empowering Canadians to take control of their finances with secure and efficient online payment solutions. Join us as we navigate the digital landscape together, redefining the way we manage our money in the modern age! 🚀🌐 #CanadianBanking #OnlinePayments #OnlineTransactions #CanadianFinance
How the other half eats is written by a Sociologist who wanted to know the role of food in families and how people ate and why. She studied 4 families in depth and their eating and cooking habits. She became very close to the families throughout her research. Her book weaves her own story with the story of these families and the story of food scarcity and abundance in America. I found this book fascinating and I loved the authors writing style and stories. Let me know if you have read it or if you plan to save this post for later. - - - - - - - Follow me for more content: @piggybankprosperity 👍 Like 🔃 Share ✍️ Comment 📌 Save - - #piggybankprosperity #momonabudget #budgetingmom #frugallife #personalfinanceforfamilies #frugalfriday #debtfreecommunitycanada #canadianpersonalfinance #debtfreejourneycanada #debtfreecanadian #canadianfinances #canadianfinance #frugalmom #frugalfamily #moneysavingmom #frugaltips #sociology #foodscarcity #bookreviewers
💼💳 Transform your business with the power of Canada's best credit cards! From simplifying transactions to maximizing rewards, these cards are your gateway to success. Ready to streamline your finances and unlock new opportunities? Let's make it happen! 🔗 Dive deeper into the Best Business Credit Cards in Canada. Link in bio #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
🚨🚨🚨 RRSP 🚨🚨🚨 A lot of you asked about this. I know we’ve been taught to save for retirement in the RRSP account. But they never gave us the education about what happens to your money and how to reap the benefits (ie: keep most of the money while paying the least amount of taxes on it) Repeat after me: 𝐓𝐡𝐞 𝐑𝐑𝐒𝐏 𝐰𝐚𝐬 𝐜𝐫𝐞𝐚𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐅𝐎𝐑 𝐓𝐇𝐄 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 👀 The RRSP can be a good tool (esp if you’re getting employer matches) - but you must learn how to keep most of your money - how to withdraw it properly so you don’t end up making the Canadian government your beneficiary 🥹 The RRSP can be beneficial, but for most people, a TFSA is a better choice tax wise. If you’re maxed out on the TFSA, then that’s when I would use the RRSP - and if it dropped someone down a tax bracket and saved them significantly. And if you got employer matches. HOWEVER - you have to learn how to meltdown (withdraw) out of your RRSP properly in the most tax efficient way. If you die and you have a significant amount in there - the gov will tax the entire amount as income at whatever tax bracket it happens to land in. IMAGINE GIFTING THE GOV 50% of your retirement funds 🤮 Swipe ➡️ to see 👀 FINANCIAL PLANNING IS KEY. FINANCIAL EDUCATION IS KEY. #financialplanning #retirement #moneytips #moneyhacks #canadianfinance #learnaboutmoney #rrsp
5 Money Habits That Changed my Life💰🔁 ▪️Split the rent - This simple hack saved me thousands of dollars in rent that went to other things. With the cost of rent so high these days it may be better to have roommates than put the whole burden on yourself. ▪️Income is never enough - Think about what could happen if you lose your source of income? Saving and investing will take you from financial stability to financial independence. ▪️Live within your means - Never spend money in advance anticipating an income. Use credit cards only as means of payments and not free money or loan. If you’re struggling with credit card debt, it’s time to put away the card and start paying with debit. ▪️Invest in yourself - When you do this you improve your income potential which has ripple effect in helping you save + invest more. ▪️Maximize your time - it’s okay to unwind with social media or TV but don’t get caught wasting countless unproductive hours. Be mindful of your time. Time is money! These tips helped improve my finances in my 20s and I believe they can help you too. What other habits have helped you improve your finances too?👇🏽
Welcome to Tuesday Tips from Judah Tax Services! Today, we're sharing 3 essential tax tips for business owners to maximize returns, especially with the June 15 filing deadline: 1️⃣ Keep meticulous records: Track all business expenses throughout the year to maximize deductions and minimize tax liabilities. 2️⃣ Leverage deductions: Explore all available deductions, including home office expenses, vehicle mileage, and business-related travel, to optimize savings. 3️⃣ Plan for retirement: Contribute to retirement accounts such as RRSPs or TFSAs to reduce taxable income and secure your financial future. Stay ahead of the game with these tips and let Judah Tax Services help you navigate tax season with ease. Contact us today! #TuesdayTips #TaxTips #BusinessOwners #TaxMaximization #JudahTaxServices #CanadianTaxSavings #TaxSavingsCanada #TaxTipsCA #FinanceCanada #TaxSmart #MoneySavingsCA #TaxPlanning #CanadianFinance #FinancialFreedomCA #OntarioTax #CanadaTax #torontotaxpreparer
This is my net worth today! I'll be tracking my net worth quarterly to make sure I'm on track to a net worth of $1M by 32 and $250K by the end of the year. I might reach it before then or after. Either way, I'd like to keep these goals and see how they go these few years! For this total, I've calculated all of my: 💵 Down payment deposits 💵 Savings in Canada 💵 Investments in Canada + US but converted everything to CAD I only calculate my Canadian banking because it's where I've truly made my own money. I am excited to grow this net worth this year! On another note... the stock market is so bullish now with earning reports season. I'm excited to see how RDDT, PLTR, DIS & AXON performs. PLTR could be in the S&P 500... are there any stocks that's keeping you on your toes? #stocks #stockstowatch #canadianfinance #canadianfinancetips #canadastocks #stockmarket #stockmarketeducation #stockmarketinvesting #networthtracking #networth #personalfinanceforwomen #ninimomoney
Why is my neighbor’s mortgage rate lower than mine? Dive into the world of real estate mortgage rates in Canada! Let's decode the factors behind those digits and learn how you can secure a better mortgage rate too! From property usage to credit scores and even your profession, discover the secrets that shape your mortgage journey. Plus, find a bonus tip on mastering negotiations with your mortgage broker! 📉💡 Don't miss out on saving those extra bucks! Follow us on YouTube for detailed video. LINK IN BIO #MortgageRates #InterestRates #FinancialTips #HomeOwnership #CanadianFinance #TheHomeVentures #RealEstate #RealEstateInvestment
As part of my goal to have a more abundant mindset when it comes to my finances, I truly invested myself this year. Through these investments, I want to become: ⛷️A better skier 📈A better investor 🏦A better financial planner 🥖A better French speaker 🧘♀️Someone who takes care of herself 🧗♀️A more skilled outdoorswoman 👯♀️& to network with more women in tech + product marketers + content marketers I also love traveling, so that's never going to stop. I've been putting aside a travel fund for my upcoming trips. Do you have planned budgets for your trips? I also can't wait to share what I've learned so far from my CFP and mentors. Stay tuned, x #travelbudget #investinyourself #investinyourselffirst #canadianfinance #canadianfinances #travelbudgettips #personalfinance #personalfinanceforwomen
🌟 Financial Wellness Tips: 🌟 1. Set Clear Financial Goals: Transform your dreams into achievable milestones. Define, be specific, break it down, stay flexible, celebrate! 2. Build an Emergency Fund: Start small, save a portion of income monthly. Aim for 3-6 months of living expenses. 3. Manage and Reduce Debt: List debts, create a plan, focus on high-interest debts, consider consolidation or negotiation. Remember, small steps lead to big financial gains! 💪✨ Sure thing! Here's the list without bullet points: #MortgageBroker #OntarioRealEstate #FinancialWellness #CanadianFinance #OntarioHomeOwnership #DebtFreeLiving #SavingsGoals #EmergencyFund #SmartMoneyManagement #FinancialPlanning #HomeOwnershipDreams #BudgetingTips #MoneySmart #OntarioProperty #DebtManagement
Ever wondered how the rich seem to effortlessly accumulate wealth? It's all about understanding basic financial principles. Financial education is truly the foundation of wealth building. Knowing how money works, including protection, investing, debt, inflation, and taxes is crucial. By learning these fundamentals, you can make informed decisions that lead to financial success. You learn to make time and money work for you. You gain confidence in your financial future and know that you and your loved ones are secure. You reignite hope that you can make your dream life come true. By prioritizing your financial education and implementing sound financial strategies, you too can launch on the journey towards wealth accumulation. Are you ready to take control of your financial future? 👉🏼 Click the link in my bio for a complimentary financial education session. Become equipped with the knowledge and tools to build lasting prosperity. Tav Dhillon BCom Finance, RRA™ Licensed Financial Professional 📧 [email protected]
Hey everyone 👋 it’s already been one week into May, which means it’s time to think about budget! To start with, I look at my sources of income. Here’s a breakdown! 💰9-5 PMM (main stable source) 💰Freelance writing & content projects (quite stable so far, but I’m not counting on it - also paid in USD but converted to CAD to simplify given the other sections are in CAD) 💰Petsitting and housesitting has been a great way to earn a little extra. I work from home so this suits me too. 💰I am trying some new strategies with swing trading. My goal is to hit 2K here eventually with stocks. As for the HISA bonuses and interest, I signed up for a HISA with Simplii and got a bonus of CAD 400. The promotional rate was 6% for six months. I also earned 4% interest with my HISAs at Neo and Wealthsimple. Even though it’s the same rate, I have separate accounts for different purposes! They’re emergency fund and investing ☺️ I have a big emergency fund now since I’m about to own my first apartment and we all know Vancouver is crazy expensive 💸💸💸 In total, my May 2024 income is CAD 14,014.95. I already allocated some away for a course and I'm thinking about a mountaineering course... I'll share some budget updates soon! #finance #womeninfinance #financeliteracy #financetips #canadianfinance #canadianfinancetips #personalfinance
Don't let uncertainty hold you back. Our expert insights and strategies will empower you to thrive amidst the Bank of Canada's interest rate decisions. It's time to turn challenges into opportunities and secure your financial future.💰 🔗 Dive into our comprehensive guide. (Link in bio) #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
🇨🇦Tax debt can pose a significant challenge for many Canadians. If you find yourself in this situation with the Canada Revenue Agency, it can be overwhelming to know what to do next. Seeking assistance from a licensed insolvency trustee can help you navigate the process smoothly. Seeking help from a Licensed Insolvency Trustee (LIT) is essential when dealing with tax debts owed to the CRA to prevent consequences such as wage garnishment or freezing of bank accounts. LITs can negotiate with the CRA, propose payment schedules, and consider alternatives like consumer proposals or bankruptcy. Ignoring tax debts may result in legal actions and penalties, underscoring the importance of promptly addressing the matter with expert advice. Our experienced team can assist you throughout the CRA collections process, offering tailored solutions to meet your specific requirements. Take control of your financial situation today by reaching out to us for more information on how we can help you achieve freedom from debt. For all inquiries & to BOOK, contact us at: 📲 DM 📞 1-844-482-3328 💻 trustee.ca ___________________________ #canadianfinance #mortgages #mortgagerates #interestrates #debtrelief #debtfreecommunity #debtfreejourney #mortgageloans #mortgagelending #gtarealestate #realestatetoronto #ConsumerProposal #StudentLoan #FinancialNavigation #InsolventTrustees #taxes #trudea #cra
Start saving for next tax year, even if Q1 is over! 💰 At Judah Tax Services, we've got your back with savvy tips: 1️⃣ Keep tabs on charitable donations and deductible expenses throughout the year. 2️⃣ Plan ahead to maximize deductions and minimize tax liabilities for next year. 3️⃣ Stay organized with our expert guidance to ensure no deduction goes unclaimed. It's never too early to save on taxes! Let's strategize together. Contact us today. #TaxSavings #FinancialPlanning #JudahTaxServices #CanadianTaxSavings #TaxSavingsCanada #TaxTipsCA #FinanceCanada #TaxSmart #MoneySavingsCA #TaxPlanning #CanadianFinance #FinancialFreedomCA #JudahTax
✨Buy Your First Home in 2024!✨ Date: Wednesday May 8th 📆 Time: 8pm 🕗 Location: Online 🏠 Are you interested in buying your first home in 2024? Are you wondering where to start? You're not alone! I work with people like you everyday - eager to get into the housing market, with very similar questions around the costs, process and benefits to you as a first-time buyer. Let's spend 30 minutes together and review all there is to know about buying your first home, including: 📌 The 7-Step Homebuying Process 📌 How much $$ to save & where 📌 Documents you'll need to provide 📌 Maintaining your credit score ... PLUS some time for Q&A ✨️ This event is entirely FREE to attend ✨️ Click the link in bio to register 😊 If you know someone that would be interested in attending - share this post with them! ____________________________________________ Carly Woodhead, CIM, MBA Mortgage Agent 2 FC Funding ( #10671)
“Investment Portfolio” may sound like it’s complicated, but it’s really just “what you own”: your collection of financial investments like (but not limited to) stocks, bonds, mutual funds, cash, and exchange traded funds (ETFs). The question is whether it’s a good collection that works well together to get you to your goals. #FinancialPlanningForWomen #FinancialFreedom #FinancialEducation #WealthEducation #FinancialEducator #FinancialEducationForWomen #FemaleFinancialPlanner #CertifiedFinancialPlanner #MoneyForWomen #FinancialIndependence #LetsTalkMoney #CanadianFinance
Elevate your investment. Build your legacy with Westbow Capital. With over 45 years of experience in real estate, development and construction, our expert team is here to assist you in your investing journey. Invest in real estate and development in a dynamic Canadian market. Enjoy the benefits of passive investing with our real estate investment trust, offering a portfolio of real estate assets across Western Canada. Join our waitlist NOW ✨ LINK IN BIO // #realestateinvesting #realestatecanada #reit #markettrends #financialeducation #financialreporting #canadianfinance #westbow #investmentcanada #canadian #westerncanada #assetmanagement #propertymanagement #investwithus #chilliwack #chilliwackbc #calgarybc #sask
Hi everyone! 👋 I'm a 28 year old gal from Singapore, who grew up in Malaysia + UK and currently living in Vancouver, Canada. I am a 9-5 content + product marketing manager who wants to become more financially literate & savvy and share that journey with you. I graduated debt-free from university with a BA in Economics as an international student. I am privileged to have parents who can afford and want to invest in my education. I am very, very grateful for that. Thank you, mum and dad! ❤️ Growing up, my mum emphasized that money is scarce even though we grew up in a comfortable home. My dad was the opposite which made it confusing. I'm trying to change my mindset from scarcity to abundance. However, that also meant that I learned how to save well from a young age. Historically, my parents are in healthcare, and only really invested in property in Singapore, Malaysia, and Australia so the stock market and Canadian finance is very new to me! My goal here? To have a healthier financial mindset instead of feeling guilty and make my money grow for me even more, beyond budgeting. Let's do it together? 👯♀️🤝 #financeliteracy #budgetjournal #financejourney #vancouver #canadafinance #canadianfinance #financegoals #vancouverfinancetips #ninimo$
This week, as Kamille deals with the tax season winding down, she dives into the world of financial spring cleaning. Providing key insights on how to reset with your finances, goals, and investments. Sit down with some tips and tricks on how to rest your finances and keep going strong in 2024 or steading working work towards striving. Stay tuned on de-cluttering your finances! CATCH THE PREMIERE ON YOUTUBE TODAY at 9:30 am! Question to everyone - What small changes during your financial spring cleaning made a big difference? Care to share so you can be featured on the podcast!! Feel free to share, like, subscribe comment, and discuss with us!! Watch on YouTube Live on Saturdays at 5:30 pm or listen on Sundays at 11:11 am You can find it on @spotify @googlepodcast @applepodcasts @radiopublicpbc, @pocketcasts and @youtube #Explore #ExplorePage #canadianfinance #canadianpersonalfinance #Finance #Personalfinance #personalfinancejourney #FinancialSpringCleaning #MoneyMakeover #BudgetRevamp #FinancialGoals #DebtFreeJourney #SavingsChallenge #InvestmentCleanup #FinancialWellness #SmartSpending #WealthBuilding #TaxPlanning #RetirementPlanning #FinancialFitness #MoneyManagement #FinancialFreedom #EmergencyFund #CuttingExpenses #InvestWisely #financialliteracy #podcast #Youtube #community #ThingsIWishIKnewAboutMoney
Question to everyone- What small changes during your financial spring cleaning made a big difference? Care to share so you can featured on the podcast!! Feel free to share, like, subscribe, comment, and discuss with us!! Watch on YouTube Live on Saturdays at 5:30 pm or listen on Sundays at 11:11 am You can find it on @anchor.fm @spotify @googlepodcast @applepodcasts @radiopublicpbc, @pocketcasts and @youtube #Explore #ExplorePage #canadianfinance #canadianpersonalfinance #Finance #Personalfinance #personalfinancejourney #FinancialSpringCleaning #MoneyMakeover #BudgetRevamp #FinancialGoals #DebtFreeJourney #SavingsChallenge #InvestmentCleanup #FinancialWellness #SmartSpending #WealthBuilding #TaxPlanning #RetirementPlanning #FinancialFitness #MoneyManagement #FrugalLiving #EmergencyFund #CuttingExpenses #InvestWisely #financialliteracy #podcast #Youtube #community #ThingsIWishIKnewAboutMoney
" A budget is telling your money where to go instead of wondering where it went." -John C. Maxwell Learning how to manage your money is one of the most important life skills. Budgeting every month to track where your money goes before using it all is a really important step to achieve financial stability and freedom in the future.
Hi fellow Canadian, finally, the weather is getting more pleasant, and suddenly everything looks green outside. I hope you're enjoying Canadian spring so far. 😊 My main job has gotten really busy this month, so I didn't have much time to create the financial content that I would have liked to in April. I will try to create more this month. Anyways, here are updates on my TFSA and FHSA contributions. I was again able to contribute $585 to my TFSA and $670 to my FHSA, just as I did last month. Yay, I did it for the fourth time this year in a row! 😊🎉 I set up automatic contributions to my investing accounts last month, and it definitely makes it easier. Paying yourself first before you spend is important! How are you progressing with your financial goals so far this year? 😊🎉
Planning for the future means securing your legacy today. But where to start? Fear not! Our guide to 'Schedule of Assets' breaks down the essentials of estate planning, ensuring your wishes are honored precisely as you intend. Let's empower your legacy, one smart step at a time! 💼💡 🔗 https://www.forumfinanzia.ca/financial-education/estate-planning-schedule-of-assets/ #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
As a Canadian individual or business owner, managing your finances effectively is crucial for long-term stability and success. At Taraz Immigration Services, we believe that everyone should have a solid grasp of essential financial skills to make informed decisions about their money. Here are the key skills we recommend every Canadian should have. #AccountingServices #FinancialLiteracy #MoneyManagement #CanadianFinance #SmallBusinessAccounting #PersonalFinance #TaxPreparation #BookkeepingServices #FinancialPlanning #RetirementSavings #InvestmentAdvice #CreditManagement #FinancialFreedom #AccountingTips #FinancialAdvisors #CanadaTaxes
If you have financial goals, how are you tracking them? How do you know how close you are? Tracking your spending and expenses is a great way to examine your financial situation and help set yourself up for financial success. When you know where each dollar is going, you’re more empowered to make conscious decisions that will help with your financial future. #FinancialPlanningForWomen #FinancialFreedom #FinancialEducation #WealthEducation #FinancialEducator #FinancialEducationForWomen #FemaleFinancialPlanner #CertifiedFinancialPlanner #MoneyForWomen #FinancialIndependence #LetsTalkMoney #CanadianFinance
A softening Canadian dollar could complicate Canada's plans for interest rate cuts 💫 With inflation easing, experts predict that the Bank of Canada might reduce interest rates by June. Lower rates can make borrowing more affordable and stimulate spending, which seems beneficial. However, there's a catch. Lower interest rates can discourage foreign investment due to reduced returns on certain investments, leading to decreased demand and a weakening national currency. This is a natural economic cycle, but it gets tricky when other countries' economic conditions differ. As inflation rises in the United States, the U.S. Federal Reserve might delay rate cuts, attracting more investment to the U.S. compared to Canada if Canada proceeds with rate cuts. This dilemma puts Canada's central bank in a challenging position: boosting the economy while maintaining the value of the Canadian dollar against the U.S. dollar. Consequently, some experts suggest that the Bank of Canada may limit the frequency and extent of rate cuts depending on U.S. monetary policy decisions. For more market updates, news, our podcast, newsletter and more, visit the LINK IN BIO 🏛️ // #realestateinvesting #realestatecanada #reit #markettrends #financialeducation #financialreporting #canadianfinance #westbow #investmentcanada #canadian #westerncanada #assetmanagement #propertymanagement #investwithus #chilliwack #chilliwackbc #calgarybc #sask
Meet the team. If your organization isn't evolving, it's time for an upgrade. We're a top-tier group of expert appraisers with a single mission: to help your business thrive by providing precise, reliable valuations. Our team is known for its sharp accuracy and commitment to quality, ensuring you get the best results every time. Ready to take your business to the next level? Connect with us today! #NiagaraAppraisals #GTARealEstate #GrimsbyAppraisers #HamiltonRealEstate #OntarioAppraisals #HomeValuations #NiagaraRealEstate #GrimsbyHomes #HamiltonProperty #Valuation #Appraisal #RealEstate #NewConstruction #Niagara #House #Value #AskAnExpert #CanadianFinance #NiagaraHomes #MarketUpdate #CanadianEconomy
Big congratulations to Sophie Rodriguez on their latest achievement! 🎉 We’re thrilled to have played a part in helping them purchase their dream car. At Alpha Pro Traders, we’re committed to providing top-notch trading signals and guiding our clients toward financial success. Join us today and let’s reach your goals together! 👤: @sophi_rodriq #AlphaProTraders #FinancialSuccess #Canada #CanadianFinance #CanadianTraders #CanadaInvesting #CanadaWealth #FinancialFreedomCanada #InvestingCanada #TradingCanada #CanadianEconomy #CanadianBusiness #MapleLeafFinance #TrueNorthInvesting #WealthyCanadians #CanadianDreams #CanadaOpportunity #InvestInCanada #CanadaWealthBuilding #CanadianMoneyMoves #GreatWhiteNorthInvesting #financialindependence
Are you tired of feeling like your money is running the show instead of you? It's time to flip the script! Join us on a journey to financial mastery, where we'll delve into organizing, investing, budgeting, and safeguarding your assets. Let's empower ourselves to take control and pave the way to financial freedom! 💼💸 #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
Now is a great time to connect with me and secure a rate hold for your upcoming renewal. We can lock the current rate in for up to 120 days to protect you from increases, while also taking advantage if the rate drops leading up to your renewal date. 📌 It's always a good idea to explore your options, rather than simply renewing with your current lender. ☎ Book a call with me at www.meetwithcarly.com or DM me! __________________________________ Mortgage Agent 2 FC Funding ( #10671) #Homeownership #OntarioRealEstate #RealEstateTips #mortgagetips #haldimandnorfolk #canadianfinance #househunting #housegoals #norfolkcounty #simcoeontario #interestrates #hamont #oxfordcounty #brantford #woodstockontario #londonontario #portdover #homebuyingtips #financialplanning #firsttimehomebuyer
Tefari Bailey highlights how credit card companies can lead young Canadians into a cycle of debt and poor credit scores 🇨🇦👀 With @HutsyFinancial , he introduces a new way to build and rebuild credit with every purchase. This innovative approach aims to provide financial stability and empowerment, making it easier for individuals to achieve major life milestones like buying a home or a car. Via : @TefariBailey @SpokeNetwork 🏷️ #Waveroom #HutsyFinancial #FinancialFreedom #CreditSolution #TefariBailey #RebuildCredit #CanadianFinance #InnovativeBanking #DebtFreeJourney
Have you checked out the May edition of the FEI Canada Finance and Accounting Review (FAR) Newsletter? Read the latest edition to learn about the hot topics #FinancialExecutives need to know about: https://www.feicanada.org/cfo-resources/newsletters?id=5603 This month's FAR newsletter includes: 📖 The CFO’s Guide to Generative AI – IBM 📖 Leading the Way in AI Adoption with a Human-Centric Approach – Robert Half 📖 How Climate-Related Risk is Impacting Organization’s D&O Insurance - Marsh 📖 How to Lead Through Business Uncertainty with Technology and Strategic Vision – SAP Concur 📖 Transactional Risk Insurance 2023: Year in Review - Marsh Interested in receiving the FAR Newsletter in your inbox monthly? Subscribe here: https://www.feicanada.org/newslettersignup #feicanada #finance #FARnewsletter #financeandaccounting #acccounting #financenewsletter #canadianfinance #financetrends #cfo #cpa #cfa #teamfei
April 2024 Update: Our Baseline: 70 20 10 Rule April 2024: 🎯FIRE SR Goal: 20%+ (Failed ❌) 🎯Baseline Goal: 10% (Achieved ✅) Actual: Paycheck Breakdown: NEEDS 51.65% [$3,543.33] WANTS 38.66% [$2,652.23] SAVINGS 9.69% [$664.75] Analysis: For most of April we were away on vacation. Won't be back until mid-May. The biggest advantage of this is that we were able to use our typical monthly budget for vacation expenses. This did help a lot as we didn't have a fully funded vacation fund yet since it was a last-minute decision to travel earlier (Visit Grandparents). For April, we got our tax refund which was then split between Baby M's education fund and vacation fund. In addition to our typical income, we also got CCB, and climate change credits... All in all, this was a very expensive month as expected but cashflow is looking pretty good and overall we are on track to be within the $9K budget. How was your April? Follow For More Budget Tips & Tricks: ✨@EatSleepBudgetRepeat🍜💰 . . . Tag #702010Rule #503020Rule #Budgeting #Budget101 #PersonalFinance #Money #Savings #SavingsRate #Wealth #StepByStep #CanadianFinances #CanadianFinance #financiallyfit #EatSleepBudget #goals #moneygoals
I'm here to guide you in making the best choice for your parent’s insurance needs, and I'm confident that Supervisa Insurance has everything you're looking for. 🤔 Have questions? Call me at 236-869-3337 or visit this link to Whatsapp me: https://wa.me/message/GDEDB5ULPXCWI1
We are way too hard on ourselves. And it needs to stop.🙅♀️ We've all been there — 👉feeling like we don't make enough 👉doubting our financial decisions 👉and carrying the weight of past money mistakes. But here's the truth: None of us are perfect, and that's perfectly okay. Instead of dwelling on what we "should have, could have, would have" done differently, let's focus on moving forward. 🌱Every setback we encounter is a chance to learn and grow. Yes, it's important to be mindful of our spending and make conscious choices. And yes, there will be moments when the fun police will show up and say, "𝘕𝘰, 𝘺𝘰𝘶 𝘤𝘢𝘯'𝘵 𝘣𝘶𝘺 𝘵𝘩𝘢𝘵." But that doesn't mean we have to carry the weight of past mistakes every. single. day. So here's my advice: Forgive yourself. Let go of the guilt and self-criticism - not just with money, but with all things and make small consistent progress. 💜You've got this. #moneymindset #financialfreedom #personalfinance #wealthcoach #moneycoachforwomen #moneytipsforwomen #investingforwomen #fempower #payyourselffirst #womenrisingtogether #canadianwomen #canadianfinance #torontowomen #vancouverwomeninbusiness #investormindset #financialliteracy #payoffdebt #financialfreedom
🔍 Feeling overwhelmed by the intensity of home bidding wars in Canada's bustling market? Take a deep breath—our blog has you covered! Discover the winning strategies and expert insights you need to outmaneuver the competition and secure your dream home. 🏡 🔗 Read our expert guide: https://www.forumfinanzia.ca/mortgages/strategies-for-winning-in-the-2024-home-bidding-wars/ #forumfinanzia #CanadianFinance #PersonalFinanceCA #InvestingInCanada #TaxFreeGrowth #TaxTipsCanada #WealthManagementCA
April 2024 Saving Rate (SR) If you are new to our page, welcome, and thanks for stopping by. To achieve our CoastFIRE goals, we use a combination of the 70 20 10 Rule and Zero-base budget to help us stay on track. Each month, the goal is to put away 10% of our after-tax income. 10% is the baseline, the ultimate goal is to beat it by either reducing our "Needs" and "Wants" categories OR increasing income via side hustling. Though most of our savings from each paycheque these days primarily go towards sinking funds. This is still very important as it helps us find a balance and not burn out from our journey too early. About Us: We are a single-income family, though I make a decent income ($100K). $100K just isn't the same as it used to be due to the significant cost of living increases over the last few years. These days, most of our retirement heavy lifting is from our existing investments compounding and my monthly pension contribution. Though money is tighter, I still continue to work on improving my skills to increase my income. Playing the long game. How we did this month (Monthly Paycheck Overview): 1️⃣JAN: 9.12% 2️⃣FEB: 12.2% 3️⃣MAR: 9.87% 4️⃣APR: 9.69% ⬅️ 5️⃣MAY: TBD 6️⃣JUN: TBD 7️⃣JUL: TBD 8️⃣AUG: TBD 9️⃣SEP: TBD 0️⃣OCT: TBD 1️⃣NOV: TBD 2️⃣DEC: TBD YTD Avg. PayCheque SR: 10.05% -- Total Savings This Month 👇 Monthly Paycheck: +$664.75 Interests: +$217.65 Pension: +$740.96 Dividends: IP (Not a dividend portfolio. I check dividends quarterly) ✨@EatSleepBudgetRepeat🍜💰 . . . Tag #nevertoolate #financialwisdom #savemoneylivebetter #savingmoney #coastfire #debtfreedom #moneymindset #money #millionairemindset #debtfreecommunity #debtfree #moneyblogger #journeytofinancialfreedom #investing #fatfire #inspiration #canadianfinance #canadianfinances #personalfinance #moneytips #eatsleepbudget #eatsleepbudgetrepeat #sinkingfunds
Have you neglected you investment portfolio? Your investment portfolio is the cornerstone of your wealth accumulation plan over the long term, and should have a close eye kept on it. An annual portfolio review can show if your portfolio has gone off the rails and where attention is needed. Invest on cryptocurrency trade investment now📊📈 The year is coming to an end! And it's better make you move now! When you've the best trading platform page here for you! #investmentportfolio #certifiedfinancialplanner #canadianfinance #investingtips #FinancialEmpowerment #MoneyManagement #FinancialFreedom #PersonalFinance #WealthBuilding #FinancialWellness #MoneyMindset #investing #cryptocurrency #tradingstrategy