Posted in Budget
Smart Ways To Use Your Tax Rebate
Posted by Frank Gasper
on 9 February 2021

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On average, the tax rebate Canadian's received for 2020 was $1,850. How you use your tax rebate can have a huge impact on your financial future, even though it might not be evident right away. It's important to plan ahead to get the greatest benefit.
What is a Tax Rebate?
A tax rebate is a reimbursement by the government of taxes overpaid by the taxpayer throughout the year. One of the most common reasons for a tax rebate is due to contributions made to an RRSP, which is t...
Set Yourself up for Financial Success in 2021
Posted by Frank Gasper
on 19 January 2021

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Whether you set new year resolutions or not, taking one step toward improving your financial literacy and applying that knowledge in 2021 would serve everyone well. Small steps will get you moving in the right direction. Here are some easy ways to get started.
Learn About Personal Finance
Whether you have lots of time or only a few minutes a week, there are plenty of sources of information on personal finance. Here are some solid recommendations to get you started.
Blogs:&...
The Best Kept Personal Finance Secret: RDSPs
Posted by Frank Gasper
on 24 March 2020

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If I told you that the government would match your contribution to a long-term savings plan by 300%, would you be interested in learning more? How about 200%? Are you still listening at a 100% match?
About RDSPs
For individuals with any sort of disability that affects their daily life (physical or intellectual), a Registered Disability Savings Plan (RDSP) is available to them. An RDSP allows the individual (or parent/guardian) to save for the long-term in a tax-deferred account, but also...
Retirement Planning: Learn From Other People's Mistakes
Posted by Frank Gasper
on 18 February 2020

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Retirement Planning: Learn From Other People's Mistakes
I get asked a lot of questions about money; from clients, friends, family, neighbours and strangers and I can honestly say, I have never come across any personal finance situation that was the same for any one person. My answers for them are always different because every single person has a twist to their financial story.
But I have noticed some very common mistakes people make when it comes to planning for their retirement. I...
Jump In, Make a Budget & Start Saving
Posted by Frank Gasper
on 22 January 2020

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Jump In, Make a Budget & Start Saving
Here are six easy things anyone can do to get a handle on their money in 2020 and help them start saving to reach their personal financial goals.
1. Figure out how much comes in and how much goes out
This isn't as hard as it sounds. Given that most of our purchases are made with a debit card or credit card and bills are paid by automatic direct deposit, you can use the monthly statements as a tracking sheet. Set aside 2 hours and just get ...