Showing Tag: " planning" (Show all posts)

The Star: Your Wealth May Be Hiding In Plain Sight

Posted by Jackelyn Ford on Wednesday, October 25, 2017,
https://www.thestar.com/business/personal_finance/2017/10/02/your-wealth-may-be-hiding-in-plain-sight-vaz-oxlade.html
Gail Vaz-Oxlade | October 2, 2017

I once met a woman who was a little frustrated with her own good sense. “It’s so hard to see my friends and co-workers going on trips, buying new cars and eating out all the time — and not want that stuff too,” she said.

This woman was completely honest about how much she struggled with the idea of keeping up with the Joneses.

“My next d...


Continue reading ...
 

The Star: Your Wealth May Be Hiding In Plain Sight

Posted by Jackelyn Ford on Wednesday, October 25, 2017,
https://www.thestar.com/business/personal_finance/2017/10/02/your-wealth-may-be-hiding-in-plain-sight-vaz-oxlade.html
Gail Vaz-Oxlade | October 2, 2017

I once met a woman who was a little frustrated with her own good sense. “It’s so hard to see my friends and co-workers going on trips, buying new cars and eating out all the time — and not want that stuff too,” she said.

This woman was completely honest about how much she struggled with the idea of keeping up with the Joneses.

“My next d...


Continue reading ...
 

Golden Girl Finance: How to get ahead financially

Posted by Jackelyn Ford on Tuesday, February 21, 2017,
http://goldengirlfinance.com/inspiration/?post_id=1970
Golden Girl Finance | August 29, 2013

Forget blind luck - you have the power to ensure you make long-term progress each and every day...month...year...

You go to work, collect an income, and pay your bills on time. You diligently send off checks for your long-term obligations. You pay off your credit card minimum (and more) every month. And then a new month begins…and you do it all over again. That’s good money management, right?

Not so f...


Continue reading ...
 

Globe Advisor: Small businesses buy into benefit plans

Posted by Jackelyn Ford on Tuesday, August 9, 2016,
http://www.globeadvisor.com/servlet/ArticleNews/story/gam/20131009/RBCABENEFITSATL
Brenda Bouw | October 9, 2013

It was after his company doubled in size to more than 30 employees that Sol Cuisine Inc.president Dror Balshine decided it was time to offer a company benefit plan.

"When I was interviewing people, it always came up," said Mr. Balshine, whose Mississauga-based company sells vegetarian burgers and tofu products.

For a company that promotes healthy choices, it also seemed like a no-brain...


Continue reading ...
 

Morningstar: Concerned about longevity? Four mistakes to avoid

Posted by Jackelyn Ford on Monday, July 13, 2015,
http://cawidgets.morningstar.ca/ArticleTemplate/ArticleGL.aspx?id=666245&culture=en-CA
Christine Benz | October 3, 2014

A few years ago I attended the 100th birthday party for a family friend. Following a round of toasts and tributes, this never-married, lap-swimming centenarian treated her admirers to a rousing song-and-dance rendition of "Yankee Doodle Dandy." And she wasn't alone on the dais: Her older sister, a former member of the Women's Army Corps, joined her.

These two are the only 100-y...


Continue reading ...
 

Golden Girl: Are you saving enough?

Posted by Jackelyn Ford on Tuesday, April 7, 2015,
http://goldengirlfinance.com/inspiration/?post_id=1921
Lena Rizkallah | August 15, 2013

My teenaged nieces came to visit me in New York a few weeks ago.  Besides spending three hours agonizing over what color “cheeksters” to buy at Pink, waiting another 45 minutes for them to stand in line to try on ONE tank top at H&M, and then rounding out the rest of the day with more, um, shopping (i.e. THEM going through racks of midriff-baring tops and teeny ’distressed’ jean shorts, ME sitting in...


Continue reading ...
 

Morningstar: Are you due for an insurance check-up?

Posted by Jackelyn Ford on Thursday, March 12, 2015,
http://cawidgets.morningstar.ca/ArticleTemplate/ArticleGL.aspx?culture=en-CA&id=634659
Deanne Gage | November 2, 2014

When we think about our investments, we generally review things at least every year. But how often should we be reviewing our insurance policies? Bruce Cumming, a financial planner and president of Cumming & Cumming Wealth Management in Oakville, Ont., likens insurance strategies to wills and estate planning -- something to definitely update but not every year. He reviews insura...
Continue reading ...
 

Moneysense: Catch up to unused RRSP contribution room

Posted by Jackelyn Ford on Monday, August 18, 2014,
http://www.moneysense.ca/columns/catch-up-to-unused-rrsp-contribution-room
Stefania Di Verdi | April 23, 2013

By now many Canadians have received their government issued tax refund cheques in the mail, the eager beavers have anyway. The rest have until April 30 to file their 2013 income tax return without fear of penalty.
The prospect of getting money back is just too good for this eager beaver so I file early every year. I case you’re wondering, I won’t be blowing my tax refund on a shoppin...


Continue reading ...
 

CBC: 10 myths about taxes that mislead Canadians

Posted by Jackelyn Ford on Friday, April 4, 2014,
http://www.cbc.ca/news/business/taxes/10-myths-about-taxes-that-mislead-canadians-1.2508364
Tom McFeat | March 11, 2014

A certain amount of folklore has developed over the years around the income tax system and the filing of tax returns, but many of those age-old perceptions are no longer accurate.

File by April 30 or face potential penalties

Here are some common myths — and the corresponding facts that could mean extra money in your pocket or at least prevent you from running afoul of the Cana...


Continue reading ...
 

Globe & Mail: Your biggest asset? You!

Posted by Jackelyn Ford on Friday, August 30, 2013,
http://www.theglobeandmail.com/globe-investor/personal-finance/financial-road-map/advmanulife/advmanulifearchives/your-biggest-asset-you/article4217512/
The Globe and Mail | June 11, 2012

Canadians’ ability to earn income is usually their biggest asset, more valuable even than their home or other investments, and that asset is at greater risk than many realize, through death, disability and illness, says Steven Parker, Assistant Vice-President, Product and Marketing, Individual Insurance, Man...


Continue reading ...
 

BNN: 29% of households living paycheque to paycheque

Posted by Jackelyn Ford on Wednesday, May 29, 2013,
http://www.bnn.ca/News/2013/5/22/One-third-of-households-living-paycheque-to-paycheque.aspx
Bertrand Marotte | May 22, 2013

One-third of Canadian households over the past year never or almost never had enough money left over after paying essential expenses, says a new report.

A survey conducted for the Certified General Accountants Association of Canada indicates that 29 percent - or three in 10 - households found it difficult to sock away any money once key bills were paid.

The poll also shows t...


Continue reading ...
 

BNN: Whatever happened to Freedom 55?

Posted by Jackelyn Ford on Monday, February 18, 2013,
http://www.bnn.ca/News/2013/2/1/Whatever-happened-to-Freedom-55.aspx
 Dale Jackson | February 1, 2013
 
 Freedom 55 was a marketing campaign from London Life Insurance in the mid 1980s that exemplified the optimism of a 25 year bull market in its early stages. The ads showed healthy middle-aged couples climbing mountains and sailing into the sunset.

Fast forward to the post 2007 financial meltdown and Freedom 55 has become a cruel joke. A recent survey by Sun Life Financial found the average Cana...


Continue reading ...
 

Globe & Mail: Why renting can be the right choice for aging boomers

Posted by Jackelyn Ford on Tuesday, March 6, 2012,
http://www.globeadvisor.com/servlet/ArticleNews/story/gam/20110628/GICARRICKCOLUMNCARRICKATL

 Rob Carrick, The Globe and Mail | June 28, 2011 

 Sell your house and rent: If you're a baby boomer entering retirement, that could be the financial move of a lifetime.

The case for selling the family home starts with the fact that years of strong price increases have hugely increased the value of homes across the country over the amount paid for them. What to do with the proceeds after you sell? Invest...


Continue reading ...
 

Globe&Mail: Canadians need to save more

Posted by Jackelyn Ford on Thursday, March 18, 2010,

Janet McFarland, The Globe and Mail  - March 18, 2010
Canadians need to save between 10 percent and 21 percent of their pretax incomes each year - if they save consistently for 35 years - to have comfortable retirement incomes, according to a new report by former Bank of Canada governor David Dodge.

The report says many Canadians are unaware of the high savings levels they need for their retirement years, and may believe they are saving adequately when they are not.

The report, co-author...


Continue reading ...
 

CTV News: Many Couples Don't Share Retirement Dreams

Posted by Jackelyn Ford on Thursday, March 4, 2010,
http://www.ctv.ca/generic/generated/static/business/article1446441.html

Many couples don’t share same retirement dreams

Chaya Cooperberg

My husband and I talked about a lot of things before we decided to marry, but not about our retirement plans. It just seemed too far off when we were graduating from university and had yet to make an RRSP contribution. Still, discussing your vision for retirement with your significant other is just as important as any other major life decision, such as ...


Continue reading ...
 

Chatelaine: 15 Tips to Save Money

Posted by Jackelyn Ford on Wednesday, January 27, 2010,
http://en.chatelaine.com/english/moneymavens/article.jsp?content=20081203_122736_19592&page=2
15 tips to save money
Easy ways to save money everyday and live on the cheap without sacrifice
By Marlene Rego

Shop (and sell) online
Craigslist.org, ebay.ca, and Kijiji.ca are all great resources for online purchases big or small. Plus, they're a great way to find unique gifts and marked down big ticket items. There are some things to keep in mind – always buy from trustworthy, reputable sellers an...


Continue reading ...
 
 

About These Articles


Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.