RRSP facts and guidance for 2017

The “RRSP season” is now in full swing but it’s important to know the ins and outs of this tax-deferred plan in order to optimize the use of this account for your financial situation.  You’ll notice I didn’t write “time…
January 2017 Dividend Income Update

Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend paying stocks.  We believe buying and holding a number of…
Victory Lap Retirement – Review and Giveaway

At the Canadian Personal Finance Conference I attended last year, there was a great deal of money talk, presentations and discussions about retirement, early-retirement, and what you’re really working towards.  Many of the discussions circled back to not retiring in…
2017 Financial Goals

I recently read about a new report from CIBC that stated 48% of Canadians aren’t making debt repayments, bill payments or growing their portfolio a priority in 2017.  For this group, this could be true for a few reasons: These…
Credit Score 101

Like chocolate, credit used wisely can be good in small doses.  Too much credit (like too much chocolate believe it or not) is not good. What is a good credit score? How is your credit score determined? How to avoid…