Welcome to my latest Weekend Reading edition – as summer rolls on…
The Ottawa REDBLACKS came up with a big win last night (finally) and have now distanced themselves from the basement of the East division that is the Hamilton Ticats. I’ll be at the game next week so we’ll see if they can make it two in a row.
The Taste of Manotick is on this weekend, just down the road, so we’ll go to that.
I went bonkers on the site this week posting a number of articles:
I opened up about a housing dilemma we’re talking through.
I posted some advice for parents struggling with credit and going back to the bank to fund back-to-school expenses.
Enjoy these articles and of course have a great weekend!
InsurEye developed a simple flowchart to help narrow down the right life insurance product for you. On this same subject, regarding no medical life insurance I think it should always be buyer beware. I wrote about that here and what to be very mindful of. Let me know your thoughts.
President’s Choice Financial (PCF) and CIBC have broken up. Was does that mean for you? Rob Carrick highlighted five things to know about this divorce as a PCF customer. This includes what you should expect from Simplii – the new low-cost online bank to be run by CIBC where approximately two million accounts will be transferred to.
When to sell an investment property? Financial Samurai has your answer.
Kate Smalley asked: when did we decide being “good at money” meant not spending it? Interesting question but for what’s it worth I don’t think that way. Save first, put it away and have fun with the rest – life is for the living.
…and so the debate always rages on: should you invest or pay down debt?
If you choose to save and invest your money, a reminder to check out the updates to my Deals page where you can save hundreds or even thousands of dollars over years of investing thanks to my partnerships.
Million Dollar Journey shared some good sources of retirement income here.
This our bucket approach to earning income in retirement that includes government benefits, workplace pension benefits and some part-time work. We’re anticipating those days are no longer than 10 years away as long as we stay on the same financial course.
Tawcan posted his July dividend income. I think he’s smart to maximize his registered accounts first (e.g., TFSAs and RRSPs) before investing in a taxable account. Once you’ve maxed out contributions to your registered accounts (including RESPs if you have kids…certainly no small feat!) you can consider taking advantage of the dividend tax credit with a taxable account.
Roadmap2Retire posted his income report here – progress well done.