Saturday, May 18th, 2013

Women and the Power of Money rss

  • Fifty Shades of RRSPs: A Parody


    Fifty Shades of RRSPs: a Parody (Photo: Jesse Therrien)

    It’s 5 p.m. on Valentine’s Day.

    I haven’t showered, my hair is a mess, my legs are stubbly, and I haven’t a clue what to wear for the romantic dinner with dear husband in two hours. Instead of getting beautified and glamorous, I am searching madly for my last Notice of Assessment (NOA) from the Canada Revenue Agency (CRA).

    You see, there are only a couple weeks left until the March 1st deadline to make an RRSP contribution for the 2012 tax year and the procrastinator in me has left things quite late. I need that NOA to calculate how much I can contribute this year and what carry-forward there is from previous years.

    This year I resolved to be disciplined with both my health and wealth. Health-wise I’m on track. I’ve been eating well and exercising, having lost four pounds. Wealth-wise I need to get a move on. I am supposed to be putting extra into my RRSP.

    I know that in the long run it will pay off. In addition to the short-term benefit of having a deduction on my tax return, I will get years of tax-deferred growth on the investments within my account. I also plan to take any refund cheque and immediately re-invest that into my RRSP for next year — except I haven’t actually done anything!

    [ Read More ] • [ 3 Comments ] • [ Filed under Women and the Power of Money ] • [ 2/13/13 ]
  • Insurance – An Investing Perspective


    Kamal Basra and Tracy Theemes explain how insurance can be used as part of your overall investment strategy. They explore some of the different policy types available, and tell you what you should know about them.

    [ Read More ] • [ No Comments ] • [ Filed under Women and the Power of Money ] • [ 11/15/10 ]
  • 5 Things to Know About Your Investment Portfolio


    Knowledge is power, and this is especially true when it comes to money. Tracy and Kamal reveal five things you need to know about investing that will help you make better financial decisions.

    [ Read More ] • [ No Comments ] • [ Filed under Women and the Power of Money ] • [ 9/20/10 ]
  • Are you ready for some financial advice?


    If you suffer from the symptoms of "portfolio paralysis" then it may be time to speak with a financial advisor.

    [ Read More ] • [ 2 Comments ] • [ Filed under Women and the Power of Money ] • [ 7/05/10 ]
  • Get Good Marks for Planning: RESPs


    It’s never too early to start planning for your children’s education, even if they are still toddlers. It’s simply good financial planning. It’s good retirement planning as well, by reducing the likelihood of parents having to dip into retirement savings, or take out loans, during that decade running up to retirement age when their children are starting to head off to college.

    [ Read More ] • [ No Comments ] • [ Filed under Women and the Power of Money ] • [ 5/03/10 ]
  • Your Guide to Financial Planning


    Think of it as a continuous life-long process, prioritizing and guiding your personal financial decision-making and imposing order on your financial life as you live it. A Financial Plan for you and your family creates a comprehensive and integrated roadmap as you travel through life’s financial stages.

    [ Read More ] • [ No Comments ] • [ Filed under Women and the Power of Money ] • [ 3/01/10 ]
  • Top Five Mistakes Women Investors Make in Tough Markets


    In today’s markets, it is more important than ever to maintain an unwavering focus on your long-term investment objectives. This is especially true when tough markets start to drag down even the best investments. At times like these, it’s prudent to remember that there are rights and wrongs when it comes to managing your portfolio.

    [ Read More ] • [ 1 Comment ] • [ Filed under Women and the Power of Money ] • [ 1/03/10 ]
  • Women and Money: How gender affects financial decisions.


    Women currently own half of the financial assets in Canada and projections are that the number will rise to 70% by 2019 (Oppenheimer Funds, 2005 Report on Women and Investing). Tom Peters identifies this trend as a “demographic tsunami.” This presents an enormous opportunity for women.

    [ Read More ] • [ No Comments ] • [ Filed under Women and the Power of Money ] • [ 10/14/09 ]
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