Saturday, July 20th, 2019

More from Tracy Theemes and Kamal Basra

  • Get Good Marks for Planning: RESPs


    Registered Education Savings Plans (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.

    Enter the Registered Educational Savings Plan – RESP – a savings account allowing you to defer tax on savings income for a child’s education. While there are non-registered educational saving strategies (such as family trusts and intrust-for-accounts), an RESP offers several benefits including:

    • tax-deferred growth on your investment contributions
    • Canada Education Savings Grant (CESG) available through the federal government
    • flexibility in education savings and planning

    [ 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 ]