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10 things you need to know about enhanced CPP benefits

Posted by on Aug 13, 2016 in Retirement, Saskatchewan Pension Plan | 0 comments

August 11, 2016 By Sheryl Smolkin — Well, the earth moved and in late June at a meeting of provincial/federal finance ministers, Bill Morneau got the consensus he needed from eight provinces including Saskatchewan for the phase in of modest enhancements to the Canada Pension Plan. As a result Ontario has agreed to shelve its plans for a home-grown Ontario Registered Pension Plan. The feds plan to start collecting higher premiums beginning January 1, 2019. Many details still have to be ironed out, but...

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Aug 8: Best from the Blogosphere

Posted by on Aug 13, 2016 in Consumer savings, Money management, Quality of Life, Saskatchewan Pension Plan | 0 comments

August 8, 2016 By Sheryl Smolkin — And just like that, it’s August! The days are getting shorter and families are starting to think about getting the kids back to school and getting serious about the upcoming round of fall activities. Those of you sending your kids off to college or university will be interested in The Business of University Fees by Big Cajun Man aka Alan Whitton on the Canadian Personal Finance blog. Did you know if your child is still in school he/she is probably still covered...

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Summer spending habits

Posted by on Aug 13, 2016 in Consumer savings, Money management, Saskatchewan Pension Plan | 0 comments

August 4, 2016 By Sheryl Smolkin — Staying on budget can be a challenge at any time of year. But when souvenirs and snacks beckon on vacation or the hotel you booked ends up being much more than you expected, your bottom line may suffer an unexpected hit. A recent BMO Report quantifies how Canadians’ savings are affected by summer spending habits. The study reports that as temperatures soar so does our spending, and while many don’t feel guilty about enjoying the season, half (52%) admit that...

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How make a smaller space more livable

Posted by on Aug 13, 2016 in Consumer savings, Home ownership/renting, Saskatchewan Pension Plan | 0 comments

July 28, 201y By Sheryl Smolkin — Whether you live in an apartment or a house, chances are that as your family grows or you accumulate more stuff, you will start to get the itch to move to a bigger place. But moving costs money, particularly if you have to sell one house or condo and buy another to upsize. And then you are stuck with higher mortgage payments plus increases in taxes, utilities and insurance. So before you make an irrevocable and costly decision, think about what you can do to make...

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Jul 25: Best from the Blogosphere

Posted by on Aug 13, 2016 in Millenials, Money management, Quality of Life, Saskatchewan Pension Plan | 0 comments

July 25, 2016 By Sheryl Smolkin — There’s lots of good reading in the blogosphere this week if you get tired of skimming romance novels on the beach or binging on your favourite Netflix series after dark. We’ve just started on the series Sherlock  and Spotlight and Trumbo are two great movies we saw from the comfort of our couch. In other news, financial maven, television personality and blogger par excellence Gayle Vaz-Oxlade has retired at 57. While we will miss her valuable voice and sense of...

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Jul 18: Best from the Blogosphere

Posted by on Aug 13, 2016 in Home ownership/renting, Money management, Saskatchewan Pension Plan | 0 comments

July 18, 2016 By Sheryl Smolkin — We recently posted the blog Rent vs Buy: A Reprise, but the subject of when, or even if millennials will ever buy homes seems to be a continuing theme in both the blogosphere and the mainstream media. Its not surprising that issue is still a live one, particularly in cities like Vancouver and Toronto where housing prices have gone through the roof and only young people with great jobs and a hefty gift from the Bank of Mom and Dad can get their foot in the...

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What you need to know before you rent an apartment

Posted by on Aug 13, 2016 in Home ownership/renting, Saskatchewan Pension Plan | 0 comments

July 14, 2016 By Sheryl Smolkin — We’ve written several articles about the ins and outs of home ownership, but in fact Statistics Canada reports that 31% of Canadians rent. And although 82.4% of couple-family households own their dwelling, only 55.6% of lone-parent households have purchased a residence and less than half (48.5%) of non-family households own their own homes. While at first blush, finding and renting an apartment may not seem particularly complicated, if you’ve ever had a terrible...

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Jul 11: Best from the Blogosphere

Posted by on Aug 13, 2016 in Insurance, Quality of Life, Saskatchewan Pension Plan, Student loans/debt | 0 comments

July 11, 2016 By Sheryl Smolkin — The world was shocked to learn that the UK voted to exit the European Community. Nobody really knows what will mean for investors yet but Robin Levinson King at the Toronto Star suggests four ways Brexit could affect Canadans. They are fewer exports, lower returns, a stronger U.S. dollar and a continuing white hot real estate market if interest rates stay low in this country. Do you have a special skill set or do you own something that someone else wants? Trade it...

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How to choose a career

Posted by on Aug 13, 2016 in Compensation, Millenials, Saskatchewan Pension Plan | 0 comments

July 7, 2016 By Sheryl Smolkin —- While selecting a future career at the end of high school or university may seem like a momentous, life-long commitment, the fact is that few people spend their whole life anymore in the same job or even doing the same type of work. In a 2014 article on Workopolis Peter Harris noted that from 1990 through 2000 the number of people staying at their jobs for less than two years doubled from 16% to 33% of employees. That trend has only accelerated into the 2000s, almost...

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The Retirement Boom: Reboot and Reinvent Rather than Retire*

Posted by on Aug 13, 2016 in Quality of Life, Retirement, Saskatchewan Pension Plan | 0 comments

June 30, 2016 By Sheryl Smolkin —- Click here to listen Hi. Today I’m interviewing Catherine Allen, co-author of The Retirement Boom for Save with SPP.com. She is Chairman and CEO of the Santa Fe Group, a financial services and technology executive, corporate board director, and expert in cyber security and risk management. Catherine lives in Santa Fe, New Mexico. Q. Catherine, The Retirement Boom is a book by baby boomers for baby boomers about the transition into a new phase of life. Why did...

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