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Money management

Nov 6: Best from the blogosphere

Posted by on Nov 9, 2017 in Income Tax, Insurance, Investments, Money management, Saskatchewan Pension Plan | 0 comments

November 6, 2017 — We are again going to sample recent material from a series of bloggers who participated in The Canadian Financial Summit in September. This week headlines across the country blared that CRA has changed their position on allowing diabetics to claim lucrative disability tax credits in certain cases. On Your Money, Your Life, accountant Evelyn Jacks discusses why these changes are being made and how audit-proofing strategies must be implemented by tax professionals...

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Oct 23: Best from the blogosphere

Posted by on Nov 9, 2017 in Money management | 0 comments

October 23, 2017 — Sustaining a blog for months and years is a remarkable achievement. This week we go back to basics and check in on what some of our favourite veteran bloggers are writing about. If you haven’t heard, Tim Stobbs from Canadian Dream Free at 45 has exceeded his objectives and retired at age 37. You can read about his accomplishment in the Globe and Mail and discover how he spent the first week of financial independence here. Boomer & Echo’s Robb Engen writes...

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Oct 16: Best from the blogosphere

Posted by on Nov 9, 2017 in Money management, Retirement | 0 comments

October 16, 2017 — There is nothing like curling up on the couch to watch a good movie on a chilly, autumn evening. Before you move on to Netflix, here are some great new personal finance videos that will educate and entertain you. In Money Left on the Table, Kerry Taylor, aka financial writer and blogger Squawkfox is interviewed on the CBC News Network about eligibility for Registered Disability Savings Plans and how to navigate the application process. She says, “There is really...

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How I saved $1,000/year

Posted by on Nov 9, 2017 in Consumer savings, Money management, Saskatchewan Pension Plan | 0 comments

October 5, 2017 ___ I know many people have cut the cord and  given up their landlines completely. But our house is three floors and inevitably wherever I am my cell phone is not, which means I miss lots of calls. Also, my Olympia digital recorder plugs into my desktop console resulting in good quality sound files for podcast interviews I record periodically for savewithspp.com. But when I reviewed our bills for my company’s year-end recently I was reminded once again that in addition to...

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Oct 2: Best from the blogosphere

Posted by on Nov 9, 2017 in Consumer savings, Money management, Saskatchewan Pension Plan | 0 comments

October 2, 2017 — Recently Kyle Prevost (Young and Thrifty) hosted the online Canadian Financial Summit which included video presentations and interviews with 25 Canadian personal finance experts. While the presentations were free from September 13-16, you can still buy a pass to view these presentations. Blogs by many of these people are regularly featured in SPP’s Best from the Blogosphere, but there were some interesting people on the agenda who are new to me. Today I introduce...

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Don’t be fooled by CRA’s record of your TFSA contribution room

Posted by on Nov 9, 2017 in Money management, Retirement, Saskatchewan Pension Plan | 0 comments

September 21, 2017 — Several months after my husband and I filed our 2016 income tax returns and got our refunds, we received identical ominous envelopes from CRA.  They contained Notices of Assessment reporting that each of us had over-contributed $5,500/month for the last five months of the year, resulting in a $28,201 over-contribution to our TFSA accounts. Yet further down on the notices, it said the contributions to each of our accounts in 2016 totaled only $10,859.79. Upon...

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