We are currently in the midst of personal income tax season in Canada. While most of us understand that we need to get a tax return filed each year, do you really understand why and what things you might be eligible to claim? Let’s dive in to help educate ourselves on a personal Canadian income tax return.

Every January, the acronym RRSP starts popping up in the media. Financial institutions are reminding us to make our contribution before the deadline so that we can lower our income tax bill. While this all sounds great, do you know how a RRSP works and should you even have one? Keep reading to become more empowered on all things RRSP.

Happy New Year! January is often a time where we become filled with the desire to make big changes. Too often we have the best of intentions to make these positive changes only to find ourselves overwhelmed and discouraged a few weeks into the new year. Whether you had intentions of being more prepared for unexpected expenses, dealing with debt, or simply trying to make ends meet, financial stress can take a toll on your well-being. In this article, we’ll explore practical strategies to help you navigate overwhelm and regain control of your big financial changes for 2024.

During challenging periods, the true spirit of humanity often shines through as people come together to support one another. For many the acts of generosity can provide a glimmer of hope and a sense of unity to both the giver and the receiver. The question is how do you continue to give when you are faced with challenging times yourself?

Do you still use cash for most purchases, or are credit cards your most frequent way of spending? It’s easy; just tap, insert, or swipe your card and the product is yours without having to think or feel the difference of how much you spent. Let Jennifer teach you how best to use your credit card, to keep yourself from racking up a bunch of debt, and what better time to learn/be reminded in the highest spending week of the entire year!

Mortgages are a fundamental aspect of the real estate world. They enable countless individuals and families to achieve the dream of homeownership. Yet, understanding how mortgages work can be a daunting task. I want to break down the pieces of a mortgage to help you better understand this large debt.

Are you prepared for a financial emergency? How much should you save? What are the best account options to choose for this? Jennifer gives you a clear plan on how to prepare for an emergency before it happens!

With rising interest rates and high inflation, it seems like almost everyone is talking about debt. It has also become a normal part of life to have a mortgage, car loan, student loan and maybe a credit card or two that aren’t paid off. However, living with debt can be a heavy burden, impacting your financial stability and overall well-being. It is possible to eliminate your debt and pave the way towards a brighter financial future. Let’s dig in so you can regain control of your finances, reduce stress, and create a solid foundation for long-term financial success.

Most people are willing to plan out their vacation time but when it comes to our finances people tend to freeze. Maybe planning out your financial resources feels scarier than planning out vacation time. I am here to tell you that planning out your finances, also known as budgeting, is one of the greatest gifts you can give yourself.

Are you the “numbers” person in your family? You enjoy math so doing the budget each month is fun for you. It’s easier for you to manage it, so you take that responsibility, to help your spouse who finds it stressful. Or, perhaps you’re the spender of the family? You enjoy shopping a little too much, so doing a budget is frustrating for you. It’s easier to let your spouse take care of it and ask him/her to give you a limit on what you can spend each month? Is either scenario good? Why or why not? Find out in today’s post!