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9
Apr
2010

Make that tax refund pay!

By David Christianson, BA, CFP, R.F.P., TEP

I read recently that some 20,000 big screen TVs will be purchased in North America in the week leading up to the Super Bowl and the Olympics.  That makes me very afraid that you might use your entire income tax refund in a similar manner.
Think carefully about how to spend your refund, and whether you even want one [...]

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Categories: Financial Planning, Tax - planning

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11
Mar
2010

A sure thing for 2010 – paying less tax

By David Christianson, BA, CFP, R.F.P., TEP

Ah…the days are getting longer, the sun is higher in the sky, and there is that unmistakable smell of…fresh ink as tax slips are being removed from envelopes.
With the pace of economic recovery still uncertain, let’s focus on a sure thing for 2010 – reducing your income taxes and maximizing government grant money.
Use your current [...]

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Categories: Financial Planning, Tax - planning

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24
Feb
2010

Chocolate or Money – What’s Your Pick?

By David Christianson, BA, CFP, R.F.P., TEP

Turns out money doesn’t just not buy happiness – it can actually impede it.
New research from UBC says that as people become more affluent (or even just spend more time thinking about money), they tend to lose their ability to savour and feel joy from the simpler things in life.
A psychology researcher and assistant professor [...]

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Categories: Personal Reflection

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23
Feb
2010

Finding an Advisor – Question and Answer

By David Christianson, BA, CFP, R.F.P., TEP

Question: How do I find that trusted advisor?
Answer: A great place to start is to ask friends, relatives, colleagues, associates or people you respect if they have an advisor in whom they have confidence. Ask what they like about that advisor, the range of the services provided, whether or not a full written financial plan [...]

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Categories: Basics, Investing

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4
Feb
2010

Manitoba government pays grads to stay

By David Christianson, BA, CFP, R.F.P., TEP

If you (or someone you know) graduated since January 2007 from a post- secondary institute recognized by CRA, you should listen up.  The Manitoba government has some money for you, if you decide to stay and work in Manitoba.
The Manitoba Tuition Fee Income Tax Rebate adds an incentive for graduates to stay in, or move [...]

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Categories: Beginners, Tax - current issues

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21
Jan
2010

To RRSP or not to RRSP – that is the question

By David Christianson, BA, CFP, R.F.P., TEP

I logged in to a popular news website a while back, and I was entertained by an animation of a woman trying to decide whether she should go skiing or contribute to an RRSP.
Not surprisingly, the financial institution sponsoring the ad showed how she could do both, by setting up an automatic monthly contribution plan.
That’s [...]

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Categories: Planning Tools, Tips, Forms, RRSPs & TFSAs

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9
Nov
2009

It’s All About YOUR Vision

By David Christianson, BA, CFP, R.F.P., TEP

In Financial Planning Starts with YOUR Goals, we talked about the importance of visualizing your desired future.
Specifically, I said that your goals and objectives should be SMART – specific, measurable, achievable, relevant and time-bound.
Next, you have to develop a specific plan to take you from here to there.  That means moving you efficiently from your [...]

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Categories: Basics, Financial Planning

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