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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Make that tax refund pay!
By David Christianson, BA, CFP, R.F.P., TEPTags: Beginners, Boomers, CRA, Single
Categories: Financial Planning, Tax - planning
A sure thing for 2010 – paying less tax
By David Christianson, BA, CFP, R.F.P., TEPAh…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 [...]
Tags: Beginners, Boomers, Investor, Retired, Single
Categories: Financial Planning, Tax - planning
Chocolate or Money – What’s Your Pick?
By David Christianson, BA, CFP, R.F.P., TEPTurns 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 [...]
Tags: Beginners, Boomers, Mature
Categories: Personal Reflection
Finding an Advisor – Question and Answer
By David Christianson, BA, CFP, R.F.P., TEPQuestion: 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 [...]
Tags: Beginners, Investing, Investor
Categories: Basics, Investing
Manitoba government pays grads to stay
By David Christianson, BA, CFP, R.F.P., TEPIf 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 [...]
Tags: Beginners, Employed, Single, Student, Young
Categories: Beginners, Tax - current issues
To RRSP or not to RRSP – that is the question
By David Christianson, BA, CFP, R.F.P., TEPI 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 [...]
Tags: Beginners, RRSP
Categories: Planning Tools, Tips, Forms, RRSPs & TFSAs
It’s All About YOUR Vision
By David Christianson, BA, CFP, R.F.P., TEPIn 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 [...]
Tags: Beginners, Goal setting, Married, Single, Young
Categories: Basics, Financial Planning














