How to Pay Less Tax on Your Income

In Pay less tax, contribute to your RRSP, Gail Vaz-Oxlade makes a convincing argument for why "an RRSP is still the single best way for Canadians to minimize the amount of tax they are paying on their incomes." Be sure to check out the MoneySense.ca article before February 29th—the RRSP contribution deadline date for the 2011 tax year.

Click here to read the entire article or copy and paste this link into your Web browser:

http://www.moneysense.ca/2012/01/17/pay-less-tax-contribute-to-your-rrsp/

Tips for Saving and Investing in Your 20s

Kick off the new year by making it your personal goal to get your personal finances in shape. Check out this video where Rob Carrick, Personal Finance Columnist for The Globe and Mail, interviews Lesley Scorgie, author of Rich by Thirty: A Young Adults Guide to Financial Success, for tips on how to get your money working for you.

How to Renegotiate Your Mortgage

Wondering if there's any benefit to renegotiating your mortgage? Rob Carrick, Personal Finance Columnist for The Globe and Mail, interviews Robert McLister, Mortgage Planner and Editor of The Canadian Mortgage Trends blog, for tips on how to renegotiate a variable rate mortgage as well as the trickier fixed rate mortgage. 

A Guide to Finding a Financial Planner

If you've put off getting yourself a financial planner simply because you don't know where to start, check out How to find a perfect financial planner. This step-by-step guide by MoneySense.ca staff offers great advice and includes links to useful websites to help you find the ideal planner for your financial needs.

Click here to read the entire article or copy and paste this link into your Web browser:

http://www.moneysense.ca/2010/10/04/how-to-find-a-perfect-financial-planner/

Investment Tips from The Wealthy Barber

Here's a great video co-produced by The Globe and Mail and the Investor Education Fund where personal finance columnist Rob Carrick talks to David Chilton, author of the best-selling The Wealthy Barber. Chilton's book is arguably one of the most authoritative books on personal finances for Canadians. 

Get practical tips from Chilton for maximizing your investments:

Timele$$ advice

We read The 50 best ways to grow your money compiled by the staff at MoneySense for the magazine's August 2006 issue, and we're impressed that, even nearly three years later, this advice is anything but dated. We're especially fans of the 8 commandments they came up with, practical rules to fiscally follow such as paying yourself first, spending less than you make, and understanding the concept that time literally is money. There's also a wealth of info related to debt, shopping, insurance, home, taxes, investing, retirement, and family that's worth taking heed of.

Click here to read the entire article or copy and paste this link into your Web browser:
http://www.canadianbusiness.com/my_money/investing/article.jsp?content=20060829_114915_4480&page=1

Rule of 72

We recently stumbled upon Brad Ferris' blog Triaging My Way To Financial Success and are greatly impressed by the wisdom Ferris imparts about personal finances. Described as "a source for value & dividend investing and business fundamentals", the London, Ontario resident has created an interesting blog and invaluable resource for working gals across the country to get their financial house in order.

We particularly enjoyed his post on the importance for investors to realize the power of compound interest on returns (originally posted on July 3, 2007). As Ferris explains, the “Rule of 72” is a simple answer to the question of “how soon will my investment double?”.

Click here to read Ferris' entire post or copy and paste this link into your web browser:
http://www.nurseb911.com/2007/07/rule-of-72.html

Dream home could become a reality

We stumbled upon a great article in a special issue of Fortune Magazine (December 22, 2008 issue) that talks about investing in the housing market during the economic crisis. In Should You Jump in Now?, senior-editor-at-large Allan Sloan makes a convincing argument for why it’s time to buy now. And for the ones who can afford to do it at the present time, Sloan suspects that, in the year 2016, they will be quite glad they made the investment.

Click here to read the full article or copy and paste this link into your Web browser:
http://money.cnn.com/2008/12/09/magazines/fortune/sloan_crisis_investing.fortune/index.htm