Posts by Nancy Grouni
Who Should Bother With An RRSP? Part 1
Registered Retirement Savings Plans are the best tax break available for the average Canadian for one simple reason – they give the saver the opportunity to deduct contributions from taxable income and the money you make from your investments won’t be taxed. Not immediately, anyway – you will have to pay tax on your withdrawals.…
Read MoreYour Guide To Getting Started On Saving, Even If You Have Debt
The article “Your Guide To Getting Started On Saving, Even If You Have Debt” was originally published on CreditCards.com by Aaron Broverman on March 10, 2016. When it comes to saving money, especially if you carry debt, the available advice can be confusing. It’s often not clear how much money should go toward savings and…
Read MoreFour Ways To Assess Whether An Investment Adviser Is Right For You
The article “Four Ways To Assess Whether An Investment Adviser Is Right For You” was originally published on The Financial Post on March 7, 2016. When you work with an investment adviser, you are making an investment in them. Every day that you continue to work with them, you are choosing not to “sell” that…
Read MoreWhen Should Savings Take Priority Over Debt?
The article “When should savings take priority over debt?” was originally published on CreditCards.ca on August 11th 2015, by Josephine Lim Often, if you have a large amount of high-interest debt, it should take a higher priority over building savings. Sure, you should add a little to your savings account from each paycheque, but your instinct…
Read MoreHow to Make Your 2014 Financial Resolutions Stick
The article “How to Make Your 2014 Financial Resolutions Stick” was originally published on Yahoo Finance Canada on Dec 30th 2013 by Gail Johnson. After getting into better shape, becoming financially fit is the next top priority among Canadians making New Year’s resolutions this year. That’s according to a recent Bank of Montreal poll, which…
Read MorePaul has Shed Despair – Should He Now Get Rid of His Adviser?
The article “Paul has shed despair – should he now get rid of his adviser?” was originally published on the Globe and Mail on September 25th, 2013 by Gail Johnson. There’s a big difference between depression and the blues. Paul can attest to the toll that ongoing feelings of despair take on every aspect of…
Read MoreDebt burden crimps young couple
The article “Debt burden crimps young couple” was originally published on the Globe and Mail on June 28th 2013 by Dianne Maley. Britney and Kevin have a problem that will be familiar to many Canadians – too much debt and not enough income. They are 30 with two young children, ages 2 and 4, and…
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