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Financial Library

Managing Debt

Now that summer has officially arrived, many of us start to think about home renovations, garden projects and summer vacations. But while we often know what we want to accomplish, sometimes we are not sure where the money will come from. If you're planning for a large expense this year, consider some of the following issues:

Budget management

How to make your heirs hate you

Your death will create problems. There will be three types - emotional, legal and financial. You can do certain things now, while you're alive, to reduce or increase these problems and make your heirs either love you or hate you.

EMOTIONAL PROBLEMS

You can increase the emotional upset after your death by leaving your affairs in a mess. Hide your will, or better still, don't make one. Have a number of secret bank accounts and investments.

I Don't Want to Invest My Money Now because...

On October 30, the federal government presented a 'mini-budget,' which outlined a number of initiatives designed to create tax savings for Canadians.

Tax cuts were the main thrust of Finance Minister Jim Flaherty's announcement, which means there are a few new ways you can save your money. In case you haven't had time to follow the media coverage on this issue, the summary below outlines the recent tax changes and how they'll benefit you and your family.

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