Finance
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Descending The Corporate Ladder: A Solution To A Better Life
[ad_1] Feeling burned out and underappreciated? Tired of managing people and just want to focus on your craft? Thinking about going back to school to do something more meaningful? If any of this resonates, don’t quit your job. Instead, it might be time to consider a strategic descent down the corporate ladder to take back…
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Should Moira manage her $400,000 RRSP investments on her own…
[ad_1] Q. My plan is to retire at age 60. I am now 55. All my assets are in registered retirement savings plans (RRSPs), two-thirds of it in a fully managed account with a major brokerage. I find the returns quite mediocre, but according to my adviser they are excellent. For an average of six…
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Rich Banks of Mom & Dad Are Everywhere—Accept It and Adapt
[ad_1] If you are a parent, your mission is clear: develop into a rich Bank of Mom & Dad to save your children. Without your financial support, they might never launch. If you don’t have wealthy parents yourself, then unfortunately, life might stay on hard mode forever. It’s up to you to break the cycle…
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The Choices We Make To Achieve Financial Freedom Aren’t For …
[ad_1] After publishing Why We Keep Spending Even Though We Know We Shouldn’t, I realized something important: the real reason I wasn’t willing to spend on a vacation rental this summer is because we no longer have financial freedom. I didn’t think about this fact until after I got a lot of feedback from readers on…
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Accepting A Preemptive Offer vs. Listing On The Open Market
[ad_1] When you decide to sell a house, you might encounter a preemptive offer—a bid that arrives before you list publicly on the open market or reach your set offer due date. This scenario often unfolds in a robust market or when your property is highly sought after. It’s a tempting yet tricky situation: Do…
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Retiring surgical nurse Richard wants to know whether to max…
[ad_1] Q. I’m a 58-year-old surgical nurse retiring in July. My retirement pension will be roughly $55,000 annually and it will start paying out in September. I have $48,000 in unused registered retirement savings plan (RRSP) contribution room. Should I max out my contributions on my 2025 taxes? I have enough saved to do so.…
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Why Sell Your Rental Property Even If You’re Bullish On Pric…
[ad_1] I’m bullish on real estate. Yet I recently sold another rental property. This type of incongruence between thought and action can feel unsettling and even counterproductive to wealth creation. But it doesn’t have to be. Because while maximizing returns is a big goal on your road to financial independence, it’s not the only goal.…
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How You’ll Feel Reaching Various Millionaire Milestones ($1-…
[ad_1] To celebrate the launch of my new book, Millionaire Milestones: Simple Steps To Seven Figures, I want to share how you might feel and what you might do as you hit various levels of wealth. Perhaps by sharing, I’ll motivate you to save and invest more aggressively. We’ll start with reaching your first million, then…
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11 Best Places To Sell Used Baby Items
[ad_1] Are you looking for the best places to sell used baby items? As parents, we all know how quickly baby items pile up. One moment you’re buying newborn onesies, and the next, your toddler is running around the house. The reality is that babies grow fast, and the items they need during those early…
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Carney needs to deliver 'Big Bang' tax reform to g…
[ad_1] If all you have is a hammer, everything starts to look like a nail. That’s never been truer than in the realm of Canadian tax policy, especially under the governing Liberal Party of the past 10 years. Whether the issue (the “hammer”) has involved climate alarmism, housing challenges, “intergenerational fairness,” taxing the rich, digital…