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Category: Money Tips (5 posts)

Big News for 2025: TFSA Contribution Room Set to Exceed $100,000!

Big News for 2025: TFSA Contribution Room Set to Exceed $100,000!

October 16, 2024 | Posted by: Kiruban Kana

Starting in 2025, Canadians will see their TFSA (Tax-Free Savings Account) contribution limit rise to $7,000, matching the limit from 2024. This increase pushes the total possible contribution room fo ...

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5 Tips to Manage Financial Stress

5 Tips to Manage Financial Stress

September 30, 2024 | Posted by: Kiruban Kana

Despite the Bank of Canada taking steps to reduce interest rates, many Canadians still feel pressure due to the overall cost of living and inflation. This uncertainty can be unnerving for many individ ...

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Discover essential tax write-offs for rental properties in Ontario. Expert advice to optimize your tax strategy. #RentalProperty #TaxDeductions

Discover essential tax write-offs for rental properties in Ontario. Expert advice to optimize your tax strategy. #RentalProperty #TaxDeductions

April 2, 2024 | Posted by: Kiruban Kana

 Maximize Rental Property Tax Deductions in Ontario! Here are some key expenses you can write off for tax purposes: In Ontario, Canada, there are various expenses associated with owning and ...

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Back to School: Teaching Kids About Money

Back to School: Teaching Kids About Money

September 5, 2023 | Posted by: Kiruban Kana

Financial independence is a critical skill for future success that your children will not learn anywhere else. Not only does financial literacy help your children have more success in life, but it al ...

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12 Money-Munching Habits to Avoid: How They Drain Your Wallet and What You Can Do About It

12 Money-Munching Habits to Avoid: How They Drain Your Wallet and What You Can Do About It

June 25, 2023 | Posted by: Kiruban Kana

Today let's talk about some sneaky habits that can drain your wallet faster than you can say 'ka-ching!' It's important to be aware of these money munchers.  Habit #1: That daily $5 coffee fix - ...

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