The annual contribution limit for the Tax-Free Savings Account (TFSA) has officially been increased to $6500 for 2023. This amount is up from the $6000 limit that was set from 2019-2022. The annual TFSA contribution amount is indexed to inflation…
Avoid Debt this Holiday Season
This week I finally started my Christmas shopping, usually I am way ahead by now, but this year I am way behind! Next week is Black Friday, followed closely by Cyber Monday, when a lot of us will power shop…
Ready to Stop Working?
A friend told me the other day, that when her work started to interfere with her play time, she knew it was time to retire. If you are starting to re-evaluate your life, and how you want to spend your…
Year-End Tax Tips
I can’t believe it’s already November, before we know it, we will be decorating the Christmas Tree! Before we get full swing into the holiday season, take some time, and review your personal finances. Here are some time-sensitive tips that…