Articles for category: Personal Finance

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Smart Saving and Investing

How to save and invest smarter: What Canadians need to know

Smart Saving and Investing: Key Insights for Canadians In today’s ever-evolving financial landscape, Canadians are increasingly seeking effective ways to maximize their savings and investments. Understanding how to navigate the complexities of saving and investing can empower individuals to achieve their financial goals more efficiently. Here are some essential insights to help Canadians save and ...

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3 Ways to Stop Wasting Money on Children’s Toys

3 Ways to Stop Wasting Money on Children’s Toys

Steps To Not Overspend On Toys For Kids Parents by nature want to provide the best for their children, and toys are usually always part of it. Even if this is the case, it's better to pay a low price (as cost should not equate to value), than pay too much for what may essentially be temporary entertainment ...

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Difference Between 403b and 457 Plans

What Is The Difference Between 403b and 457 Plans?

The difference between a 403(b) and 457 Plan There are a host of retirement savings plans that cater to the specific needs of varying professions. Two of the most frequent type plans are 403(b) and 457. Both are designed to help people save for retirement, but the two accounts have crucial differences that can affect your financial strategy. Understanding ...

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IRS Proposes Roth Changes for High Earners

IRS Proposes Key Roth Rule Changes for High Earners In 2025

In 2025, IRS Proposes Many Roth Changes for High Earners In 2025 high-income earners are going to be hit with a massive change in the Roth account rules according to the Internal Revenue Service (IRS). The changes are designed to meet lingering concerns related some retirement account contributions and tax strategies for affluent individuals. What Changes are Proposed? Those ...