In his latest personal finance column for CTVNews.ca, Christopher Liew has advice for high earners who should consider wealth and time management strategies to create even greater financial freedom for themselves.
In his latest personal finance column for CTVNews.ca, Christopher Liew has advice for high earners who should consider wealth and time management strategies to create even greater financial freedom for themselves For high earners, solely focusing on budgeting may not be the most effective strategy. As income levels rise, the principles of personal finance evolve.
Traditional budgeting can become time-consuming and may only make a marginal difference compared to the difference you’d see if you invested the same amount of energy into finding new outlets to invest in. While those who earn a higher income are taxed at a higher rate, they’re also given opportunities to reduce their tax liability by investing in their retirement, their communities, and taking advantage ofChoosing investments that offer tax advantages, such as RRSP retirement accounts or claiming deductions on business or real estate investmentsLastly, one characteristic of the wealthy is that they know how to optimize their estate planning so that their wealth stays in their family.
Over the next year-and-a-half, 44 per cent of all mortgages will be up for renewal in Canada. To help guide consumers through these uncertain financial times, CTV News reached out to more than 50 mortgage brokers across Canada with a list of questions. Their answers provide professional guidance for individuals and families searching for clarity and sound advice.
Amid renewed scrutiny over the cost of Canada's consumer carbon tax, following a miscalculation by Parliamentary Budget Officer Yves Giroux, Deputy Prime Minister and Finance Minister Chrystia Freeland is standing by the Liberal policy, calling the error an 'honest mistake.'An Ontario nurse who's worked in the health-care field for more than 15 years says the staffing levels have never been as bad as they are now.
A New York man was charged Tuesday in a sports betting scandal that spurred the NBA to ban Jontay Porter for life, with the charges marking the first known criminal fallout from the matter.Alberta Premier Danielle Smith is looking to extend her winning streak as the Edmonton Oilers prepare to face off against the Florida Panthers for the Stanley Cup.The Vancouver Whitecaps will host the Red Dragons for a friendly on July 27 in the final game of the Welsh club's pre-season tour.
An Ontario senior whose $4,000 e-bike was recently stolen says his insurance policy only covered a quarter of its value.The Toronto Regional Real Estate Board says home sales in May were down 21.7 per cent from last year, but new listings continued to rise as homeowners anticipate a bump in demand.
It is the beginning of a new era for Regina’s Dress for Success program, a non profit organization which aims to help women and non-binary individuals gain economic independence in a variety of ways, including providing professional attire.Regina police seize drugs estimated to be worth more than $1 million
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