Creating a budget is the first step to understanding your cash flow situation. It's also possibly one of the most daunting tasks that everyone knows they should do. Here are some tips, guidelines and a template worksheet to help create a budget.
TFSA: The Overlooked Sidekick
TFSAs are greatly overshadowed by the RRSP as a retirement account. The RRSP program has long been the default retirement program for most Canadians but is it the best retirement solution? Although it has been around since 2009, the TFSA program, with a 2017 limit of $52,000, is sizeable enough to be given serious thought as a retirement or long-term savings plan.