Canada Estate Planning for Tax Efficiency Rough Guide – Update 2025
So I wrote a rough guide on estate planning in Canada that I plan on following here: Estate Planning Guide for paying the lease amount of Taxes in Canada based on reading articles
The Net Worth, Assets, and Debts of Canada (2023)
Source: StatsCan Take a look at the most common types of assets: Family Home median value = $500,000 …same value as the median net worth. I mean it is not definitive, but what w
Who do you feel pressured to keep up with?
I was talking to a colleague the other day (younger) who said that she just felt left out. Left out of everything, like she wasn’t keeping up. All of her friends were married, bu
Our Thresholds for Wealth: The 5 Levels of Money & Independence
I thought about minimum wealth thresholds that would change your life, and came up with my own rough map of it. (I totally distinguish between income & wealth – You can b
What are all the possible retirement and savings plans or accounts in Canada? A list of them.
In summary, this is a list of all of the possible retirement and savings plans available to Canadians: RRSP: Registered Retirement Savings Plan TFSA: Tax-Free Savings Account FHSA:
List of Books on Wealth, Class and Rich People Things
I do not know why, but the topic of wealth being tied into social class and the whole sociology of how rich people have acted throughout the ages, and even today, how they think, i
Signs of wealth: Not being precious with your items
I watched a clip of a woman on Instagram named @sommyah I was sent by a friend.. and she was talking about these $1000 sunglasses she purchased (she got two pairs of them). After t
Signs of Wealth: Choosing whether you work or not and/or your environment
By work I do not mean just working at a job or a career, as I have previously mentioned working at home or making your own food and items as a sign of wealth because it shows how
Signs of Wealth: Time is the true luxury and sign of wealth, not money
These days, leisure time is the real sign of wealth. I mean, if you have a good job that allows you to work from home, you save on the commute, and all the frou frou surrounding it
Silver Spoons & Spoiling Children With Money
I recently read: Myth of the Silver Spoon and it made me feel a lot more confident and hopeful that I will be able to navigate being a parent who can now afford to give things to h