You can split pension income so that some of the income goes to your spouse in a lower tax rate. Pension income splitting can mean a lower household tax bill.
Creating a budget is fairly easy. You create a plan that allows you to live within your means, what's hard is actually sticking to the budget you create.
For those of you who don't know Jim Yih, his primary work is putting financial education programs in the workplace. Companies large and small hire Jim to teach their employees about retirement, money, investing and other facets of personal finance.
Investing is a smart way to improve your finances, but don't do so prematurely. These questions will help you decide if you're ready to start investing.
Does the economy matter? Given the tremendous stock market run from the end of last year through the end of the first quarter of this year, it seems like a good time to assess the current position of the markets.
Balance Junkie looks to become a top personal finance blog in Canada by welcoming Tom Drake from Canadian Finance Blog and Jim Yih from Retire Happy Blog.
Many people don't know much about trusts, whether a testamentary trust or inter vivos trust, because they can be intimidating, technical and complicated.