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Investing vs. Mortgage Debt Reduction – Pros and Cons
There is a debate that rages on in the world of Canadian finance regarding what the best path is for the public to achieve their highest individual net worth possible. With assets the way they are, this seems to come down to whether to pay off mortgages, or to invest in their RRSP funds and other mortgage investment corporation outlets. The traditional mode of thinking that many people follow states the following: it's better to get out of debt and pay off what is already owed, including the mortgage, before investing in other endeavors.

Women and Financial Security
Studies show women are actually more worried about financial security in retirement than men. Whether you are married, divorced, single, young or old, as a modern woman, there are compelling reasons why you should take your financial future seriously and if you haven't already done so, perhaps it is time to think about it now. Why are women more financially vulnerable?

Using an RRSP for a Down Payment – Dipping into RRSP Accounts
If you have been interested in buying a home for some time but have not managed yet to accumulate enough money for a down payment in your current savings account, you may want to consider the possibility of using an RRSP for a down payment. While this certainly has its share of pros and cons, for many people, this is a logical solution. Some will use their RRSP account for the funds to take a gap year off to travel, and others will use it to purchase an automobile, so why not consider using this money, which is entirely yours, as the means for a down payment for a home?

Tax Time 2009 Q & A
Some often asked tax questions and answers for 2009.

Tax Free Savings Account
An overview of TFSA (tax free savings accounts)

What should I do with my tax refund?
Do you remember the good old days when spending our tax refund frivolously wasn't such a big deal? Our jobs were stable, house values seemed to be on a never-ending climb and the stock market was booming. Things were looking pretty good. Well, we are all feeling a little less wealthy these days; our portfolios have been beaten up, the wealth in our homes have taken a blow and on top of all that, we are worried about our jobs and the stability of our income. There is a lot of insecurity or fear out there and so spending our tax refund on a great vacation or a new flat screen TV may not be the most financially savvy thing to do. So what should we do with this year's tax refund- spend it or save it, invest it or splurge?

What should I do with my tax refund?
Do you remember the good old days when spending our tax refund frivolously wasn’t such a big deal? Our jobs were stable, house values seemed to be on a never-ending climb and the stock market was booming. Things were looking pretty good. Well, we are all feeling a little less wealthy these days; our portfolios have been beaten up, the wealth in our homes have taken a blow and on top of all that, we are worried about our jobs and the stability of our income. There is a lot of insecurity or fear out there and so spending our tax refund on a great vacation or a new flat screen TV may not be the most financially savvy thing to do.

Other rrsp Related Articles

Using an RRSP for a Down Payment – Dipping into RRSP Accounts
If you have been interested in buying a home for some time but have not managed yet to accumulate enough money for a down payment in your current savings account, you may want to consider the possibility of using an RRSP for a down payment. While this certainly has its share of pros and cons, for many people, this is a logical solution. Some will use their RRSP account for the funds to take a gap year off to travel, and others will use it to purchase an automobile, so why not consider using this money, which is entirely yours, as the means for a down payment for a home?

Investing vs. Mortgage Debt Reduction – Pros and Cons
There is a debate that rages on in the world of Canadian finance regarding what the best path is for the public to achieve their highest individual net worth possible. With assets the way they are, this seems to come down to whether to pay off mortgages, or to invest in their RRSP funds and other mortgage investment corporation outlets. The traditional mode of thinking that many people follow states the following: it's better to get out of debt and pay off what is already owed, including the mortgage, before investing in other endeavors.

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