Archives

Dear Money Lady: We can’t earn enough to save anything for the future. My husband works two jobs, we have three kids, and it’s just not possible to save. We do own a home, but I honestly believe [...]

Dear Money Lady Readers: Are the rising rates keeping you up at night? Are you wondering if you can ever afford to buy a home? Hang-in there, the change is coming! The Canadian housing market is [...]

Dear Money Lady, When do I have to file my taxes this year and how can I pay less. I am retired now and every penny counts. Thanks, Janice.   Dear Janice, The due date is Monday, May 2 to [...]

Dear Money Lady Readers, Inflation is up to a 30- year high. So, is your lifestyle inflation up too? Canada’s current inflation rate is 4.8 per cent, which is mainly due to our pent-up demand for [...]

Dear Money Lady, Is now a good time to downsize, since house prices have gone up so much? Do you think the prices will stay high? Gordan Gordan, You are correct. It is finally a true seller’s [...]

Dear readers, I want to share a study done a couple of years ago, (pre-COVID) on why some retirees are happier than others. See if you can do these things too. When we think about it – why aren’t [...]

Dear Money Lady, I will turn 59 in 2022 and I sometimes think I am ready to retire. One day I want to quit and the next I plan to keep working to 65. Any ideas? Paul You are not alone Paul, many [...]

Dear Money Lady, I check my credit all the time – do you think it will drop in December? Ken Dear Ken, December marks the time of year when Canadians spend the most, whether it be on food and [...]

Dear Money Lady, Do I really have to withdraw cash from my RRIF every year? Jim Dear Jim, The short answer is no. Many people are heading into the balance of the year and realizing that they must [...]

Dear readers, I have received so many emails about what to invest in, how to invest, and what to ask advisors – so I wanted to give you a low-risk investment strategy and discuss what you can [...]