Good time to review finances

Dear Money Lady, I am going stir crazy being isolated at home and have had lots of time to review my finances. I read your book and have started using the Cash Tracker – it is a good way to budget, especially nowadays. Marie Carmen. Thank you so much Marie Carmen! It...

Look for opportunities in current market

Money Lady, I have seen my stock portfolio lose so much money in the last few days, I am beside myself with panic. I am not sure what to do. I don’t have much invested but I was thinking of selling everything so I don’t lose anymore. What do you think? Margret (Marg)...

RRSP deadline is March 2

Money Lady, I plan on contributing to my RRSP as I always do, but wondered how it works if I also contribute to a spousal RRSP. Does this count towards my contribution limit or my partner’s limit. It is quite confusing. Could you let me know. George. Dear George, RRSP...

How to avoid overspending at Christmas

I always find it difficult over the holidays to keep the costs down. Have you got any tips for making it through Christmas without spending too much? Thanks, Francis Great question Francis! Everyone feels the financial pinch over the holiday season and most tend to...

Ask the Money Lady: Wills

My husband and I both think it’s important to have a will but we have not gotten around to it yet. We have been married for 10 years and have three kids. If we just wrote down our wishes and signed it, would that be good enough? Cindy B. Dear Too Busy Cindy!...