by Rona Birenbaum BAS CFP®, CHFS | Jul 24, 2018 | In the News
They say home equity is a form of long-term forced savings. After all, while your bank will be pretty unimpressed if you skip a mortgage payment, no one will really notice if you stop your RRSP transfers. Full Article on globalnews.ca >
by Rona Birenbaum BAS CFP®, CHFS | Jul 23, 2018 | In the News
Widow of former Toronto mayor Rob Ford has taken out a 2nd mortgage on family home — at 12.5% interest. “No earned income and ever increasing debt at unbelievably dizzying interest rates is actually a recipe for financial disaster,” said Rona Birenbaum, a...
by Rona Birenbaum BAS CFP®, CHFS | Jul 10, 2018 | In the News
The Golden Girl Finance, the financial voice for women, interviews Rona Birenbaum. Full article >
by Rona Birenbaum BAS CFP®, CHFS | Jul 5, 2018 | All About Investing, All About Tax
First – why do you think you’ve over-contributed? Is it because your account value exceeds the accrued contribution limit? Only your deposits are considered as contributions to your TFSA – not your earned returns on the money you put in. Boring Betty and...
by Rona Birenbaum BAS CFP®, CHFS | Jul 5, 2018 | All About Investing, All About Tax
As I write, in 2018, the Tax-Free Savings Account (TFSA) program is ten years old. And what a fine ten-year-old it is! Who doesn’t love being able to set money aside tax-free, for a lifetime? Not to mention, any amount contributed, as well as any income earned in the...