20 Cents from January 2012

By 2 Cents on February 1st, 2012 | Category: 20 Cents | Leave a comment

So the first month of 2012 is behind us. Did you set any goals for the year? How are they coming along? There were some fantastic financial articles out there last month. Here’s a tiny sample:

1.  Farnam Street posted an excerpt from a new study on Willpower & New Year’s Resolutions. Apparently, the key to keeping our resolutions is to make sure we don’t need to call on our willpower too often by minimizing temptations. That’s probably why automating your finances by paying yourself first works.

2. The World Economic Forum takes place in Davos, Switzerland each January. Umair Haque pointed out Ten Things You’re Not Allowed to Say at Davos. Enlightening.

3. Take a look at this interview with Danielle Park at Cambridge House in Vancouver. “Wise investors concerned about the real direction of [...]

Read on and enjoy … 20 Cents from January 2012

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What’s More Important Than the Debt Ceiling?

By 2 Cents on July 29th, 2011 | Category: Giving | One comment
plan-canada-east-Africa

Love and business and family and religion and art and patriotism are nothing but shadows of words when a man’s starving.

~O. Henry, Heart of the West, 1907

Are you tired of the debt crisis in Europe and the inane arguments over the U.S. debt ceiling? Have you had it with watching wealthy politicians and bankers arguing over who’s going to sit in the last deck chair on the Titanic? While all of these theatrics seem like a surreal scene from The Simpsons, there is a crisis unfolding in another part of the world that has received precious little attention..

Children are starving in Africa. OK, so that’s nothing new, right? Yawn . . .  You may not be aware that things are much worse than usual in Eastern Africa because of a devastating drought. People who normally have very few resources are trying to cope with a [...]

Read on and enjoy … What’s More Important Than the Debt Ceiling?

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Get Your Inheritance Early - And Other Ways Your Parents Can Save Thousands in Taxes in Retirement

By 2 Cents on August 16th, 2010 | Category: Retirement | 5 comments

The following is a guest post by Frank Wiginton CFP, FMA, CIM, FCSI.

I want to start off by saying that I am not advocating anything that could get you put away! What I am recommending is that you speak with your parents about saving them thousands in taxes throughout retirement. Those who are in retirement may be paying too much in taxes on money they will never use!

The big question most people in retirement have is “Will I run out of money?” There is a great calculator on the home page of my website at www.frankwiginton.ca that will tell you whether you will run out of money, and if not, how much you will still have left as an estate. It will also tell you approximately what your lifetime tax bill will be. You will likely be surprised by the numbers – many are!

So [...]

Read on and enjoy … Get Your Inheritance Early – And Other Ways Your Parents Can Save Thousands in Taxes in Retirement

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