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A dividend reinvestment plan, or DRIP, is an investment program designed to slowly compound your shares in a chosen company. It works by automatically reinvesting your incoming cash dividends towards the purchase of additional shares. This allows you to slowly compound your dividend returns, drop by drop.
Let’s face it. The world is set up for couples. From Noah’s Ark to Bumble, it’s all about pairing up. Sure, there are benefits to staying single, like sleeping on whatever side of the bed you fancy, but added financial security isn’t one of them. For singletons, few things are as annoying as “smug marrieds.” Not only do these couples flaunt their cozy togetherness, but they get access to financial perks only available to twosomes.
Print edition of Canadian MoneySaver Magazine for $29.95 (+tax) per year
A dividend reinvestment plan, or DRIP, is an investment program designed to slowly compound your shares in a chosen company. It works by automatically reinvesting your incoming cash dividends towards the purchase of additional shares. This allows you to slowly compound your dividend returns, drop by drop.
Ellen Roseman speaks to Fred Vettese, author of "Retirement Income For Life; Getting More Without Saving More", 3rd Edition. They talk about Old Age Security, the Canada Pension Plan, attitudes around retirement and the fear of outlasting your nest egg.
Foodflation!! We are all facing it! In this episode, Ellen Roseman talks to a Canadian Researcher in food distribution and policy and otherwise known as The Food Professor, Sylvain Charlebois. They discuss food inflation, tipflation and even shrinkflation and how to fight them. They also talk about Canada's Food Price Report and Skip The Dishes Inflation Cookbook.
Let’s face it. The world is set up for couples. From Noah’s Ark to Bumble, it’s all about pairing up. Sure, there are benefits to staying single, like sleeping on whatever side of the bed you fancy, but added financial security isn’t one of them. For singletons, few things are as annoying as “smug marrieds.” Not only do these couples flaunt their cozy togetherness, but they get access to financial perks only available to twosomes.
Saving for your future (including retirement or any large purchases) is an important financial goal which requires discipline and includes tax strategies. Two of the most popular ways to save for retirement in Canada are the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA). Popularity among Canadians for RRSP is higher given that it is a great way to reduce taxable income and save for retirement, while TFSAs often take a back seat. While each has their advantages and limitations, both can be used to maximize savings and compound tax benefits
Ellen Roseman speaks with Michael Bartz, host of the In Over My Head podcast, about his tiny house and lowering his environmental footprint as well as living simply and frugally.
Ellen Roseman chats with Shaun Maslyk, CFP and host of the podcast "The Most Hated F-Word" about our money-stories and how they affect our relationship with money. He mentions Dr. Brad Klontz and the four money-scripts or subconscious beliefs that we develop as young children about money.