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Showing posts with the label Money Mindset

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Have you started investing in your TFSA?

   The CRA has just announced the new TAX FREE  SAVINGS ACCOUNT LIMIT FOR 2023 $6500 FOR 2023 IF YOU HAVE NOT CONTRIBUTED TO A TAX  FREE SAVINGS THE TIME TO START IS NOW! About the TFSA Since 2009, the Canadian government has set a maximum amount that qualified Canadians can contribute to their TFSA every year, regardless of income. ·          Every year, your TFSA announces new contribution limits. ·          Unused TFSA contribution room can be carried forward indefinitely to future years. ·          Watch your contribution amounts because, if you contribute more than the total allowed, the over-contribution amount will be subject to a steep tax penalty. ·          Any withdrawals you take from your TFSA are added to your TFSA contribution room limit in the following year, ...

Do not let your bank account control your life!

  I know, easier said than done!   You are absolutely right, but you can change your mindset, put a smile on your face, it's going to be ok!   Our mindset controls us, but time will heal us. 💝 I remember one Friday night, it was about 7pm and I was feeling down and sad, tears streamed down my face.    I was missing my old life, my Neighbours, my old house, my pool, my kids and life seemed so unfair!    Yes we hold memories of our old life... old friends, random items, the bright street lights, snowy days, and oh the thoughts go on and on.     We must be strong and look to the bright side, there is a field of opportunity just waiting for us to open our minds to it! We are only 55! We feel alone, we have lost many friends, and now we don't know where to start, our bank account reads $275, now what? We can barely afford gas for our car.  Be positive, look on the bright side, you still have a car and now it's all yours! You d...