How and Why to Calculate Your Marginal Tax Rate

Taxes.  Yawn.  Right? Wrong. For many Canadians, taxes form the largest expense in their budget.  And for many employee-Canadians (vs. self-employed Canadians), you’re going to pay close to whatever your company’s tax slip says you’re going to pay.  And because tax is often withdrawn right from your paycheque, you might not even notice how much […]

Raise Kids Without Spending a Fortune

Raising kids does not have to be a financial disaster. Why? Because kids aren’t expensive. Parents make them expensive. I’m not sure who coined that phrase. I’ve seen variations of it pop up all over the place. But one thing is absolutely certain: Raising kids costs more money than not raising kids. Simply put, there […]