Tag: FinancialPlanning
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Why I’m an Accountant… and Still Have a Financial Advisor
As an accountant, I rely on a financial advisor to manage my finances effectively. While I excel in analyzing past data, my advisor focuses on future strategies like investments and retirement planning. This partnership alleviates my time constraints, ensures accountability, and enhances my financial planning, reinforcing the need for professional guidance even among experts.
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TFSA vs. RRSP: Which Canadian Savings Account Is Right for You?
The Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP) are essential Canadian tools for financial growth. TFSAs provide tax-free growth for short-term goals, while RRSPs focus on tax-deductible retirement savings. Choosing between them depends on individual income, goals, and timelines, with many benefiting from using both strategically.
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Maximize Your Savings: FHSA Benefits for First-Time Homebuyers in Canada
The First Home Savings Account (FHSA) launched by the Canadian government offers tax-deductible contributions and tax-free withdrawals, aiding first-time homebuyers in achieving homeownership.
Jensen Accounting 