Tax-Free Savings Accounts (TFSAs) should be on your personal savings radar. Since they were first introduced by the federal government in 2009, TFSAs have been recognized as a great vehicle for tax-free savings growth. While every Canadian resident over the age of 18 is eligible to open one, there are a few things everyone should know about how these accounts work before choosing to save using a TFSA.
Maryanne wanted to move out on her own, ideally to a home she owned, but the barriers associated with life with a disability were making her goal much more difficult to accomplish. So when she learned that she could draw on the resources at SMD Self-Help Clearinghouse to build her economic strength, she saw an opportunity that would help her goal come true.
The third Wednesday in April every year – April 15th in 2015 – is Talk With Our Kids About Money Day. On the ‘Talk Day,’ families and teachers can make a point of talking with kids about money, whether round the table, at bedtime, in a classroom, reading or watching TV.
The Family Tax Cut (FTC) is the big news in family tax filing this year. That’s because your family may receive a refund that is up to $2000 bigger. But the provisions are complex, so we have put together a brief overview to help you get started.
November is Financial Literacy Month in Canada, and the Manitoba Financial Literacy Forum is spreading the word throughout the province with the return of its popular Financial Literacy Calendar for 2015, providing helpful lessons to promote financial literacy and learning all year long.
The 2015 Money Matters: Financial Literacy Lessons for Life calendar features information and valuable money-saving resources for young people, families and individuals nearing retirement, including tips on managing debt, reducing the cost and length of a mortgage, talking to children about money, and recognizing potential investment scams.
Welcome to the Manitoba Financial Literacy Forum (MBFLF) website! The MBFLF is the largest provincial not-for-profit coalition promoting financial literacy and education in Manitoba. Our members are committed to helping Manitobans become financially literate through a wide variety of programs and resources. The support that these organizations offer can have life-altering outcomes for anyone who wants to improve their knowledge, skills and confidence in making smart, responsible financial decision.