Frugal Living

Income Splitting Tax Strategy – Spousal Investment Loan

A couple of years ago, I wrote about income splitting strategies to help reduce family taxes in the scenario that one spouse makes significantly more income than the other.  Strategies such as: Contributing to the lower-income spouses TFSA (no attribution rules for TFSA contributions); Maintaining separate bank accounts where the higher income spouse pays for …

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How Baby Boomers Should Tackle Their Student Debt, How To Sell Everything You Own – The Money Manual

These are the must read stories in personal finance this week. 17 Tips For Baby Boomers To Tackle Their Student Debt Those between the ages of 55 and 73, also known as baby boomers, are not excluded from the large number of us with student loan debt to pay off. With an average $34,703 in …

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