Retirement planning focuses on preparing financially for life after full-time work. It helps ensure steady income when regular paychecks stop. Most importantly, it reduces uncertainty later in life. Many people delay planning because retirement feels far away. However, starting early often leads to better results. Time remains the biggest advantage. Small steps today can create […]
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Passive income refers to money earned with little daily effort after setup. Unlike a salary, it does not depend on working more hours. Instead, it grows over time through systems, assets, or investments. Many people pursue passive income to reduce stress. Others want flexibility. Most importantly, it helps build long-term financial stability. However, passive income
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Index funds are a type of investment that follows a specific market index. In simple terms, they aim to match the performance of the market rather than beat it. For example, an index fund may track the S&P 500. As a result, when the market rises, the fund usually rises as well. Likewise, when the
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TFSA vs RRSP: Which One Should Canadians Use First in 2025? If you’re a Canadian trying to save or invest money, you’ve likely heard about TFSA and RRSP. While both offer tax advantages, they work very differently — and choosing the wrong one first can cost you thousands in lost tax benefits. In this guide,
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