Updates: March 10 – 16
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We’re also co-hosting the ongoing Canon Rebel DSLR giveaway, which you can enter here.
It seems like everyone I know is just about finished up with their tax returns. Sadly, this year I’ll actually be faced with giving up more money to the government thanks to extra income from my side gig, the blog and about $4000 net income from our rental condo. We increased RRSP contributions midway through the year, but it wasn’t quite enough to catch up to the extra income. Next year should be good with the added RRSP contributions, added RRSP matching by my employer and the ability to decrease the condo net income thanks to an assessment this year.
Photo credit: s_falkow via flickr
We also made some progress on moving our RRSP investments to a brokerage – goodbye mutual fund fees! All that remains is to mail in a form and wait for the results. All this financial stuff should be cleared up in time for the weather to finally get better and I can enjoy being outside again.
Check out these awesome blog posts from the week:
- Modest Money looks at the importance of blog statistics.
- Canadian Budget Binder tells us how he paid off his provincial student loans – fast!
- Freedom Thirty Five is looking at diamonds as an investment opportunity.
- We’re still stuck in rainy season up here, but Frugal Portland has some suggestions about what to do on the first nice day of the year.
- Frugal Rules suggests some fun ways to enjoy March Madness at work. I love brackets but know very little about college basketball…
- Funancials reminds us that market timing is bogus and there is never a bad time to buy stocks.
- Mo Money Mo Houses recaps her 30 day no drinking challenge. Congrats!
- My Money Design notes that PF blogs are a great way to learn basic financial planning skills.
- NZ Muse muses on the pros and cons of shift work.
- Reach Financial Independence continues her cheap travel series and focuses on France!
- It’s no secret that we love to garden. Wise Dollar has some great frugal spring gardening tips!
Thanks to everyone who included us this week!
- Skinny Scoop nominated us as a Top 25 Budgeting Blog – head over and vote for us!
- Mo Money Mo Houses: Weekly Link Love – Cake Tasting Edition
- Canadian Budget Binder: PF Weekly Reading List #11 – Free Money, want some?
16 Responses to “Updates: March 10 – 16”
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Thanks much for the mention, I really appreciate it. Paying more in taxes does suck, but at least you made more money.
Yep, we’ll just have to plan better next year to reduce the taxable income!
I hate paying taxes but that is quite a good problem to have… thank you for the mention.
Yeah, it’s annoying, but there are worse positions to be in.
Thanks for the love!
No problem, have a great weekend!
Thanks for the mention!I hate it that you have to pay more taxes, but if it’s because of a lot of extra income, then that’s not too bad a position to be in!
It’s annoying, but not the end of the world, that’s for sure.
Thanks for the great links! Have a great weekend.
Thanks and have a great weekend!
I hope you blog about your process of moving your RRSPs to the brokerage or have I missed that? Thanks for mentioning a CBB post although it was a fan who shared her story, not me. Have a great weekend.
We haven’t blogged about it yet, but I think we will once the process is complete. Stay tuned!
Condo assessments can be annoying. I’ve had one last year but it wasn’t too bad. I have yet to do my tax return, but will get on that shortly. Thanks for the mention
Yeah, this one wasn’t too bad and should have a good impact on building value.
Thanks for the mention. Same for me with taxes, though I’m still getting a tiny bit back but not much to sniff at.
Booo to owing money this year. Hopefully next year will be better. I still haven’t filed yet. I’m still organizing all my freelance stuff and my appt is on the 29th. I really don’t think I’ll owe, but fingers crossed.