Family Finance

Have you opened an RESP yet? It may be the best investment you can make in your child's education	September 2011
Understanding your returns in 2010 For the 11 months to November 30, Canadians were generally experiencing positive returns on their investments, as shown in the table of index benchmarks below.	January 2011
Nine ways to improve your personal finances in 2011 Managing our personal finances is one of the most important things we do. But if you're like most people, you find the whole process complicated and you will tend to put it off.	January 2011
Life … and death decisions Insurance planning and charitable giving The question of one's own mortality is rarely a favorite topic of conversation, but an insurance strategy can provide dramatic benefits to those who are planning their charitable legacy.	December 2010
The New Year will usher in the first changes to the CPP Beginning on January 1 2011, a major overhaul of the Canada Pension Plan will begin, which could affect the amount of money you receive in retirement.	December 2010
Tax-Free Savings Accounts: consider setting one up with your financial advisor Each year, contribution room in a Tax-Free Savings Account (TFSA) grows by $5,000.	December 2010
Tax-Free Savings Accounts are growing more valuable by the day If you haven’t already done so, you can now put up to $10,000 into your Tax-Free Savings Account, and starting next year you’ll be able to add another $5,000.	August 2010
Are you sitting on your cash? If so, you may want to consider an alternative Canadians entered 2010 sitting on a mountain of cash – about $1 trillion to be exact. It’s largely held in savings accounts and GICs, and here’s the rub: all you can get on short-term savings is about 0.25% and on five-year deposits about 3.25%.	August 2010
Nine ways to improve your personal finances in 2010 When it comes to our personal finances, it’s easy to set goals but it’s awfully hard to meet them.	January 2010
Selecting an advisor A critical choice on the road to financial security In this, the second in a series on the value of financial advice, we’ll look at how to select a financial advisor.	September 2009
A lifetime of education opportunities Have you ever thought about going back to school as an adult, but wondered how you would be able to afford it?	September 2009
The fourth in a series looking at investing in your 20s, 30s, 40s and 50s Now that you’re in your 50s you’ve probably asked yourself this question a number of times: How much do I need to retire?	August 2009
Save for your child’s education by opening a formal trust Last month we looked at creating an informal trust as a way to save for your child’s education.	August 2009
Opening an informal trust Another way to save for your child’s education Last month we looked at Registered Education Savings Plans as a way to save for your child’s education.	July 2009
The third in a series looking at investing in your 20s, 30s, 40s and 50s Now that you’re in your 40s you’ve probably entered your top earning years.	July 2009
Financing your child’s education The University of Toronto estimates that it now costs $19,700 to finance one year in their bachelor’s program, taking into account tuition, books, food, lodging and other costs..	June 2009
You’re in your 30s: It’s time to get serious You’ve passed the big 30, and noticed that financially things are getting a little more complicated.	June 2009
What if you start saving in your 20s? There are many competing financial priorities, so it’s hard to save money during one’s 20s. But even a small, monthly amount helps.	May 2009
Tax cuts and home renovations – the 2009 budget and you To boost Canada’s slowing economy the House of Commons has ratified a budget for 2009 that not only includes massive spending on infrastructure, it reduces taxes and offers homeowners rebates on renovations.	March 2009
Women are living longer, saving less Is personal finance different for women and men? Yes.	March 2009
Your RRSP Checklist for 2009 If you haven’t started saving, start now. It’s never too late to invest in your future.	February 2009
Nine ways to improve your personal finances in 2009 As the New Year arrives we often pause to reflect on the past year and set a few goals for the future. It may be a promise to go to the gym, take a course or spend more time with the kids	January 2009
Commitment to others earns Canada’s Top Teen Philanthropist award Jane Wu has a message for young women: You can achieve anything you want. That’s one of the reasons why Wu, 18, created an annual conference for Child and Youth Friendly Calgary (CYFC), called Beauty and Brains.	January 2009
RESP: Is your child 11 years old? One of the most attractive features of the Registered Education Savings Plan (RESP) is the government grant (free money!) that comes with it	December 2008
Attention passengers: protect yourself from airline bankruptcy Are you planning a winter getaway?	October 2008
Reading, writing and saving money If you’ve got kids, September can be a super-expensive and stressful month. Back-to-school means dishing out money for new clothes, supplies, uniforms, activities, music lessons, and possibly tutors.	September 2008

Mutual funds sponsored by Mackenzie Financial Corporation are only qualified for sale in the provinces and territories of Canada.

Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus carefully before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.