When the need is so great, choosing which charities to give to can be overwhelming. Here’s how best to direct your giving – Globe and Mail, December 11, 2020
https://www.theglobeandmail.com/life/article-when-the-need-is-so-great-choosing-which-charities-to-give-to-can-be/
Gayle MacDonald reminds us of how important it is to research charities that we are considering donating to. She also provides tips on how to go about doing that.
Ten tax tips for charitable giving as December deadline nears – Financial Post, December 4, 2020
https://financialpost.com/personal-finance/taxes/ten-tax-tips-for-charitable-giving-as-december-deadline-nears
Jamie Golombek offers up some timely tips for any one interested in making charitable donations at the year end. You have to make your donations by December 31 in order to get a tax receipt for 2020.
Taking CPP early can cost you $100,000 and limit your long term options – Globe and Mail, December 8, 2020
https://www.theglobeandmail.com/investing/personal-finance/article-taking-cpp-early-can-cost-you-100000-and-limit-your-long-term/
Rob Carrick takes another stab at convincing folks that it is better to wait until you are 70 before taking your CPP. He uses the “Lifetime Loss calculation” to demonstrate how much income you will lose by not doing so.
Explainer: What is Universal Basic Income? – moneysense.ca, December 3, 2020
https://www.moneysense.ca/financial-literacy/explainer-what-is-universal-basic-income/
There has been a lot of talk recently about the adoption of a Universal Basic Income. Here is moneysense.ca’s take on the matter, as explained by Alexandra MacQueen.
This Ontario woman will need to work into her 70s to escape financial vise – Financial Post, December 4, 2020
https://financialpost.com/personal-finance/family-finance/this-ontario-woman-will-need-to-work-into-her-70s-to-escape-financial-vise
Andrew Allentuck examines the retirement status of a woman who is already 65 and has limited financial resources. She is not in good shape.