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TL: Is financial literacy enough?

Manage your money and minimize your taxes
15 May 2009

Originally Published by The TaxLetter Vol. 27, No. 5,  May 2009   www.adviceforinvestors.com

Is financial literacy enough?
Manage your money and minimize your taxes

Eileen Reppenhagen, CGA 

 

They have a double income, no kids, pay their bills on time and take advantage of warranties and early payment discounts. They know how much comes in and how much goes out and balance their accounts.

Sharing responsibility, he reads all the online financial newspapers; she monitors their electronic banking. They haggle for the best rates on GICs and mortgages. They blend, extend and wrap. They check calculations.

Heaven help him if she ...

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Eileen Reppenhagen, CGA, ACG, Certified QuickBooks ProAdvisor, and Honorary Member of the Institute of Professional Bookkeepers of Canada, writes and speaks about accounting and tax.  She is a regular contributor to Canadian MoneySaver, The TaxLetter and Intuit Canada’s Advisor Advantage. 

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