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Money Management For Canadians All-in-One Desk Reference For Dummies, 2nd Edition

Money Management For Canadians All-in-One Desk Reference For Dummies, 2nd Edition

Heather Ball, Andrew Bell, Andrew Dagys, Tony Ioannou, Margaret Kerr, JoAnn Kurtz, Paul Mladjenovic, John L. Reynolds, Kathleen Sindell

ISBN: 978-0-470-15998-9

Jun 2010

832 pages

$29.99

Description

All the information you need to manage your money wisely in one great guide

Looking to expand your knowledge of money management? This all-in-one resource is the tool you need. From dealing with debt and setting financial goals to starting a small business and planning your estate, this indispensable desk reference is bursting with sound financial advice. Our Canadian financial experts offer the insight you need for making first-class money-management decisions.

  • Setting financial goals — determine your money personality and set a financial course that works for you

  • Getting yourself out of debt — tackle credit problems and expense issues to set yourself on the right path

  • Buying and selling a home — get the home of your dreams for the best price and sell your house easily and profitably

  • Understanding investing essentials — explore your options to make the most of your money

  • Building wealth through stocks, bonds, and mutual funds — buy the most profitable investment vehicles no matter what the economic climate

  • Planning your retirement — build your RRSPs to enjoy a comfortable retirement free from money worries

  • Readying your estate — ensure that your estate is properly managed and safe from taxes

  • Starting a small business — set out on an entrepreneurial adventure with everything you need to be successful

"An indispensable reference guide."
Mike Gillespie, Canwest News Service

Open the book and find:

  • How to manage your money to meet your goals

  • Budget tips to help you save more

  • How to reduce the taxes you pay

  • Expert tips on buying your perfect home

  • The best investments for your personality and goals

  • How to build a diversified portfolio

  • The scoop on how much you'll need to retire comfortably

  • Essential information on estate planning

  • What you need to succeed in small business

Introduction 1

Book I: Taking Stock of Your Financial Situation 7

Chapter 1: Your Financial Snapshot 9

Chapter 2: Setting Financial Goals 23

Chapter 3: Distinguishing Needs from Wants 33

Chapter 4: Saving Smartly 43

Chapter 5: Spending Wisely 49

Book II: Money Management Basics 59

Chapter 1: Getting Credit (Where Credit Is Due) 61

Chapter 2: Getting Into Debt 69

Chapter 3: Getting Out of Debt 85

Chapter 4: Budgeting and Record Keeping 113

Chapter 5: Planning for the Inevitable: Taxes 137

Book III: Home Sweet, Home Free 145

Chapter 1: Deciding to Buy 147

Chapter 2: Discovering Your Perfect Home 173

Chapter 3: Getting the Home You Want 201

Chapter 4: Deciding to Sell 221

Chapter 5: Preparing to Sell Your Home 243

Chapter 6: Sealing the Deal 261

Book IV: Investment Fundamentals 289

Chapter 1: Setting Realistic Goals and Expectations 291

Chapter 2: Your Savings Choices: Savings Accounts, Tiered Accounts, and GICs 299

Chapter 3: Stocks, Bonds, Mutual Funds, and Real Estate 305

Chapter 4: Monitoring Your Progress 327

Chapter 5: Becoming an Effective Investor 337

Book V: Making Your Investments Work for You 345

Chapter 1: Buying Mutual Funds 347

Chapter 2: Types of Mutual Funds 373

Chapter 3: The Essentials of Stock Investing 395

Chapter 4: Before You Get Started with Stocks 413

Chapter 5: Buying and Selling Stocks 433

Chapter 6: Investing in Bonds 447

Chapter 7: Screening Mutual Funds Online 459

Chapter 8: Internet Stock Screening 467

Chapter 9: Valuing Bonds Online 475

Book VI: Somewhere over the Rainbow: Retirement Planning 485

Chapter 1: Getting Started with Your RRSP 487

Chapter 2: What to Expect from Your RRSP 503

Chapter 3: Your RRSP Strategy 513

Chapter 4: Withdrawing Money from Your RRSP 529

Chapter 5: The Time Has Come to Cash In! 537

Book VII: Estate Planning 553

Chapter 1: Estate-Planning Basics 555

Chapter 2: The Taxman Cometh: Taxes and Your Estate 563

Chapter 3: Creating an Estate Plan 585

Chapter 4: Reading and Understanding a Will 617

Chapter 5: Power of Attorney and Your Living Will 633

Book VIII: Taking Care of Business 649

Chapter 1: Show Me the Money: Sourcing Financing for Your Business 651

Chapter 2: So Long and Thanks for All the Cash 671

Chapter 3: Paying Your Dues: All about Taxes 689

Chapter 4: Close Encounters with Accounting 707

Chapter 5: When Your Business Springs a Leak 723

Appendix A: Your Personal RRSP Planner 733

Appendix B: Prepare to Meet Your Lawyer 735

Appendix C: Instructions for Your Executor 747

Appendix D: Inventory for Your Executor753

Appendix E: Sample Business Plan 759

Index 781