Dalwadi Insurance

10/17/2026

⚠️ Over-contributed to your TFSA, RRSP or RESP? The CRA charges 1% per month on the excess.
📌 TFSA: 1%/month on anything over your limit
📌 RRSP: 1%/month, but you get a one-time $2,000 lifetime buffer
📌 RESP: 1%/month once you pass $50,000 per child
Investing is great. Over-contributing isn’t. 😬
💬 Comment “TIP” for more investing tips!

10/14/2026

🤔 Tax deduction vs tax credit: do you know the difference?
💰 Deduction = lowers your taxable income
Income $100K → invest $10K → taxable income $90K
🧾 Credit = lowers your tax bill directly
Tax bill $4,000 → credit $1,500 → you pay $2,500
Simple way to remember:
📉 Deduction reduces income
📉 Credit reduces tax
💾 Save this for tax season!
📲 Follow for more Canada money tips!

10/09/2026

💳 Minimum payment = minimum progress.
Think you’re safe paying just the minimum? Here’s where the problem starts 👇
⚠️ Credit cards charge 20%+ interest
⚠️ Most of your payment goes to interest, so the principal barely moves
⚠️ High utilization hurts your credit score
⚠️ Lenders check your credit and existing debt when you apply for a loan
Pay more than the minimum, as much as you can, as early as you can.
💬 Do you pay the minimum or the full balance? Tell me below 👇
📲 Follow for more Canada money tips!

10/06/2026

💸 Earn $100K in Canada? Only about $74K hits your bank account.

Where does the other $26K go? 👇

🏛️ Federal + provincial tax
👴 CPP: ~$4,600
💼 EI: ~$1,100

But it’s not wasted:
✅ Healthcare, education, roads
✅ CPP = your retirement income
✅ EI = support if you lose your job

💬 Did you know this before moving to Canada?

📲 Follow for more Canada money tips!

09/15/2026

Taking Child Tax Benefit in Canada? 👶 Want to know how you can legally
maximize your CCB and potentially get more benefits through RRSP
contributions? 💰
Comment “CHILD TAX” for the complete breakdown! 👇

TaxTipsCanada CanadianFinance CanadaParents

09/12/2026

☕ $5 ki coffee... ya $394,000 ka future? 💸
Chhote daily expenses, long-term mein kitne bade ban sakte hain — numbers
dekhkar soch badal sakti hai. 📈

Finance WealthBuilding Canada Coffee Reels

09/10/2026

A sudden injury can stop your income—but your bills don’t stop.
Disability Insurance can help replace lost income and protect your savings
while you’re unable to work.
Want to know how it works in Canada? Comment “INFO” 👇

IndianCanadians

09/08/2026

09/06/2026

For some young and healthy couples, life insurance coverage may be possible
for around $1/day. Getting covered while you’re healthy can help protect your
family and secure future insurability.Comment “FAMILY” to learn more.

FinancialSecurity CanadianFamilies