CSR Wealth Management

10/07/2026

Why is a TFSA useful in retirement?

The TFSA is useful in retirement because it's a source of tax-free income, for occasions when a person might need extra money.

Here are some common reasons retirees withdraw funds from their TFSA:
⭐ Travel
⭐ Renovation
⭐ Vehicle
⭐ Cash gift to kids or grandkids
⭐ RESP contributions for grandkids

Unlike the RRSP, a TFSA is not tied to employment income. Any person aged 18 to 100+ can open an account.

Whether you're working toward retirement or already retired, it's not too late to open a TFSA. Let us help! Book a call with Frank from our website or text him at 647-226-8921.

10/06/2026

"What is the best way to pay off credit card debt?"

1. Stop using your credit cards.

2. Choose one of these strategies:

Snowball Method
👉 Pay the minimum balance on each card.
👉 For the card with the lowest balance, pay as much extra as you can until it is at zero.
👉 Repeat until all cards are at zero.

Avalanche Method
👉 Pay the minimum balance on each card.
👉 For the card with the highest interest rate, pay as much extra as you can until it is at zero.
👉 Repeat until all cards are at zero.

The avalanche method will have you paying the least amount in interest, but the snowball method will have you seeing progress more quickly. Choose the one that will motivate you the most.

3. Seek support from family or friends to keep you accountable and motivated.

09/24/2026

RDSPs can build wealth at an incredible rate. If you qualify, find out how.https://zurl.co/wGr2j

If the government matched your savings up to 300%, would you want to know how? A plain-language introduction to RDSP grants, bonds, and who qualifies in.

09/23/2026

I'll be presenting at this free Money Matters event TOMORRROW - Thursday, September 24th from 2-3 PM.

I'll be talking about the Disability Tax Credit (so many people are eligible but don't know it) and the Registered Disability Savings Plan.

If you live in the area Brampton area, consider attending. You can book your spot by calling 905-790-7900.

09/21/2026

Living with a disability can sometimes be an obstacle to someone's financial security. An RDSP (Registered Disability Savings Plan) is a registered saving plan that allows someone to save money over a period of time while the beneficiary receives certain incentives.

This can make a difference as there are many benefits to help your money go further. Here are some of the key benefits of the RDSP.

If you want to learn more please go to our website and book a free call with us.

https://zurl.co/JBtcT

Check out this infographic!

09/17/2026

This benefits wayfinder by P4P Planning Network is an excellent tool for identifying financial resources that people with disabilities might qualify for. We highly recommend checking it out.

If you need help navigating the DTC and RDSP, book a phone call from our website. That's our specialty.

https://zurl.co/W1XeV

Prosper Canada has developed a new tool – the Benefits wayfinder -  to assist Canadians with accessing provincial and federal benefits.  

09/16/2026

I'll be presenting at this free Money Matters event on Thursday, September 24th from 2-3 PM.

I'll be talking about the Disability Tax Credit (so many people are eligible but don't know it) and the Registered Disability Savings Plan.

If you live in the area Brampton area, consider attending. You can book your spot by calling 905-790-7900.

09/14/2026

Henson Trusts are an important consideration if you have someone in your life with a disability.

You can learn more through Partners For Planning.
https://zurl.co/4JcOO

Leonard Henson was a true hero. Like so many of our cherished advocates he was motivated by trying to protect and plan for his daughter with a disability. Today, the Henson Trust goes the extra mile in not only safeguarding ODSP benefits, but secures great flexibility around estate planning.