Smith Manoeuvre Wisdom

Financially Smart Divorce

Divorce is never financially smart! As a financial planner, I don’t recommend divorce. It’s bad for your finances! However, you can go through it in the most financially smart way – to leave both of you in the best possible position. We have seen quite a few people go through divorce. We’ve seen some total…

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The 6 Steps to Become Financially Independent

What will it take for you to become financially free?  To have enough money that you never have to work again? This video and podcast episode is my insight into the few key ideas you really need to know.  It’s an overview to give you the big picture of what really works. Some of these…

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Smith Manoeuvre or Smith Maneuver?

Why the two spellings and which is correct? This strategy (which I’m most known for), helps Canadian homeowners make their mortgages tax deductible in a simple way. What’s the proper spelling? Who pioneered this legal strategy? Does it work in Quebec? Can you use it if you live in the United States? All these questions…

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Rempel Maximum – 5 Steps to Becoming a Multi-Millionaire

Remember the show “Who wants to be a millionaire?” Are you the kind of person that wants to build some serious wealth? Live an exceptional life? Be financially free? I don’t mean just a comfortable amount. I mean a lot – like being a multi-millionaire. The truth is, average people can become very wealthy just…

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Tax Planning for Parents

Are you a parent?  If yes – you’re probably paying a lot more tax. Parents are often in higher tax brackets than non parents. This means your planning must be diligently looked at, as it can affect your RRSPs, deductions, and more. I’ve talked about this topic before on my blog, but this is the…

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Smith Manoeuvre – Is Your Mortgage Tax Deductible?

What is the Smith Manoeuvre and how do you do it the right way?The Smith Manoeuvre is a strategy where you borrow against your home to invest for your retirement. It converts your mortgage over time into a tax deductible credit line.To do it the right way, there are three key points:

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