That said, this tax credit isn’t a big deal for most people, and in some cases it’s better not to convert an RRSP or LIRA to a RRIF or LIF to qualify for the credit. In 2025, the maximum federal tax savings will be $290 (for my calculations, read on). You can save a little […]
Image source: shutterstock.com For couples without children, independence often becomes a defining part of everyday life. But when you rely completely on yourself for income, security and long-term planning, it becomes even more important to protect your lifestyle from unexpected setbacks. Without built-in support systems like adult children or extended family responsibilities, each financial choice […]
Image source: shutterstock.com For many couples without children, having two incomes and fewer financial obligations provides the perfect opportunity to enjoy comfort, convenience and high-quality experiences. But luxury does not equal security, and more and more couples are discovering that an expensive lifestyle can quietly mask financial weaknesses. Without the external pressures of childcare or […]
Image source: shutterstock.com Many dual-income couples work hard to climb the ladder, build financial stability, and create the lifestyle they once dreamed of. But stress from success can quietly transform the relationship in ways couples never expect. What starts as ambition and shared goals can turn into pressure, comparison or emotional distance once the rewards […]
Image source: Shutterstock Credit card debt has long been associated with younger consumers, but today the fastest growing segment of borrowers is the over-50 generation. Seniors and near-retirees have record balances, often with interest rates above 20%. What were once manageable expenses have turned into a financial trap that threatens retirement security. The wave is […]
Designed for mobile phones, it has no transaction limits and supports unlimited transfers for various usage scenarios NPCI Bharat BillPay (NBBL) aims to handle 1 billion monthly transactions over a period of three to four years, MD and CEO Noopur Chaturvedi told reporters today. The company currently processes 260 million transactions per month. NBBL said […]
The following was written by my late wife Elaine. She wrote a long book, actually a diary, from which this is a passage: Harpsichord Dave and I had a long friendship with English friends, Ruth and Ron C., for over thirty years, beginning in Warrenton, Virginia. We met at a party and what seemed to […]
Tamilnad Mercantile Bank (TMB) has announced the rollout of its new Loan Origination System (LOS). The new technology, developed in collaboration with Noida-based Nucleus Software, is aimed at bringing greater speed, accuracy and standardization to the Bank’s credit processing workflow. It will integrate automated controls, digital workflows, assessment uniformity and internal connectivity, allowing TMB to […]
Banks expect stable credit growth and margins and sustainable asset quality, boosting confidence in the sector’s resilience, according to an assessment of the BFSI sector’s performance by the rating agency. | Photo credit: Getty Images According to CareEdge Ratings, the Indian banking sector is poised for stronger performance in the second half (H2) of FY26, […]
The growing participation of women not only supports last-mile outreach but also builds deeper trust in the community Women from disadvantaged backgrounds are becoming key figures in driving financial inclusion in underserved rural markets. Insurers recruit women officers from self-help groups (SHG) and other sections of the rural community to work as ‘Bima Vahaks’. “Many […]