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Olympic and RRSP Random Thoughts

in Random Thoughts, Sports

Olympic and RRSP Random Thoughts

Given most Canadians are caught up in the excitement of the Vancouver Olympics, they hopefully will not forget that it is almost the end of RRSP season and you have until midnight March 1st to make that contribution to count on your current Income Tax submission. Given the lack of activity in most banks, I think most Canadians are more worried about Canada beating Slovakia in Hockey, or whether our Curling teams can bring home Gold (but we can forgive folks, after all there is nothing more Canadian than Hockey and Curling).

After all the excitement of hosting yet another Carnival and having my first ever give-away, let’s see what other Personal Finance Bloggers might have had to say this week:

  • Michael James keeps with the Olympics feelings, telling investors to “…not grip your stick too tight…” in Investing Lessons from Hockey, oh and I think he also says, Always keep your stick on the ice.
  • For all those Hockey Moms and Dads, the Canadian Capitalist points out that Tim Hortons Brews and Expensive DRIP and SPP, strange that they wouldn’t know how to DRiP? They couldn’t be using Instant Coffee could they?
  • Million Dollar Journey takes a more financial angle with 5 ways to Reduce Financial Clutter which has some good ideas for those Financial Hoarders out there.
  • The Task Force on Financial Literacy published a report this week entitled Leveraging Excellence writes Larry MacDonald, but is the task force made up of the right folks? I don’t know, no one asked me for my input.
  • Preet at WheredoesAllMyMoneygo.com’s career as a Financial Talking Head took a minor setback this week when his Lang and O’Leary exchange interview was cancelled. Hopefully you will see Preet’s smiling face on your TV somewhere else soon (he is well worth listening too).
  • Gail Vaz-Oxlade asks, Who are you trying to Impress? and my answer is, no one really. I gave up trying to impress folks once my age passed my waste size.

Go Canada! and remember RRSP season is almost over.

{ 7 comments }

  • Veta Depina February 27, 2010, 3:16 AM

    People, i really have to say that i looked at a couple of awesome encounters the past days. But i have to comment that it isnt said those guys with the leafs will win easy from the USA. Once again Canada had some good luck today from Slovakia. The US will win sunday with 3-1! Just a word: Hey Crosby! Grow a smile on your face once in a while!

    Reply
  • larry macdonald February 26, 2010, 1:18 PM

    Big Cajun guy: So what is your input on the Task Force on Financial Literacy?

    Reply
    • bigcajunman February 26, 2010, 1:49 PM

      Fear debt, there is no such thing as good debt, only debt. You cannot live your parents’ lifestyle until you reach your parents’ age. Money is a tool to get the things you enjoy, but you must work to appreciate those things. All children should be forced to take a Home Personal Finance course (or literacy test) before they graduate High School (we don’t let kids graduate who are illiterate, why do we allow them to graduate if they are financially illiterate ).

      Good start? 🙂

      Reply
  • Canadian Capitalist February 26, 2010, 1:09 PM

    And also “keep your stick on the ice”. Thanks for the mention and Go Canada! Go!

    Reply
  • WhereDoesAllMyMoneyGo.com February 26, 2010, 10:33 AM

    Thanks for the mention. I reserve the right to delete this comment. I’ll let you know.

    Reply
  • 4P February 26, 2010, 8:14 AM

    Thanks! Unfortunately, I don’t have any copies to giveaway.

    Reply
  • Michael James February 26, 2010, 6:50 AM

    Don’t forget “hold your stick at the right end”. Thanks for the mention.

    Reply

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