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TAX TIPS AND FAMILY BENEFIT PROGRAMS

Feb 16, 2022

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Filed Your Taxes? Start Investing and Grow Your Wealth
Claim More in 2024: Tax Deductions for Families
Incorporation 101: Is It Right for You?
Is an RRSP Contribution Right for You in 2025?
Festive Finances: Plan a Joyful and Affordable Season

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betterplanninggroup

Finance Simplified || #financesimplified
Helping businesses & families succeed financially
Multi-Award Winning Financial Practice.

How long should you stay in your home before selli

How long should you stay in your home before selling?

If you’re working with a 4% mortgage rate, the sweet spot is typically 5 to 7 years.

Here’s why:

Early mortgage payments mostly cover interest, not equity

Realtor commissions and closing costs reduce your net proceeds

Home appreciation takes time to build value

Selling too soon could mean walking away with less than you invested—or even at a loss.

If you're thinking about buying or selling, let's look at the numbers and make sure the timing works for you.

Save this post for later or share it with someone who’s planning their next move.

@betterplanninggroup
#FinanceSimplified

#RealEstateTips #HomeBuying101 #FinancialPlanning #MortgageAdvice #RealEstateCanada #HomeOwnership #SellSmart #BreakEvenPoint #WealthBuilding #FirstTimeHomeBuyer

Canada’s tax system is progressive and once you

Canada’s tax system is progressive and once you start earning above $50,000, your tax rate increases and you start to lose valuable government benefits (like GST/HST credits, Trillium, CWB).

That’s why a person making $42,000 can sometimes take home the same net income as someone making $65,000!

Want to optimize your income, reduce taxes, and increase cash flow?
Connect @betterplanninggroup
#FinanceSimplified

#TaxPlanning #OntarioTaxes #CanadianMoney #BetterPlanning #FinancialCoach #WealthTips

Think creators make easy money? Think again. We b

Think creators make easy money? Think again.

We broke down how much small creators actually earn on YouTube, Instagram, and TikTok and the numbers might surprise you.

Take this quiz, then check the final slide for the answers.

@betterplanninggroup
#FinanceSimplified

Source: business insider/influencer marketing hub

#CreatorEconomy #SocialMediaIncome #YouTubeMoney #TikTokEarnings #InstagramInfluencer #ContentCreators #SideHustleTips #MicroInfluencer

The bull market doesn’t wait for permission, it

The bull market doesn’t wait for permission, it rewards those who prepare, not those who react.

If you're sitting on the sidelines waiting for a perfect signal, you might already be missing it. Now is the time to review your strategy, rebalance your portfolio, and position for growth.

Let's make sure you're ready for what's coming, not just hoping to catch up when it arrives.

@betterplanninggroup
#financesimplified

#BullMarket #WealthBuilding #SmartInvesting #FinancialPlanning #MarketOpportunities #BetterPlanning

As artificial intelligence grows, it’s emotional

As artificial intelligence grows, it’s emotional intelligence that will set us apart. In a world racing for speed and efficiency, never underestimate the power of empathy, connection, and understanding.

@betterplanninggroup
#financesimplified

#EmotionalIntelligence #Leadership #FutureReady

Same car. Same price. Totally different cost. Al

Same car.
Same price.
Totally different cost.

Alex (score: 780) is 😎
Taylor (score: 620) is coughing up $8,000 more in interest.
All because of credit.

Don’t let bad credit make your life more expensive.

@betterplanninggroup
#FinanceSimplified

#CreditTrap #CarLoanTruth #FinancialFreedom #BetterPlanning #FixYourCredit #MoneyTalks

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Our Services

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Education Centre

betterplanninggroup

Finance Simplified || #financesimplified
Helping businesses & families succeed financially
Multi-Award Winning Financial Practice.

How long should you stay in your home before selli

How long should you stay in your home before selling?

If you’re working with a 4% mortgage rate, the sweet spot is typically 5 to 7 years.

Here’s why:

Early mortgage payments mostly cover interest, not equity

Realtor commissions and closing costs reduce your net proceeds

Home appreciation takes time to build value

Selling too soon could mean walking away with less than you invested—or even at a loss.

If you're thinking about buying or selling, let's look at the numbers and make sure the timing works for you.

Save this post for later or share it with someone who’s planning their next move.

@betterplanninggroup
#FinanceSimplified

#RealEstateTips #HomeBuying101 #FinancialPlanning #MortgageAdvice #RealEstateCanada #HomeOwnership #SellSmart #BreakEvenPoint #WealthBuilding #FirstTimeHomeBuyer

Canada’s tax system is progressive and once you

Canada’s tax system is progressive and once you start earning above $50,000, your tax rate increases and you start to lose valuable government benefits (like GST/HST credits, Trillium, CWB).

That’s why a person making $42,000 can sometimes take home the same net income as someone making $65,000!

Want to optimize your income, reduce taxes, and increase cash flow?
Connect @betterplanninggroup
#FinanceSimplified

#TaxPlanning #OntarioTaxes #CanadianMoney #BetterPlanning #FinancialCoach #WealthTips

Think creators make easy money? Think again. We b

Think creators make easy money? Think again.

We broke down how much small creators actually earn on YouTube, Instagram, and TikTok and the numbers might surprise you.

Take this quiz, then check the final slide for the answers.

@betterplanninggroup
#FinanceSimplified

Source: business insider/influencer marketing hub

#CreatorEconomy #SocialMediaIncome #YouTubeMoney #TikTokEarnings #InstagramInfluencer #ContentCreators #SideHustleTips #MicroInfluencer

The bull market doesn’t wait for permission, it

The bull market doesn’t wait for permission, it rewards those who prepare, not those who react.

If you're sitting on the sidelines waiting for a perfect signal, you might already be missing it. Now is the time to review your strategy, rebalance your portfolio, and position for growth.

Let's make sure you're ready for what's coming, not just hoping to catch up when it arrives.

@betterplanninggroup
#financesimplified

#BullMarket #WealthBuilding #SmartInvesting #FinancialPlanning #MarketOpportunities #BetterPlanning

As artificial intelligence grows, it’s emotional

As artificial intelligence grows, it’s emotional intelligence that will set us apart. In a world racing for speed and efficiency, never underestimate the power of empathy, connection, and understanding.

@betterplanninggroup
#financesimplified

#EmotionalIntelligence #Leadership #FutureReady

Same car. Same price. Totally different cost. Al

Same car.
Same price.
Totally different cost.

Alex (score: 780) is 😎
Taylor (score: 620) is coughing up $8,000 more in interest.
All because of credit.

Don’t let bad credit make your life more expensive.

@betterplanninggroup
#FinanceSimplified

#CreditTrap #CarLoanTruth #FinancialFreedom #BetterPlanning #FixYourCredit #MoneyTalks

Happy Birthday to the one and only Fitzallen Sutto

Happy Birthday to the one and only Fitzallen Sutton!

Wishing you a year filled with big wins, bold moves, and nothing but good vibes. Keep shining, Fitz! 💫

#HappyBirthday #FitzallenSutton #LevelUp #CelebrationTime

It’s NOT about timing the market... It’s about

It’s NOT about timing the market... It’s about time IN the market that counts! Tariffs, inflation, and volatility may shake things up, but history shows that long-term investors win. Over 20 years, the S&P 500 has never had a negative return. Stay the course, stay invested!

@betterplanninggroup
#FinanceSimplified

(Source: NYU Stern, S&P 500 historical data)

Disclaimer
The following information is being presented on the understanding that it is intended for information purposes only.
No one should act upon the examples/information without a thorough examination of the legal/tax situation with the appropriate professional advisors.

#InvestSmart #StockMarket #WealthBuilding #TimeInTheMarket #Tariffs #MarketTrends

Tax Paying vs. Tax Planning – Know the Differenc

Tax Paying vs. Tax Planning – Know the Difference!

Most people scramble in April to figure out what they owe or what they’re getting back, that’s Tax Paying Season. But smart money moves happen before then.

Tax Planning Season is year-round, giving you the power to:

✅ Lower your tax bill
✅ Keep more of your hard-earned money
✅ Use CRA-approved strategies to your advantage

A tax refund isn’t a bonus, it’s your money coming back when it could’ve been growing for you all year.

Plan smarter. Pay less.

Connect @betterplanninggroup to receive our tax planning guide

#FinanceSimplified

#TaxPlanning #FinancialFreedom #SmartMoneyMoves #TaxSeason #FinanceTips

Who Pays for What at a Wedding? From the dress to

Who Pays for What at a Wedding?

From the dress to the DJ, here's how costs are traditionally split, but remember, every couple can make it their own!

@betterplanninggroup
#financesimplified

#WeddingBudget #BigDayPlanning #BetterPlanningGroup

Your 2025 financial goals aren’t out of reach, y

Your 2025 financial goals aren’t out of reach, you just need the right plan.
Connect with Better Planning Group, and let's get you back on track!

@betterplanninggroup
#FinanceSimplified

#MoneyMoves #BetterPlanningGroup

Tariff-driven market volatility can be unsettling,

Tariff-driven market volatility can be unsettling, but smart investing is about strategy, not panic.

🔹 DO: Stay patient & stick to your plan
🔹 DON’T: Let short-term noise derail long-term growth

Uncertainty is part of the game, how you respond makes all the difference.

Follow @betterplanninggroup for more insights!
#financesimplified

How did you do on the quiz? 🌟 8+ correct – Y

How did you do on the quiz?

🌟 8+ correct – You’re a pro!
👏🏾 7 correct – Nice work!

19% nailed it, but 4 in 10 got stumped.

True or False: Can you beat the odds? Comment your score and tag a friend to challenge them!

@betterplanninggroup
#FinanceSimplified

#QuizChallenge #TestYourself"

6 Essential Canadian Tax Deductions & Credits You

6 Essential Canadian Tax Deductions & Credits You NEED to Know!

Maximize your refund & keep more money in your pocket! Watch the video to learn how, and DM us for the full list!

@betterplanninggroup
#FinanceSimplified

#TaxTips #CanadaTax #MaximizeYourRefund #SmartMoneyMoves #BetterPlanning

Investing = Building a Championship Team Superst

Investing = Building a Championship Team

Superstars like Steph & Shai shine when markets are hot. But even the best have off nights--just like markets dip.

That’s when your Draymonds & Jrues (bonds & dividends) step up, keeping things steady.

Stars win games. Teams win championships. Balanced portfolios stand the test of time.

Is your portfolio built to win in all conditions? Let’s talk @betterplanninggroup #financesimplified

#SmartInvesting #AssetAllocation #WealthBuilding #FinancialPlanning

Investing is more than just picking products; it's

Investing is more than just picking products; it's about building a strategy tailored to your goals. A Certified Financial Planner (CFP) brings expertise, a holistic approach, and a long-term perspective to help you navigate life’s financial decisions.

The right advice can be the difference between uncertainty and confidence. Don't just invest, plan for success!

@mackenzieinvest
@betterplanninggroup
#FinanceSimplified

#FinancialPlanning #CFP #InvestSmart #ValueOfAdvice"

We wanted to take a moment to reintroduce ourselve

We wanted to take a moment to reintroduce ourselves and express our gratitude to YOU, our amazing followers, and everyone who has taken the time to comment or message us directly. Your feedback has been incredible!

This page was created with YOU in mind, designed to share practical and straightforward financial advice to help you navigate your financial journey.

At The Better Planning Group, we’re dedicated to providing accessible and unbiased financial guidance that empowers you to plan for a brighter future.

Got questions, comments, or ideas for topics you'd like to see us cover? Don’t hesitate to reach out, we’d love to hear from you!

And as always…

Follow @betterplanninggroup for more tips on simplifying your finances and planning your future.

#FinanceSimplified

Kids are the ultimate negotiators! Watch how a li

Kids are the ultimate negotiators! Watch how a little one masters the art of negotiation with emotional connection, valuable lessons for us all.

#NegotiationSkills #emotionalintelligence #ProfessionalGrowth #LifeLessons

Business owners in Canada, paying yourself isn’t

Business owners in Canada, paying yourself isn’t as simple as it sounds! Whether it’s salary or dividends, the right choice could save you thousands!

In this reel, we break down the key differences between the two options and how they impact your taxes, CPP, and long-term financial success.

Don’t leave your hard-earned money to chance, get expert advice to make sure every dollar works for you!

#TaxTips #BusinessOwners #SalaryVsDividends #FinancialPlanning #CanadianTaxes #BusinessSuccess #CPP #TaxStrategy #EntrepreneurTips #MoneyMatters #FinancialFreedom

2025 Goals: Start with the Life You Want! As we p

2025 Goals: Start with the Life You Want!

As we plan for 2025, dreaming of growing our businesses, earning more, and achieving big things, let’s take a moment to flip the focus.

Instead of starting with what you want to achieve, think about how you want to live.

Do you want more freedom? Time with loved ones? Less stress? The life you envision should guide your goals, not the other way around. When your plans align with your ideal lifestyle, success feels more meaningful.

Let 2025 be the year you build a life you value, not just a career you’re proud of.

#2025Vision #LifeFirst #AlignedGoals #PurposeDrivenSuccess #LiveTheLifeYouWant

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® The Better Planning Group Inc.