As the year winds down, it's the perfect time to take action and secure your financial future. In this video, we’ll walk you through 4 essential financial moves that you need to make before the year ends. Whether you’re looking to maximize tax savings or boost your investment strategy, these tips will help you finish the year strong!
🔑 What we cover in this video:
1) Contribute to your FHSA – Learn why making the most of your First Home Savings Account can benefit you.
2) Withdraw from your TFSA – Take advantage of your Tax-Free Savings Account before the year ends.
3) Capitalize on capital losses – Find out how you can offset investment losses to reduce your tax bill.
4) Donate to charity – Discover how charitable donations can help you reduce taxes while supporting good causes.
If you're in your 30s to 50s and want to optimize your finances, these strategies are a must. Make sure you take the right steps before it’s too late!
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0:00-0:14 - Introduction
0:14-1:35 - Contribute Into Your FHSA
1:35-2:58 - Withdraw From Your TFSA
2:58-4:33 - Capital Losses From Your Investments
4:33-5:28 - Donate To Save On Taxes
5:28-6:12 - Outro
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