Shie Loves Finance

In this video, I’ll share 5 simple but powerful things you can start doing today para magkaroon ka ng peace of mind sa finances mo. Whether you're just starting out or gusto mo lang ayusin ang daloy ng pera mo, this is for you!===================================🔥 Don’t forget to subscribe and hit the bell for more videos on financial planning, and all things related to mindset and personal finance in Canada!DISCLAIMER: **All content on this channel is for educational purpose only and is not a financial advice**===================================Connect with me through any of my social accounts listed below.I’d love to support you on your journey!===================================Facebook: https://www.facebook.com/shielacabucol/TikTok: https://www.tiktok.com/@shielovesfinance Instagram: https://www.instagram.com/shiela.cabucol/ LinkedIn: https://www.linkedin.com/in/shiela-cabucol-a04544230/

Understanding the Canadian Pension Plan (CPP) link:https://youtu.be/QiNemuH-O4oIn this video, we're breaking down exactly how the Guaranteed Income Supplement (GIS) works — what it is, who qualifies, how much you can get, and how to apply. Whether you're planning for retirement or already receiving Old Age Security, understanding GIS can make a huge difference to your monthly income. Stick around to learn how you might be eligible for extra, tax-free monthly payments from the government.===================================🔥 Don’t forget to subscribe and hit the bell for more videos on financial planning, saving for college, and all things related to personal finance in Canada!💬 Comment below if you have any questions or want more information on how to start an RESP for your family’s future!DISCLAIMER: **All content on this channel is for educational purpose only and is not a financial advice**===================================Connect with me through any of my social accounts listed below.I’d love to support you on your journey!===================================Facebook: https://www.facebook.com/shielacabucol/TikTok: https://www.tiktok.com/@shielovesfinance Instagram: https://www.instagram.com/shiela.cabucol/ LinkedIn: https://www.linkedin.com/in/shiela-cabucol-a04544230/

Understanding OAS (Old Age Security) - PART 1 https://www.youtube.com/watch?v=jZMcvHp7GLsPhilippines/Canada Agreement: https://tinyurl.com/4b23yannIn this second part of our OAS video, you’ll find out what happens to your OAS if you want to retire in the Philippines. You’ll learn that through a social security agreement between countries, you might still get a partial OAS even if you haven’t lived in Canada for 20 years.I’ll also explain how the OAS recovery tax, also called the OAS clawback, works—and what you can do to avoid it or pay less of it.Lastly, I’ll talk about whether you should start your OAS at age 65 or wait a bit longer, and the reasons why you might choose one or the other.===================================🔥 Don’t forget to subscribe and hit the bell for more videos on financial planning, saving for college, and all things related to personal finance in Canada!💬 Comment below if you have any questions about this important government benefit or if you want to personally work with me to optimize your insurance and investments here in Canada.DISCLAIMER: **All content on this channel is for educational purpose only and is not a financial advice**===================================Connect with me through any of my social accounts listed below.I’d love to support you on your journey!===================================Facebook: https://www.facebook.com/shielacabucol/TikTok: https://www.tiktok.com/@shielovesfinance Instagram: https://www.instagram.com/shiela.cabucol/ LinkedIn: https://www.linkedin.com/in/shiela-cabucol-a04544230/

In this video, you'll understand what OAS (Old Age Security) is and how it works here in Canada. I’ll explain the eligibility requirements for OAS, even if you're a Temporary Foreign Worker (TFW) right now. You’ll also learn what factors determine your benefit, how to figure out how much you’ll receive, and what happens to your OAS when you die.===================================🔥 Don’t forget to subscribe and hit the bell for more videos on financial planning, saving for college, and all things related to personal finance in Canada!💬 Comment below if you have any questions about this important government benefit or if you want to personally work with me to optimize your insurance and investments here in Canada.DISCLAIMER: **All content on this channel is for educational purpose only and is not a financial advice**===================================Connect with me through any of my social accounts listed below.I’d love to support you on your journey!===================================Facebook: https://www.facebook.com/shielacabucol/TikTok: https://www.tiktok.com/@shielovesfinance Instagram: https://www.instagram.com/shiela.cabucol/ LinkedIn: https://www.linkedin.com/in/shiela-cabucol-a04544230/

In the second part of our video on the Canada Pension Plan (CPP), we’ll dive into important topics that could affect your retirement planning. We’ll explore: • Why you might want to consider starting your CPP earlier than expected • What happens to your CPP if you choose to retire abroad, specifically in the Philippines • Whether you’re entitled to CPP benefits as a temporary foreign worker • What happens to your CPP if you pass awayJoin me as I break down these key insights to help you make informed decisions about your CPP and your future.

In the first part of our video on the Canada Pension Plan (CPP), we’ll cover the basics: What CPP is, how it works, and the factors that affect your benefits. We’ll explain who needs to contribute and how those contributions add up over time. We’ll also go over the eligibility requirements so you’ll know when you can start receiving benefits. Plus, we’ll discuss what happens if you choose to take your CPP early or later. This section will give you a clear understanding of CPP and how it impacts your retirement planning.

Starting a business in Canada is more than just a career choice—it’s about building something meaningful. It’s a powerful step toward freedom, success, and financial security. It puts you in the driver’s seat, allowing you to take control of your time, decisions, and future while developing valuable skills that will serve you for life.Beyond personal and professional growth, the financial rewards are significant. Business owners can take advantage of tax deductions on home office expenses, travel, marketing, and many other write-offs—keeping more money in their pockets and allowing them to reinvest in their business. Whether you’re chasing a passion, solving a problem, or simply seeking more freedom, starting your own business gives you the opportunity, flexibility, and financial edge to thrive here in Canada.

Thinking of getting life insurance? 🤔 Don’t fall for these common traps! 🚨 In this video, I share the 5 biggest red flags to watch out for before buying life insurance in Canada. I’ve been there, and I don’t want you to make the same mistakes! Learn how to protect yourself and make informed decisions. 💡💰

Tax season na naman! Problemado kana naman dahil baka magbayad ka naman ng malaking tax this year. Panoorin mo itong video na ito para maintindihan mo kung paano ba talaga napapaba ang taxes mo just by using RRSP na pwede pang makatulong sa iyong retirement money in the future. Sa video na ito ay paguusapan natin ang mga common misconceptions ng Pilipino pagdating sa usaping RRSP. Paguusapan din natin dito how you can get a big tax break by using an RRSP loan, and how an RRSP can help you save for your first home through the Home Buyers' Plan.

Let’s clear up the common myths about life insurance that are holding many Filipinos in Canada back from securing their financial future. From the misconception that life insurance is only for older people to the belief that employer-provided coverage is enough, we’re here to set the record straight. Life insurance is important for everyone—no matter your age, health, or stage in life.In this video, we’ll explain why life insurance matters, how to pick the right policy based on your goals, needs, and budget, and why you shouldn’t rely only on your employer’s coverage. You’ll also discover how life insurance can be an effective tool for generational wealth-building and protecting your loved ones’ financial well-being.Don’t miss out on valuable insights that could change the way you think about life insurance. Subscribe now and join our community committed to improving financial literacy and empowerment for Filipinos in Canada. Take control of your financial future and protect your legacy today!

In this video, we break down everything you need to know about the Registered Education Savings Plan (RESP) in Canada. Whether you're saving for your child's future education or want to learn about RESP benefits, government grants, and how to get free money for post-secondary education, this guide is for you!We’ll cover: • What is RESP and how can your child benefit from it? • RESP government grants (like the Canada Education Savings Grant - CESG) • Additional grants in RESP, Canada Learning Bond • What to do when you’re ready to access RESP funds for your child’s post-secondary education • How to maximize RESP contributions and make your investment grow faster • Which types of RESP plans to avoid • What happens if your child decides not to pursue post-secondary education➡️ What is an RESP?An RESP is a tax-deferred investment account designed to help you save for your child’s education after high school. We’ll cover all the key aspects like contribution limits, grant eligibility, and how to get started.➡️ Why Should You Open an RESP?We explain the Canada Education Savings Grant (CESG), matching contributions, and how this government program helps you grow your savings faster. Find out how to maximize RESP contributions and take full advantage of the Canada Learning Bond (CLB).➡️ RESP WithdrawalsWondering how to access your funds? We discuss how and when you can make RESP withdrawals for tuition, books, living expenses, and more, including the rules for tax-free

The First Home Savings Account (FHSA) is a valuable financial tool introduced in Canada to help first-time homebuyers achieve their goal of homeownership. It combines the features of a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP) to maximize tax advantages and encourage effective savings. This innovative account addresses the financial challenges many Canadians face when saving for their first home.In this video, I’ll break down everything you need to know about the FHSA in a simple and clear way, so you can fully understand and take advantage of this fantastic opportunity to save for your future home.If you're looking for a more personalized advice on whether this account is right for you, tips to maximize the benefits of other registered accounts in Canada, or even a second opinion on your financial plans, don’t hesitate to reach out! My service is free. My goal is to simplify everything for you in a language na maiintindihan mo so you can be more empowered to achieve your goals here in Canada. Connect with me through any of my social accounts listed below. I’d love to support you on your journey!Please follow me on my accounts: Facebook: https://www.facebook.com/shielacabucol/TikTok: https://www.tiktok.com/@shielovesfinance Instagram: https://www.instagram.com/shiela.cabucol/ LinkedIn: https://www.linkedin.com/in/shiela-cabucol-a04544230/

This video is the continuation of our RRSP (Registered Retirement Savings Plan) series. How do taxes work in Canada? And is an RRSP the right choice for you? There’s a lot to know about this powerful financial tool, and by the end of this video, you'll have a clear understanding of how an RRSP works, how it can help you save on taxes today, and how it can also be a valuable way to invest for your future. Whether you're new to the concept or looking to maximize your RRSP, this video will give you the confidence to make informed decisions about your financial planning.

Today, let's talk about the RRSP (Registered Retirement Savings Plan). How do taxes work in Canada? And is an RRSP the right choice for you? There’s a lot to know about this powerful financial tool, and by the end of this video, you'll have a clear understanding of how an RRSP works, how it can help you save on taxes today, and how it can also be a valuable way to invest for your future. Whether you're new to the concept or looking to maximize your RRSP, this video will give you the confidence to make informed decisions about your financial planning.

By avoiding these common mistakes, you can maximize the benefits of your TFSA, allowing your savings and investments to grow tax-free over the long term. Keeping track of your contributions, diversifying your investments, and using the TFSA for its intended purpose of long-term growth are key strategies for success. If you’re ready to take control of your finances and make your money work for you—tax-free—then hit that play button and let’s dive in!

A Tax-Free Savings Account (TFSA) is your ultimate financial tool for building wealth—whether you’re saving for retirement, a big purchase, or simply looking to earn more from your investments. In this video, we’ll break down how the TFSA works, its amazing benefits, and why it should be a cornerstone of your financial strategy. From tax-free investment growth to the ability to withdraw your money anytime without penalties, a TFSA offers flexibility and growth potential that can help you reach your financial goals faster. We’ll cover: ·         What is a TFSA? The basics you need to know ·         How does tax-free growth work? How your investments can grow without being taxed ·         Contribution limits & rules—How much can you contribute, and what happens if you over-contribute? ·         The best strategies for using your TFSA to maximize returns ·         Common mistakes to avoid when using your TFSA If you’re ready to take control of your finances and make your money work for you—tax-free—then hit that play button and let’s dive in!

Mahalaga na maintindihan mo kung ang mga benefits at advantages ng mga CRA approved registered accounts dito sa Canada para sa tamang pagmamanage ng pera base sa mga short-term and long-term goals mo. Ang mga accounts na ito ay nagbibigay ng kanya kanyang advantages pagdating sa taxes, flexibility, at mga pagooptimize ng iyong pera para mas Madali mong maabot ang iyong mga financial goals.

Mahirap makaipon kapag hindi maganda ang iyong indset pagdating sa pera dahil ang pananaw at saloobin mo ay malaki ang epekto sa iyong mga desisyon sa iyong finances. Kung wala kang tiwala sa iyong kakayahan na amahalaan ang pera, madali kang madala sa mga impulsive na desisyon, na nagiging sanhi ng pagkakaroon ng utang at kakulangan sa ipon. Kaya mahalaga ang pagkakaroon ng positibong mindset at tamang kaalaman tungkol sa pamamahala ng pera upang makapag-ipon ng maayos at matamo ang iyong mga financial goals dito sa Canada.

Sa Canada, kung saan palaging nagbabago ang mga oportunidad at ang ekonomiya, napakaimportante talaga na maintindihan mo ang halaga ng financial planning. Kapag mayroon kang maayos na financial plan, mas madali mong haharapin ang mga hindi inaasahang pagsubok pagdating sa iyong finances. Kung ilalaan mo ang oras at effort sa magandang financial planning, parang nag-iinvest ka para sa sarili mo at sa iyong kinabukasan. Pinapangalagaan nito ang iyong kasalukuyan habang naghahanda para sa mga susunod na henerasyon. Sa ganitong pagiisip, mas madali kang umunlad sa mabilis na nagbabagong mundo ng ekonomiya, at siguradong ikaw at ang iyong pamilya ay magiging financially secure at handa sa kahit anong hamon na darating dito sa Canada.

Bago ka kumuha ng insurance sa Canada, napakahalaga na magkaroon ka ng tamang kaalaman tungkol dito. Ang pag-unawa sa mga uri ng insurance, coverage, premiums, at proseso ng pag-claim ay makakatulong sa iyo na makuha ang proteksyon na talagang akma sa iyong pangangailangan. Kung hindi ka mag-iingat, maaari kang makakuha ng insurance na hindi angkop para sa iyo, na maaaring magdulot ng financial stress sa hinaharap. Kung may nag-aalok sa iyo ng plan na tila sobrang ganda para maging totoo, ito ang oras upang mag-research at magtanong nang mabuti. Isang susi sa tagumpay ay ang pagkakaroon ng magaling na insurance advisor. Ang wastong kaalaman at ang tamang advisor ay magbibigay sa iyo ng kumpiyansa sa iyong mga desisyon at magdadala sa iyo ng financial peace of mind. Sa pamamagitan nito, maiiwasan mo ang mga hindi inaasahang hamon at masisiguro mong nakahanda ka sa anumang sitwasyon.