Links Worth Sharing: Week of July 7, 2018

Jul 7 | Household Tips, Links Worth Sharing

I’d love to know what you guys have been up to this summer so far. Please let me know in the comments!

Here are the interesting links I came across on my travels around the web this week!  Enjoy and have a great weekend!

Here are some posts that you may have missed from Simply Frugal:

PAW Patrol on A Roll Marshall Toy Vehicle with Action Figure only $10

Jul 6 | Canada Deals

Walmart Canada’s Summer Saving Event is on now! Among the deals, you find the PAW Patrol on A Roll Marshall Toy Vehicle with Action Figure on sale for just $10! (reg. $19.94.) Here are some details:

  • This pup and vehicle combination is loaded with transforming action!
  • With his extending fire ladder and real working wheels, Marshall can race to the rescue.
  • Get fired up with Marshall as you listen to real sound effects and phrases straight from the PAW Patrol TV show!
  • Learn all about adventure, bravery and teamwork as you rush to the ruff-ruff rescue.
  • Together, your child’s imagination will be lit up fun and incredible adventures! Because no job is too big and no pup is too small with On-A-Roll Marshall and his Firetruck!

Shop online at Walmart Canada here.

See all of the Summer Savings Event deals here.

Fruit of the Loom Women’s 6 Pack No Show Socks only $9.99

Jul 6 | Canada Deals

Need summer socks? Look no further than this 6 pack of Fruit of the Loom Women’s No Show Socks that is only $9.99 from Amazon.ca. Here are some details:

  • 98% Polyester/2% Spandex
  • Pull On closure
  • Machine Wash
  • Engineered arch support.
  • Flat knit construction reduces bulk and ensures a snug, lightweight fit.
  • Made from ultra soft yarns.
  • 6 pairs per package

Shop online at Amazon.ca here. 

Or, check out this 6 pack of New Balance Lifestyle No Show Socks that is only $13.78.

New Printable Coupons for Tide, Downy, Gain, Bounce and Ivory Snow

Jul 6 | Coupons, Printable Coupons

The Simply Frugal SmartSource printable coupon page has been updated with new coupons!

  • Save $3.00 when you buy any two Tide, Gain, Downy, Bounce or Ivory Snow Products
  • Save $2.00 when you buy any one Tide Pods, Gain flings!, Gain Botanique or Tide purclean Product
  • Save $1.00 when you buy any one Tide, Gain, Downy, Bounce or Ivory Snow Product

To get these coupons, search for the brand “Fabric Care”.

Print your coupons from SmartSource here.

Limit 2 prints per coupon.

How to Choose the Right Retirement Savings Account

Jul 6 | Money Saving Tips, Budgeting, Frugal Living

This post is a sponsored post by Sun Life Financial written By Brenda Spiering. See my disclosure policy here.

Saving for retirement is likely one of your top financial priorities. But did you know that how you save can be nearly as important as how much you save?  Choosing the right retirement savings account can have a huge impact both on how much money you save and how much tax you pay. So, how do you choose the best type of account?

How to choose the right retirement savings account

Here is how to choose the best type of savings account for retirement in Canada. #retirement #canada #rrsp #tfsa #retirementsavings

 When to choose an RRSP

When it comes to saving for retirement, RRSPs (Registered Retirement Savings Plans) are pretty hard to beat. Contributions are tax-deductible, investments grow on a tax-free basis within the plan, and RRSP  funds aren’t subject to tax till they’re withdrawn from the plan.

If you expect your current income is going to be greater than your income in retirement, an RRSP is a great option. It will provide you with a tax deduction that can help reduce your current income taxes. Plus, if you’re in a lower tax bracket when you draw the money out, it can help reduce the overall amount of income tax you pay.

When to choose a TFSA

TFSAs (Tax-Free Savings Accounts) are a great retirement savings account option if you’ve maxed out your RRSP. While you won’t get to claim your contributions as a tax deduction, the investment growth is tax-sheltered and there’s no tax payable on withdrawals.

The fact that withdrawals from a TFSA are not subject to income tax also provides an advantage if you expect your income in retirement to be greater than your current income, since TFSA withdrawals do not reduce income-tested benefits like old age security benefits. Also, unlike RRSPs that you can no longer contribute to after Dec. 31 of the year in which you turn age 71 (or, in the case of a spousal RRSP, the year in which your spouse turns age 71), you can continue to contribute to a TFSA as long as you wish.

How much can you contribute?

Both RRSPs and TFSAs have contribution limits. In the case of RRSPs, you can contribute up to 18% of your previous year’s earned income up to the maximum limit set each year by the Canada Revenue Agency (CRA) ($26,230 for 2018), plus any unused contribution room carried forward from prior years.

Since 2016, the annual maximum contribution limit for TFSAs has been $5,500, however, you can also contribute for any past years in which you didn’t contribute, back to 2009 when TFSAs were first introduced. If you’ve never contributed before, you’re currently eligible to contribute a maximum of $57,500.

A great way to determine how much you need to save for retirement is to use a Retirement Savings Calculator. It can help you set an annual savings goal based on your current age, expected retirement age and desired income in retirement. Plus, it can show you the impact of contributing to different types of retirement savings accounts.

To learn more about smart ways to save for retirement, sign up for the Sun Life Saving for Retirement email series.

Swagbucks: The July Swago Board is Here

Jul 6 | Freebies

The digital rewards site Swagbucks is offering big payouts during on their July Swago Board, which runs from July 9th through July 16th at 9am PT! Swago is just like bingo, but in this case you’re filling out squares as you earn points on their site for doing things you already do online. If you’re thinking of trying Swagbucks, this is a great chance to learn all about how the site works and earn bonus points while doing it, meaning you can get more gift cards faster. Here are a few tips:

  • Each square on your Swago Board will contain an action item to complete. They can be anything from getting a search win, completing a survey, or just visiting one of our popular stores!
  • Once you complete the action item in a particular square the square will change color signifying the action item is complete.
  • You have until 12pm PT/3pm ET on Monday, July 16th to mark off as many squares as possible so use your time wisely.
  • Be mindful of the patterns and their corresponding bonuses located on the right of your Swago Board. The patterns will vary in difficulty and bonus value. Once you’ve achieved a pattern, the corresponding “Submit” button will light up. You can have multiple patterns available for submission, however, you can only submit ONE pattern so choose wisely.
  • Each activity you successfully complete on your Swago Board will give you anywhere from 1-20 spins on the Spin & Win Wheel. PLUS, when you submit your board for a bonus you’ll get additional spins. The number of spins will depend on the pattern you complete. The wheel has all sorts of great prizes that you can win, and each spin is a winner!

The Spin & Win Wheel will be available all throughout Swago and you have until 11:59pm PT on Monday, July 16th to use all your spins.

Fill up your board and then submit your pattern to get even more points – if you can fill in the whole board, you get a 500 SB bonus, which is enough for a $5 gift card from the retailer of your choice.

Click here right now and click “Join” to get started! If you don’t already have a Swagbucks account, you’ll be able to quickly sign up; PLUS, if you earn 300 SB before the first of August, you’ll get a bonus 300 SB!

(Note: The links in this post are affiliate links. Read the disclosure policy here.)

Summer Infant Pop ‘N Play Ultimate Playard 42% off

Jul 5 | Canada Deals

Time to put your Prime membership to use! If you are a Prime member, you can get a great deal on the Summer Infant Pop ‘N Play Ultimate Playard from Amazon.ca. It’s on sale for $69.99, regular $119.99. Here are some details:

  • 14 Square-Feet (1.3 Square m), 48-Inch ( 121.9 cm) wide and stands 26-Inch (66.04cm ) tall
  • Freestanding and portable for use inside or outdoors, includes removable canopy to protect against harmful UVA and UVB rays
  • Lightweight (12 lbs) folding metal frame comes fully assembled and unfolds in seconds, includes travel bag with strap for easy portability
  • Mesh sides for easy visibility and weather resistant canvas floor for use indoors and outdoors
  • For children 6 months, 24 months; up to 35-Inch tall

Shop online at Amazon.ca here.