There is a new series on CBC called the Stats of Life. One episode was very revealing and reviewed the statistics behind three Canadian families. One struggling on an average income, a self-made woman, worth $100 million and a couple […]
We need to re-define balance in our lives. A consistent discussion I have had with people is the concept of actual need versus want. In reviewing cash flows with clients, it leads to some interesting conversations. I am astonished at […]
This past weekend I was able to get away to an annual fishing trip in Muskoka, Ontario. I have been travelling with the same bunch of blokes for many years and the trip has been a tradition for more then […]
I’ve talked in and around the concept of credit card debt many times but I don’t think I ever focused an article on how to identify when credit card debt becomes a problem and what to do about it. I […]
We have been dealing with a few estate transitions in the last few weeks and find that families are not as prepared as they should be. It is quite a quandary for folks as the concepts of preparing an estate […]
In these days of online information and robo-advice, the true role of a financial advisor has become muddied and ambiguous. Fintech has its disruptors. The volume and value of financial information obtained on the internet is only as good as […]
I think most people know I am not a fan of the Registered Retirement Savings Plan (RRSP) season. Do you want to know why? Check out my blog post from last year, “The Insanity of RRSP Season”. The essence is […]
Last week was a busy week with Black Friday, Cyber Monday, Giving Tuesday and the onset of Boxing “month.” All the retailers want us to think about Christmas shopping and planning for the Holiday Season. You know, the old saying, […]
Too few of us are prepared to deal with the financial challenges that tend to arise as our parents reach old age. This is something that needs to be broached when your parents are young and capable of making the […]
A divorce or the death of a spouse exacts an emotional toll. Unfortunately, each can also be a financial toll. Managing the transition from being married to being single means crossing a lot of items off a financial checklist — […]