At this time of year, we have all trimmed our trees for Christmas. Its struck a cord with me. Trimming. I thought it prudent as we enter a New Year to review trimming our personal expenses to lower our cost […]
As we move towards the end of the year, its time to remind people about some tax strategies they can employ before December 31st. In our year-end planning with clients, we review the available tax options available to mitigate their […]
Happiness is not always measured with dollar signs. When we spend time explaining the reasoning behind Financial Life Planning with people, our conversations lead to the underlying objectives of such a Plan, and that for many, happiness in life is […]
Covid has introduced some changes to the way we consider investing. Supply shortages and lulls in manufacturing have triggered an increase in inflation. Canadian savers have long been dogged by low interest rates on low-risk investments like guaranteed investment certificates […]
I had a conversation with a client recently. I asked her how she has been so successful with her financial management and decided her story would be a good thing to share this with others. I must admit our client, […]
I have never been a fan of budgets. They carry a negative connotation and are not as flexible or followed as a cash flow document is. Cash in and cash out. As a Certified Financial Planner, the benefits of managing […]
Twice a year, we field calls from parents about how to access funds from their children’s Registered Education Savings Plans (RESP). In many cases, the presumption is that we can just flip a switch and have RESP funds deposited into […]
A regular point of discussion with clients and prospective clients in investment planning is that, when they have a large sum of money to invest, it is not just about deciding what to invest in but when. Of course, each […]
Building a financial life plan can be the most intimidating part of writing your business plan. It’s also one of the most vital. Businesses that have a full financial plan in place more prepared to pitch to investors, receive funding, […]
As of December 2019, there were 1.25 million employer businesses in Canada. Of these, 1.2 million, or 98% were small businesses. Small businesses are the largest employers in Canada. Yet it is amazing how many businesses do not do any […]