A core practice area for us is corporate financial life planning. It is clear that corporations do have some inherent planning tools. One of the key areas is maximizing the use of corporate financial assets. The trouble is many corporations […]
You’ve probably heard the saying, if you’re lucky enough to be Irish, you’re lucky enough. But what exactly does the luck of the Irish mean? Where did the expression originate and why? Does luck simply refer to the will and […]
The underpinning of any financial life plan is your net worth calculation. It’s a critical tool, as a starting point, and usually requires some work. Many people use their net worth as an indicator of their financial health. However, there […]
Late in 2023, some good friends gave us a little blue dragon as an inspiration gift, just ahead off 2024, the Chinese Year of the Dragon. It has a lot of holistic value steeped in tradition and folklore. The Chinese […]
I’ve been asked countless times about what to do when family members come looking for money. It’s a very complex issue because you don’t want to disvalue your brother, sister, son, daughter or cousin. Its a delicate issue but I […]
Every year at, the end of December, the amount someone can take out of their Registered Retirement Income Fund (RRIF) changes as determined primarily by the percentage amount prescribed by the Canada Revenue Agency (CRA). Of course, it is not […]
The Federal government has thrown another tool in the toolkit for sourcing a down payment on a new house. The First Home Savings Account (FHSA). While it is an added benefit, it does make it a little more complicated in […]
There were two undeniable Christmas traditions in our household. Sometime during the run-up to Christmas, we have to watch The Muppet’s Christmas Carol, Frosty the Snowman, and Rudolf the Red-nosed Reindeer and sing along in loud and lusty voices. And […]
The holiday season, including Christmas, New Year’s, Hanukkah, and Kwanzaa, is typically a time of gift-giving, dinners, parties, and celebration, but all of this can bring added financial stress, particularly during the continuing cost-of-living crisis. Recent research reported has found that […]
We all go through many challenges and trauma in our lives. We cannot anticipate or plan for them. Life experiences with unresolved money trauma can trigger anxiety, depression and unhealthy levels of risk taking. It could be a divorce, bankruptcy, […]