As we’ve said before on the blog, investing is about growing your wealth while insurance is about protecting it. Insurance is a tool, one that not everyone needs and that can certainly be misused, but in situations where it makes sense the effects of having it in place can be life-changing. It’s a way to protect … Continue reading Risk Management & Insurance: Protect What You’ve Built
Effective wealth and tax planning should take place throughout the year, not just during tax season, however this an important time to check in and make sure you’re not missing any time-sensitive deadlines. By taking a few key steps now you can get ahead of the tax season rush and ignore the surrounding marketing hype … Continue reading Tax Planning: Year-End Deadlines And Reminders
As another year comes to a close, you may find your mailbox flooded with requests for charitable donations. There's a good reason so many charities make year-end requests. According to a 2018 report from the Rideau Hall Foundation and Imagine Canada called Thirty Years of Giving in Canada, individual Canadians gave an estimated $14.3 billion to charities and non-profits in 2014, with the biggest chunk … Continue reading Charitable Giving: A Guide To Year-End Giving
Financial planning is the act of defining your values, needs, and goals and designing a process to help you achieve them. A financial plan is essentially a roadmap for your money and your life. The goal of financial planning is to reduce your stress about money by optimizing for the things you can control and … Continue reading What Is Financial Planning?