Did you know that more than 7 in 10 Canadians are not fully confident their math and money management skills will help them plan for a secure financial future? Whether we like it or not, money management skills are essential in insuring we can uphold a certain standard of living. Surprisingly, there is a large gap in the educational system in regards to teaching even the basics of finance: budgeting, savings and debt.Read More
When building a financial plan it is important to fully analyze an individual’s income source and benefit arrangements. By doing so, a proper strategy can be put in place to maximize a person’s wealth and guide them towards accomplishing their financial goals.
As a public servant, some of the strategies employed can be quite different when compared to someone working in the private sector. Although the government’s pension and benefits are typically top of the class there may be specific ways that government employees can do even more with the money they receive.Read More
Ever since the introduction of the Tax-Free Savings Account (TFSA) there has been a dilemma for many Canadians; where to place their hard earned money, in a TFSA or an RRSP (Registered Retirement Savings Plan)?Read More