Blogs
3 Ways to Prepare For Financial Resilience – Even When It’s Not a Recession
Are we headed for a recession? In July, the Bank of Canada raised interest rates another percentage point to 2.5%, impacting anyone with variable rate debt or newly acquired debt (mortgages, lines of credit, financing, etc). Further increases are...
4 Travel Tips to Survive Summer Travel & Inflation
Planning ahead will help you stay cool as prices heat up due to inflation. Summer means travel, and many of us are itching to break out of our home offices and explore further afield than we have in the last two years. There's even a term for it: "revenge travel"....
5 important takeaways: Getting Inflation-Savvy
How to stay ahead of the inflation curve Inflation is the word that we're all hearing these days. It's paired with rising gas prices and skyrocketing grocery bills. And it's a fact: Canada’s annual inflation rate in April 2022 was 6.8% - the highest since...
New Financial Mentoring Workshop for Small Businesses
It has been just over a year since my last blog post. What’s changed? Some days it feels like just about everything. In light of all of the uncertainty, I wanted to offer something that would help small business owners who have been affected by the COVID-19 pandemic...
Business Budgeting 101
You are putting your plan into action. Countless hours of thought and preparation have been put into the development of your product or service that you are hoping turns into the next Google or Facebook and you are ready to take it to market. You are...
Understanding RRSPs
“Don’t miss the deadline!” “Contribute today!” “Save on tax!” These are common phrases we see all around us as the RRSP (registered retirement savings plan) deadline approaches. The financial industry has led Canadians to this view of if you don’t want to pay taxes,...
The Gift that Keeps Giving
The holiday season is upon us. Do you have your Christmas gift list ready? Personally, it seems like everyone on my list is getting increasingly more difficult to shop for. I am not blameless here myself, as I too am picky and tend to just shop for items I need as...
Budgeting 101
We’ve all heard about the importance of having a budget (and sticking to it!); but, we do not often hear how to go about creating this budget. How much should we be spending on housing? What about fun money? It isn’t hard to make a budget balance; but making it...
Financial Goal Setting
Financial goals are the foundation of personal finance. Developing strategic financial goals creates a sense of clarity and direction of what you want to achieve.Success depends on your approach to setting and defining your goals. Financial goals should not be generic...
Everyday Tips to Save you Money
Life is getting more expensive. In our parents’ generation, one working parent could support the family and still provide a comfortable retirement. Now, as a single millennial (or in a couple), it is harder to make ends meet with our diminishing buying power. Saving...
Finance Tips For Millennials
A recent study completed by PWC found that only 24% of millennials surveyed demonstrated basic financial literacy. This lack of financial competence impacts the ability of millennials to attain the financial success they desire.If you are a millennial struggling with...
Tax Tips For Entrepreneurs – Part 1
Do you have a side hustle? Picked up some freelance work? Fully ditched your day job for self-employment work? If so, here are some items you should consider with regards to income taxes.This blog post is the first of a two-part series on tax tips for entrepreneurs....