Things are harder for this generation.

A Gen X'er hiking in the mountains. The quote says, "Tough times never last, but tough people do."

I was at an event over the weekend and started chatting with a woman who was concerned about the next generation. Her concern was over how difficult it is to get ahead financially today. Compared to when she was starting out, things are much harder today. Buying a house is harder, investments aren’t growing like … Read more

Life Insurance as a Savings Vehicle?

A cartoon picture of the Toronto shoreline, all in reds. There are also several red fireworks in the skyline. The title reads, "Life Insurance is Older than Canada!"

Continuing on with our discussion about insurance, let’s go back and look at a little history. In Canada, life insurance predates Canada becoming a country. The first life insurance policy was issued in 1847! In addition to the death benefit, the policies were also considered safe savings vehicles. In the roaring twenties and the depression … Read more

Who decides what you owe?

A bag of money, a car and a home all sat atop a balance scale, with the title, "Who decides what you owe?"

The last couple of weeks I have been speaking about controlling your money. From using cash for day-to-day expenses, to avoiding digital currencies. Many Canadians don’t realize that they can take control of their borrowing as well. For example, when it comes to most people’s largest borrowing, our mortgage, we defer all the decisions to … Read more

Does Canada need digital currency?

The picture is two cell phones laying on a table with coins arcing between them, with the title, "Does Canada need digital currency?"

Last week I wrote about the benefits of using cash for our day-to-day purchases. As mentioned, studies have shown that we tend to spend 17% less by using cash than by using credit or debit cards. Unfortunately, the Bank of Canada is currently exploring the creation of a Digital Canadian Dollar. At this time the … Read more

Who do you listen to?

A white do with a black nose with his ears perked up as if listening. The title reads, "Who do you listen to for financial advice?"

After last week’s post about being careful who you get financial advice from, here are four things to look for when deciding who to get financial advice from: 1.      Competence and Professionalism. The quickest and easiest way to identify their competence and professionalism is their industry designations. This tells you if they have taken the time and spent … Read more

The “Untaxable Wealth” System – Uncover the Facts

Pile of post-it notes with the top note reading, "Uncover the Facts."

Over the last couple weeks, I have been speaking about the Untaxable Wealth system. You may be asking yourself how this is different from other programs? • Provides more tax-free income • Employer sponsored Tax-Free Strategies—Provides tax deductible solutions that are tax neutral for business owners and individuals • Provides solutions that can generate significant … Read more

Top 5 Reasons People Don’t Speak to Money Professionals

Top 5 Reasons People Don’t Speak to Money Professionals Why are we so tentative when it comes to meeting with a money professional? After meeting with potential clients, I often hear, “Well that was not what I expected!” or “That was painless…actually quite enjoyable!” If we were to take a look at the top 5 … Read more