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!"

Life Insurance as a Savings Vehicle?

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 […]

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

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 […]

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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?"

Who do you listen to?

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 […]

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Yellow caution sign with the sords, "Tax Refund Ahead."

Tax Refund Ahead

We are coming to the end of tax season. Are you excited about getting a tax refund? Most Canadians are because they feel good that they are getting something for nothing, and the refund cheques are often used to buy treats or luxuries. Consider that getting a tax refund is just you giving an interest […]

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A hand holding a pen has written, "Deal or No Deal,."

Would you take this deal?

Here is the scenario. Imagine if you were purchasing a house and you were offered the following mortgage: You have to pay the principal back, but you aren’t told what the interest rate is going to be, and you have to pay the big lump sum of accrued interest all in one shot after 30 […]

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

The “Untaxable Wealth” System – 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 […]

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