The Power of Consistent Investing: Understanding the Law of Averages
Investing can be a daunting task, especially when it comes to navigating the ups and downs of the stock market. However, one investment strategy that can help smooth out the volatility is known as the “law of averages” – the principle that the average of a series of numbers will approach a fixed value as the number of trials increases.
Minimize the Burden: 6 Strategies to Optimize your Income Taxes
Has your income increased significantly this year? Did you investments generate a crazy capital gain? Are you just maybe generally worried about the dreaded ''tax season''? We've got you covered! Check out our best tax optimization strategies below: Here are some key...
The Path to Peacefulness: Organizing the Chaos of Your Finances
In today’s fast-paced world, chaos seems to be the norm. Juggling work, family, and personal commitments can leave us feeling overwhelmed. One area that often adds to this stress is our finances. Disorganized finances can lead to anxiety, missed payments, and a...
Emotions vs. Equations: Mastering the Art of Level-Headed Investing
Investing can be a rollercoaster of emotions, with fear, greed, and anxiety often driving decisions that may not align with long-term financial goals. Understanding how emotions can influence investment choices and the importance of having a solid financial plan can...
Time to Build Your “Oops, I Did It Again” Fund: A Guide to Emergency Funds
Imagine your monthly expenses doing the conga line. Now, picture that line stretching out for 3-6 months. That’s your emergency fund goal, but if you’re just starting off, we suggest starting with a smaller goal, and once achieved you can build on it. Even a piggy bank with $2,500 can save your bacon!
Budgeting for Fun: How to Splurge Without Going Broke
Hey there, money mavens! Your favorite financial funnyman is back with another riveting installment on the wildly thrilling topic of...budgeting! I know, I know - you're probably more excited than a kid in a candy store. But stick with me here, because this month...
Springtime Finance: Budgeting Tips for the New Season
As the flowers bloom and the sun shines brighter, it's the perfect time to refresh your finances and get ready for the new season. Spring is a season of renewal, and that applies to your money management as well. Here are some finance-focused tips to help you make the...
Setting SMART Financial Goals for a Prosperous 2024
As we approach the new year, it's essential to consider the financial milestones we aim to achieve. By setting specific, measurable, achievable, relevant, and time-bound (SMART) financial goals, we can focus our efforts and increase our chances of success. Common...
Beat the Holiday Hustle: 6 Ways to Navigate the Financial Frenzy this Festive Season
The holidays are here: This means you’re about to have to spend a ton of money, YAY! Early planning and research are crucial to ensure a well-managed and cost-effective holiday experience. In this blog post, we will explore the best holiday budget tips, including...
Personal Finance 101: The 3 Most Important Aspects of Your Financial Plan
Personal finance is an essential aspect of life that everyone should learn. It involves managing your money, budgeting, saving, and investing. In this blog post, we will cover the basics of personal finance, including budgeting, saving, and investing. These tips will...
Budgeting that works for you: A Primer on the 50/30/20 Rule
Everybody knows that budgeting is important for your financial health, and that keeping things as realistic as possible is equally as crucial. They say that every penny should have a purpose, but what if it were even simpler than that? One of our favourite budgeting...
Tips for Keeping A Back-to-School Budget
Life is a series of cycles, and the one that often hits the hardest - especially for parents with school-aged children - begins every September. That’s right, it’s back-to-school time! Again! Just like last year, you tell yourself. Only this year, we’re going to...
The Importance of Knowing Where Your Funds Sit – And Why Our Partnership with Fidelity Investments Helps Get You Ahead.
Have you ever looked at the funds in your portfolio? Like, really looked? What do you know about the different sectors, geographic locations, etc? Are you aware of the top companies your funds are invested in? If not, don’t worry - many people don’t really take the...
The Importance of Taking a Holistic Approach to Your Financial Planning
Here’s an obvious statement for you: Everyone is different. You’ve probably heard it many times, or at least recognize it as a universal truth. So, why state the obvious? The Problem with “One-Size-Fits-All” Finance The primary issue with this model...
The Importance of Organizing Your Finances, at Any Age
Financial organization, or financial literacy, is an important set of skills to develop, at any age and stage of life. The reason? Our lives are in constant flux. Nobody *really* knows what tomorrow will bring, and while it’s difficult to have conversations about...
Tips for Retirement Planning
Markets are constantly changing. You already know this, of course, but it sometimes bears repeating. We often put off financial and retirement planning because it can be daunting at best, and we don’t like to imagine ourselves in a stage of life that some would...
Living Benefits – What They Are and Why They’re Your Biggest Asset
When we talk about assets, most people instantly think about owning a house. But what if we told you that your best asset is actually your ability to earn income? Having coverage to protect your ability to make money is the foundation of your financial plan - and...
7 Steps to Effective Money Management
Once again, tax season is upon us. Are you one of those people who’s not happy with the numbers you’re seeing on your returns? If so, then it may be time to put an official personal financial plan in place. This is essential for setting responsible financial habits...
RRSPs and TFSAs: Contributions and Deadlines
It’s that time of the year again! RRSP contribution deadlines are approaching (March 1, 2023!), and while there is no deadline for TFSAs (Tax Free Savings Accounts), the start of a new year is always a good time to take a look at your financial goals and put...
Importance of having a 2023 Financial Plan, and How to Make One
2023 financial planning should be at the top of your list of things to do this month, plus some tips on how you can put together a successful plan.
Financial Planning Tips to End 2022 and Start 2023 off Right
We’re nearing the end of 2022, and if you’re like many, it’s your favourite time of the year. The holiday season is in full swing and there’s quite a bit going on. You’re making plans to spend time with friends and family, devoting countless hours online and in stores...
Debt Repayment, Saving, Investing – What do I do First?
If you’ve ever tried to assess your current financial situation, you may have felt like you needed to start investing, like, yesterday. There’s a lot of advice out there that says you should begin investing right away, even if you only have $100 a month to start. But...
Halloween Doesn’t Have to be Scary! 4 Ways to Save Money During Spooky Season
Ghouls and goblins can be scary but your Halloween financials don’t have to be. When we think about expensive holidays, Halloween may not come to mind immediately. But from decor to candy, the costs can add up quickly. To keep your Halloween finances less trick...
Financial Tips to Start 2023 on the Right Foot
Including September, there are only four months left in 2022! With the kids back in school, now is a good time to sit back and take a look at your finances: budget for the holiday season, and get ready to hit 2023 in the best financial shape possible. We’ve put...