Guiding you along your financial journey
“Debt.” Does the word make you want to curl up into fetal position and cry? If so, you’re not alone. We carry a lot of shame about poor money management. The number of people who come to us, as financial planners, with their heads low and whisper about how badly they’ve messed it up is ridiculous. Feeling shame, and hiding […]
There’s a lot of debate about exactly how big the gender wage gap is, and the causes of it, but it undeniably does exist. Total Income: Men and Women in Canada Source: Statistics Canada. Table 202-0407 – Income of individuals, by sex, age group and income source, 2011 constant dollars, annual Many people incorrectly believe that women earn less […]
International Women’s Day is March 8th, and to celebrate, we’ve got Financial Planners Julia Chung and Sandi Martin weighing in on issues that affect women in financial matters. But don’t let the title fool you: these are not “women’s issues” so much as they are people issues, and in many cases, economic issues. And even if you have a Y […]
Stock markets seemed to stabilize in February, giving some comfort to investors after a rocky few months. The Canadian dollar retreated quickly from its lows of 1.45 to the USD that were reached in the middle of January, while oil recovered to the mid $30 range.
Baby on the way? A little financial planning goes a long way. As you already know, having a baby is going to bring substantial change to your life. You can expect your expenses to increase, while your income will most likely decrease (at least in the first few months). The best way to prepare for these changes is to plan […]
“The secret of getting ahead is getting started.”, Mark Twain This statement couldn’t be more true when it comes to investing. That’s why I am so very excited to announce that we are making it even easier for Canadians to start investing by launching our Springboard initiative. Under this intiative, ModernAdvisor will invest $1,000 on behalf of our first time […]
The RRSP deadline for 2015 2016 is coming up on February 29 March 1, 2017. Here are the top 11 mistakes to avoid. Waiting until the last minute to contribute The deadline to make RRSP contributions for the 2015 tax year is February 29. An RRSP allows your gains to grow tax-deferred until you make a withdrawal. The earlier you […]
Stock markets had another bad month in January. The Bank of Canada left interest rates unchanged despite analyst predictions and the Bank of Japan joined the negative interest rate club.