This Summer Shape Up Quiz is very simple. Answer “Yes” or “No” to each of the following statements. Keep track of your answers to find out how whether you are in good shape financially or if your money management skills could use some work.
The Victoria Day holiday is the unofficial start to summer. Many of us look forward to taking some time off to spend with family and friends. If you are fortunate enough to have a trip scheduled for this year, don’t neglect your travel and life insurance when you make plans for your getaway.
Ideally, the road to getting your marriage ready for retirement will start the day you and your spouse say take your vows. However, for most people, retirement is not at the top of the list when they embark on married life. With sound financial planning and good communication, a couple can successfully navigate this major […]
If you are on your second marriage or married late in life, keeping your finances separate seemed like the sensible thing to do. The basic costs, such as the mortgage, utilities, taxes and insurance were split 50/50. You took care of your own personal needs and lifestyle costs. You have your own savings and retirement […]
Now that the 2013 tax season is just about finished and either have submitted or are in the process of preparing your return, are you happy the result? No one wants to overpay when it comes to income taxes. You may be able to cut your tax bill for next year by sharing your pension. […]
Many people, especially people living in major cities where the price of real estate is quite high, see their homes as an important asset. Owning a home is one of the most important purchases we make, but you don’t want to make the mistake of thinking of the place where you live in the […]
When children are grown up, parents provide food, shelter, and the resources they need to grow up to be responsible adults. We assume that our children will grow up, leave the nest and strike out on their own at some point. They will finish their education, establish their own families and we’ll have a quieter, […]
Even though we have become more open about many subjects, the topic of money is one that many of us find difficult to discuss, even when our children have grown up. You should introduce your adult children to your financial advisor once you have established a good working relationship. It will benefit all of you.
As soon as the temperature starts to warm up, we start to think about cleaning out those those cobwebs hiding all the nooks and crannies of our homes. And although our intentions start off really well, somehow we always find an excuse to dodge the hefty job of cleaning our “financial house”. This is usually […]
If you are caring for your own children and your elderly parents, you are not alone. Welcome to the Sandwich Generation – and you’re in good company. According to a survey conducted by Ipsos-Reid, one in three Canadians between the ages of 45 and 60 are caring for older family members. The brunt of this […]