Is it better to get a student loan or line of credit?
Are you sending a kid off to college or university this year? Within the next few years? I will be! Kid 1 is working during his gap year, and then he’s off to college next year. There is a lot of excitement for all of us when thinking about his post-secondary education. It’s a big […]
Basics For a Wise Financial Strategy
Before a skyscraper can reach for the clouds, it needs a very strong foundation. Once the building is complete, the foundation is virtually unseen. The same goes for our financial strategies. Following are the basics of a strong financial foundation: Budget – Governments and businesses use budgets to properly allocate resources. It’s known as good […]
Your Legacy Plan and Charitable Giving
Recently, a client wanted to leave all of their money to two charities through their Will. They wanted to leave a legacy to a few charities, and they didn’t have any close family members. Here is her situation: Age 80, $550,000 in savings (75% non-registered and TFSA), with income of $70,000 annually from pensions and […]
