Whether you’re an individual or a couple, a universal financial goal is often to pay off your mortgage as quickly and cost-efficiently as possible. However, with such complexities, this can prove highly difficult. Tax plays a massive factor in the type of challenges you’ll … [Read more...]
When Would You Need Someone to Make Financial Decisions for You?
There are many different circumstances that could necessitate assigning someone else responsible for making financial or business decisions on an individual's behalf. A person may desire to have another responsible for finances if they are acting as a guardian or trustee … [Read more...]
Why Are Robo Advisors on the Decline?
The term "robo advisor" was first coined in a March 2002 article in the Financial Planning Magazine, in which the author, Richard J. Koreto, described a new generation of automated, digital advisors. Nearly 20 years later, robo advisors, known as "robos" in Canada, are still … [Read more...]
4 Tips To Make Smarter Financial Decisions For Your Business
When it comes to running a business, you'll want to be a frugal entrepreneur. While it's true that you need money to make money, there's a fine line that separates acceptable spending from one that's already excessive. Your focus here should be on the former. An entrepreneur is … [Read more...]
Staying In the Black: 5 Tips for Managing Your Finances
Finance management may sound like a big word, but it simply implies creating a plan for your money so you can get the most of it. The plan involves budgeting, saving, avoiding debts, and investing your money for the future. Here is a guide on how to gain control over your money … [Read more...]