Fighting about money is one of the most common reasons for divorce in North America. Many couples face an overwhelming task when creating and managing the household income.
I took my daughter to Great Wolf Lodge recently, which is a family resort built around an indoor water park.
It is a well known fact in the insurance industry that bank mortgage life insurance is underwritten at the time of claim.
For most Canadians, a mortgage is the largest debt they ever take on. Much time and attention is given to negotiating the lowest possible interest rate, but typically much less time is taken determining the optimal amortization period.
I multi-task and I know that it interferes with my productivity.
If you want a financial plan, would you rather deal with a salesperson that offers one for “free” if you bring in your investment statements, or with a professional with no strings attached?
It amazes me that millions of Canadians have billions of dollars invested in Money Market Funds (MMFs) that are earning no interest for all intents and purposes.
I was having coffee with a friend recently who has three beautiful daughters age 6 and under. She asked me when I began giving my soon-to-be 11 year old daughter Rachel an allowance.
We ask a lot of questions before developing an investor policy statement for our clients and one of them is about their rate of return expectations.