Posts Tagged ‘financial planning’
EntrepreneursBreak article: Ed Rempel on Why Free Markets and the Stock Market Build True Wealth
I was recently featured in EntrepreneursBreak discussing why I believe free markets and the stock market have been such powerful drivers of prosperity and long-term wealth. In the article, I look at: One thing I’ve seen repeatedly after looking at the complete finances of thousands of Canadians: people who build significant wealth usually own productive…
Read MoreHow to Make Financial Decisions When You Don’t Feel Ready
A practical guide to making your first big money choices without waiting for perfect confidence. THE CORE IDEA Readiness is not a feeling you have to wait for. A good financial decision is one where you understand the trade-offs, can afford the downside, and have room to adjust if life changes. Some of the biggest…
Read MoreShould You Pay Off Your Mortgage Early or Invest Instead?
For many Canadians, becoming mortgage-free as quickly as possible feels like an obvious financial goal. But I think there’s a more important question to ask first: Once your mortgage is paid off, what percentage of that former mortgage payment will you actually invest? I call this the 95% test. If you pay off your mortgage…
Read MoreNational Post article: Can Tom afford to retire by 63 with a $1.16 million portfolio?
Having enough money to retire is one thing. Knowing how to use it wisely is another. Tom and Judy are in a strong financial position. With a $1.16 million investment portfolio and a valuable defined benefit pension, the bigger question isn’t whether Tom can afford to retire at 63 — it’s how they should make…
Read MoreBudgeting With a Full-Time Income Without Feeling Restricted
A practical guide to managing your first full-time income with clarity, consistency, and room to enjoy your life. The Moment Your Income Starts Feeling Real There is a moment that happens a few months after you start earning a full-time income. First, everything feels new – your paycheques, your routines, your sense of independence. But…
Read MoreiWatchMarkets article: Ed Rempel, CFP, Explains Why Self-Made Dividends Are Better Than Ordinary Dividends, In Every Way
Most investors think dividends are one of the safest and smartest ways to create retirement income. But are they really? Ordinary dividends have some significant drawbacks that are often overlooked: There’s another option: self-made dividends. Instead of relying on companies to decide when and how much income you receive, you create your own cash flow…
Read MoreDebt After Separation: How to Regain Control Without Panic
A practical, emotionally grounded guide to sorting out post-separation debt, protecting cash flow, and rebuilding one clear step at a time. The debt is not your identity There is a specific, heavy feeling that can come with debt after a separation. It is not just financial. It is emotional, personal, and often tied to grief,…
Read MoreYour First Real Paycheque: A Smart Money System for Young Professionals
The Habit That Builds Wealth Not the Amount A -friendly guide to using your first corporate paycheque with confidence, clarity, and a system that protects your future self. The first paycheque is exciting. The real opportunity is what you automate before lifestyle creep takes over. Your First Paycheque: What Actually Matters There is a moment…
Read MoreNational Post article: Everything changed when Kevin’s wife died. He now wants to retire next year, at 54, but can he afford to?
My latest article for the National Post looks at Kevin, 53, who is considering retiring next year after the death of his wife changed how he thinks about work, family and how he wants to spend his time. He has nearly $1 million invested, a $1.5 million debt-free home and an employer pension, but he…
Read MoreSecure Your Future Together: The Power of Trust Planning for Couples
Beyond the Will: How Canadian Couples Can Use Trusts to Protect Each Other A guide to achieve continuity, clarity, tax efficiency, and family harmony. Beyond the Will: How Canadian Couples Can Use Trusts to Protect Each Other Most Canadian couples believe their estate plan is complete once they have wills, powers of attorney, and beneficiary…
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