Cash flow issues can happen to any company at any time. No matter what size your business is, you need to have a financial plan in place to deal with any cash flow crunches that can arise. Even if you’re reaching multi-million dollar profit levels, it can quickly all go up in smoke if you’re […]
Looking for ways to become financially free before retirement? You can start receiving another stream of income every month just by investing. When done correctly, strategic investing can help top up your income, and in some cases, even allow you to retire early. This article will show you exactly how investing can become your secondary […]
Is your business prepared in the case of a major life change to one of the owners or primary shareholders? There are many things that can happen that can lead to disaster if a plan is not already in place, such as an owner becoming disabled or passing away, a divorce that causes shares to […]
As a grandparent, it’s entirely natural to want to give money and gifts to your grandkids. Is this the best way to help them out financially? Here are three ways to be the best grandparent you can be by setting up a financial security net for your grandkids. Set Up Life Insurance Your grandchildren can […]
Considering setting up a family trust to protect your assets? It may be one of the wisest decisions you ever make. A trust can give you the power to deal with future financial risks and give you full control of your assets. Additionally, a family trust can also be used to take advantage of income […]
There will come a time when your kids ask you how babies are made, why the sky is blue, and why they have to come home by curfew. One thing your kids probably won’t ask is about taxes — or at least not until it’s too late. It’s important to teach your kids about taxes […]
It’s not easy getting your teen interested in the idea of investing in their future. Most teens have a shorter attention span and are rarely focused on long-term goals — they’re thinking about the present. This can make it somewhat difficult to explain the benefits of saving, especially if most of the financial terms go […]
Protecting your wealth is arguably more important than growing it. Even if you make smart investment decisions, pay yourself first, and put some money away for your retirement, there are still a number of common investing mistakes that could drain your finances dry. Don’t waste your hard-earned money on poor financial decisions — be prepared […]
Do you know how much you need to save for retirement? Most people don’t. Fortunately, there are a few questions you can ask yourself to determine what retirement savings goals you need to implement today to have a brighter future tomorrow. Don’t worry if you’re far from ready; we’ll also explain what you can do […]
There’s one thing that you can’t avoid no matter how hard you try, and that’s taxes. Tax adherence is a responsibility of every Canadian citizen, no matter how much money you make or what type of work you do. While you can never escape taxes entirely, you can take advantage of methods made to minimize […]
*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.