Optimal outcomes – Career and financial planning for senior associates
Business is full of twists, turns and surprises. As a seasoned associate, you know the importance of planning to mitigate this uncertainty for your clients. That’s why you draft thorough contracts covering countless eventualities or prepare robust legal strategies before entering a courtroom. Planning will never address every possibility, but it will allow you to […]
Giving with confidence: A happy dilemma
When it comes to charitable giving, many Canadians face a dilemma: deciding how much they can afford to give and deciding where their charitable dollars will have the greatest impact. Fortunately, we see this as a happy dilemma. After all, Canadians want to give, they’re just not always sure how best to do so. In […]
Balancing interconnections between finances and career for new associates
Career wise, you have come a long way on a journey marked with milestones of achievement. Having survived law school and long hours articling, you’ve passed the bar. Before there is time to take a breath and compute the debt from your student loan, you have landed a full-time job as an associate. As a […]
3 keys to financial planning for the sandwich generation
Despite our enormous diversity, there are some commonalities found in families across Canada, including ups and downs, petty squabbles and unconditional love. For Canadians in the sandwich generation – those with both children and living parents – there’s an added aspect of family life to add to the list: financial stress. According to a recent […]
Protecting your biggest asset
We all know that life is priceless, but what are you worth in dollar terms? Can you come up with a figure, even if it’s only an estimate? Of course, this will vary enormously from one person to the next. In general, however, the younger you are, the lower your estimate (I have a pile […]
Oh what a night! Fashion Heals for SickKids turns 5
As the week winds down, I’m taking a moment to reflect on what just happened: Fashion Heals celebrated its fifth edition! About 5+ years ago, Nat Korol and I had the idea to find a fun, interesting way to make a difference, and we decided to focus our efforts on SickKids. Many people I know […]
5 powerful financial planning tools for business owners
Thousands of Canadians use private corporations to run businesses, manage family finances or operate professional practices as doctors, lawyers or accountants. However, many of these business owners are missing out on opportunities to optimize their finances. In this blog post, we share five financial planning tools for business owners that can help you protect your […]
Boosting financial literacy among Canadian Millennials
In mid-2019, the total debt held by Millennials in Canada climbed above half a trillion dollars to $515.9 billion, up 12.3% from mid-2018 according to a recent TransUnion report. Aside from being a huge number, this figure – and the rapid year-on-year increase – is worrying given that Millennials report having relatively low financial literacy. […]
3 ways to shift the conversation about women and finances
The topic of women and finances is complex. From the gender pay gap to the traditionally male-dominated financial industry to the cultural cues painting money as a masculine topic, there are many factors that have negatively impacted women’s relationship with money on a broad level. It shouldn’t be this way. Money, for better or worse, […]