Making financial advice a family matter
Financial advisor Elke Rubach, right, enjoys beach time with Emily Strike. Rubach mentors Strike, whom she met through Fashion Heals for Sick Kids. Photo by Christopher Lawson Elke Rubach was a successful lawyer when she discovered her passion for helping people understand finances Elke Rubach was determined to do things the right way from […]
Automated Investing vs. Human Guidance
When you’re looking for help managing your investment portfolio, you have a decision to make: Should you work with a financial advisor or a robo-advisor? A financial advisor is a professional specializing in financial planning, wealth management and other personal finance services. On the other hand, a robo-advisor is a digital platform that uses algorithms […]
It’s Time to Talk Openly About Family Finances and Addiction
Addiction is a huge problem in Canada. How big? Between January 2016 and June 2020, there were more than 17,602 apparent opioid-related deaths in Canada, and this represents only a fraction of the overall problem of opioid addiction. When you add an addiction to other drugs, as well as other types of addiction (e.g. gambling), […]
Using Your Bonus to Supercharge Your RRSP
If you are fortunate enough to have kept your job throughout the pandemic and even received a bonus for 2020, count yourself lucky. After a year of being told all the things you can’t do, the impulse to take your bonus on a spending spree would be completely understandable. Yet before you whip out your […]
Tips for a Successful RRSP Season in 2021
Tips for a Successful RRSP Season in 2021 With RRSP season here once again, now is the time to give some extra thought to your retirement. Arguably, retirement planning can be stressful – especially as you draw closer to your retirement day – and the uncertainty of the past year certainly hasn’t helped. Outliving your […]
Things business owners should think about when going throw a divorce
No one gets married planning on an unhappy ending, yet the reality is that approximately 40 percent of marriages in Canada end in divorce. For small business owners, this can pose a challenge: how can you protect your business if you end up getting divorced? Despite how common it is, many small business owners are […]
4 Financial Lessons to Emerge Stronger from the Pandemic
It’s probably fair to say that most Canadians will be happy to bid farewell to 2020, and there are still three months to go until the end of the year. The pandemic has taken a heavy toll, from the loss of lives and jobs to the disruption of schooling and retirement. Financially, countless individuals and […]
Love, Marriage and Life Insurance
Marriage is the perfect time to start shopping for life insurance. Why? Because it’s when you start sharing your life – and your debt – with the one you love. Here’s why life insurance for married couples should go hand in hand with saying, “I do.” A shared life means shared responsibilities While it’s quite unromantic to […]
Giving with confidence in the time of COVID-19
Eliminating hunger and poverty. Curing diseases. Building a just society. These are just some of the big, audacious goals that charities are trying to tackle within Canada and around the world. These goals are lofty enough, then you throw in a global pandemic and this proposition becomes exponentially more difficult. Charities across the sector are […]