The professionals at The Money Tree Financial Planning Inc. strive to bring growth and stability to your financial life.
How would your retirement change if you could be debt free 10 years sooner?
Tired of too much product advice and not enough plan advice?
Want to get more out of life with the money you already have?
2019 marks the 50th anniversary of the Stonewall Uprising and a half-century of LGBTQIA+ liberation. It’s WorldPride month and this weekend Toronto plays host to thousands of same-sex couples celebrating their march towards equality. The number of same-sex couples has…
Statistics show that investors who work with a Financial Advisor can accumulate as much as four times the financial assets than those who go it alone. Research also shows that having a planner create a comprehensive financial plan in line…
The majority of common-law and married couples have shared assets. These include owning a home together (72%), joint bank accounts (64%), joint credit cards (52%) and a joint Financial Plan (64%). So how do you regain your financial independence…
This Sunday June 2nd is National Cancer Survivors Day. Becoming critically ill is something none of us want to think about; but we all know families whose lives have been dramatically affected by this terrible disease. If you do get…
It’s exciting getting ready to take possession of a new home. Closing costs are estimated at 1-1.5% of the price of the property; avoid any surprises by reviewing all the final expenses before the closing date. Mortgage Default Insurance. If…
Miscalculated and over contributed to your RRSP? If that over contribution exceeds the $2000 limit; here’s what to do: Decide Whether to Withdraw the Money. CRA will penalize you 1% of the overage every month until withdrawn, so in most…
Every wonder what happens if you die without a valid Will in place? Your assets will be distributed according to the formula set out in the legislation of the province in which you live. In Ontario, we have The Ontario…
Well, with April 30th in the rear-view mirror, it’s time to turn our attention from receipts and filing to what to do with our refunds. Understanding the urge to spend it on travel, shopping or dining, here are a few…
Global capital markets reversed course after a notably difficult end to 2018, rebounding strongly to post mainly positive results for the first quarter of 2019. Equity markets appeared to be lifted by the prospect of easier monetary policy, while bond…
Most of the time when we think about preparing for our retirement years we generally think about saving; typically, in our RRSPs, TFSAs and Pension Plans. However, when planning for retirement eliminating your debt is just as important as creating…