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?
If you are one of the lucky ones who will be escaping this crazy winter and traveling south to a sunny warm destination; remember to include travel medical insurance as part of your planning process. Our provincial medical plans only…
Midnight tonight (Friday March 1st) is the deadline to invest in your RRSP to receive a tax deduction for your 2018 tax return. Many people are still confused as to where to invest their savings; an RRSP or TFSA? In…
When people think of Life insurance they normally associate it with providing the financial support your family will need if you are no longer around to take care of them. However, life insurance can also help you and/or estate preserve…
Let’s suppose you invest on a monthly basis into your RRSP, say $250 per month to total $3000 at the end of the year. If you have additional unused contribution room; you can boost your contribution with a short-term RRSP…
Everyone knows how to win. Few know how to lose. Yet the secret to making money in the various markets is knowing how to lose and how to control your losses. In the book Warren Buffet calls the best book…
Many people plan ahead and prepare their own final arrangements, some will even pre-pay; although most funeral homes don’t require it. Why is planning ahead a good idea? It saves your family and friends from having to make many…
With interest rates expected to rise many Canadians are second-guessing some of the financial decisions they have made; 43% regret how much debt they are currently carrying. When looking at your personal finances remember it is not just about the…
A Registered Retirement Savings Plan (RRSP) is not an investment in itself; but rather an account that you hold investments within. An RRSP is not tax-free, it is a savings plan that allows you to put off paying tax on…
With the holidays behind us Canadians now turn their focus to compiling their tax receipts as they look ahead to filing their returns before April 30th. Here are a few important numbers you may need: Working Canadians: RRSP Contribution Limit:…
In 2017 we saw synchronized growth in the world’s economies; in 2018 the global markets moved out-of-sync with each other and away from harmonized growth. This desynchronization of the world’s economies caused the U.S. dollar to strengthen and led the…