Explore the journey of a seasoned financial planner as he uncovers the truths behind industry norms. Discover how tax-exempt insurance contracts can offer superior benefits over traditional investments, and learn why rethinking financial strategies can empower your long-term wealth and security.
Discover the top strategy recommended by major accounting firms to avoid 5 different business taxes. Learn about the advantages of tax-exempt cash value life insurance.
Are traditional financial planning methods failing to provide the security and peace of mind you seek? Join Host Greg Belanger on Top Dog Tips as he explores a groundbreaking approach with Dave Otto, President of DO FINANCIAL Canada. Dave challenges conventional financial planning, specializing in sound money management and privatized banking.
Discover the new best practices for financial planning success and avoid being influenced by industry propaganda and marketing.
Discover the underlying problems: Nelson Nash’s words resonate with the importance of being aware of the issues before seeking solutions. What challenges are we currently facing?
Did you know RRSPs violate a major rule of investing? Learn how and why from a 40-year financial planning veteran.
The Canadian Federal Government has launched the First Home Savings Account (FHSA) to assist first-time homebuyers. The account allows tax-free savings of up to $40,000 with annual contribution limits and tax deductions. Qualifying withdrawals for home purchase are non-taxable, but there are conditions for eligibility and withdrawal. The FHSA differs from RSP and TFSA in various ways.
A new study has revealed that you may pay up to 23 times more in tax than the tax you saved!
In “Secrets of a Wealth Creator: How to Buy, Borrow, and Pay Smarter,” the key to financial success is revealed as not what you buy but how you choose to pay for things, particularly major capital purchases. Major capital purchases are those that cannot be paid for in full with your regular monthly cash flow. Instead, they often require financing, for example purchasing a car, going on vacation, or even buying new tires. Therefore, the focus is on buying smarter, borrowing smarter, and paying smarter. This book provides tips and tricks on how to make smarter financial decisions and manage your money more effectively. By being mindful and strategic with your purchasing, borrowing, and payment habits, you can create financial stability and build wealth over time.
A good attempt to cover the topic of Infinite Banking® in a November 21, 2023, Moneysense.ca article by Jonathan Chevreau. I quite enjoy Jonathan’s opinions, however, this one missed the mark.