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Financial Responsibility Amongst Teens

Teaching teens can be challenging as they become more independent, especially when it comes to educating them about managing their money and finding the right balance between saving and spending. This article outlines some strategies you can use to teach your teen how to be financially responsible, so that they develop the self-confidence and skills needed to successfully manage their money.

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The Future Cash Flow Strategy You Probably Didn’t Know Existed

the future cash flow strategy

Between rental, earned, profit, royalty, dividend, capital gains, and interest income, there are a plethora of passive income (i.e. requiring minimal effort on your part) strategies that you can engage in to ensure you are always getting the most out of your capital. Let’s briefly go through the highlights of seven streams of income before diving into an EIGHTH stream of income which we like to refer to as the “secret” income stream.

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The Secret Income Stream You Probably Haven’t Heard Of Yet

Life insurance is often thought of as only providing a benefit to those receiving the proceeds on the death of the insured. The truth is, insurance policies can be structured to provide an additional source of cash flow. 

This guide is courtesy of David Rubin, Estate & Insurance Advisor.

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The Keys To Financial Wellness For Financially Independent Women

Women have entered the Canadian workforce in significant numbers over the past decade. In fact, Canadian wealth is increasingly in the hands of women, and this trend is expected to continue over the next decade.

This new face of wealth brings about important implications for women, financial advisors, and the financial industry alike—women need to “re-think” what financial wellness means to them personally, and the financial industry will have to “re-think” how it addresses potential differing needs of women to ensure that there is a clear understanding of the needs, wants, challenges and opportunities faced by female investors.

As financially independent women create and manage more wealth, it is also important for them and their financial advisors to understand that financial independence is not the same as financial wellness. This article explains what financial wellness is and how you can improve your own or that of your female clients.

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