Relationships are complicated at the best of times, so, if a couple decides to split up, untangling the life they’ve built together often gets messy, and fast. One of the few things that can make a divorce or separation a little bit easier is a marriage contract.
As people have spent more time remotely working from home, their desires regarding their workplace have shifted. While the pandemic hasn’t changed worker’s expectations of wages, their expectations for work and benefits are quickly diverging from tradition.
More money does not equal financial freedom. In fact, despite our relative affluence, Canadians are going deeper in debt each year. The real key to a less stressful financial situation isn’t more money, it’s matching income and expenditures, commonly known as a budget.
False value is everywhere – including in some benefits plans. However, instead of displaying loud signage, benefits providers will offer impossibly low prices to get you in the door. And it seems so promising, right up until that introductory offer ends and the prices spike back up, making you feel like you’ve landed with a less-than-ideal benefits plan.
Employee benefits plans are a great way to attract and retain talent. But, they are affected by trends that change their value to employees. And a benefits program without value, won’t bring in that top talent.
One of the sure signs of tax season, as a financial advisor, are the questions about tax-sheltered investments. One of the biggest we get asked is should I invest in a TFSA or an RRSP?