Overwhelmed by the number of bills and credit card statements piling up on your desk? Not finding the time to review the performance of your investments? Missed a bill payment, got charged NSF, or misplaced your financial documents? You are not alone. Nearly one in four people have either lost or forgotten about a vital […] The post 6 Steps to Financial Decluttering appeared first on Objective Financial Partners ..read more

Author’s note: Life can feel incredibly expensive. This article is written by a financial planner, so there is some bias – I’m likely to recommend strategies that apply to women in general to manage financial risk. However, it’s important to recognize that the ‘essentials’ I discuss may not be universally accessible or relevant to everyone’s ..read more

The article “FP Answers: How do I figure out my combined marginal tax rate so I can make good financial decisions?” was originally published in Financial Post on December 15, 2023. By Julie Cazzin with Andrew Dobson. Marginal tax rate is important to know because it is the tax rate you can expect to save ..read more

The article “FP Answers: How will cashing in my stock options affect my CPP contributions for the year?” was originally published in Financial Post on October 6, 2023,  By Julie Cazzin with Andrew Dobson. If you are healthy there may be a benefit to considering CPP deferral. Q: I retired in July 2022 and was fortunate ..read more

What is the difference between a Financial Planner and a Financial Coach? When it comes to managing your finances, individuals often seek guidance from financial professionals. Identifying the right professional can be difficult when the industry itself uses multiple titles interchangeably and there is little regulation of titles. Financial coaches might refer to themselves as ..read more

In this new series, Behind the Advice, we ask advisors about their relationship with money from a young age, lessons learned over the years, and how their experiences influence the advice they give clients today. Brenda Hiscock, certified financial planner at Objective Financial Partners Inc. in Cobourg, Ont., discusses growing up in poverty, being an ..read more

For older Canadians considering their estate planning, minimizing probate fees may be a concern. For many Canadians, their biggest asset by far is their principal residence. In some cases, it’s worth over a million dollars. For Ontario residents, whose estate administration tax (otherwise known as probate fee) is 1.5% on assets over $50,000, that probate ..read more

The article “Can Lyle, 48, and Tonia, 53, afford to trade their home for two condos?” was originally published on the Globe and Mail on October 20th, 2013 by Dianne Maley. Before Lyle and Tonia can retire, they have to pay off the $425,000 mortgage on their Alberta house, build up their non-registered savings and ..read more

The article “Why couples should consider co-mingling their finances” was originally published in Financial Post on August 15, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Research shows that couples who merge their money are more likely to be happy and successful Given the highly personal nature of money and people’s relationships with it, there is no single ..read more

The article “Should you include your pension in your net worth?” was originally published in MoneySense on July 4, 2023. Photo by Kampus Production from Pexels. Whether to include a pension in your net worth statement is up for debate. If you choose to do so, know there are a few ways it can be ..read more