Whether you give time, money or skills, using a strategy will make it count
Charitable giving is good for you and good for your community – but can strategic charitable giving also be good for your financial plan? Whether your motivation is spiritual, personal or altruistic, you can make a greater impact by incorporating strategic giving into your budget and financial plan. Strategic giving means careful selection of a charity, then planning how you’ll make your contribution.
As an employer, you offer your employees a benefits plan. Claims are on the rise and you are faced with a very high renewal. What do you do?
Imagine you have two saplings to plant. You carefully select a nice spot in your garden and plant them. Over time you pay attention to the one closest to the house; fertilizing and feeding the soil with plant food, watering it during dry times and carefully pruning it. The other you left to grow on its own still continues to grow, but doesn’t look quite as full and lush as the other tree.
You’ve made all the right moves and have finally been rewarded. All that hard work at school has helped you land the job that launches your career.
A registered education saving plan is a valuable tool to build post-secondary savings.
Your decision to start saving money may not only help you achieve your goals, it can help create healthy financial habits that last a lifetime. The sooner you start contributing to an RRSP or TFSA, the greater the growth potential.
Looking to review your financial security goals? I’d like to offer you a cup of coffee and a second opinion.
Learn about the pitfalls many students encounter while at school.
Starting a family can be overwhelming. Be sure to keep these financial steps in mind.