Around this time of year, there are two stresses people often go through.  One, dealing with the debt incured due to Christmas, and second, the pressure of trying to maximize RRSP contributions before the March 1st deadline. This is really brought to light in this artcle in the Globe and Mail:  “Majority Of Canadians stress […]

This article came out in the Globe and Mail today: Money stress catches up with Canadians Nothing in the article is a revelsation of any sort, but it did make me think about how I help my clients, and have been helping them a lot lately…managing debt.  I think it is interesting that people have […]

Elections are often tough to decide where to align your views.  You would think it might be easier with a two party system as in the States, but it is not.  Now, I need to put out a disclaimer here, I am nowhere near totally informed with the issues and stances of both Romney and […]

I have to say, I am glad I am a mortgage broker, and not an insurance advisor…talking about a tough sell!  As a broker, I always feel obligated to make sure I have the “life insurance” conversation by means of protected their biggest asset.  Many young people don’t see the point yet.  Some of the […]

Financial Post:  “Canadians would feel the squeeze of higher interest rates: BMO”   I know this is starting to get a little redundant.  I keep talking the about the effects or rising interest rates, but the impact could really be that big.  I came across this article that just furthers my point. What are you […]

To no surprise to me, there was no increase to the overnight lending rate by the Bank of Canada.  There have been no significant changes in the economy and although we see modest growth in some sectors; outside of Calgary, the housing market has cooled. But what I did find interesting was the language Carney […]

Okay, this Lance Armstrong thing has been beaten do death.  Let’s face it, the guy was a cheater and got everything he deserved including today, being stripped of his 7 Tour de France titles.  Here is the kicker all the way through he has lied, he claimed he was innocent.  I think the world is […]

What can I say, life happens.  Unemployment, loss in the family, and struggling business, these things can take a toll on you, and your credit. When money is tight, sometimes you find yourself struggling to makes ends meet, and things don’t get paid. If you have been discharged bankrupt, or have gone through a consumer […]

I was having a conversation with one of my realtor partners about the best strategy for one of her clients that is retired and thinking about making one last down size.  She was wondering what was the best strategy and mortgage product for them.   I suggested a big old line of credit.  Why?  Simple, […]

The title of this article says it all in the Globe and Mail:  “It’s not fun or sexy but life insurance is a must for all families.” The two things about life insurance that bug me: 1)  Opportunity cost.  Granted we are all going to “call it a day” someday, but what if you took […]