Get Your Money Moving - Monday Money with Shawna McCrea of Balance Financial

MY CHALLENGE to you this week is to look for opportunities to improve your cash flow.

Wishing you Financial Health | Know your numbers

As you know I love helping people cut through the industry noise that can fuel our fears, and create a financial plan based on your specific life goals.

First phone consultation is COMPLIMENTARY

This video is only general explanations and education. It's not specific tax, legal or investment advice. Before considering acting on anything you see or hear here, first consult with your tax, legal or investment advisor.

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

Stop Stressing Over Your Money - Monday Money with Shawna McCrea of Balance Financial

MY CHALLENGE to you this week is to start, review or revamp your budget.

Wishing you Financial Health | Know your numbers

As you know I love helping people cut through the industry noise that can fuel our fears, and create a financial plan based on your specific life goals.

First phone consultation is COMPLIMENTARY

This video is only general explanations and education. It's not specific tax, legal or investment advice. Before considering acting on anything you see or hear here, first consult with your tax, legal or investment advisor.

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

Wishing you Financial Health | Know your numbers

As you know I love helping people cut through the industry noise that can fuel our fears, and create a financial plan based on your specific life goals.

First phone consultation is COMPLIMENTARY

This video is only general explanations and education. It's not specific tax, legal or investment advice. Before considering acting on anything you see or hear here, first consult with your tax, legal or investment advisor.

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

Wishing you Financial Health | Know your numbers

As you know I love helping people cut through the industry noise that can fuel our fears, and create a financial plan based on your specific life goals.

First phone consultation is COMPLIMENTARY

This video is only general explanations and education. It's not specific tax, legal or investment advice. Before considering acting on anything you see or hear here, first consult with your tax, legal or investment advisor.

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

“Jessica gets a divorce” - Monday Money Stories with Shawna McCrea of Balance Financial

Divorce can be emotional and challenging.  It can be a financial wreck that leads to a large drop in your standard of living.

You need to separate your emotions from your finances.  Get support.  Get paperwork organized.  Educate yourself.

Contentious or Amicable

What stage

Talk about joint assets, income and liabilities and freezing joint accounts

Court decides, not spouse

Children and support

Counselling

MY CHALLENGE to you is to consider the possibility of a divorce

Wishing you Financial Health | Know your numbers

As you know I love helping people cut through the industry noise that can fuel our fears, and create a financial plan based on your specific life goals.

First phone consultation is COMPLIMENTARY

This video is only general explanations and education. It's not specific tax, legal or investment advice. Before considering acting on anything you see or hear here, first consult with your tax, legal or investment advisor.

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

“Child-rearing provisions” - Money Monday with Shawna McCrea of Balance Financial

If you took time off from work or worked less to look after your young children (up to age 7), you may be able to increase the amount of your CPP retirement pension and other CPP benefits with the child-rearing provisions.

No one does this for you, you have to remember to do this on your own.

If you are already collecting CPP you can still apply.

MY CHALLENGE to you is to review your retirement plan to make sure you are on track.

Wishing you Financial Health | Know your numbers

As you know I love helping people cut through the industry noise that can fuel our fears, and create a financial plan based on your specific life goals.

First phone consultation is COMPLIMENTARY

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

“Tax-Free First Home Savings Account ("FHSA")” - Money Monday with Shawna McCrea of Balance Financial

The FHSA is a proposed registered savings account that will allow individuals to make deductible contributions of up to $8,000 annually to a maximum of $40,000 for the purpose of purchasing their first home.

MY CHALLENGE to you is to let people know about the FHSA

Wishing you Financial Health | Know your numbers

Having my own practice I get to put clients before shareholders

First phone consultation is COMPLIMENTARY

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

“$1200 RESP BC Grant” - Money Monday with Shawna McCrea of Balance Financial

Do you have a child or know someone that has a child between the age of 6 and 9?

Families in British Columbia are encouraged to start planning and saving early for their children’s post-secondary education or training programs. To help, the B.C. Government will contribute $1,200 to eligible children through the B.C. Training and Education Savings Grant (BCTESG).

As you know I am a big fan of RESPs.  I have talked to too many people that struggle with paying back their student loans - they often carry them for years.

If your child doesn’t go to school that’s okay you can always get the principle back and you can transfer the market gains to your RSP.

I am also an advocate to borrow only for a home and nothing else.

MY CHALLENGE to you is to let people know of this $1200 RESP BC Grant

Wishing you Financial Health | Know your numbers

First phone consultation is COMPLIMENTARY

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

“What Should I do?” - Money Monday with Shawna McCrea of Balance Financial

In my consulting practice I often get asked what should I do?

Should I sell my house and get a bigger one?  Should I change jobs?  Should I move?

Only you can determine what your goals are - remove the should.

MY CHALLENGE to you is to reflect on your goals.  What do you want?  What do you want it to look like?

Wishing you Financial Health | Know your numbers

First phone consultation is COMPLIMENTARY

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy

“The Cost of Procrastination” - Money Monday with Shawna McCrea of Balance Financial

Procrastination is something many of us wrestle with in many areas of our life especially our finances. It is so much easier to put it off until tomorrow.

MY CHALLENGE to you is to stop procrastinating and encourage kids if you have them to start now.

https://balancefinancial.net/2022/01/the-cost-of-procrastination/

Wishing you Financial Health | Know your numbers

First phone consultation is COMPLIMENTARY

#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy