The Binnacle Financial Team, Inc

First, you determine the goals you want to meet, and when. Are you saving for retirement, a child’s education, a vacation, or a new car? Map out your goals, when you hope to achieve them, and how much they will cost.

Reverse-budgeting: The low-stress way to spend guilt-free and keep your finances healthy Figuring out first how much you need to save and invest to reach financial goals is remarkably effective

Be prepared for the financial burdens of caring for aging parents by learning about the innovative strategies that could provide relief for your family.

Caring for aging parents in Canada: Financial challenges and strategies for relief - MoneySense Be prepared for the financial burdens of caring for aging parents by learning about the innovative strategies that could provide relief for your family.

A little more patience - could be end of Q2 and we will see reductions? Time will tell...

Fed likely to preach patience as markets look ahead to rate cuts | Advisor.ca Federal Reserve officials are expected to play it safe when they meet this week

We look to have the conversation with all clients - "Do you have an updated Will?" - it can make a big difference when the time comes to deal with your personal (and business) affairs on passing - we can refer you to a lawyer - let's talk.

'Once they do estate planning, everyone tells me it's a relief' Financial planner speaks out on gaps in clients’ financial-planning picture, and why wills are non-negotiable even for simple cases

Great team! we miss working with all of you!

Whether you’re new to our Advocis community or you’ve been a Member for a while and want to learn more about getting involved with Advocis… join us next week for the February edition of Welcome Wednesdays! 🙌🫶

We’ll be joined by: Leslie Carpenter, Chair of Advocis’ Chapter Leadership Council and TFAAC Board Member, Abhi Sharma, CLC Member and Past President of Advocis Peel-Halton, and long-time Advocis Member and current Board Member with our Advocis Windsor Chapter, Tony Nader! 💯

For this coming session, we’ll be talking about all things Member Perks, including how to secure Member discounted pricing for events, upcoming education opportunities, marketing support offered from Advocis, and how your local Chapter can support you! Our TFAAC, CLC & Chapter leaders will also share some words of wisdom, and their best recommendations for navigating your professional journey with Advocis. ✨

Register here: https://bit.ly/3ssl3Cz

Interesting article. And a statement that makes sense to us to what is to come….

Tip of the iceberg? Experts warn plunge in Canadian Tire profits point to economic storm ahead — Toronto Star High interest rates, mass layoffs and recent decline in retail spending point to troubles ahead, according to economic insiders.

Having the hard conversations about money topics is important for all age groups, family communication early on can save a great deal of chaos and confusion later. See our recent Blog post - have you sat down with your children?

Iris How adult kids can start talking to their parents about wealth transfers By Admin   2024/02/08 Having the hard conversations about money topics is important for all age groups, family communication early on can save a great deal of chaos and confusion later. Read More

Have you noticed that it's harder to maintain old relationships or find new ones as you get older? Be reassured, you're not alone, says Debra Waters https://ow.ly/HKnn50Qq4KH

Black Friday unofficially launches retailers into the holiday shopping season, but this year the affordability crisis is ramping up pressure on shoppers and business owners. Many stores started rolling out markdowns well before Black Friday in an effort to draw shoppers who might be spreading out their spending on limited budgets.

Inflation compounds small business stress in 'make-or-break' holiday shopping season Black Friday unofficially launches retailers into the holiday shopping season, but this year the affordability crisis is ramping up pressure on shoppers and business owners. Many stores started rolling out markdowns well before Black Friday in an effort to draw shoppers who might be spreading out th...

Experts say that earlier is better for lining up an insurance policy, and starting a family is often the trigger for making the move.

How old should I be to start thinking about life insurance — and how much will it cost me? Experts say that earlier is better for lining up an insurance policy, and starting a family is often the trigger for making the move.

We don’t need to wait until it’s back to 2 per cent,” says BoC governor Tiff Macklem, in a reversal from long-standing messaging.

Relief may be on the way: Economists forecast interest rate cuts as early as mid-2024 “We don’t need to wait until it’s back to 2 per cent,” says BoC governor Tiff Macklem, in a reversal from long-standing messaging.

Alarmingly, there are no signs of this trend slowing down. The Hunger Count, released last month by Food Bank Canada, revealed that over two million Canadians are now reliant on food banks. While some have pointed fingers at Ottawa, provinces, or grocers ... https://ow.ly/EOe550Q8LlN