As 2017 winds down, assess your finances and get them new-year ready. Your overall quality of life is directly related to the overall quality of your finances. So as one year ends and the next is about to begin, take some time to be sure you’re making the right choices financially. That will make for a truly happy new year. Set a budget And stick to it. With the holidays fast approaching, you need to create a realistic budget that will allow...
Taxation Update 2017
Proposals impacting private corporations On October 16 and 18, 2017, Federal Finance Minister Bill Morneau released new measures designed to counterbalance the proposals that were previously announced on July 18 of this year. This summary contains highlights of these new announcements and modifications to the previous proposals, which are not yet law. Clients should contact their Investors Group Consultant for information on how these...
Why We Worry About Money When We Shouldn’t
Even the wealthy can feel precariously close to financial ruin. You have a great career and a solid and growing investment portfolio. You have a spacious home and maybe even a cottage. By most measures, you’d be called affluent. So, why do you still worry about money and feel your financial empire could fall apart at any time? You’re not alone. Many high net-worth people think of themselves as having less than they do. Just being wealthy...
Planning Strategies for Small Business Owners
Thursday, March 23rd 11am – 12pm 228 Pine Street, Sudbury, ON (Boardroom Entrance) Please RSVP to attend the in-person event: rsvp@normanpiche.ca 705-675-5495 Topics to include: – understanding business income taxes – Best Practices for cash flow – investment options – how to manage expenses – how to protect your income potential – how to put you and your family first Norm will also be available...
Cut ‘Luxury Fever’ from Your Budget
Keeping up with the Joneses has pervaded Canadian neighbourhoods and is causing more trouble than happiness. As we continue to embrace a digital lifestyle, consumers of all ages are become increasingly susceptible to the buy-now lifestyle. We’ve all been guilty of it at some point – spending money on things we don’t need, in part because we want to have the same things that our friends and neighbours have. We call it keeping up with the...