Financial Problems Start Here

I don't know about you ... but tax time is a time for financial reflection. All I want to know is ... am I making progress or am I falling behind.

Since I run my own financial business, I track everything, the gas for my car, car insurance and the costs to run my office. I also track my personal costs, food budget, hydro costs, and debt costs from the year. Every year I am amazed at how much I spend.

After more than 15 years in the financial industry if I had to pick the most important thing you can do to make your financial life better is to focus on your cash flow. That's right I am referring to dreaded "b word" ... budget

Like weight gain, cash flow problems happen over time. Before we go over some simple ideas on how to improve your cash flow ... let me tell you story and you see if this reminds you someone you know ...

Investing In Canada

The winter olympics proved it. We Canadians are much better than we think we are. We are honest, and polite yet at the same time we are competitive and we can win.

The spin off from this investment by government and athletes to own the podium, has spilled over as Canadian athletes continuing to shine on the world stage.

This also applies to our place as a financial power, and as investors.  Few countries can claim to have a financial future like we have.

Retirement for Business Owners

For Many business owners the ability to save and invest for retirement has been directly impacted by current the economy in Kelowna. 

When sales and profits are down, saving and investing for retirement are not always the top financial concern. 

The other day I was asked by a number of my friends at the Okanagan Business Referral Group (OBRG) about my ideas on how to best to deal with retirement as it relates to business owners. 


Here are 3 ways of investing to create an income stream for retirement if you are business owner.

All I Want for Christmas is a Big Tax Refund

The end of year is coming and if you are like me now is the time to hit the mall and the stores in downtown Kelowna to buy Christmas gifts. 


Wouldn't it be nice to wake up on Christmas morning and find a nice gift from the Canadian Revenue Agency, like a nice big tax refund?


This week Gary Schlenker from Grant Thornton Chartered Accountants forwarded on a few ideas on how maximize your tax savings this tax year, and I thought I would share them.