Fee-Only Financial Planning / Advising in Kitchener Waterloo Cambridge - WD Development

 

When we get married, the plan is to stay married. But life and statistics suggests that's not always the case. When a marriage ends before you do, what’s the plan?

In this episode of SARA MAKES SENSE, Sara looks at the financial landmines that accompany an emotional separation. Mistakes can be made in a moment that end up lasting a lifetime.

 

As we prepare for a post COVID economy, many Canadians are starting their own business. 

If you’re becoming an entrepreneur, there are many new roads you will travel, one of them is incorporating your business. Tax implications, pension plan and making sure your corporation doesn’t become YOUR boss.

In this terrific episode of SARA MAKES SENSE, Sara peels back the layers on incorporating your business and why incorporating could save you money, sleepless nights and even relationships. 

 

Car Insurance. Home Insurance. Life Insurance. Those are the so-called big 3 in the insurance space, but you know insurance can stretch far and wide.

It’s good to have peace of mind, but how much insurance is too much?

In this episode of SARA MAKES SENSE, Sara speaks with Insurance expert Tony Salgado about the real Wants, Wishes and Must Haves of insurance in 2021.  Safe to say, you’re covered. 

To contact Tony Salgado:
Website
Email

 

Who inherits your estate in Canada if you have no will?  Not who you’d think. Your common-law spouse doesn’t automatically receive it, your former spouse might if you’re separated but not divorced, money bypasses your spouse and goes to your minor children when you’re married.  In this episode, Sara explains ‘intestate’, ‘probate’ and why it’s never too late for you to legally document your final wishes.
It’s a subject or issue many people ignore.
But by doing advance planning or incapacity planning avoids legal landmines at the worst possible time.
In this episode of SARA MAKES SENSE, Sara speaks with Blair Botsford on why everyone should take control of their situation, well before they can’t control their situation. 

Guest: Blair Botsford, Dentons
LinkedIn Profile
We’re all getting older. It is one of life’s certainties.
However, how we live when we age is something we can control.
But often, aging Canadians and their families wait until difficult decisions have to be made, rather than making them in advance.
In this episode of SARA MAKES SENSE, Sara speaks with an expert of why planning now could save you thousands of dollars and many sleepless nights later.

Guest Margot McWhirter
Real estate prices are way up.
Regardless, many people feel ownership is THE best path to security and wealth.
Homeowners, especially new ones, get caught between what the bank says they can afford, and what the REAL monthly costs are.
There are options, is renting one of them?
Sara offers real and impactful insight in this episode of SARA MAKES SENSE.
Real estate prices are way up.
Regardless, many people feel ownership is THE best path to security and wealth.
Homeowners, especially new ones, get caught between what the bank says they can afford, and what the REAL monthly costs are.
There are options, is renting one of them?
Sara offers real and impactful insight in this episode of SARA MAKES SENSE.

It happens in life, sometimes through a tax return, severance payment, increased income, inheritance, or the sale of a house. There are occasions when cash comes your way in a lump sum. 

It can be a good problem to have, but a solved problem gets you closer to your goals.

In this episode of SARA MAKES SENSE, we withdraw the myths about cash and deposit some useable, workable takeaways to solve your cash problem.

It happens.
You don’t want it to happen, but relationships change and employees get downsized. Those two events can have a major impact on your finances. There are ways you can navigate both.
Smart, calm, and comprehensive planning is the FIRST step.
Sara works with separating couples and workers who are resetting or even retiring after a layoff.
She offers impactful insight in SARA MAKES SENSE 

HERE are the show notes for the March 2021 episode with James Rhodes, tax lawyer.

 

Notes include details on the 3 available methods for deducting expenses relating to working at home in 2021.

 

Notes are intended as general information only.  For specific advice related to your particular situation, please consult with your tax or legal professional.

 

 

 

 

 

We all know what a financial planner does, right?
We make assumptions.
We believe they are doing all the right things for us.
Sara McCullough breaks down the myths, and the mistakes people make, when working with their financial planner, or choosing one.

They are the planner, but it is your money, it’s YOUR plan. That makes sense.