Welcome to the Education Station

It’s always a good time to take proactive steps to avoid getting scammed. Here are some tips to help you prevent fraud. 

I have a few tips for increasing your cash flow, managing your spending, and making larger debt repayments.

Debt to Income. This is the percentage of your gross monthly income that goes to paying your monthly debt payments.

Guaranteed Replacement Cost. This coverage permits you to rebuild or replace your property, even if the damage exceeds your policy's limits.

Insurance policies are used to hedge against the risk of financial losses, such as damage to your property or personal injuries.

The general contractor is responsible for the overall coordination of a construction project.

Energy Efficiency Rating. This a measure of how well the systems and/or devices in your home use energy.

Equity Take Out. This is a way to leverage the equity you’ve built in your own home, to pay for things such as renovations.

I have a few strategies to help you manage your mortgage with rising interest rates AND build equity in your home.

Know Your Client. A set of standards required by financial professionals to verify the identity, suitability, and risks involved of clients.

Loan To Value. The percentage of a loan a lender will cover against the appraised value of the property you want to buy.

Canadian Pension Plan. This is a retirement pension that replaces part of your income when you retire.

Your home is one of the most powerful assets you can own. Refinancing is just one way you can make your asset work for you.

Net Income. This is the money you actually get from your paycheque or income each month after payroll deductions, benefits, and taxes.

Refinance is the restructuring of your current mortgage to take secure better interest rates, terms, or increase cash flow.

Insured Retirement Plan. This is a way to leverage a permanent life insurance policy to grow your money, potentially tax-free.

This is an individual who purchases a principal residence for the very first time.

This is the fee investors pay to have professional money managers take care of their mutual funds and ETFs.

Financial Consumer Agency of Canada. This is an agency that's set up to protect you, the consumer operating under two primary mandates.

Cash Flow. This is simply, the movement of money in and out of your accounts. Master your cash flow, and win the budget game!