Category Archives: Ask Your Money Coach

Ask a Money Coach: Which tax software would you recommend?

  Around this time of year our Coaches are often asked which tax software they would recommend to individuals who would like to file their own taxes online.  Here is a round-up of responses on three of the most popular … Continue reading

Posted in Ask Your Money Coach


How Do I Break Up With My Investment Advisor?

By Steve Bridge, B.A. (Hons.), FPSC Level 1® How did you choose your investment advisor? If you are like many Canadians, your advisor is the one who had an open slot when you called your bank for an appointment, three, five … Continue reading

Posted in Ask Your Money Coach, Investing


Are You Ready for the Truth About Your Investments?

By Karin Mizgala, Co-founder and CEO Money Coaches Canada Choosing a focus word for the year ahead has become a popular New Year’s activity. Words like flourish and balance are trendy, unless you work in the financial services industry, where … Continue reading

Posted in Ask Your Money Coach, Financial Literacy, Investing, Money Coaching


RRSP vs RESP: How to Make the Right Choice?

By Bruce Q. Thompson, B.Admin, CFP® From the moment our children are born we want the best for their future. Success is never guaranteed, but we hope to be able to offer them opportunities. And what better opportunity is there than … Continue reading

Posted in Ask Your Money Coach, Investing, Money Coaching, Retirement savings


6 things to consider before investing in a rental property

By Karin Mizgala, co-founder and CEO Money Coaches Canada The average Canadian house price hit $508,567 in March however that number is skewed by the incredibly hot real estate markets in Vancouver and Toronto. If you remove those markets from … Continue reading

Posted in Ask Your Money Coach, Investing


Should I take CPP at age 60?

By Barbara Knoblach, PhD Choosing the most optimal time to apply for Canada Pension Plan (CPP) benefits would be easier if you had a crystal ball to see into your retirement years; but with a bit of calculated foresight you … Continue reading

Posted in Ask Your Money Coach, For your information


Three reasons to stick with a defined benefit pension plan

By Karin Mizgala, co-founder and CEO Money Coaches Canada Retirement planning can raise a lot of questions and feel overwhelming to many Canadians, so I was very pleased when The Globe and Mail newspaper asked me to be one of … Continue reading

Posted in Ask Your Money Coach, Retirement savings


Financial Literacy: Join the Conversation

By the MCC Financial Literacy Team November is Financial Literacy Month in Canada and in our  November 4th blog post Money Coach Melanie Buffel asked readers, clients and fellow Money Coaches to share personal stories about their financial journey. She challenged … Continue reading

Posted in Ask Your Money Coach, Financial Literacy, For your information, Money Coaching


Money Coaches in Conversation – What you should understand about fees and financial advice

Recently Money Coaches Canada co-founder Karin Mizgala sat down with Money Coach Noel D’Souza to discuss the changing landscape of financial advice in Canada. Karin: As someone in the financial industry, it’s very common to be asked by people outside the industry, … Continue reading

Posted in Ask Your Money Coach, For your information, Investing, Retirement savings


Glossary: Mortgage and Equity terms

Every profession, sport and hobby has its own expressions, jargon, and acronyms that can leave those less familiar with them a little lost or confused. Helping our clients understand the language of money is one of the things our coaches take pride in, … Continue reading

Posted in Ask Your Money Coach, For your information, Glossary of Financial Terms