By Karin Mizgala, co-founder and CEO money Coaches Canada
These are disquieting times. The way we live has been upended. For many Canadians, after their physical health, their financial well-being has been top-of-mind. And while many financial investments have bounced back from the shock they took earlier in the year, uncertainty is still with us.
This is especially true for retirees who are already drawing from their investments. At a time when they thought they would be travelling and pursuing personal goals, many find themselves feeling anxious and financially vulnerable.
But like in any stressful situation, it’s good to take a deep breath, look at the whole picture and take focussed action when and where possible. Continue reading
COVID-19 has rattled us to the core. It has threatened our health and taken lives. It has damaged our economy and taken livelihoods. It has physically kept us apart, yet we have pulled together. When this is over we won’t be the same. But maybe we can be better.
We invest to secure our future, and for years that predominantly meant securing our financial future. With that end in mind, a significant criterion for choosing an investment was its financial performance. But for many investors, there has been an evolution of what securing our future actually means.
This is a hard time to focus on the future. If your employment or income has been impacted by COVID-19, understandably your short-term security and immediate bills are your primary concern. That makes sense, you need to take care of yourself, your family and your community and to make sure everyone is safe and healthy.
The most difficult thing for all of us is that no one knows for sure, and that includes our experts and leaders. Instead, we are being asked to sit tight, stay in the moment and wait. This is not comfortable for an action-oriented world where speed and growth have been our norms. 
Few people look forward to tax time, but with the help of a good software program it doesn’t have to take long or be painful. Most of the well-known options available to Canadians are quite similar, so how do you choose which one to use? The differences arise around support and which features are offered at what cost. Here is a quick overview of some of the most popular options. 
