Categories: Ask Your Money Coach

How to Enjoy the Holiday Season without Paying for It in January

Posted on: December 5, 2023

By Liisa Tatem, CPA, CA, CFDS, CFP® Christmas can be like a runaway sleigh. You’re bundled up and warm, enjoying the dips and turns of holiday fun, when you realize that your budget bounced off the sleigh into a snowbank and … Continue reading →

Posted in Ask Your Money Coach, Budgeting and Cash Flow, Money Coaching


How to Make the Most of Your Inheritance

Posted on: October 17, 2023

By Janet Gray, B.A., B.Admin, CFP®, EPC, CPCA Waiting for an inheritance is not a solid financial plan, but the fact is in the most recent available Survey of Financial Security (2019) Statistics Canada reported that the total net worth of … Continue reading →

Posted in Ask Your Money Coach, For your information, Money Coaching, Will & Estate Planning


Should I take CPP at age 60?

Posted on: January 9, 2020

By Barbara Knoblach, PhD, CFP® With every changing season or life stage, we tend to reflect and look towards the future. We hold memories close and feel excited about what is to come. Such reflection is an opportunity to pause … Continue reading →

Posted in Ask Your Money Coach, For your information


How to Manage Your Inheritance

Posted on: June 4, 2019

By Karin Mizgala, Co-Founder and CEO Money Coaches Canada Canada is on the verge of a colossal transfer of wealth from one generation to the next. Baby Boomers are expected to inherit roughly $750 billion by 2026; the largest shift of … Continue reading →

Posted in Ask Your Money Coach, Will & Estate Planning


How You Approach Investing Should Evolve as You Age – Part Two

Posted on: October 17, 2018

By Karin Mizgala, CEO and Co-founder, Money Coaches Canada In part one of this post, I wrote about financial and investment considerations for those in their 20s. If you read that article, you may remember that I mentioned time as being one … Continue reading →

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


RRSP vs RESP: How to Make the Right Choice

Posted on: February 23, 2018

By Karin Mizgala, Co-Founder and CEO Money Coaches Canada 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 … Continue reading →

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


How Can My Home Equity Support My Retirement Goals?

Posted on: June 7, 2017

By Christine Williston, B.A., FPSC Level 1® For older Canadians, with a paid or almost paid mortgage, ever increasing home values feels like watching winning numbers come up in the lottery. But how best to cash in the ticket? Or should it even … Continue reading →

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


How Do I Take Money From My RSP in Retirement?

Posted on: April 12, 2017

By Tom Feigs, CFP®, CET What do you think when you hear the term RSP? If you are like many people, you probably think: contributions. Certainly the banking industry focus is on RSP sales, because that’s where they make their money. … Continue reading →

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


I Make a Good Income, But Can’t Get Out of Debt. What Should I Do Differently?

Posted on: March 22, 2017

By Kathryn Mandelcorn, FMA You did all the right things. You went to school and earned a good education. You’ve worked hard and been promoted. You earn upwards of $100,000 a year; yet increasing debt has your stomach in knots. You … Continue reading →

Posted in Ask Your Money Coach, Debt


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

Posted on: February 22, 2017

  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