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Jan 26, 2019

If you can sell your assets, pay the taxes (there’s a tax hit when you cash in an RRSP), and have enough to pay off your debts, it may make sense to sell your assets to pay off your debt.  But, if your assets won’t cover your debts in full, there may be a better option.

On today’s podcast we discuss how to...


Jan 19, 2019

Whether your inheritance is included in a bankruptcy depends entirely on when you become entitled to receive the proceeds. As this is a complex issue, I talk with Ted Michalos and we take a detailed look at bankruptcy implications for inheritances. 

While we discuss inheritances and bankruptcy specifically in this...


Jan 12, 2019

The best way to control your auto expenses is to buy a car you can afford.  This keeps your monthly car loan payments low (since you borrow less) and ensures that you don't over-finance. But how do you buy an affordable car that fits within your budget?  Should you buy new or used?  If it's used, how can you know it's...


Jan 5, 2019

Every financial guru says that achieving success starts with setting a goal.

I disagree.  While there is some benefit to setting goals, you are more likely to achieve success if, instead of focusing on goals, you have a system. I discuss goals vs systems on today’s podcast. Listen or read the transcript below.

This is...