UPotential is a fee-for-service financial planner – meaning that our compensation is based on a transparent, pre-established rate agreed upon before our engagements begin. We do not receive any compensation from, and do not offer, the sale of any investment or insurance related products/services. As a UPotential customer you will be under no obligation to utilize any particular investment or insurance product/service to action any of the plans we create. If you wish to engage the services of ETF Capital Management – a registered portfolio manager – you should be aware (and will be made aware at the time) that UPotential is under common ownership. Our goal is to help you get the most out of your money – so we will act always in the best interests of our clients, with full transparency, and in a manner which aligns our interests accordingly.
Hire Education: Four Reasons To Force Your Kids To Work This Summer
Today, more teens are employed than they have been in over a decade. As of May, the Bureau of Labor Statistics shows unemployment rates for ages 16-19 among the lowest in the past 68 years. That’s good news for anyone contemplating the next generation of leaders – and for our economy.
3 Things That Won’t Make You Happy
We have been told that money doesn’t buy happiness since time immemorial. And yet, we still pursue wealth with longing and determination; sacrificing sleep, health, relationships and time.
Why Financial Education Is Essential for the Aging Spouse Who Does Not Manage The Money
As many of my clients know, I worked at a provincial office that managed the money of Ontarians who lacked mental capacity before embarking on private practice.
What You Need to Know About Marriage and Money
Wedding season is upon us. Money management is so foundational to a successful relationship that it is often the leading cause of divorce.
Financial System can ‘Absorb’ Shock of Higher Interest Rates, Canada’s Banking Regulator Says
Higher interest rates may be unpleasant but banks have been bracing us for this trend for some time as evidenced by the stress-tests imposed on mortgages.
Easy Financial Health Fixes Before Retirement
This article explains financial planning perfectly. If we use the medical analogy, a fee-for-service planner is like your family doctor or general practitioner.
Nearly Half of Millennials Live Paycheck to Paycheck
I will never understand why people like to classify entire swaths of the population and make conclusions on them based solely on age.
Did you receive CRB last year? How to know if you’ll take a hit at tax time
The tax deadline is April 30th and many Canadians will soon be turning their attention to getting their tax slips in order.
How Retirees Can Lose as the Gamification of Monte Carlo Analysis Proliferates
Who wouldn’t want a statistic indicating whether your accumulated wealth will support you throughout retirement across a randomized series of investment returns?
Early RRIF withdrawals could leave your kids more
This article compares two brothers – named after a self-proclaimed penny-pinching comedian – who deploy two very different RRIF withdrawal strategies and explains the difference in their estate taxes