You’ve landed your first job as a lawyer and the paycheques are coming in. It feels great to finally have an income after so many years in school and you’re determined to pay off your student loan as quickly as possible.
Many Canadian lawyers likely have some form of critical illness insurance but very few know what to expect should they have to file a claim and start taking advantage of their benefits.
Canadians have skipped the dishes, sure. But we’ve also skipped vacations, and haircuts, and dry-cleaning, and fill-ups and more — and it’s all added up to the highest household savings rate in history. How will you use this rare opportunity to fast-track your financial plan?
If you've used GPS, you’ve probably driven down roads you wouldn’t have chosen and through towns you’ve never heard of. That’s a little like a financial plan.
There are very clear and compelling reasons why life insurance may be a better option than mortgage insurance. It's all about control, flexibility and cost.
According to surveys, about 80 per cent of New Year’s resolutions fail by the second week of February. So how do the 20 per cent who succeed stick to them?
2020 is hindsight. In this post – the final in a series of 3 – the advisors and staff at Lawyers Financial reflect on what we’ve learned, what we’re grateful for and what we’re looking forward to as the calendar turns.
One afternoon not long ago, Steve Wise, a Lawyers Financial Advisor in Southwestern Ontario, got a call from his client, an established lawyer in Windsor, who had just been diagnosed with lung cancer. It came as a complete shock.
Thinking about taxes can feel like a low priority in a year when so many people were forced to deal with the fallout of an economy in flux. It’s hard to imagine anyone whose life and finances were not disrupted this year.