Mike The Financial Advisor
mikethefa.bsky.social
Mike The Financial Advisor
@mikethefa.bsky.social
41 followers 52 following 250 posts
Licensed Financial Advisor CFP® Professional Ontario, Canada Epic Beard mikethefinancialadvisor.com
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A "milestone" is any event of achievement that marks an important stage in your life.  Think...buying a house, or paying all debt, or retirement, etc.

BTW...I have "CFP" in my bio....just sayin'

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation
First of all...disability insurance can cover more than just physical injuries...but let's ignore that for now...

Nobody thinks it'll happen to them...until it does.  Always hope for the best but plan for the worst.

#MoneyMemeMonday #FinancialAdvisor #FinancialEducation #FinancialPlanning
Last week, for the first time, they added a 30 year bond to the mix which was "well received by investors."

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #ESG #ESGInvesting
This is also the method I typically use if the income fluctuations are caused by overtime and/or bonuses. Forgot to include that in the actual vid 🤷‍♂️
So, as of January 1, 2026...if you were born in 1991 or earlier...and have never had a TFSA before...you can put $109,000 in that bad boy with no over contributions penalties.  You know, incase you happen to find $109,000 in the couch cushions or something...

#FinancialFactFriday #FinancialAdvisor
I have come to the sad realization that I am not as good at Super Mario 3 as I once was.
Sometimes in life ya gotta make the hard choice...and then turn the car's radio up as loud as you can!

;)

#MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #EmergencyFund
I had a short chat about FHSAs at an event last night which sparked this post.

It's a pretty popular account - and for good reason!  If buying your first home is on your radar, one of these should probably be in your plan.

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #RealEstate
THIS IS NOT A POLITICAL MEME!!

It's about financial scams.  The videos are AI...he never said that (neither did Chrystia Freeland or Ryan Reynolds)...please don't fall for it.

#MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #FinancialScam #ItsATrap
I agree with the 89% but I'm also genuinely surprised

When looking at those who had life insurance vs. those who didn't - those WITH felt more in control of their finances and more prepared for unexpected life events - makes sense as that IS the point of getting insurance!

#FinancialFactFriday
Cost was the biggest reason the 65% weren't likely to get it.

That said, it can be WAY less expensive than people think.

#FinancialFactFriday
Thanks! I appreciate the kind words 😁
How the hell do you get your money OUT?!!

Some more previously enjoyed RESP content. (Originally posted last September)

Part 2 in comments...

#FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy #RESP
With kids starting back today, I thought I'd reshare some previously enjoyed RESP content! (Originally posted last August)

#FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialPlanning #RESP
The earlier you start, the easier and more likely it is that you'll hit any goal.

If you'd like to be part of the 25%, send me a message.  I'll help you get there.

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #FinancialPlanning #RetirementPlanning
I completely forgot that we're coming up to a long weekend until an email from a colleague mentioned it.

Good way to start a Wednesday!