It happens all the time. A young woman shows up with a baby bump and is immediately put on the “mommy track.” A new female manager is hired, but she isn’t invited to a dinner meeting with a client because she “probably” wants to be...
When it comes to financial planning, women value financial security above everything. Perhaps that’s why they carry less debt than men[1]; they are more cautious and risk-averse. They tend to focus more on the long term – and they can get better returns that way...
“The road to success and the road to failure are almost exactly the same.” –Colin R. Davis Anyone who sets out to put together a will has the best of intentions. They want to ensure their family is cared for. And in some ways, creating even...
For most people, creating a will is nothing more than a task on a to-do list. You want to finish it up, check it off your list and forget about it. The problem is, circumstances change. You may have gotten married, been divorced, had children, started...
What have you always wanted to do? Some people have a lifelong dream to visit a faraway place, such as New Zealand, Ireland or even Whitehorse. Others dream of owning a cottage in a rural area. For others, starting a new business is their main...
More than half of Canadians don’t have a will. Ultimately, this lack of foresight is a truly selfish decision. It leaves your family members in a terrible position where they have to guess what you would have wanted. Let’s say you didn’t do any estate planning....
If you have an RRSP, a TFSA or a life insurance policy, you’ve probably designated a beneficiary for that account or policy. But did you think it through carefully first? Or did you just write down the first name that popped into your head? Conventional wisdom...
If you’re like most people today, your family situation is complicated. More than a quarter of Canadian children live with only one biological or adoptive parent.[1] You may be divorced and even remarried. You may have kids with more than one partner. In other cases, you...
According to Statistics Canada, women live nearly five years longer than men do on average.[1] They also have higher rates of disability and they may have earned less than men during their working years. They will also have different questions to answer and challenges to address...
Divorce is expensive, particularly for women. Even women who worked throughout their marriages commonly see their income can drop as much as 20% in the immediate aftermath of a divorce.[1] If nothing else, your budget may have to change. The same income that used to support...