True Costs of Financial Procrastination
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Have you ever thought, "I’ll start saving next month" or "I’ll get serious about my financial strategy next year"? If so, you’re not alone.
Procrastination is something we’ve all been guilty of at some point. However, when it comes to your finances, the costs of waiting can be much higher than you think. Let’s explore three ways financial procrastination can quietly derail your dreams: buying a home, traveling the world, and enjoying a comfortable retirement.
Difficult House Transitions - Buying a home is a significant milestone, but financial procrastination can make the dream of homeownership feel like a distant mirage. If you delay...
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Insurance Essentials for Small Business Owners
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Starting a small business often begins with a great idea and a desire to build something meaningful.
For many owners, their business isn’t just a source of income–it’s how they provide for their families. But here’s the thing: most small businesses rely heavily on the health, skills, and vision of the owner or a key employee. If something were to happen to that person, the impact on the business, employees, and their families could be devastating.
Unfortunately, many business owners focus so much on reinvesting in their businesses that they overlook a crucial part of their financial strategy–protection against the unexpected. Without a plan for contingencies like illness, injury, or even death...
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The Retirement Dilemma: Part 2
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In retirement, most people aim for financial security–but rising costs can make that harder than expected. Let’s talk about it.
Many seniors prefer to invest in "safe" options, but here’s the reality: your expenses don’t stay the same. Costs like hydro bills, property taxes, and healthcare typically climb year after year. So, what’s the plan? Either spend less, dip deeper into your savings, or find a balance between the two.
The big challenge? Making sure you don’t outlive your money!
Tightening the Belt - Cutting back can help, but only to a point. Downsizing your...
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"Real change, enduring change, happens one step at a time.”
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This material was prepared by AdvisorNet Communications Inc. on behalf your Investment Advisor, Mike Nixon, with Aligned Capital Partners Inc. (“ACPI”). This material is provided solely for general information and should not be considered individual investment advice or construed as an offer or solicitation to buy or sell securities. The information contained herein may not apply to all types of investors. Before acting on this material, please seek professional advice, as appropriate, based on your personal circumstances. All opinions expressed and information provided herein are subject to change without notice. Although this material has been compiled from sources believed to be reliable as at the date of publication, we cannot guarantee its accuracy or completeness. All charts and illustrations in this document are for illustrative purposes only and they are not intended to predict or project investment results. In considering any particular investment, please remember that past performance is no guarantee of future performance. ACPI is a full-service investment dealer and a member of the Canadian Investor Protection Fund (“CIPF”) and the Canadian Investment Regulatory Organization (“CIRO”). Investment services are provided through ACPI. Only investment-related products and services are offered through ACPI and covered by the CIPF. Insurance and financial planning services are provided through Cornerstone Financial Management Inc. Cornerstone Financial Management Inc. is an independent company separate and distinct from ACPI.
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Cornerstone Financial Management Inc.
380 Wellington St, Tower B 6th Floor, London, ON N6A 5B5
Ph:(519) 204-2495
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