Myste Kruger Financial Services

Are you finding it difficult to stay on top of your expenses and save money during the pandemic? Here are steps you can take to navigate changing financial situations as the pandemic endures.

Do you remember who you have designated as beneficiary on all your investments and insurance? This is a sobering reminder of why that’s so important, and why discussing it is part of all our client reviews. https://www.cbc.ca//registered-retirement-savings-plan-ben

An excellent reminder for all Moms, today and everyday. Happy Mother’s Day!

I caught a glimpse of something that mentioned Administrative Professionals’ Day and panicked. I thought oh no, I’ve missed it. A Google search turned up 3 different dates for when we celebrate it in Canada this year. I don’t know which is correct, but I’m going with this Google search that says it’s today! Happy Administrative Professionals’ Day Charity Marlin! You are truly wonderful, smart, kind, caring, efficient and exceptional in every way. You are such an asset and a blessing to us and our clients, and we just love you so much!

Providing our children with a strong understanding of their personal finances helps them make smart decisions about their money and sets them up for success! Click below for some great tips to start the conversation!

Wow, there is a day or month for everything! We bet you didn’t know that April is Records and Information Management Month?! Read on for some great tips!

Welcome, Spring. We’ve missed you!

Enjoying my favourite coffee mug this morning and wishing everyone a wonderful, snowy day!

Happy St. Patrick’s Day!

It’s quite surprising how much misinformation circulates on social media about Covid-19. Getting vaccinated will not affect your insurance coverage.

Here are some helpful financial tips for these unprecedented times.

If you’ve ever interacted with our fantastic Charity Marlin, you know what a special person she is. She goes above and beyond for us and our clients every day, and we are so grateful for her. Please join us in wishing her a very Happy Birthday!!If you’ve ever interacted with our fantastic Charity Marlin, you know what a special person she is. She goes above and beyond for us and our clients every day, and we are so grateful for her. Please join us in wishing her a very Happy Birthday!!

Have you ever wondered whether you should contribute to your RRSP or TFSA? Here is a helpful article on that very topic. You’re welcome.

Millions of Canadians working from home could qualify for a new tax deduction. https://www.cbc.ca//pol/cra-tax-deduction-covid-1.5842048

This is beautiful, it will put you in the holiday spirit! Very impressive Grande Prairie DownTown Association!

As Christmas is quickly approaching, it’s a wonderful time to reflect on the many things we are thankful for.

Did you know.....your bank can take money from your investments to cover bad cheques? Read this news story and you'll likely want to consider holding your investments separate from where you bank. https://www.cbc.ca//tangerine-account-raided-job-scam-1.58

Thank goodness the tree is up, finally a place to hide from the robot vacuum!

Our hearts are full here at Myste Kruger Financial Services. We are so grateful to be a team that also feels like family! Soaking in the Christmas vibes!I received the biggest, most beautiful poinsettia ever from my amazing boss-friend and her husband. I’m so grateful for the love & kindness! Thank you again Myste and Len!

Meet my daily companions, Tabitha and Bubbles. The office environment sure looks different than it did a few months ago.

How would $10,000 help your small business? Apply to receive a Canada Life Business Boost grant. Applications are open to businesses with 1-150 employees until Nov. 12, 2020. Apply at canadalife.com/businessboost #CLBusinessBoost #ForLifeAsYouKnowIt

The COVID-19 pandemic has had a dramatically negative impact on the financial health of Canadians, with nearly one third (30%) believing they will never financially recover from the crisis. The good news is, working with a financial planner can help! https://www.financialplanningforcanadians.ca//coping-with-

Have you reviewed your finances lately?!?

I love the messages my calendar gives me each day. This is what we do, we give our clients our undivided attention and we listen. Because your struggles, goals and dreams are different than everyone else’s.

This is our wish for you this week:

The responsibility of settling an estate may add an overwhelming amount of paperwork while you are dealing with grief. Estate at Ease can help you finalize your loved one’s estate faster by preparing forms and documents for you. Learn more: http://ow.ly/rjWT50BMkUb

Wishing everyone a wonderful long weekend, we’ll be busy counting our many blessings! (Please note the COVID compliant gathering of 9 people and a Snoopy!)

You may get up to four free months of premiums on select term life insurance products. Term life insurance offers simple and flexible coverage for all stages of life from buying a home to having a baby, or starting a new business. Now, it is more affordable with our special introductory offer. Learn more: http://ow.ly/7zrq50BsR8L

Looking for some stress reducing tips during these trying times? We know someone who thinks cat yoga is the way to go!

Apparently it’s take your cat to work day! Have a great weekend everyone!

I’m so proud that the Lacombe Public Library is producing a calendar filled with my son’s photography. My tag isn’t working, but his page is Travis Johnson Photos. You can go to the library’s page to vote for the cover photo and order calendars.

Did You Know.....many travel insurance providers are starting to offer coverage for COVID-19? Over the past few weeks, we have had several inquiries from clients regarding purchasing COVID-19 coverage for travel. Despite the fact that there is still a government advisory warning against international travel, many carriers are starting to offer coverage. However, it's important to know that some policies have limits that may be too low, and there could be concerns with ho...spital bed and treatment availability, and the ability to return home. Here is a great article on the topic: https://www.cbc.ca//covid-19-coverage-travel-insurance-air

It seems that most businesses (including ours) sometimes find themselves scrambling to find items to post on social media, because that's what we're "supposed" to do, it's expected of us. I've been giving some thought recently to what sorts of posts would be truly valuable and helpful to people. So, I've decided that when I deal with a case, or come across information that I don't think is widely known, I'll just tell you about it. It may not happen regularly, but if I have... insight that might benefit a few people, I'll post about it. I'll call these posts "Did You Know....." So here we go! Did You Know......if you have a child attending a post secondary institution and they are applying for provincial or federal loans or grants, they have to disclose the amount of money they have in an RESP and it will reduce the funding they're eligible to receive. However, money in a TFSA does not have to be disclosed. It therefore might be worth considering withdrawing the RESP funds and depositing them into the child's or parent's/guardian's TFSA. A couple of important items to consider first though...some RESP withdrawals must be taken into the child's income, so you need to weigh the possible consequences of higher income and additional tax owing. Also, a person doesn't start accumulating TFSA contribution room until the year they turn 18, which is why you may need to utilize contribution room available to the parent(s) or guardian(s). Please hit the "like" button if you found this tip informative and would like to see more financial tips posted. Please feel free to comment or PM us if you liked this, or have any questions, or would like more information on any financial topics. Maybe your question will turn into the next tip we feature in "Did You Know....."!

Feeling very grateful to be working from this office for a few days, so happy to finally have wi-fi out here. Hope everyone is enjoying what’s left of summer!

Freeinsurance!? That never happens! Contact us today to take advantage of this rare opportunity, it says bye-bye on December 1st!

An excellent read!