Iron & Pearl Financial

Today is the 9th annual "Talk with our kids about money" Day! What kinds of things do you discuss with the children in your life, when it comes to money and finances? Check out our resources page for links to some great sites with tools for teaching: ironandpearlfinancial.ca/blog/2021-vision-planner/

Does this surprise you? Thoughts?

Wishing you a wonderful Easter Sunday.

Today's the day when companies roll out their "new" products and "offers"! Check ours out! You just need to send us some info and money to qualify! ........ Happy April Fool's Day! :P #beaware #internetsafety #april1st

If you could cure ONE disease, which would it be?? Tell us in the comments Critical Illness Insurance is a policy that pays you a lump sum of money based on the diagnosis of a critical illness. It can protect you from the risk of the big 3: Cancer, heart attack, and stroke.... And can cover you for many more, depending on the policy you choose. It's different from Disability insurance in that it is not based on your ability to work or your income level. It's paid after surviving the diagnosis of a qualifying critical illness. Making it a great policy for self-employed people! We often combine these policies with Disability Insurance because it can cover unexpected costs. Like over-the-counter medication, outfitting if your abilities have changed, and replacing your partner's income. They will likely need to take time off of work to bring you to appointments, care for the family, the home, and most other things. They're also very affordable policies. Watch the video to learn more!

Watch with us this afternoon! Financial Skills for the Modern Family - Noon Oct 1st.

Here's a quick overview on what may be replacing the CERB. Three new benefits are in legislation right now, with the hopes of being available in October. The Government site literally updated while the video was being edited...so that's how quickly things change. See details and eligibility here: https://www.canada.ca//departm/economic-response-plan.html... News article here: https://www.cbc.ca//pol/cerb-ei-benefits-covid19-1.5743537 Here are some resources from FP Canada about managing finances during this continued time of uncertainty: https://www.financialplanningforcanadians.ca/covid19 #cerb #ei #benefits #working #employment #finances #canada #yyj #financial planning

The CERB ended the other day and there are three new benefits proposed to replace it, in addition to temporary changes to the EI program. Check out the Government's site for more details and updates: https://www.canada.ca//departm/economic-response-plan.html #CERB #EI #benefits #yyj #finances #employment

Want free premiums? It's possible! But only if you apply BEFORE December 1st A major Canadian Insurer is offering three free months of premiums for their Term 20, Term 30, and Term to 65 from Sept 1 to Dec 1, 2020.... If you have been waiting to get Life Insurance, now is the time! Send us a message to look at your options

Take charge of your finances! Check out the great resources below for free. If you're ready for the next level, and need one-on-one coaching, chat with us.

There's a simple trick my husband and I are using to teach our kids about the power of compound interest. If you aren't sure what that is, watch our IGTV "How To Get (And Stay!) Out Of Debt!" The trick I will teach you about in this video is an influential way to teach your kids about consistant investing and make them some money

"There are very few expenses that just pop out of nowhere when we start adding kids to the equation. Most of the time they are expenses that you already have in your life but you just see those expenses inflate when you start having kids" - Joel & Matt on the How To Money Podcast @howtomoneypod If you've found yourself amazed at how much kids cost, you'll like this episode!... It has great advice on cutting costs and managing the expenses of a growing family Click to listen! https://www.howtomoney.com/how-much-do-kids-really-cost/

2019 statistics from the Canadian Life and Health Insurance Association (CLHIA). We're getting nerdy on statistics over here Now, we know someone is asking, "Okay, but how much did the Insurers make?"... $117 Billion in premium revenue. If you want more numbers, search for "CLHIA facts 2019" See more

How can I make my group health coverage more affordable? It's a question that many Employers ask Maybe their business is small, the cost of Health Insurance is too high, or their group needs are too diverse for an Insurance plan.... If your Business is Incorporated, include Health Spending Accounts in your search! Watch the video to learn what they are, who they're for, and a trick for saving money on your group health insurance premiums

Writing off the premiums paid for a disability insurance policy, as a business expense means the benefit can be taxable... Normally, if you get hurt or sick, and qualify for a claim, you would NOT have to pay tax on your benefit income. BUT if you are a business owner or self-employed and you've been writing off your premiums as an expense, you will have to pay tax on the benefit you're paid.... Why? Because you can't get out of paying taxes! We advise our Clients NOT to write off their Disability Insurance Premiums so that they can keep their whole benefit. If you are an employee with disability coverage, check to see if you are paying the insurance cost yourself. If you are paying, the benefit is tax-free. But, if your employer is paying, they are likely claiming the expense and the benefit will be taxable. #letstalkmoney #canadianbusinesses

Health Spending Accounts are a great way to keep your Health Insurance premiums at the same price each month. They allow businesses to make sure they have coverage for their team's biggest concerns, at a price they can afford. Watch the video to learn more about when you would want a Health Spending Account vs. (or with!) a Group Insurance Plan!

With Certified Financial Planning Professional, Alyx Valdal

Happy Labour Day! Traditionally, the day was full of different activities: parades, speeches, games, amateur competitions, and picnics Let us never forget the power of standing up for what's right, together

WE HAVE A TREAT THIS MONTH! Our fearless leader, Alyx, recorded a presentation on Disability & Health Insurance Options for Small Business Owners in BC. We're going to share clips of her presentation with you this month, to give our busy business-owning friends the chance to learn about their options in bite-sized-pieces! ... If, at any point, you have a question, need a resource that she offers, or want to look at your options, send us a message! We're starting off the series with the longest video - an overview of your options. Traditional plans Individual plans Private Health Spending Plan Health Spending Account Let us know your top question below!

Advisors Brittany and Alyx met up today in person (distanced). It was good to share a coffee and tea and catch up!

What do you do to feel better when you're stressed or upset? For many of us, it's shopping Whether it's online or in a store - we're looking for something to make us feel better and reward us for our frustrations.... But, if you've read this far, you probably know that the habit can quickly get out of hand. 63% of Canadians admit to impulsive shopping and we spend about $8.8 BILLION on it collectively, every year It’s easy to get stuck in a ‘stress and spend’ cycle of feeling bad for your purchases, getting stressed, then emotional spending, even more, to try and feel better. If you want to break that cycle, visit our blog for the 5 steps to stop emotional spending https://ironandpearlfinancial.ca/blog/stopemotionalspending/ See more

Mindset makes a big difference!

Debt can be overwhelming. And there are so many things to consider when paying it off! Jen is breaking it RIGHT DOWN and giving us 3 steps to pay off and manage our debts! Know your debts... Manage your debt vs. savings Figure out your game plan This is from our LIVE "How To Get (And Stay!) Out of Debt." Find it on our IGTV!