Tre Bynoe
3130 Preston Ave South S7T 0V1 Saskatoon, SK, Canada

Did you know you can gift stocks and other securities to your favourite charities? There may even be tax benefits to doing it. Talk to your accountant or financial advisor to see if this applies to you, because there's only two things certain in lifedeath and taxes. (I swear I'm fun at parties.)... #personalfinance #saskatchewanCFP #saskatoonfinancialplanner See more

Raise your hand if you love arguing with your spouse about money. Of course not! No one likes to argue with the person they love. But many couples blame each other for being unhappy with their finances, which results in arguments. You can't control your spouses money habits, but here's what you can do:... Openly communicate about your goals Look for similarities and differences to better understand the others' goals Create an action plantogetherand work towards each goal you set My wife and I's goal is to replace her income with real estate income, but we're still a few years away from that. That has helped us stay focused, even though we've had to make sacrifices short-term. What's a goal you and your spouse are working towards? #beintentional #financialliteracy #financialadvisor See more

"I'm in debt, where should I start?" Most Canadians carry some debt, either through a mortgage, student loans, business loans, or consumer debt (cars, credit cards, lifestyle choices.) If you feel like your debt is getting out of hand, or is causing you stress, it's time to take action! You should start by: ... 1. Working out exactly what you owe that you need to pay off 2. Creating a budget where you can see how much you can put towards your loans each paycheque 3. Sticking to that budget It may be beneficial in some circumstances to talk to someone about consolidating your loans for simplicity's sake if you've got multiple smaller debts; however, it's not always possible to do. It might feel scary and overwhelming to start calculating how much debt you're in, but it's the only way to move toward an end goal. You'll gain confidence knowing what your timeline actually looks like, and you might be surprised that it's not as bad as you think once you create your budget. Have you been able to pay down a significant debt? What helped you to do it? #personalfinance #beintentional #debt See more

What exactly is financial literacy? Financial literacy is the ability not only to understand but also properly apply financial management skills. Financial literacy's core principles include learning how to budget and manage expenses, effectively pay off and manage debt, and plan for retirement. ... Here's where we run into a problemwhen were you taught financial literacy? Who taught you? How long did you learn about it? What skills do you implement intentionally now to get you where you want to go? It's not your fault if you weren't educated correctly in financial literacy. But, if you want change, you have to take ownership and responsibility for your future and learn. There's so much information out there it's hard to know who to listen to. A rule of thumbif you're going to friends and family for advice, make sure they've successfully achieved what you're wanting to accomplish. #beintentional #financialliteracy #personalfinance #saskatchewanCFP #saskatoonfinancialplanner See more

Raise your hand if you have a TFSA (Tax-Free Savings Account). If you have one, do you know why you have it? What are you using it for in terms of your financial goals? Many people I know have told me that they aren't sure why they have a TFSA, the person at the bank just told them to get one. Then, they continually put money in and take it back out as a short term savings account.... A TFSA can be an excellent tool in a financial strategy if used correctly. However, using it as a short-term savings account that you regularly dip in is not how to use it. #beintentional #financialliteracy #personalfinance See more

What's the one thing holding you back from taking control over your finances? Some people would say their income, others would say they don't know how, and some would say they don't have time. Do you know what all three of these things have in common? They can be overcome. They have simple solutions.... They are excuses. If you want change, REAL change, you have to put some time and effort in. Stop making excuses and start. No one said it would be easy, they just said it would be worth it. See more