WELCOME to the MONEY SECRETS BLOG

Trusts are a valuable tool for effective estate planning in Canada and the US because they allow you more control over the distribution of your assets. But not everyone needs a trust.

Budgeting has a bad rap! Why? Because, in many cases, budgeting feels so restrictive that people “fall off the wagon.”

But budgeting (even for your family) shouldn’t feel restrictive. Budgeting is about learning how to feel empowered when you spend.  I achieve this by setting aside money for the things that I really want instead of just impulse spending. When I budget for something that I want, it feels great when I buy it!

Growing up, my mom was always someone who couldn’t resist a sale.

But I started to notice that this can be a trap because…

When manifesting money, you can use certain words, phrases, or sayings to help re-program your thinking.

My favourite phrase for manifesting money is, “There is more than enough money for me and my family.” It makes me feel abundant and connects me to my family. (They’re who matter the most, after all!)

Just remember that manifesting alone isn’t enough to completely transform your life. You also have to take action.

Come up with a plan to help you achieve your goals and dreams, and then act upon that plan. As you move forward, you’ll gain new information that will help you…

My most important money mindset tip is to become aware of your limiting beliefs about money. 

Wondering when to use a trust for estate planning? You’re not alone. Estate planning is a complex topic. The answer will depend on where you live and what your goals are.

Wealth manifestation is the practice of creating the financial life you desire by first shifting your mindset.

The 1/3 third rule of budgeting is a financial planning classic. Let’s go over this simple rule of money management in brief, so you can get started budgeting and saving!

The 1/3 rule of budgeting is a simple financial guideline that suggests allocating your after-tax income into three broad categories: home, living expenses, and saving and investments.

The ⅓ rule for budgeting will help you avoid overextending yourself, particularly when looking to purchase a new home or when finding a place to rent.

However, this rule doesn’t work for everyone…

If you want to attract more money into your life, there are five key steps you can take.

Money blocks usually develop when you are young and impressionable. They are things you learn and subconsciously take for granted. You believe them to be an absolute truth. 

What happens to bank accounts when someone dies without a will in Canada? Generally, if someone dies without a will in Canada, their bank account will be frozen until their estate is settled. The distribution of their assets, including funds in their bank account, will follow the provincial or territorial laws.