Basic Financial Concepts
Certain basic concepts are essential to understanding the importance of strategic
planning. Recognizing the impact of such factors as inflation, compounding, real rates of
return, and demographic influences are a sound starting point.
Taxes And Tax Planning
Knowing how the Canadian tax system works and what can be done to reduce the amount of tax
that is paid is the focus of this module. Suggested strategies illustrate how Canadians
can keep more of their money working for themselves, resulting in significant long-term
Budgeting, Cash Flow and Debt Management
Major expenses such as mortgages, car loans and the costs of raising a family are high at
a time when people are getting started. How can they balance these obligations while
trying to enjoy their current lifestyle and save for the future?
This session deals with the risks that can impair or stop an individual's earning power.
Specifically, the topics of life, disability and critical illness insurance are examined.
Planning For The Future
Although such things as retirement and tuition costs may seem to be far off in the future
when youre just starting out, small sacrifices made today can foster huge results
down the road. Having a plan and starting early are two key messages covered in this
Investing and Portfolio Structure
What is the best approach to investing in order to balance risk and return? This session
deals with investment alternatives, the costs of investing and the portfolio approach that
differentiates investing from speculating.
Sources Of Retirement Income
This material examines the best use of personal assets, government entitlements and
employer sponsored programs in structuring retirement income.
This section looks at some basic estate planning issues including the use of wills and
trusts. The content is applicable not only to the participants but also to their parents
because of intergenerational wealth transfer issues that may impact both parties directly.