In this episode, Matt and Nate are joined by Amanda Forsey Taylor, JD, TEP, a trust and estate practitioner, to discuss the often uncomfortable but essential topic of estate planning. In this discussion, we demystify the process of preparing for the inevitable, and discuss why estate planning is an act of love for those you leave behind.
To learn more visit: https://www.evangelinewealth.com/
DISCLAIMER: The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This presentation was prepared, by Matthew McGowan and Nathan England CFP, for the benefit of Matthew McGowan and Nathan England CFP, Mutual Fund Representative with Evangeline Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Matt and Nate discuss the impact of political uncertainty on finance and investing, using the analogy of "The Mist" to illustrate navigating uncertainty. They highlight the volatility in markets during the 2016 U.S. election and the subsequent market surge. They emphasize the importance of long-term investment strategies over short-term gyrations, regardless of political affiliations. They also address personal finance, stressing the need for emergency funds, insurance, and diversification. Nate shares a case of a client balancing business with family care. They conclude with the importance of self-reflection and planning to mitigate financial risks.
To learn more visit: https://www.evangelinewealth.com/
DISCLAIMER: The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This presentation was prepared, by Matthew McGowan and Nathan England CFP, for the benefit of Matthew McGowan and Nathan England CFP, Mutual Fund Representative with Evangeline Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Matt and Nate are back to discuss the concept of compounding and its importance in personal finance! They explore both sides of the compounding coin including saving early, even with small amounts, and the total cost of borrowing, including the interest paid on credit cards and car loans, and how it impacts finances. Using the example of a penny doubling daily for 30 days, which would result in $10.7 million, highlighting the power of time. They emphasize the importance of long-term thinking, noting that significant growth often occurs over extended periods. They also discuss the impact of debt compounding, where interest can significantly increase the cost of loans. Examples include a $20,000 credit card balance with a 20% interest rate, which could take nine years to pay off, costing an additional $23,000 in interest. They stress the importance of using the right financial vehicles, like TFSAs, to maximize savings and avoid tax interruptions.
To learn more visit: https://www.evangelinewealth.com/
DISCLAIMER: The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This presentation was prepared, by Matthew McGowan and Nathan England CFP, for the benefit of Matthew McGowan and Nathan England CFP, Mutual Fund Representative with Evangeline Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
In the conversation, Matt and Nate discuss the importance of understanding financial tools like RRSPs, TFSAs, and FHSAs. They argue that financial advisors often lead with the tools rather than the purpose behind them, which can be misleading. They emphasize the need to understand your financial goals and the appropriate use of these accounts. They explain that RRSPs are tax-deferred, meaning you get a tax refund when you contribute, but you pay taxes when you withdraw. TFSAs are after-tax contributions that grow tax-free. FHSAs are for first-time homebuyers and offer tax deductions. They also stress the importance of reinvesting tax refunds and planning for future tax brackets. Tune in if you want to demystify these financial tools and make them more accessible to you.
To learn more visit: https://www.evangelinewealth.com/
DISCLAIMER: The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This presentation was prepared, by Matthew McGowan and Nathan England CFP, for the benefit of Matthew McGowan and Nathan England CFP, Mutual Fund Representative with Evangeline Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Your hosts Nate and Matt open this season with a conversation revolving around the challenges of financial forecasting and the importance of understanding personal financial goals. They discuss how economic cycles and life events, such as getting married or having children, influence financial planning. They emphasize that forecasts are imperfect and often lead to misguided decisions. They highlight the importance of understanding one's risk tolerance, time horizon, and intended use of funds.
Listen in for a discussion about navigating your finances in an ever-evolving world climate.
To learn more visit: https://www.evangelinewealth.com/
DISCLAIMER: The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This presentation was prepared, by Matthew McGowan and Nathan England CFP, for the benefit of Matthew McGowan and Nathan England CFP, Mutual Fund Representative with Evangeline Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Are money worries keeping you up at night? You’re not alone. Join Matt, a finance expert with over 20 years of experience, and Nate, a self-employed financial planner with 15 years in the industry, as they help you take control of your financial future.
From financial literacy basics to practical tips for building wealth and avoiding common pitfalls, Matt and Nate bring clarity, empowerment, and a healthy perspective to your personal finances. Whether you're looking to reduce stress, improve your money habits, or simply get answers to your financial questions, this podcast is your go-to guide for navigating the complexities of money management.
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