Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
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Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
Ep. 11 | Should You Invest or Pay Down Debt? Here's What the Numbers Say
Plain English Finance
38 minutes
3 months ago
Ep. 11 | Should You Invest or Pay Down Debt? Here's What the Numbers Say
Send us a text If you’re torn between paying off your mortgage or investing, you’re not alone, and there’s a lot of bad advice out there. This episode breaks it down with facts, not feelings. Tré uses real planning software to run side-by-side comparisons and shows why—mathematically—investing often comes out ahead. But psychology, discipline, and risk tolerance matter just as much. Whether you're holding low-interest debt or still paying off your credit cards, this episode will help you choo...
Plain English Finance
Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
