Design Your Future Financial Services - Brought to You by The Financial Engineer

Most likely the biggest lifetime expense you will encounter is TAXES.  If you invested $1,000 each year in a tax-sheltered plan for 30 years at 10% interest it would you give you just under $165,000!  That would be exciting result from your money that was yours all the time, but it also means that the $30,000 (30 years times $1,000) produced $135,000 of compound interest that the government was getting instead of you.  Do you feel they deserve it?  Then why let them use it? March 1st is the last day to contribute to your RRSP to receive a deduction in your 2017 income taxes.  Would you rather pay the government your money or would you like to invest in yourself? If you would rather invest in yourself and learn more, I'd be happy to send you "Wake Up and Smell the Taxes" - a book that I read back in 2008 that "woke me up!", for FREE. Simply email smaclellan02febc@wfgmail.ca to receive "Wake up and Smell the Taxes" by The Canadian Financ...

Happy New Year - I hope your new year is off to a great start! When thinking about the new year consider this – time can never be regained. Last year is gone. It's what we do this year that counts now.  2018 will the year of many great things! We will continue to work hard to ensure a solid financial future for families across the Maritimes and beyond.   Education is the first step, and that's where you come in -  what would you like to learn more about?  Your feedback is important and will influence the topics of this biweekly newsletter. Post your ideas below Bitcoin? MJ stocks and other investments? How $$ works? Insurance Tips? Leadership? New Careers? Trends for 2018? How to control time and income? Budgeting tips? Taxes and how to reduce them? RRSP vs TFSA? PK Subban? This newsletter will be educational and beneficial but better yet, let's get together to discuss your strategy for putting time on y...

www.maritimesuccess.com Did you know there's 55 days left in 2017?  Actually, this article was written yesterday, so there's 54.  54 days to achieve your annual goals!   Remember, the ones you made back in January? Most managers and people will lower their annual goals in order to achieve them, but not you - you are going to 10X your efforts to achieve that big, hairy, audacious goal!! A goal without a plan is simply called a dream.  Here are some tips to help you reach your year end goals, by starting with a simple plan and then 10X your efforts to get 'er done! Relationship Goal:   Read "The Five Love Languages" by Gary Chapman.  You and your spouse will thank me when you do. Fitness Goal:   Start simple.  Eat an apple a day.  Take the stairs instead of the elevator.  Floss. Financial Goal:   Christmas is just around the corner.  Avoid putting all those gifts on credit and start an inves...

Summer is here!!  Woot Woot!  What's your favorite summer activity? One of my all time favorite summer activities! Boating? Swimming? Fishing? Camping? Bonfires? BBQ's? Ensuring Financial Success? Wouldn't you agree that all your summer activities would be even more fun if you were financially independent?  Would your favorite activity be more enjoyable if you knew you were working towards your financial goals at the same time?  Imagine hanging out with friends and family while camping, at a BBQ, or catching that big fish and actually becoming wealthier, your net worth increasing instead of decreasing! True success is not only having wealth.  Focusing on wealth, health, AND relationships: the Trifecta will lead to true success .  Relationships and health generally increase during the summer months, unfortunately, wealth for most, decreases.   The reason for this decrease is not what you may think - it's not because of th...

Congratulations!!!  Welcome to parenthood!   Everyone reacts differently to this phase of life.  We were shocked by how much unconditional love we had for our children when they entered the world – who else would you throw yourself in front of a bus for?  When Rowen, our first born arrived, we unwisely threw $10K into a scholarship RESP out of pure emotion.  5 years later that $10K is now $9373 due to fees and charges.  I’m writing this article so you don’t make the same mistakes we made, and to ensure you that there are several ways to save for your child’s success, even if post-secondary school is not in the cards.  If you are lucky enough to have $10k, there's a better way to invest than we did, but even $50 - $100/month can make a HUGE difference!! Option #1 – RESP (Registered Education Savings Plan) – Growth Plan Pros:   Government matches 20%, 30% or 40% and investment can take advantage of compound growth. Catch : Grant...

The struggle is real here in Atlantic Canada, and so is the need for the services that my team provides at Your Financial Potential  ( www.yourfinancialpotential.ca ).   We help families and professionals of all walks of life by ensuring they have the proper insurance protection, save $$, and help focus on what is truly important - family/relationships, health, and wealth. Let me introduce myself.  My name is Stephan MacLellan, my friends call me Steve.  Three years ago, my wife, almost two year old son, and one month old daughter returned to Nova Scotia for a promising career as the foremost hydraulic fracturing expert in Atlantic Canada.  My motivation to move back was personal:  my heart has always been in the Maritimes and looked forward to making the province we loved even better - a place where our children would grow up as Bluenosers, AND STAY to contribute to its’ growth and prosperity.  As fate would have it, 8 months after moving ...