Jodi Dark 4/1/22 Jodi Dark 4/1/22

ARE YOU LIVING BEYOND YOUR MEANS? PART 1

Do you spend time wondering where your money goes?
Do you feel that you don't have enough money?

Sometimes spending can get out of control. Bad habits can creep up without you realizing it. Those little expenses add up and turn into big ones, and before you know it, you're living beyond your means. Lifestyle inflation is a habit that we see develop sometimes.

If you're beginning to wonder if you're living beyond your means, we've got some examples to help you figure it out.

• You play the comparison game
• Your rent/mortgage costs are too high
• You drive a car you can't afford
• You could add money monthly to your investments for retirement, but you chose not to
• You don't use a budget, but wonder where your $ goes
• You use credit cards for emergencies and don't
save
• You put fun before important expenses or savings
• You don't prioritize insurance when you can afford it
• You make good money, but spend it all

Jodi Dark 3/9/22 Jodi Dark 3/9/22

WHAT TO DO IN YOUR 20’S THAT WILL BENEFIT YOU IN YOUR 30’S AND 40’S

WHAT TO DO IN YOUR 20’S THAT WILL BENEFIT YOU IN YOUR 30’S AND 40’S
1. Build a habit of eating healthy and exercising.
Your body will thank you….

1. Build a habit of eating healthy and exercising.
Your body will thank you years later
2. No one person has it so figured out!
So don’t stress in thinking that you must
3. Focused on communication, this skill is beneficial for everything
4. Travel. Do this as much as you can.
You will never regret it. If you can travel, do it
5. Choose who you spend your time with.
The five people you spend the most time with have the most impact on your life.

Jodi Dark 2/15/22 Jodi Dark 2/15/22

ONTARIO STAYCATION TAX CREDIT

ONTARIO STAYCATION TAX CREDIT
Overview. The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province while helping the tourism and hospitality sectors recover from the financial impacts of COVID-19 covid 19 pandemic. Ontario residents can claim 20% …….

Bottom line is…

For the calendar year 2022…
Keep any receipts for a hotel, campground, etc (up to $1000) and you should get 20% of that back ($200)

- Bonnie

Overview. The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province, while helping the tourism and hospitality sectors recover from the financial impacts of COVID-19 covid 19 pandemic.. Ontario residents can clam 20% of their eligible 2022 accommodation expenses, for example, for a stay hotel, cottage or campground, when filing … www.ontario.ca

Bottom line is…

For the calendar year 2022…
Keep any receipts for a hotel, campground, etc (up to $1000) and you should get 20% of that back ($200)

- Bonnie

Jodi Dark 1/28/22 Jodi Dark 1/28/22

TIME TO GET ORGANIZED-Finish

FINISH UP ORGANIZING BY STORING ALL THIS NEWLY ORGANIZED INFORMATION IN A SAFE PLACE

Consider the following:

• Safety deposit box (accessible by a joint owner or executor)
• Filing cabinet
• Home safe

Now make sure to treat yourself to something for a job well done!

Jodi Dark 1/24/22 Jodi Dark 1/24/22

TIME TO GET ORGANIZED-4

NEXT -
GATHER ANY ADDITIONAL INFORMATION AND CONTACT DETAILS.

• Notices of assessment for recent tax years
• Business of documents if you own or co-own a business
• Real estate deeds

NEXT -
GATHER ANY ADDITIONAL INFORMATION AND CONTACT DETAILS.

• Notices of assessment for recent tax years
• Business of documents if you own or co-own a business
• Real estate deeds
• List of jewelry, art, collectibles, and other valuables
• List of digital assets (social media accounts, data or digital files, website, subscriptions, etc.) * consider providing passwords to a trusted individual and/or executive
• Advisor
• Accountant
• Lawyer

Jodi Dark 1/18/22 Jodi Dark 1/18/22

TIME TO GET ORGANIZED-3

GETTING ORGANIZED - GATHERING YOUR INFORMATION

Start with the personal information for your immediate family members.

Also gather any legal documents
• Full legal name and birth date
• Health card number
• Driver’s license and passport number
• Blood type
• Medications
• Allergies
• Health care provider contact information
• Other important contacts
• (daycare, school, specialist, in case of emergency, etc)

Also gather legal documents (continued):
• Will
• Powers of attorney (including directions on how to manage your financial, health care, and end of life decisions)
• Trusts
• Birth certificate
• Marriage certificate
• Divorce certificate

Jodi Dark 1/11/22 Jodi Dark 1/11/22

TIME TO GET ORGANIZED-2

KEEP ORGANIZING NY GATHERING YOUR FINANCIAL DOCUMENTS, BANKING, INVESTMENT AND INSURANCE INFORMATION

• Mortgage(s)
• Line of credit
• Loans
• Credit cards………..

KEEP ORGANIZING NY GATHERING YOUR FINANCIAL DOCUMENTS

KEEP ORGANIZING NY GATHERING YOUR FINANCIAL DOCUMENTS, BANKING, INVESTMENT AND INSURANCE INFORMATION

• Mortgage(s)
• Line of credit
• Loans
• Credit cards
• Safety deposit box number and key
• Non-registered accounts
• Registered Retirement Savings Plans (RRSPs)
•Registered Retirement Income Funds (RRIPs)

• Tax-Free Savings Accounts (TFSAs)
• Registered Education Savings Plans (RESPs)
• Pension accounts
• Life insurance
• Disability insurance
• Critical illness insurance
• Long-term care insurance
• Health and dental insurance
• Home and auto insurance

Jodi Dark 1/4/22 Jodi Dark 1/4/22

TIME TO GET ORGANIZED

WHY NOT START WITH YOUR IMPORTANT PERSONAL INFORMATION.

it’s a great way to make sure your loved ones know what to do in case of an emergency.

No one likes to think about it, but if something happened to you, would someone else be able to find your important documents? If you’re inquire - or worse - you’ll want a family member or an executor to be able to locate your financial and personal information, such as estate paperwork or health information, quickly and with the least amount of hassle possible.

Being prepared can help avoid potential delays or confusion during stressful times. Having important paperwork in order simplifies things for your loved ones or your executor, can help ensure that nothing gets overlooked.

The best part is that it doesn’t take much work to organize your documents. Simply creating special binders or folders and keeping it in a safe place will do the trick.

You just have to make sure you tell your loved ones or your executor where they can find it.

Stay tuned for more of this series

WHY NOT START WITH YOUR IMPORTANT PERSONAL INFORMATION.

it’s a great way to make sure your loved ones know what to do in case of emergency.

No one likes to think about it, but if something happened to you, would someone else be able to find your important documents? If you’re inquire - or worse - you’ll want a family member or an executor to be able to locate your financial and personal information, such as estate paperwork or health information, quickly and with the least amount of hassle possible.

Being prepared can help avoid potential delays or confusion during stressful times. Having important paperwork in order simplifies things for your loved ones or your executor, can help ensure that nothing gets overlooked.

The best part is that it doesn’t take much work to organize your documents. Simply creating special binders or folders and keeping it in a safe place will do the trick.

You just have to make sure you tell your loved ones or your executor where they can find it.

Stay tuned for more of this series

Jodi Dark 12/24/21 Jodi Dark 12/24/21

Merry Christmas

Wishing you a very Merry Christmas 🎄
Filled with family & fun
- Jodi, Michelle & Bonnie

Wishing you a very Merry Christmas 🎄
Filled with family & fun
- Jodi, Michelle & Bonnie

Jodi Dark 11/5/21 Jodi Dark 11/5/21

More Changes

Not only is our office nearing completion (and we are excited to share that with you soon!) but we are officially now part of the Investment Planning Corporation team.

WHAT DOES THIS MEAN?

We are partnering with a new company to help with our process and business development

Want to find out more check it out here:

Jodi Dark 10/29/21 Jodi Dark 10/29/21

Michelle's Office Changes

Here is a snapshot of Michelle’s Office Reno

We are very excited about the changes happening for us. We are also nearing the completion of our office renovation. The painting has been finished in our offices and we are waiting on our new furniture and flooring. So, as you can see, I am committed to you for many years to come.

Check out a Peak at Michelle’s Office

We continue to work hard to continue to provide you with exceptional service.

Here are a few photos, of our renovation in progress.

- Jodi

Jodi Dark 10/15/21 Jodi Dark 10/15/21

Bonnie's Office Changes

We are very excited about the changes happening for us. We are also nearing the completion of our office renovation. Here’s a peak at Bonnie’s Office…

We are very excited about the changes happening for us. We are also nearing the completion of our office renovation. The painting has been finished in our offices and we are waiting on our new furniture and flooring. So, as you can see, I am committed to you for many years to come.

We can’t wait for you to see it! Here is a look at Bonnie’s New Office Design

We continue to work hard to continue to provide you with exceptional service.

Here are a few photos, of our renovation in progress.

- Jodi

Jodi Dark 10/13/21 Jodi Dark 10/13/21

Jodi's Office Changes

We are very excited about the changes happening for us. We are also nearing the completion of our office renovation. The painting has been finished in our offices and we are waiting on our new furniture and flooring. So, as you can see, I am committed to you for many years to come.

We can’t wait for you to see it!

We continue to work hard to continue to provide you with exceptional service.

- Jodi

Jodi Dark 9/29/21 Jodi Dark 9/29/21

News

We have some exciting changes coming to our office that we want to share with you.

The first thing you may notice is that we are changing our email addresses.

As you can see above and right here, are our new contact emails:

Jodi Dark
jodi@financialbydesign.com
Michelle Currie
michelle@financialbydesign.com
Bonnie McPhail
bonnie@financialbydesign.com

This small change is just one part of continuing the branding of my personal, corporate name which is Financial by Design. Financial by Design is my corporate name that we have had, and used for 5 years. We are now choosing to use this brand for our email address

Next up-----OFFICE Renovation—follow along with our progress

If you haven’t been following us on social media you will be able to find us on all platforms by searching Financial By Design.

Jodi Dark 9/10/21 Jodi Dark 9/10/21

Pick a Debt Payment Method

PICK A DEBT PAYMENT METHOD

Do some research and find the method that works for you. Here are two types of debt payment methods…..

Jodi Dark 5/21/21 Jodi Dark 5/21/21

Women and Money

A Financial Advisor is a valuable resource for all your questions. They can help you take inventory of your current situation, identify what is important to you today and in the future, develop a customized investment plan, and help you work to get organized and put your dreams in place.

This could mean saving for a home, children’s education, retirement, or paying down debt. Putting a plan in place is the best way to make sure you have the money you need when you need it.

Once the plan is in place it is a good idea to review it annually to make sure things are on track and make adjust as needed.

This blog has been prepared by Jodi Dark who is a Financial Advisor for HollisWealth®, a trade name of Investia Financial Services Inc., and does not necessarily reflect the opinion of HollisWealth or Investia Financial Services Inc. The information contained in this blog comes from sources we believe reliable, but we cannot guarantee their accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication/blog and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any of the securities. The information contained herein may not apply to all types of investors. The Financial Advisor can open accounts only in the provinces in which they are registered.