Learn more about wealth management as Melany Goodhue, financial advisor and founder of Pulse Wealth Management, shares financial advice, industry news, and other valuable insights to help you build your wealth.

IS YOUR FINANCIAL PLANNER CERTIFIED?

Did you know that in Ontario, there is no certification requirement to practice as a Financial Planner? In fact, any financial professional can freely refer to themselves as a Financial Planner. But there is a rigorous certification available.

SHOULD YOU BUY A HOUSE?

For many people, buying a home (or income property) seems like an obvious financial goal. But is it really the best decision?

IS REFINANCING YOUR HOME A SMART MOVE?

Sometimes the best financial decision isn’t the most obvious. In fact, sometimes the best financial decision isn’t even one you were considering at all. For example: have you considered refinancing your mortgage?

WHEN SHOULD YOU INCORPORATE?

You started out helping friends redecorate their houses for fun. Turns out, you are really good at it. Soon people start telling you “you should charge for this!” and suddenly your hobby has become a hustle.

DO YOU WORRY ABOUT OUTLIVING YOUR MONEY IN RETIREMENT?

Do you fear reaching age 75 or 80 and having no way to generate the money you need to live on? This is a legitimate fear, especially if you don’t have a so-called gold-plated pension plan.

HOW YOU CAN ACCOMPLISH YOUR FUN GOALS, TOO

Do you have an “impractical” dream? Maybe it’s owning a sportscar or going on a luxury safari. It can feel like accomplishing those dreams is out of reach..

DO YOU HAVE THE RIGHT COVERAGE?

Insurance is one of those things that you might not think you need… until you do.

WHY HAVEN'T YOU STARTED INVESTING YET?

Every day that you are not investing your money is a day of growth that is lost. But you know that already. You even have a certain amount of money set aside in your budget to invest. The problem is, you don’t know where to start.

HAVE YOU STRESS TESTED YOUR RETIREMENT PLAN?

Do you know exactly how your retirement lifestyle will be affected if: interest rates skyrocket, interest rates plummet, you are off work for a few months, you keep your income property, you sell your income property?

ARE YOU PAYING FOR INSURANCE YOU CAN'T USE?

Imagine going to make a disability insurance claim and finding out that you’ve been paying into an insurance plan for years that you can’t actually use. And worst of all, there’s nothing you can do about it.

WHEN YOU SHOULD CHANGE YOUR FINANCIAL PLAN

Your financial plan should give you freedom. Freedom to make life choices, and freedom to change them.

SHOULD YOU DO YOUR OWN FINANCES?

There is so much information out there on financial strategy (including on my own blog!) that it seems like you could teach yourself how to create your own financial plan.

WHAT DOES WORKING WITH A FINANCIAL PLANNER LOOK LIKE?

Just like you might hire an architect, contractor, and designer (or all three!) to build your dream house, you can hire a financial planner to help build your dream life.

ARE YOU USING RESP'S EFFECTIVELY?

Saving for your child’s education could mean the difference between them accruing student debt they will be paying off well into their 30s or starting their career off in the green.

LEAVING A TAX-FREE LEGACY

Have you ever heard the expression that nothing in life is certain, except death and taxes? In fact, even when we die our estates are taxed. All too often, beneficiaries end up receiving far less than what was intended, because the government takes their share. Read my latest blog to learn...

How the RDSP Can Get you a 300% Return

As someone with a disability, you are faced with unavoidable expenses. Getting ahead and saving for the retirement lifestyle you desire can be challenging.

How Business Owners Can Save on Health Expenses

If you are an incorporated business owner, you are probably paying more than you have to for health and dental expenses. Read my latest blog to learn how to pay 8-10%, rather than 30-50%, on your health expenses...

THE DIFFERENCE BETWEEN RETIREMENT LIVING AND LONG-TERM CARE

With global health events doubling and tripling wait times for long term care facilities, many people are left wondering if they will be able to get the care they need in retirement...

IS YOUR FINANCIAL PLAN COSTING YOU MONEY?

Personal finance if often compared to a game of chess. On the surface, chess seems like a straightforward game. The goal is deceptively simple: capture your opponent’s king. But, of course, there many ways to accomplish that...

WHAT HAPPENS WHEN YOU DIY YOUR FINANCIAL PLAN?

“I’m sure I can figure it out.” How many times have you said that? You know what you want to accomplish, and you feel (for some inexplicable reason!) that you should be able to make it happen by yourself. Then before you know it, you’ve gone down the research rabbit hole...

WHY YOU AREN'T ACCOMPLISHING YOUR FINANCIAL GOALS

With a budget, savings, and some hard work you should be able to accomplish your financial goals, right? Not necessarily. Having a budget, even a really great budget, is not enough. Read my latest blog ...

WHY IT ISN'T ENOUGH TO HAVE A FINANCIAL PLAN

Life can change in the blink of an eye. Two blue lines. “You’re hired.” One doctor’s appointment. “I do.” And sometimes life changes more slowly, more methodically. A countdown to retirement.

DO YOU REALLY NEED A FINANCIAL ADVISOR?

If you are anything like me, you have probably planned at some point in your life to “get in shape” or drop a few pounds. You know the basics of how to lose

HOW TO GIVE LESS MONEY TO THE GOVERNMENT AT TAX TIME

The only certainties in life are death and taxes, so the saying goes. Learn how you can pay less money at tax time by doing this one simple thing.

WHY "CONTRIBUTE WHAT YOU CAN" IS DANGEROUS FINANCIAL ADVICE

Have you ever heard that you should "contribute what you can" towards your retirement? It might sound like good advice, but following it could cost you your ideal retirement...

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