As 2024 draws to a close, it's the perfect time to reflect on a year of financial and personal growth. In this episode, we explore the major financial & market highlights of the year, offer essential year-end planning tips, and share strategies to kickstart 2025 on the right foot.

We'll discuss:

• How the markets performed in 2024
• Economic challenges and key updates
• Upcoming tax information and rebates
• Practical steps for financial planning in the new year

Amid the hustle and bustle of the season, we’ll remind you of the importance of sticking to your financial plans and maintaining a long-term perspective on savings and investments.

Join us for a special Clear Money Mindset episode as we wrap up 2024 and prepare for a strong 2025!

To incorporate or not to incorporate is the question, a question with no definitive answer. In a world where starting a business has never been easier, choosing the right path can be overwhelming. A farmer or construction worker may have different considerations than a tech startup—but do they really? Today, we’re joined by the lively lawyer Sebastian Schmoranz from MSSH Lawyers. Sebastian will guide us through the intricacies of business structures, offering insights that can help protect both you and your future.

Grab a seat and take a listen as your favorite neighborhood lawyer breaks down essential topics like:

• Should you incorporate? Key advantages and disadvantages

• Taxation and liability considerations

• Partnerships vs. sole proprietorships

• Transitioning between corporate structures

• Family business succession

• Share structure

• The role of a lawyer and accountant in business setup

Want Free Money for Your Child's Education?

In today’s podcast, we’ll break down the powerful RESP (Registered Education Savings Plan). This savings tool is designed to help parents and guardians save for their child’s post-secondary education, offering some amazing perks.

We'll cover how the RESP works, the types of contributions you can make, and how the government boosts your savings through the CESG (Canadian Education Savings Grant) and CLB (Canadian Learning Bond). Plus, we'll dive into some lesser-known facts and share tips on how to maximize the value of this account.

Grab your notebooks—class is in session! We’re here to guide you on how to start, manage, and fully take advantage of this account, helping you set your child up for success in their post-secondary education.