Grand River Financial Solutions

Ontario’s financial roots run deep! Did you know the TSX has been around since 1852? Have questions about investing? Contact a team member at GRFS https://grfs.ca/contact

Wondering whether to save or invest? Let’s break it down! Whether you're building your emergency fund or growing your wealth, understanding the difference can help you make the right choice.
Need help or get your questions answered https://grfs.ca/investment-planning

By unraveling the fundamental stages of accounting and leveraging financial information effectively, businesses can enhance decision-making, evaluate performance, and ensure compliance.
https://grfs.ca/blog/the-fundamental-stages-unraveling-the-cycle-of-accounting-for-business-success

Proving anxiety for disability benefits requires diligence, documentation, and collaboration with healthcare professionals. on here https://grfs.ca/blog/how-do-i-prove-anxiety-for-disability

MORTGAGE UPDATE: August 1, 2024, lenders will be able to begin to offer 30 year amortizations for insured mortgages for first-time homebuyers purchasing new builds, providing younger Canadians with more affordable monthly mortgage payment options.
https://grfs.ca/mortgage-advisor

Most advisors would suggest you try to do both.
For instance, you can use a registered retirement savings plan (RRSP) to save for your retirement, then use the potential tax refund to help pay down your mortgage.
You can also use a tax-free savings account (TFSA) to save for a lump-sum payment on your mortgage.
**The above example is for illustrative purposes only. Situations will vary according to specific circumstances.
https://grfs.ca/tax-planning

Understanding seniors ' unique needs is crucial when it comes to life insurance. Seniors often require coverage that aligns with their age and financial situation. Tailoring life insurance to seniors involves considering factors like retirement income, outstanding debts, and family support. Read on here to discover more https://grfs.ca/blog/understanding-the-needs-of-seniors-tailoring-life-insurance-to-age

What’s critical illness insurance?
Critical illness insurance can help you cope financially if you’re diagnosed with a serious illness or condition by giving you a lump-sum payment. The payment is tax free and can be used however you choose. You can focus on getting better, knowing that you have your benefit payment to help with expenses.https://grfs.ca/insurance

With most products, there are pre-set lengths of time, called terms, and if you die during your term, the people you choose – also referred to as a beneficiary – will receive a tax-free payout. When you set up your policy, you choose how much that lump sum will be. The regular payments that you pay into the policy, called premiums, stay the same over that time.https://grfs.ca/insurance

Meet a young couple in their 30s who just purchased their first home and started a family! With a 30-year mortgage, they want to ensure their spouse and children can continue living in the house without financial strain if anything happens to them. They’ve chosen a 30-year term life insurance policy, covering their mortgage balance, outstanding debts, and future education expenses for their kids. Planning ahead for peace of mind! https://grfs.ca/contact

There has been a significant rise in financial influencing on social media over the past few years, with many finfluencers amassing followings into the millions as younger consumers increasingly turn to social media for their investment information.
https://www.penningtonslaw.com/news-publications/latest-news/2024/finfluencing-increasing-financial-literacy-or-making-money-misleading-people

Staycation Budget-Friendly Summer Activities: https://www.tripadvisor.ca/Attractions-g154993-Activities-zft11309-Region_of_Waterloo_Ontario.html
Enjoy the summer without breaking the bank! Check out Trip Advisor list of budget-friendly activities.

Take a moment to slow down and savour life's little treasures:

1. Enjoy your morning coffee without rushing.
2. Take a leisurely walk and appreciate nature.
3. Share a heartfelt conversation with a loved one.
4. Indulge in a favourite hobby, book or movie.
https://grfs.ca/

Cherish these small moments—they make life beautiful.

Protect Your Relationship with a Cohabitation Agreement!

Moving in together is an exciting milestone, but it's essential to protect your interests. A cohabitation agreement can ensure both parties have a clear understanding of their rights and responsibilities. From managing finances to property ownership, this legal document helps avoid conflicts and provides peace of mind.

Before taking the big step, consider creating a cohabitation agreement to safeguard your relationship and future.
https://grfs.ca/blog/protect-your-relationship-the-importance-of-a-cohabitation-agreement

🇨🇦 Happy Canada Day from Grand River Financial Solutions!

Today as we celebrate the pride and heritage of our great nation, let's also take a moment to reflect on our own financial goals and dreams.
Just as Canada has flourished and prospered, so can your financial future with the right planning and guidance.

Whether you're saving for a home, planning for retirement, or investing in your children's education, we're here to help you every step of the way.
More about our services here https://grfs.ca/
Enjoy a joyful and prosperous Canada Day!

Article: You can ease the financial pain of a costly move by deducting those expenses from your employment, self-employment or school award earnings
Source: MoneySense.ca
https://www.moneysense.ca/save/taxes/tax-deductions-on-moving-expenses/

In this comprehensive guide, we'll take the time to break down what all the confusing terms of mortgage insurance mean. From understanding the basics of mortgage insurance to diving into the different types available, we'll cover it all.
Read on here
https://grfs.ca/blog/the-ultimate-guide-to-mortgage-insurance-for-first-time-home-buyers

Happy Father's Day from Grand River Financial Solutions! Today, we celebrate all the incredible dads who work hard to secure their family's future. Thank you for your dedication, love, and strength. Here's to building a brighter tomorrow together!
https://grfs.ca/

Congratulations, new graduates!
Start your financial journey on the right foot and set yourself up for success!
Ready to begin financial planning and need advice, connect here to get your questions answered here https://grfs.ca/financial-planning

Getting married or changing your name won't affect your individual credit score or history. But remember, how you borrow and repay money as a couple can impact both of your credit
profiles.
An advisor can help you create a budget, merge your finances, and develop a money management strategy for married life that will set you up for the future.
https://grfs.ca/financial-planning

Join us on the road of life in Unraveling Investment Realities: Myth vs. Fact and take control of your financial future!
https://grfs.ca/investment-planning

Are you looking for the best software to streamline your retirement planning in Canada? Look no further! Retirement planning can be overwhelming, but with the right tools, you can gain clarity and confidence in your financial future. In this article, we will introduce you to Canada's top retirement planning software, helping you make informed decisions and maximize your savings. https://grfs.ca/blog/streamline-your-retirement-planning-with-the-best-software-in-canada

As of December 2022, there were 1.22 million employer businesses in Canada, with 1.19 million (97.8%) being small businesses.
At GRFS, we proudly support small business owners with:
Business Risk Management
Buy-Sell Agreements
Financial Products and Services
Join us in empowering small businesses. Contact us today to learn how we can help your business thrive! https://grfs.ca/business-risk

As you plan your summer vacation, remember the importance of purchasing travel insurance prior to setting out on your adventure. GRFS can help you here. Find out how to get yourshttps://grfs.ca/contact

The 2024 Federal Budget outlines the government's financial plan for the upcoming fiscal year. It includes revenue projections, spending priorities, and initiatives to stimulate economic growth and address key societal issues.
Here are some of the things you should keep a look out based on the 2024 Federal Budget https://grfs.ca/blog/what-does-the-federal-2024-budget-mean-for-financial-advisors

Valuable guidance that can assist you in achieving your goals at any juncture along life's journey. GRFS is here for you along the Road of Life.

Have you ever wondered what a Robo Advisor really is? Let's break down the technology behind it and explore how these innovative tools stack up against traditional human advisors. Dive into the details with our latest blog post!
Read more here: https://grfs.ca/blog/what-is-a-robo-advisor

Happy Mother’s Day to all the incredible moms who make the world go round. Today we celebrate you, your love, and the countless ways you lift us up.

Chart your path to prosperity with the power of budgeting! It's your first step towards achieving financial freedom.

Watch your RESP savings grow tax-free + get a boost with Canadian/provincial grants adding 20%-40% to your yearly contributions-based on your family income + where you live! Start investing in your child's future today! Have questions...https://grfs.ca/