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Is the RRSP system the right path for you?

As with everything in life, one size does not fit all. What will work for one person may not be right for you.

The financial system is generally not designed with a primary objective of our wellbeing. It may come as a surprise to some, that banks, mortgage lenders, creditors, and even the government have designed their business around serving them first. They are not generally dishonest about how their programs and products work, but they may not be completely upfront in explaining the full impact to you, in the short and long term.

That leaves the onus on us to dig deeper and understand how the various financial programs and products work and what the risks and costs are.

Look at the RRSP system in Canada, for example. It is promoted on the premise that you SAVE taxes. But when one takes a closer look, the truth is that it may simply defer taxes. You see it is a tax deferral (aka –postponement) system. The premise is that you will be in a lower tax bracket in retirement, than you are during your working years – the focus being the tax bracket vs. the amount of money being taxed and who is in control.

The questions we need to be asking ourselves are:

  1. Will we really be in a lower tax bracket?
  2. Do we think the government will need more or less taxes in the future?
  3. Did we know that when we retire, we won’t only be taxed on our contribution, but we will be taxed on all the growth – potentially decades worth of growth! Doesn’t that translate to actually paying more tax than we originally saved in the first place?
  4. Do we know what the rules are when it comes to producing an income from our RRSP savings and how will this impact other sources of income?

I don’t want to imply that the RRSP system is all bad or not right for anyone. I am simply trying to express that it is important to breakdown the misinformation and understand exactly how it works and whether it is the right choice for each of you, at this time in your life. The RRSP system has some merits, under the right circumstance and for the right time in your life but it is not a blanket good program for everyone.

Our hope is that you will take the path that enables you to maximize the efficiency of your money, now and in the future.

With gratitude,

Sandra Stewart


Do you feel like you make great income and think you should be keeping more of it and do you want more life from your money? If no one has ever sat down with you and showed you how to organize your money, your debts and save thousands in interest –  and how to harness those savings to fund your dreams, then Cash Flow Planning may be just what you are looking for.


A Cash Flow Planning is NOT a Budgeting

Just the thought of a budget tends to evoke thoughts of pain and restriction. Most do not want to be told what they can and cannot buy. Budgeting for day to day spending is incompatible with today’s electronic world – thus why most of us struggle with budgets.

Cash Flow planning is a method of finding money you may be losing unnecessarily and sometimes without your knowledge.

It is about proactively managing spending and structuring your financial obligations, short and long term goals – so they serve you and you achieve what you want, as efficiently as possible. It is about making sure that more money stays in your control vs. banks, lenders and financial institutions etc etc.

 For more information: or email us.



Are you losing money?

You may be losing money unknowingly – simply by the way your financial obligations are structured. The most frequent comment we hear from clients is ‘why didn’t anyone show us this before?’. The simple answer is that most of us have not been taught how to manage our money in a way that serves us most effectively. Most of our financial obligations are designed to serve others more than ourselves.

Cash Flow Planning is a method of finding money you may be losing, proactively managing your money and structuring your financial obligations and goals to serve you. A Cash Flow Plan gives you insights that are not common place and an easy to follow non-restrictive approach to being in control of your money. Do you want to be in control or do you want others to be in control? The great thing is… you get to chose!

Check on the link to my videos on Cash Flow Planning.

If you would like to see if a Cash Flow Plan is right for you, email us. We can discuss your concerns, what you would like to see change and how our approach has helped others.

It’s not just about your money, its about life and living it the way you want!

With Gratitude,



What is Your Money Story?

We all have a money story. Some of us have more chapters in our stories than others. Some of us are more attached to our stories and are committed to maintaining our part in the script, that may or may not be serving us. Some may feel ashamed by their story and feel uncomfortable sharing it.

Whatever your personal experience and history with money, your story must be told (if only to yourself) so that you can witness it objectively and observe your relationship with money – so that you can discover how you have manifested certain beliefs and behaviours in regard to your relationship and behaviour with money. According to one of my mentors, Deborah Price, we should all reflect on our money story. A simple way to get started is to write all the memories you have related to money – go as far back into your childhood and you can recall. See if you can start to see a pattern of messages that may be influencing you today. Once you see the patterns, you may know just what you need to do to start changing those patterns or you may wish to chat with a Money Coach who is trained in guiding you through a process of self-discovery and build strategies that serve you.

Over time, we develop money scripts that we repeat to ourselves and others. Money scripts are beliefs that are often only partial truths about money and don’t apply to all situations but they are everywhere and in every social group. Behaviours can vary widely depending on how money scripts manifest themselves. Everyone has money scripts. Unconscious money scripts and the behaviours they create can sabotage your goals and dreams.

Some common money scripts…

‘Money is Bad or People with Money are Bad’ – People who live this script have a hard time achieving financial success. They unconsciously arrange their lives so that they don’t  accumulate their desired wealth because they make a series of self-destructive financial decisions throughout their lifetime. Money isn’t good or bad – but it certainly is emotionally charged.

‘More Money will make things better’ – Most times the arbitrary ‘more money’ and ‘enough’ points continues to move out of reach; believing that fulfillment, meaning and acceptance come when they get more but more is a never ending target.

‘Money is unimportant’ – This belief often shows itself in poor financial planning, financial challenges, lack of focus/concern about financial matters. We need to care for our money as a resource – just like health, relationships, time, careers and family because it influences all areas of life.

What do you believe?

Without analyzing your thoughts, complete the sentences below with your first response. Some may jog your subconscious storehouse of beliefs around money, some may not. The important thing is to just write your first thoughts.

  • You only live once so…
  • You don’t know what the future will bring so…
  • Wealthy people got that way by…
  • Poor people are poor because…
  • If I had more money…
  • What I would want my children to understand about money is…
  • I work hard so I am entitled to…
  • Parents owe their children…

Next, write your FIRST THOUGHTS about money and…

  • Happiness
  • Communication
  • Spending
  • Responsibility
  • Saving
  • Power
  • Control
  • Wellness

Of course this is simply a very cursory view of Money Scripts. If you found this exercise interesting, send me an email with your thoughts and let me know if you would like me to send you the complete exercise.


What if your beliefs become our thoughts; your thoughts become your words; your words become your actions become your habits; your habits become your values; your values become your destiny?

Mahatma Ghandi


With Gratitude,

Sandra Stewart