Best Financial Advisors in Prince Albert, SK

Your ability with personal finance does not define your intelligence. 🎓 It's a skill. For some, it comes naturally; for others, you must learn it. Some people have to deal with social pressure from family, and others expect more from their income than is reasonable. For all the planning I can do, tax efficiency means nothing if you spend more than you earn. 💸 Unfortunately for corporation owners, this is an even greater trap! Your company had a million dollars of sales? Great, 200k of that is profit. Once that comes to you personally, 70k goes to tax, and thats before you save a penny for anything else. Save 20% of your income for basic retirement? You have $100,000 left. Don't get me wrong, thats still a great income. But not when you spend your days writing checks for 50k in the business. On top of learning the basics of personal finance as a corporation owner, you must learn to separate yourself from the business. ⭐ What's best for the business may not be what's best for you, and vice versa.