The FNA reflects amongst others: 
-Financial strengths and weaknesses 
-Financial security needs i.e. insurance
-Projection and approach to carry out your future projects (house, marriage, car, family, studies, etc.)
– Investment Plan for a comfortable retirement.

It’s never too late or too early to start a financial journey of quality! Contact me for a financial needs’ analysis structured to your needs 514-505-4183 or cabinet@apfv.ca.

One thing that is for sure with life insurance is that the younger and healthier you are, the cheaper it is.

The fact that you are young and healthy will keep premiums low and will also allow you to buy a lot more insurance coverage than you may be able to obtain in a few years. This would allow you to obtain the necessary insurance coverage you presently need but also into your future.

Who should be looking at individual life insurance? Well, if you:

• Are young, healthy single adult 
• Have spouse or partner 
• Own a business 
• Own a house (**note that a life insurance obtained through a mortgage and an individual life insurance are not the same. Individual life insurance can offer you a better protection and benefit your family- not just the creditor) 
• Are becoming parents or already have dependents 
• Have any debts 
• Own life insurance through your work (can be part of your group insurance you have through your employer). You may still be under-covered or left without an insurance if you change/quit jobs. 
• Are an individual who wants to protect your wealth through tax advantage strategies possible with life insurance

There are many different types of insurance contracts that can be suited to your needs. So, if you are thinking about purchasing life insurance but you are still not sure or may have any additional questions, do not hesitate to contact me!

By opening and contributing to a Registered Education Savings Plan (RESP) account while your child is young, you could receive grants from both Provincial & Federal governments helping you save for your children’s education. This can help them reduce financial barriers, improve their odd of attending post-secondary education and make it easier on your budget once they are in school.

A look at grants available (the following may vary according to family income):

• Canadian Education Savings Grant (CESG) the government will match 20% of any RESP contributions until the child turns 17 yrs old. This translate to additional 500$/yr to a lifetime grant limit of 7200$ per child.
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• Quebec education Savings Incentive (QESI), the account can receive an amount equal to 10% of the net contributions paid into it, up to a maximum of $250/yr

Interested and want to know more? Don’t hesitate to contact me I will gladly assess your RESP grant potential!

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This video was designed and produced by Flavio and Violetta Vani, an Investment Funds Advisor with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this article comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated

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