With the country’s cost of living increasing, it is surprising to find that 44% of Canadians saved absolutely nothing over the past year. But you are not alone in such tough times.
With the country’s cost of living increasing, it is surprising to find that 44% of Canadians saved absolutely nothing over the past year. But you are not alone in such tough times.
With the country’s cost of living increasing, it is surprising to find that 44% of Canadians saved absolutely nothing over the past year. But you are not alone in such tough times.
A unique tool available to Canadians in preparing for retirement is the Registered Retirement Savings Plan or RRSP. It helps build savings and allows valuable tax benefits to enhance overall savings growth. This blog will break down strategies designed to maximize growth in RRSP contributions, give tax planning tips, and offer insights into related savings […]
Life insurance is one of the most critical pillars of financial security, offering protection for your loved ones and peace of mind for yourself. However, many people make mistakes when choosing or managing their life insurance policies, leading to complications that could have been avoided. By understanding and addressing these common errors, you can ensure […]
Education is one of the most significant investments a parent can make for their child. In Canada, the cost of post-secondary education continues to rise, making it crucial for families to prepare for future expenses. A Child Registered Education Savings Plan Canada (RESP) is a tax-sheltered account designed to help families grow their education savings […]
When planning a trip to Canada, one of the most important things is to get travel insurance to have a safe and worry-free journey. From unexpected medical expenses, cancellations of trips, or emergencies, travel insurance gives you peace of mind. This guide reviews the best travel insurance plans for Canadian visitors in 2024 to help […]
Financial security is one of the things that life insurance covers. Life insurance ensures that your family or loved ones are financially secure in case something unforeseen happens. There are a lot of choices to be made, and the selection of the right one is confusing. This guide will guide you in exploring the options […]
As parents, securing our children’s future starts with investing in their education. With post-secondary education costs rising yearly, planning has never been more crucial. In Canada, a Child Registered Education Savings Plan (RESP) offers government grants and tax benefits, helping you maximize savings while supporting your child’s educational aspirations. Investing today ensures they can pursue […]
Life in your 30s is an exciting mix of personal and professional milestones. It’s a time when many achieve financial independence, start their families, buy their own homes, or plan long-term goals. Life changes are exciting and fulfilling, but they do bring additional financial responsibilities. One important step toward securing your future would be to […]
At Lion Shield Financial, we’re passionate about empowering individuals and families to make informed financial decisions and achieve their aspirations.
