5 Franchise Industries for a Fun Second Career After Retirement

5 Franchise Industries for a Fun Second Career After Retirement

There are two different ways to think about starting your own franchise business. You can either step forward as a leader in an industry you understand from top to bottom or you can take your cumulative business knowledge and try something new. Many people who buy a franchise as part of their retirement plan, for instance, are long since bored of the daily tasks of their first career and are ready to branch out into something interesting and fun instead. The good news is that there are dozens of franchises available that can be run with basic business know-how and could serve to brighten every day of your future as a business owner. Whether you started as a financial advisor, a restaurant manager, or a computer programmer, your new business can be anything you want.

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Plan Your Personal Budget for the New Year!

Plan Your Personal Budget for the New Year! | Signature Financial

The new year always feels like a fresh start – it’s the season to get in shape, eat healthier, and spend more quality time with loved ones. But don’t forget about your personal budget. The approach of the new year means it’s time to get your budget in order too, so that the next twelve months will be productive and stress free. Read on for some great tips on how to plan your personal budget for the new year. (more…)

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Take on the New Year by Planning Your Business Budget

Whether you’re in denial or not, the new year is here! Make sure that you have a business plan in place for 2018. And that plan includes planning your business budget.

For some of us, budgeting is the most painful part of running a business. Why can’t we just do what we love? While you could dive into the new year without a plan, crafting a budget can help keep you on track with clear financial goals, an easy way to assess your performance and encourage a long-term mindset.

Sound worth it? Then your next question might be, how do I start?

Take on the New Year by Planning Your Business Budget | Signature Financial (more…)

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Ten Tips to Regain Financial Control

Ten tips to regain financial control

It’s fall and we all know what that means – the holiday season is around the corner. This can be the toughest time to budget, especially for those of us who were never very good at budgeting in the first place. You still have time to get ahead of the game and prevent losing control of your dollar bills before the Christmas chaos.

Here are 10 ways to make sense out of your cents:
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The secret to saving money and being happier this Christmas

Save money be happier this Christmas

 

As Christmas sneaks up on us, good intentions of saving money melt like snowflakes, and this “merry” time of year quickly escalates into a financial blow out. Then January rolls around and a nasty reality check arrives to hundreds of thousands of homes around the country in the form of a credit card bill.

In case you glossed over last week news, Canadians’ average consumer debt load is now up to $22,081 – that’s up 3.6% since last year! Eep! Canadians owe more than $1.7 trillion in total consumer debt – that’s not including mortgages. (If that doesn’t make you panic, read this post on why debt is a flaming emergency.)

Instead of starting off the New Year with a scary credit card statement, we want to share a secret that will save you money and make you feel happier this Christmas season: Mindfulness.

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What’s the Scariest Thing About Halloween?

Halloween - scared couple hiding

 

Your empty wallet! 

The cash people sink on Halloween is absurd. The National Retail Federation (NRF) estimates Americans will spend $8.4 billion on Halloween in 2016. Seriously.

According to Global News, Canadians spend $137 on average per person ($52 on a costume, $43 on decorations and $42 on candy). So if you’re a family of four, you’re looking at over $500. I don’t know about you, but I like my money to go a lot further than plastic spiders and sugar crashes.

Here are 5 smarter ways to spend $100.

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What Is ‘Net Worth’ and Why Should I Calculate Mine?

 

What Is Net Worth - Money Tree

Net worth is any asset owned minus any debt owed. Everything you own falls under “assets” and everything you owe falls under “liabilities”. So if you added up the value of your assets (everything you own: home, cars, savings accounts, investments, etc.) and subtracted the value of all of your liabilities (debts such as: loans, mortgage, credit card balances etc.), you would have your total net worth. The calculation is simple:

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