Blogs | Compass Wealth Partners


The Canadian First Time Home Buyers Savings Account (FHSA): A Game-Changer for Aspiring Homeowners

Are you dreaming of owning your first home? Well, there's great news for aspiring homeowners in Canada! The First Time Home Buyers Savings Account (FHSA) is a fantastic opportunity that can help you turn your dream into a reality. In this blog post, I will dive into the details of the FHSA program, its benefits, and how you can make the most of this opportunity with the guidance of a financial advisor, financial planner, or investment advisor.

Understanding the First Time Home Buyers Savings Account (FHSA)

Mastering Debt Management: Strategies to Achieve Financial Freedom

In this heightened interest rate environment, are you suddenly finding yourself struggling with debt? As a team with financial advisors and financial planners on staff, we’re finding that it's crucial to assist our clients in managing their debt effectively. In this blog post, we will discuss a few strategies that can help you pay off debt and achieve a sense of financial freedom. Whether you have credit card debt, student loans, or other financial obligations, implementing these strategies will allow you to take charge of your financial situation.

Cybersecurity Essentials To Better Protect Your Money

The internet is an efficient way for you to stay connected with family and friends. On the flipside, like any public environment, you need to be aware and cautious.  Fraudsters and scammers have particularly been active at trying to trick unsuspecting victims during the Covid-19 pandemic. Just as locks on your doors can help you secure your home and belongings, there are steps you can take to safeguard your computer and personal information.

Helping children build their money skills through hands-on learning

Financial literacy is increasingly being recognized as a necessary life skill. After all, fluency in the language of finance can help pave the way to greater economic security, especially when proficiency is learned early on. That’s why core curriculum for children as young as elementary-school age now includes financial education alongside other basics like reading and math. Nevertheless, one of the best places to learn about money continues to be at home.

Why work forever? A smart path to an earlier retirement.

Have you ever given much thought about retirement?  If so, do you know what steps you have to take to get there? 

Truth is, many Canadians are waiting until it’s too late to properly prepare for retirement.  Are you going to let that be you or would you be willing to take a series of small, manageable steps to put yourself in a better financial position?  You may even be able to retire earlier than you initially thought.


According to a survey conducted by the Canadian Federation of Independent Business in May 2018, nearly three quarters of Canadian business owners plan to exit their business within the next 10 years.  This is a staggering statistic and should provide all business owners the impetus to think more strategically about their future business goals and objectives. [1]


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