canadian finances

At some point in our lives, we’ll all be faced with a tough decision we didn’t see coming. In most caregiving situations, people enter the caregiving role with love and passion. Then pretty soon, they begin to see some of the bigger implications, such as how finances are a big factor in the choices that affect the care recipient OR the caregiver themself. In today’s episode, we chat with Shannon Lee Simmons, a Certified Financial Planner and the author of a new book “No Regret Decisions: Making Good Choices During Difficult Times”, to tackle some of the anxiety and emotional stress for caregivers that come with making important financial decisions. And answer the question, how do we make good decisions during difficult times?

Resources: 

• Shannon Lee Simmon’s new book: “No-Regret Decisions: Making Good Choices During Difficult Times” - https://bookshop.org/p/books/no-regret-decisions-making-difficult-decisions-in-difficult-times-shannon-lee-simmons/15788581?ean=9781443463454

• Connect with Shannon - https://shannonleesimmons.com/

• FCBC Overview of Financial General Resources, Tax Benefits and Credits for Caregivers - https://www.familycaregiversbc.ca/wp-content/uploads/2022/02/Guide-to-Financial-Assistance-for-Caregivers.pdf

• Involuntary Separation Article - https://www.familycaregiversbc.ca/wp-content/uploads/2020/02/Involuntary-Separation.pdf

• Government of Canada Benefits Finder - https://srv138.services.gc.ca/daf/q?id=37d7bcd6-f3f3-492b-ac3e-b869d7fb005c&goctemplateculture=en-ca

• Family Caregivers of BC Caregiver Support Line: 1-877-520-3267 (Mon-Fri 8:30am-4pm PT) 

• Canada Revenue Agency General Enquiries Line: 1-800-959-8281 (Mon-Fri 8 am- 8pm and Saturday 9am-5pm) 

Connect With Us!

To read a full transcript of each episode, visit the Family Caregivers of BC website https://www.familycaregiversbc.ca/podcast

Visit us at our office:

#6 – 3318 Oak Street,

Victoria, BC

V8X 1R1

Hours are Monday through Friday, 8:30 am and 4:00 pm

Telephone: (250) 384-0408

Toll-Free Line Within BC: 1-877-520-3267

Fax: (250) 361-2660

Email: info@familycaregiversbc.ca

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Thank you!

BC Ministry of Health - Patients as Partners Initiative - https://www2.gov.bc.ca/gov/content/health/about-bc-s-health-care-system/partners/patients

Organized Sound Productions - https://www.organizedsound.ca/

The rising cost of housing, groceries, gas and most other goods and services are weighing heavily on Canadian’s minds and budgets. Record inflation rates are taking a toll on stress levels. This is causing many to take action to get a handle on their finances. Licensed Insolvency Trustee, Leigh Taylor, addresses these concerns in today’s podcast. Taking positive steps to get a handle on your finances can alleviate the stress. Leigh talks about some of the options to deal with debt.

Other topics covered include:

• Current rates of insolvencies and what the future may hold
• How government programs have affected Canadian’s finances
• The first step to taking back the control of your finances
• The importance of getting all the family onboard with budgeting
• The role of a Licensed Insolvency Trustee and how they can help

Licensed Insolvency Trustees are considered to be some of the best financial advisors. They are licensed and regulated by the federal government of Canada and can help you take control of your debt.

About Leigh Taylor

Leigh began his career as an Official Receiver with the Office of the Superintendent of Bankruptcy. He is a Certified Professional Accountant and attained his license as a  Licensed Insolvency Trustee in 1980. 

LCTaylor’s mission is to help people get out of debt through compassionate care and professional service. With over 40 years experience in the insolvency field, Leigh and his staff have helped over 50,000 Manitobans solve their debt problems.

Additional Resources

• LCTaylor Licensed Insolvency Trustee
• $200 Away from Bankruptcy
• How to Avoid Financial Difficulty When Good Intentions Leave You Broke

This is the start of a long series of conversations, as it very well should be, since it entails both United States and Canadian “his story”. Our guest is “GM”, a Canadian by birth, but a citizen yet in good standing with his humanity. In other words, he cares about the well-being of everyone, enough to place telling of the … Read more about this episode...