Wealth Management by Monica Weissmann CFP, CIM

Are you wasting money without realizing it? Small, unnecessary expenses can quietly drain your budget over time. Many people overspend on things like unused subscriptions, overpriced name brands, and frequent tech upgrades. These habits may seem minor but add up quickly. Smart spending leads to better financial security. Read below to see the full list of money mistakes to avoid. https://lnkd.in/eQWdXbYt #smartspending #savemoney #financialplanning #moneymistakes

Tax season is here! are you making the most of your tax benefits? Small tax-savvy moves can help you keep more of your hard-earned money and set you up for long-term financial success. Here are four key strategies to optimize your taxes: ✅ Contribute to Your RRSP – Lower your taxable income and build retirement savings. 💰 Maximize Your TFSA – Grow your investments tax-free. 📈 Explore Tax-Advantaged Investments – Reduce tax liabilities while increasing wealth. 🔍 Claim Deductions & Credits – Medical expenses, education costs, and charitable donations can add up to big savings. 💡 A smart tax strategy is more than just filing on time, it’s about making your money work for you. Start planning today! #taxseason #wealthmanagement #RRSP #taxplanning #monicaweissmann

📉 Market ups and downs are normal—what matters is how you respond. Diversify to manage risk, think long-term, and stick to your plan to stay financially resilient. Stay informed, invest wisely, and keep your future on track. To learn more please contact us: 📞 Office: 416-628-5770 ext 3910 ✉️ Email: monica.weissmann@manulifewealth.ca #investing #wealthmanagement #financialplanning #monicaweissmann

💳 Drowning in debt? Debt consolidation might help you take control of your finances. It combines multiple debts into one payment, often with a lower interest rate, making it easier to manage. But is it the right move for you? Read more: https://lnkd.in/gVquXkx9 #monicaweissmann #debtfree #debtconsolidation #financialplanning #moneytips

🎭 Purim is a story of courage and preparedness—just like financial planning. Queen Esther’s bravery teaches us the importance of taking action at the right moment, much like having an emergency fund to handle life’s surprises. The tradition of giving during Purim reminds us that financial security isn’t just about saving but also about generosity and planning for charitable giving. And just as Purim symbolizes resilience, building long-term wealth requires consistency and strategic investments. 📌 What financial lesson from Purim resonates most with you? #purim #monicaweissmann #financialplanning #financialadvisor

💡Women face unique financial challenges—but they also have incredible financial power. 💰 3 smart money moves every woman should make: 1️⃣ Invest early – Time in the market beats timing the market. 2️⃣ Take charge – Financial independence starts with financial confidence, work with a trusted advisor. 3️⃣ Plan ahead – women live longer—make your money last. ♀️ Happy International Women's Day! #IWD2025 #womenandmoney #financialindependence #monicaweissmann

Living with a partner but not married? You may be in a common-law relationship, which can impact your taxes. About a quarter of Canadians are common-law, according to a 2022 study. This status offers tax benefits but may also reduce perks received as a single filer. Read more below: https://lnkd.in/guwZ236i #monicaweissmann #commonlaw #taxes #taxbenefits #taxescanada

How time flies! Here’s a blast from the past from, me at 5 years old! — now it’s your turn! Drop a throwback pic of your younger self in the comments! ⬇️ #ThrowbackThursday #TBT #LetsSeeYours

Estate planning is more than finances—it’s about ensuring your loved ones are cared for. Here’s what to consider: 1️⃣ Create a Will: Ensure your assets go to the right people. 2️⃣ Choose a Power of Attorney: Someone you trust to make decisions on your behalf. 3️⃣ Minimize Taxes: Strategic planning can reduce the tax burden on your heirs. Let’s work together to create a plan that reflects your values and safeguards your legacy. 📞 Contact me to start planning today. #estateplanning #financialsecurity #familyfirst #monicaweissmann

A CRA audit can be stressful, but avoidable! 🚨  Common mistakes like reporting inconsistent income, excessive deductions, or missing documents can increase your chances of getting flagged. Learn 10 red flags that could trigger an audit and how to protect yourself. 📖 Read more: https://lnkd.in/dBywSWze #taxplanning #CRA #wealthmanagement #monicaweissmann #cra #audits