Our Blog

Karma Financial prides itself on providing our clients with informative content and up to date news regarding our services

Things to Consider When Renewing Your Term Insurance Plan

When it comes to choosing life insurance, term insurance offers several benefits including simplicity, predictability and affordability. Lower premiums in the early years allow you to maintain the same standard of living while providing you with crucial income...

Changing Gears – From Accumulation to Decumulation

You’ve been diligently stashing away some money from every paycheque, contributing to your RRSP and/or TFSA. Perhaps you have a defined contribution pension or, if you’re one of the lucky ones, the defined benefit version. Whatever your process, when it comes to...

Protecting Your Estate

You’ve worked hard throughout your lifetime and this hard work has finally paid off. Perhaps you’ve accumulated assets beyond even those that you may need to enjoy a carefree and relaxed retirement that will eventually be passed on to your heirs. However, some of...

The Travel Bug – When Travel is Too Risky

There was a recent time when the expression “travel bug” meant nothing more than an enthusiasm for travel, a need to explore and see the world. Since COVID-19, this term has taken on a far more ominous meaning as the majority of travel has come to a grinding halt and...

It’s Beginning to Look a Lot Like Tax Season

Everywhere you go Take a look at your T5 and T4, or you may soon be poor With all the taxes at your door. It’s that lovely time of the year when everyone is full of cheer (the 2020 brand of cheer, that is!) And now, tax season is just around the corner....

Check out my recent podcast with The Fitness Oracle, where I discuss Saving Effectively, Life Insurance, Financial Planning for Small Business Owners , and Critical Illness!...