When Life Changes - Divorce & Career Downsizing

03/15/21 • 30 min

It happens.
You don’t want it to happen, but relationships change and employees get downsized. Those two events can have a major impact on your finances. There are ways you can navigate both.
Smart, calm, and comprehensive planning is the FIRST step.
Sara works with separating couples and workers who are resetting or even retiring after a layoff.
She offers impactful insight in SARA MAKES SENSE
Got a question for Sara? Send her an email at [email protected] and she might respond to it in an upcoming episode
Sara's website is https://www.wddevelopment.ca/

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Previous Episode

Your home office and your tax return

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Thousands of Canadians have been working from home for one entire year.
There are many pros & cons, but how does your new “workspace” or “home office” impact your taxes?
What are the benefits?
What can you claim or stay away from?.
Sara talks with our tax expert, James Rhodes. A person who had a front row seat to all the tax mistakes we all make because he worked for the Canada Revenue Agency. An insightful, impactful and timely inside look at the landlines that await when filing your 2020 taxes.
Guest: James Rhodes
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See James' presentation information https://www.wddevelopment.ca/Tax-Management.htm
Got a question for Sara? Send her an email at [email protected] and she might respond to it in an upcoming episode
Sara's website is https://www.wddevelopment.ca/

Next Episode

Make your cash do its job

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It happens in life, sometimes through a tax return, severance payment, increased income, inheritance, or the sale of a house. There are occasions when cash comes your way in a lump sum.

It can be a good problem to have, but a solved problem gets you closer to your goals.

In this episode of SARA MAKES SENSE, we withdraw the myths about cash and deposit some useable, workable takeaways to solve your cash problem.

Blog post related to episode: https://www.wddevelopment.ca/blog/

Got a question for Sara? Send her an email at [email protected] and she might respond to it in an upcoming episode
Sara's website is https://www.wddevelopment.ca/

Sara Makes Sense - When Life Changes - Divorce & Career Downsizing

Transcript

Sara McCullough: (00:16)
It's hard to believe that we're over one year in, living with COVID. I clearly remember a phone call with a physician client of mine in March of 2020. At that time, the schools had been closed for two weeks and he said to me, “Sara, this isn't going to be two weeks to flatten the curve, it's going to be at least eight to 12 weeks and you need to be prepared for that”. And here we are, 52 weeks in and counting. Just the number of changes and the level of uncertai