Live Beginner Course
Adulting 101
We exit academia and enter the workforce ready to establish ourselves as physiotherapists. We have the entry-level knowledge and the soft skills to land us our first job. We get our first paycheck and decide to treat ourselves to a fancy meal, a nice outfit, and a memorable night out. Then we realize we have student and car loans to pay, rent to come up with, a house to save for, and taxes to account for, and we feel the social pressure to invest but have no clue where to start. This was my story, and I’ve devised a plan for how to live the life I want without exclusively trading my time for money
Date: TBD
Starting time: TBD- Evening or Weekends
Duration: ~3hrs (Including Q & A)
Clinical Team: Regent Health Centre
Location: In Clinic
After this course you should:
Have a better understanding of why your mindset is your most important asset
Determine what ‘retirement’ means to you and how to create goals to ‘retire’
Understand the importance of compound interest, investing early and often
Know basic financial/stock market/investment terms and concepts
Why investing is the only way to combat inflation and grow your net worth
How your income classification with affect your taxes, your expenses, and your bottom line
Topics will include:
Mindset, Budgeting and Goal Setting
Money and the Influence of Family and Friends
Financial Planning for ‘Retirement’
Compound Interest and Compound Good Will
The Canadian Dream- Case Study
Debts/Liabilities/Assets and Why It’s Crucial to Know the Difference
THINGS I WISH I HAD KNOWN EARLIER IN MY CAREER
Types of Income (Employee-Sole Proprietor-Corporation)
Stock Market Terms (Stocks, Bonds, Mutual Funds, ETFs)
TFSA/RRSP/Non Registered Funds
Spenders/Savers/Investors and How Inflation is Eroding Your Wealth
Credit Score- what it entails
Insight on Purchasing your first Home (FHSA, RRSP FHBP)
Actionable Steps (7 Step Savvy Saving System)