Azure Financial Solutions Inc.

Deals I worked on today :

✅ two life insurance applications submitted
✅one critical illness application submitted
✅docs prepared for a $75,000 TFSA new contribution
✅ docs prepared for tomorrow, when I will open a new RRSP for an existing client
✅sold one travel insurance policy for a client going to Europe
✅successor annuitant change forms prepared for two TFSA’s
✅Re-submitted a mortgage to another lender, as the first one declined the deal
✅one small disability insurance policy sold to a client that just bought a condo
✅another client reached $500,000 in his investments portfolio and qualified for a Prestige 500 client advantage . More interest will be added to his accounts, as a result of this qualification 💰💰💰💰💰. So happy for him ! 👍👍🥰🥰

‼️‼️‼️ I also renewed my E&O insurance for my financial planning business and setup the alert to renew my two licenses on June 16th .

Full day🤪🤪🤪 , but a very good day indeed 👏👏👏🌺🌺🌺👍👍👍🥳🥳🥳

How was your work day today ? Are you keeping up or not ? 😊😉

Are you looking for life insurance, disability insurance( accident and illness) accidental fracture coverage , critical illness insurance, travel insurance for you or friends / family visiting from abroad? RRSPs, TFSAs, FHSA’s, RESPs for your kids or unregistered investments?

I am a local Independent Financial Advisor, in business for 23 years . Also, a Commissioner for Oaths, Mortgage
Broker and Realtor .

Here is my page, feel free to follow it for financial planning tips and articles or send me a message from it to connect .

Doina Biolan B.Comm
Cell:403-613-2205

https://m.facebook.com/azurefinancialsolutions/jf

This year PROPERTY TAXES bill just arrived in the mail and, no surprise there , they have INCREASED GREATLY 🤦🏻‍♀️🥲 💸

I checked all my monthly mandatory bills trying to see where I can “ find the difference from”, but sadly I don’t see an option for that at this time .

So I came up with an “ extreme” idea, now that June 1st is around the corner . Yay , new month , new beginnings .

I am going to keep track , SEPARATELY, of everything variable bill category I have, to see if there is one where I am overspending unknowingly.

I split up these in the following categories : food, gas, household expenses ( cleaning supplies, repairs , improvements, garden etc ), entertainment ( restaurants, movies, etc ), office expenses, memberships ( AMA, gym, online subscriptions etc), clothing ( this will be zero , I know for sure ) , beauty ( nails, hair, any cosmetic procedures , cosmetic products ) , vacations ( I already have a max for this category , so this one is easy ).

For ever category I made a jar 🫙, and inside is a blank sheet of paper 📝. I will start writing on each of those papers the rounded up to the next dollar amounts for every category , every time I come from a shopping trip .

I will give myself 3 months to figure which category is “ out of whack “, and adjust accordingly .

How will the adjustments happen?!

- by finding cheaper stores / shopping platforms to buy the products I need
- by cutting the unnecessary expenses ( alcohol , snack , too many sweets )
-by using different stores discounts days, products on sale or credit cards or stores rewards .
- by possibly switching the type of cosmetics / brands or cleaning supplies.
- by doing things myself ( repairs, cleaning my house alone instead of a cleaning crew , working out at home instead of a gym membership).
- by choosing more affordable restaurants / happy hour times to go out
- by cancelling some subscription like Amazon and buying only when they have the “ free month trials “.

My home and car insurance , utilities, cell, TV and internet are being negotiated every year . So these are not on my list at this time.

Life , critical illness insurance and investments contributions are set in stone , so I won’t touch these . These get paid / contributed to first , along with my utilities , every month. NON- NEGOTIABLE , as my future depends on them .

What kind of savings ideas 💡 did you come up with in your household ?

Do you have questions on how you can save on certain bills ? Comment below and I will try to give you some tips . 😊

COMMISSIONER FOR OATHS SERVICES

Do you need a document witnessed by a Commissioner For Oaths ? Affidafits or sworn declarations? Car insurance declarations? Passport renewals? Witnessing separation agreements or wills ? Construction work completion declarations?

Please call or text to connect and have your documents witnessed in the comfort of your own home.

DOINA BIOLAN B.Comm
Commissioner for Oaths
Cell: 403-613-2205

Many Canadians simply sign their mortgage renewal offer without reviewing other options. Renewal can be an opportunity to improve your mortgage strategy, lower payments, consolidate debt, or better align your mortgage with your current goals. Before signing your renewal, please connect with me to review your options.

Doina Biolan
(403) 613-2205

The things I do first thing in the morning on the 20th of every month, before having my real estate 🏡 webinar :

- prepare a tea
- switch on the TV to listen to the news
- activate my business social media advertising posts for the day
- prepare for my webinar and then :
- check my business account
- check 3 credit cards balances and the posted statements ( the statements post overnight ) to see the total amount of balances
- transfer from my business account the closest ( and higher ) amount to the next $500 ( for example if the balances for all three credit cards is 1,366 , I transfer $1,500 from my business account to my HELOC . My accountant loves this, as she adds up all even transfers in less than a minute when she does my taxes and she gives me the amount of personal income I have to declare every year ).
- pay the credit cards from my HELOC 1 min later after the transfer . This guarantees I pay zero interest on my HELOC and also keeps the history of all my credit cards payments in one place . If I ever “ forget” if I pay a credit card , I just check my HELOC to find the exact amount of the statement . Paying in full every credit card , and the exact amount every time , helps finding and comparing the payments that got out of my HELOC with the statements balances amount ). No double payments and no missed payments .
- join my webinar and learn, as this never stops

After the webinar ends the work starts, for all my pending/live deals.

Today I have to finalize all the compliance documentation for the two life insurance applications that I wrote yesterday, contact more lenders for a complicated mortgage switch and then prepare the documentation for a new / potential client that I will meet tomorrow for the first time, to discuss starting her investment journey ( this is a referral from a client that I have had for 21 years ).

It will be a full day here, so , if you need my help for anything, you must message me , for faster response .

Have a super Wednesday everyone ! 🌹🌷🌹🌷

When you should apply for life/critical illness insurance? When you are young and HEALTHY.
Contact me for a quote:(403) 613-2205 😊

TAKING A VACATION SOON? Have family or friends visiting Canada?

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Get a quote and buy your policy in a few minutes here:
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If you need guidance, text me so we can setup a call to help you through the application, while doing in from the comfort of your own home: (⁨(403) 613-2205⁩

Doina Biolan B.Comm
Financial Advisor
Azure Financial Solutions Inc.

Investing motivation post .

This is a chart of a real case.

Client opened this account June 2024.

Last year , his account dropped 13% when Mr.T announced first round of tariffs . He bought the same amount of investments , again . First time when he did that, as usually this client is not that organized . It just happens that he saw one of my post on this page that was recommending everyone to purchase investments .

Then the market dropped another 12% , right after his purchase ( 2nd round of tariffs announced . Ups 😳). He bought again , the same amount of investments , this time with no fear .

Three months later his account recouped all “ loses” and made 11% profit in top of it .

One year later his account shows a whopping 30.86% profit since inception (2024).

This is why is important to buy REGULARLY . Every month . Because you never know when the market will drop and how much , and you CANNOT GUESS or control the day the market goes up suddenly . If you lose the day it goes up 🆙, your account will look way different .

Buying every month will help you in a long run, as you also buy units when the market is down the the unit prices are low .

And this is also the reason you do NOT switch your portfolio every time one of your last performing funds looks “ worst “ by a few percentages than last year for example .

Nor move the money entirely into a money market or a very conservative fund when the market goes haywire. It will take you YEARS to get back what you lost when the market had the dip . There are certain situations when funds switches are warranted, but believe me , that happens every rarely, if you choose the correct funds when you start investing.

You have no way of knowing when the market correction will happen and that is THE MOST IMPORTANT DATE for your portfolio 📊 📉 . Stay invested !

I will have another post later, with a a calculation that shows you how important is to start investing early and regularly and what compounding interest can do for you .

Stay tuned !

If you have questions or you want to start putting money aside for your future, call or text me to connect : (403) 613-2205