I shares my mistakes and insights on corporate taxes in Canada after 5 years of running my own business. This episode I discuss my personal experiences and provide valuable tips and advice for fellow Canadian entrepreneurs on navigating the Canadian corporate tax system. Whether you're just starting out or have been in business for a while, you won't want to miss this informative discussion. Tune in to learn more about corporate taxes and how they can impact your business in Canada. Get my free cashflow tracking template here: https://www.moneywithmark.ca/resources/google-sheets-budget-template/#download --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

In this episode of The Money With Mark Show, I share the personal story of how one business decision left me with $10,000 of debt, and the personal finance skills I'm using within my business, to get back on track. As an entrepreneur, we have to make a tough decisions that ended up having unexpected consequences for our finances. But rather than letting the debt overwhelm us, we should taken a proactive, "always learning" approach to paying it off and turning the experience into a valuable lesson. Tune in to hear Mark's story of financial struggle, determination, and ultimately, success. Whether you're an entrepreneur yourself or simply looking for inspiration to tackle your own financial challenges, this episode has something for you. Get your free cashflow tracking template for personal or business use here:https://www.moneywithmark.ca/resources/google-sheets-budget-template/#download --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

I've been using Neo Financial since it launched. In this video I'll dive deep into the pros and cons of Neo's cash back credit card 💳, savings account, and mortgages.  💰Get $25 FREE when you signup for Neo using my link: https://www.moneywithmark.ca/go/neo/  Read my full Neo financial review and give your review here: https://www.moneywithmark.ca/reviews/neo-financial-credit-card/ Neo Financial is a Canadian fintech company based out of Calgary, Ab. They have the best cash back credit card that I've seen and now have high interest savings account, mortgages, and managed investing products.   Neo Financial Pros: - Great cash back at local stores – surprised me! - BEST high interest savings account in Canada. - LOWEST mortgage rates I’ve found in Canada. - Earn interest on all your money - Auto deposits, auto pay (for you credit card), auto save   Neo Financial Cons: - Hard credit check required. Which isn’t so bad – but Neo does not make it clear when you signup that they’re doing a credit check. - Savings accounts suck. There’s barely any features – especially when compared to how incredible KOHO helps you save. - Robo investing is available – but my big question is WHY? I would’ve loved to see them skip the (high profit margin) robo investing and allow direct investing with no fees. That way I can buy low cost index funds, which is any personal finance nerd’s wet dream.   My IG: @MoneyWithMark https://www.instagram.com/moneywithmark/ TikTok: @MoneyWithMark   Music: bensound.org  Liability Disclaimer: https://www.moneywithmark.ca/disclaimer/*I may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only. --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

I lost $30,000 running my SEO company Make Your Mark Today Inc. Not in the checky way of "I could have landed this $30k client"  I actually missed out on $30,000 of revenue from accounting and invoicing errors and of course - my own personal failings. Subscribe to the Money With Mark podcast to keep posted on my business and wealth journey. --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

Elon Musk And Jeff Bezos are some of the world's wealthiest people. This is how they avoid taxes - and why you should do the same.  You might not know it but our tax system is designed to encourage this type of tax optimization. While billionaires do these wealth building strategies on a large scale. You too can use the same wealth building system they use to develop more income streams through rental properties, business investments and real estate.  What's really scary is how few people are taking advantage of these incentives. Anyone can follow their path. Build your income streams, build your assets, and stay in contact with the personal finance community to better your own situation.  Please let me know if you liked this video and if you want more like this.     ▶️ YouTube Channel:   https://www.moneywithmark.ca/mwm/youtube/ Social Media: Instagram:  @Money With Mark    Tik Tok:  @Money With Mark     MoneyWithMark.ca   Liability Disclaimer: https://www.moneywithmark.ca/disclaimer/*We may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only. --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

I've been using Koho for 5 years. In this video I'll dive into how YOU can use Koho. Learn the PROS and CONS of Koho's credit card here. 💳   💰Get an EXTRA 1.2% cash back when you signup for Koho using my link: https://www.moneywithmark.ca/go/koho-1   Koho Credit Building: https://www.moneywithmark.ca/go/koho-credit/ KOHO Premium: https://www.moneywithmark.ca/go/koho-premimum/ Koho is a Canadian fintech company that promotes themselves as being a big bank alternative offering high interest savings accounts and  pre paid credit cards. Ultimately Koho does hold up it's promise... but in my opinion they OVER deliver on their promise.   KOHO Features:  - Earn interest on all your savings - Joint account with your partner - Accept e-transfers from anyone! - No bank fees - No annual credit card fees - Easy to move money in and out of Koho - Spending insights & savings goals - Round up features - to help you save - Credit building feature   - No credit check! - which means you can't spend more than you earn - Huge cash back for your credit card   Koho Cons: - No ability to locate ATM's that are free for withdrawals - Got rid of their metal credit card - Weird negative spending thing - No investment account options - which I'm fine with personally   Read the full KOHO visa credit card review on my website https://www.moneywithmark.ca/reviews/koho-visa-card-review/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

I just did my tax return in LESS THAN 2 minutes. Seriously, this is a game changer. Get an extra $10 when you signup with wealthsimple tax here: https://www.moneywithmark.ca/go/wealthsimpletax/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

Don’t fall for the big banks fuckery! Make sure your TFSA is setup like this. Fully self directed TFSA at Wealthsimple Trade click here https://www.moneywithmark.ca/links/ The big banks are notorious for charging exorbitant amount of fees to Canadians in order to do anything. After paying hundreds of dollars to the big banks and only owning a mutual fund TF essay which severely restricted my investment access. I switched to Questrade and Wealthsimple trade where they’ve allowed me to have free accounts and have never charge me for any buying or selling of stocks ETFs are index funds. And you can do the same too. --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

In this episode I got to sit down and chat with a mortgage broker in Halifax and it was a great lunch conversation that I had with him and I got a learn a lot more about mortgages and how to better optimize your mortgage situation. For more information listen to this podcast or checkout his website https://alexlavender.ca --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message

Money can be complex and yes you can do complicated things with money but being wealthy and building your wealth is very simple. Follow these steps to build your wealth sustainably for years --- Send in a voice message: https://podcasters.spotify.com/pod/show/financial-independence/message