Mike The Financial Advisor
mikethefa.bsky.social
Mike The Financial Advisor
@mikethefa.bsky.social
Licensed Financial Advisor
CFP® Professional
Ontario, Canada
Epic Beard

Rexfordfinancial.com
"Finance" in the name...blue checkmark...

Thinks nobody should ever use credit cards, ever - for any reason.

OK bud...👍

Not all financial advice is created equal - be careful where you get yours from.

#FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy
February 4, 2026 at 2:30 PM
Insta Q&A: What's the best method to keep track of spending?

#FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #FinancialPlanning #CashFlow
February 3, 2026 at 1:31 PM
Sick of calling an 800 number and talking to a random person at a call centre about your investments?

Reach out anytime - you don't have to press 1 to get a hold of me.

#MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy #FinancialPlanning
February 2, 2026 at 1:02 PM
Starting to trend in the right direction again! 

It was 64% in 2019 - right before covid.  Just a guess...but I'm thinking the pandemic wiped out a lot of Emergency Funds and they haven't been built back up yet.  Just a guess though.

#FinancialFactFriday #FinancialAdvice #EmergencyFund
January 30, 2026 at 1:03 PM
January 29, 2026 at 1:31 PM
"Finance" in their name but has a fundamental lack of understanding about how debt and taxes work.

Not all financial advice is created equal - be careful where you get yours from.

#FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation
January 28, 2026 at 2:30 PM
It's not usually about affordability...it's about priority.

#MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialPlanning
January 26, 2026 at 4:10 PM
January 22, 2026 at 1:31 PM
NO IT'S NOT!! 🤦

"Nothing" might happen right away but eventually...
-interest/fines/penalties
-loss of government benefits (CCB, etc)
-garnished wages
-jail for tax evasion (rare)

Not all financial advice is created equal - be careful where you get yours from

#FinancialAdvisor #FinancialAdvice
January 21, 2026 at 3:30 PM
Insta Q&A Follow Up:  Yes, the Home Buyers' Plan is tax-free...the First Home Savings Account is also tax free...but they're different accounts.

#FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy #FHSA #HBP #FunkoPop
January 20, 2026 at 6:03 PM
Insta Q&A: Does the HBP money have to be put back into my RRSP?

#FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy #RRSP #HBP
January 20, 2026 at 2:02 PM
To be clear, there's nothing wrong with NOT being an aggressive investor...just understand the amount of investment risk you're comfortable with and act accordingly.

#MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialPlanning #Investing
January 19, 2026 at 4:34 PM
What a lovely thing to wake up to.  Thanks!

#FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy
January 17, 2026 at 2:30 PM
If you have the same priority for 2026, and want some help to make sure you hit your goals, reach out...I know a guy who can help ;)

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy
January 16, 2026 at 1:02 PM
Nickname your hands "Emergency Fund" and "Insurance" and BLOCK THE DAMN BALL!!

#MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialEducation #EmergencyFund #Insurance
January 12, 2026 at 1:40 PM
The gap in Ontario was the largest (over 30%), with people requiring $794,400 of coverage but only having $552,000.

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #FinancialEducation #LifeInsurance
January 9, 2026 at 6:29 PM
Technically I'm still on vacation but who doesn't love a 12 hour tax course to wrap up their time off, am I right?!!

#FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #Taxes #IncomeTax
January 6, 2026 at 5:22 PM
December 19, 2025 at 4:18 PM
Have you SEEN the price of Ten Lords-A-Leaping this year?!!  GREAT GOOGILY-MOOGILY!!

#FinancialFactFriday #FinancialAdvisor #FinancialAdvice #FinancialLiteracy #FinancialEducation #12DaysOfChristmas #TenLordsALeaping
December 19, 2025 at 2:10 PM
December 9, 2025 at 1:32 PM
At an average annual rate of return of 8%...

$50/month can turn into over $9,000 after 10 years or over $28,000 after 20.
$100/month can turn into over $18,000 after 10 years or almost $57,000 after 20.

Will any of those amounts make you rich? No...

But they ain't nothing!

#MoneyMemeMonday
December 8, 2025 at 1:02 PM