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How I spend my monthly income as an oil and gas engineer. This just includes employment income. I have saved and grown a nice investment portfolio between real estate, stocks, RRSP, bonds/GICs and working on growing a business. That is where the majority of my savings/wealth is generated. #engineering #wealthymindset #bluecollar #financialfreedom #investing #oilfield #savemoney #jobs #makemoney
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Sitting on $200K in your corp? GICs and high-interest savings feel “safe,” but inside your corporation, you’re losing half to tax. 👎 50.2% on passive income 👎 Potential loss of small business deduction 👎 No long-term strategy Here’s what wealthy business owners actually do: They use corporate-owned permanent life insurance to build tax-deferred value inside the corporation and create tax-free payouts through the CDA. Want to see how this strategy could apply to your corp? 📩 DM me and I’ll sh
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