We are always happy to talk to or assist the Media.
Please speak with Danielle or Tracey at firstname.lastname@example.org or (905) 474-9292
We are always happy to talk to or assist the Media.
by Danielle Andrews
Being self-employed is paradise. You have no one to answer to except the clients you choose to work with, a work schedule you choose, the money you make for the company is your money, you get tax write-offs and tax-breaks on everything from housing to your vehicle. It is great to be self-employed.
One thing most of us don’t like to think about are the securities you give up when working for yourself; Pension Plans, Long and Short-term Disability, Unemployment Insurance, Employee Health Plans, taxes being deducted and calculated for you, etc. There are definitely perks to working for someone else.
To get the best of both worlds, one must pay attention to the unsexy side of self-employment: personal finances.
Often when I talk to self-employed people they mention their long-time goal of winning the lottery. I know I will win the lottery one day, but apparently a bunch of other people think they will too. So to all of you who probably are not going to win the lottery, what is your retirement plan?
It may seem crazy to think about retirement when you are so young, but if you don’t start planning for it now, you will have nothing to live on later. How are you preparing yourself and your finances for the day that you are too old to work? You need to have enough money put aside to support yourself for about 20 years. If you were working for someone else, 20-40% of your income would be deducted for taxes, pension plan, etc. In order to plan for your future, it is time to start taking the same amount and putting it aside for the same things.
What you need to do now:
- Put aside 20-30% of your income for taxes, every month (assuming you choose to use those tax write-offs and breaks available to you.)
- Open an RRSP. Now.
- Quit paying your landlord’s mortgage, buy something. That investment will help you later on.
- Get a Life Insurance policy. Protect your loved ones.
Many of us can not picture working for someone else ever again. I know someone who owned his own company for 35 years, just last month he went out of business and had to go work for someone else, at the age of 60, because he doesn’t have enough saved or put away in RRSPs to be able to retire. This is not a situation any of us can imagine, so please take steps now to ensure you will be in control of your finances later.
By: Tracey Manailescu
Recently I was shopping with one of my clients for his tuxedo and his six groomsmen’s suits. Mom, Dad, Grandma, Grandpa, the Bride-to-be, his best man, and two groomsmen filled out our awesome little group at the store. The staff came up to the Bride-to-be and I, and asked who Mom was. We said that is the Groom’s mom. She turned to the Bride-to-be and said, “Wow. I feel sorry for you. She would drive me crazy!” Well, the Bride-to-be and I stood there with our mouths open for a couple of seconds, then the Bride-to-be turned to me and shook her head to just let it go. I immediately changed the subject and we moved long. Whoa!!! Remember, we were there to spend quite a bit of money on the Groom and his six groomsmen.
We decided not to mention this incident to the Groom. You can bet your sweet patootie that I will never recommend bringing another client there. Ever! I also will be making a call to the store’s Manager once the wedding is over.
Another event that comes to mind was at a conference. One of the staff (a key staff for the event), who happened to be running the registration desk was openly gossiping and complaining about an attendee who was just at the desk a few moments before. This was in front of others waiting in line. This same person was later falling over drunk at a scheduled activity at the same event. Unbelievable!
For me, both of these incidents are inexcusable. Where is their professionalism? These are both people who are being paid or put in a position of authority related to overseeing clients.
There is a HUGE difference when you are slated in a role set out as a person in charge. We have produced several conferences, led FAM trips, run WPIC classes, and have seen a lot from attendees over the years.
One of the craziest experiences as a Conference Producer was when one of our attendees decided to try to change our schedule of events so that another attendee could squeeze in their vow renewals in front of all of us. Somehow they thought this was going to fly by us, and all would be groovy. Wait, what? At that same conference, two other attendees tried to change the order in which photos were being taken. They tried to shuffle our scheduled HUGE group photo event (that was a part of the Conference) to a later time, so that they could get a private photo shoot ahead of our group one. They did all of this behind our backs with yelling at the Photography Department to try to sway them. Thank goodness, they called us right away to let us know what was going on.
When I first saw WPIC alumni Jennifer LaVie’s wedding on Facebook last year I was floored! She has this magic touch to make everything she does stand out and does it in such a way that it is romantic, unique and different than anything else I have seen. Prince Edward Island is lucky to have her and her company, Kiss the Bride.
Her very own wedding in the Italian countryside gave me goosebumps and I practically begged her to let us feature it (okay, okay I really and truly did beg her). If romance, sunsets and true love are your thing, then this one’s for you!
Congratulations, and thank you for allowing us to share your gorgeous wedding and heartfelt words with us, Jennifer and Shawn!
“Going to Italy has been a dream of mine for a long time, and I assumed that it was a long way off. I certainly never thought I’d get to go for something as amazing as photographing a wedding. Shawn & Jennifer are a very lovely, genuine couple, so to travel to such an incredible place to photograph the wedding of such an incredible couple literally was a dream come true for me. I am so grateful to have been invited along to be a part of their beautiful wedding adventure in Italy.” -Heather Wilkinson of Heather Wilkinson Photographer
“A lot of people questioned us when we decided to get married so far away from home. It wasn’t easy, but it was definitely worth it. We had a ton of stressful paperwork to endure for the legality of being married in Italy as well as through the church. We struggled against language barriers, culture differences, time zones. We delayed the wedding for over a year to allow extra time for everyone to plan and save (including us). In short, it felt like we waited a decade. We now look back at that time with so much happiness. It was absolutely the most amazing 3.5 weeks of our lives. Side note – thank you to my mom who at times literally pulled me through days where I thought I couldn’t endure the stress any more.
Cocktail Catering & Handmade Gelato: Bar Gelateria Tre Archi
Rehearsal Dinner: Ristorante Re Squarchio Petritoli
Travel: Travel Deals – Janet Ingham – Your Destination Expert
Cocktail Venue: Osteria de Le Cornacchie
Photo & video: Heather Wilkinson | photographer
Accessories: Accessories by Talia
Stationery: Noteworthy Design Co.
Flowers: Roberto Monaldi
Italian Planner: Italian Weddings in Le Marche Blog – Wedding Planner Marche