FROM FINANCIAL MESS TO FINANCIAL FREEDOM Dan had by all appearances made it. He had a big income as an executive earning in excess of $120K per year and his wife earns $34K as a bookkeeper. They also had over $200K in RRSP’s. But at the end of the day after paying all his credit cards, lines of credit and his mortgage, Dad had no money. After reading us in the Welly he called to ask for our help. We went to work re-organizing his debt and were able to pay nearly $70K off in high interest debt and eliminate$2,800 in monthly payments. The best part is, even with all the debt gone his new mortgage payment is only $1,200 over $240 less than he was paying before. Now with his finances under control with cash flow and money left over from the refinance, Dan was able to buy a $300,000 duplex in Guelph. He couldn’t come up with the full down payment so we arranged a small 2nd mortgage. Bottom line, he is clearing $700+ a month from the two rental units. A month later when Dan mentioned to us that his RRSP portfolio with the bank was losing money, we suggested he consider moving his RRSP’s into in self directed  RRSP’s so he could invest in another income property or in private mortgages where we can get him a return of 8 – 14%. With our professional advice and guidance Dan is now well on his way to creating the financial wealth and security he has been dreaming of for years.