FP Advisors

10/17/2026

Saving for your children's future matters. So does making sure their future doesn't come at the expense of yours.

For families with children, education savings may be one part of the bigger financial picture.

An RESP is a Canadian account designed to help families save for a child's post-secondary education. Eligible contributions may also qualify for government education savings incentives.

That said, education savings don't exist in isolation.

Families may also be balancing mortgage payments, everyday expenses, emergency savings, debt repayment and their own retirement goals.

The question isn't simply whether you have an RESP. It's whether education savings are part of your financial approach and how they fit alongside your other priorities.

Explore your financial approach at PlanDIY.ca

10/16/2026

A raise is good news, but do you know what actually happens when your income crosses into a higher tax bracket?

First, an important Canadian tax fact: moving into a higher tax bracket generally doesn't mean all your income is taxed at the higher rate. Under a progressive tax system, the higher rate applies to the portion of taxable income within that bracket.
Here's the bigger question: would you understand how a change in income could affect your financial decisions?

A raise might create an opportunity to increase savings, pay down debt, invest more or revisit your financial priorities.

The best next step depends on your circumstances. The starting point is understanding the options available to you.

See where you stand with 13 questions at PlanDIY.ca

10/14/2026

TFSA or RRSP? The better choice isn't necessarily the same for you and your neighbour.

It's a familiar question for Canadian investors.

A Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP) both offer valuable tax advantages, but they work differently.

Your income, tax situation, financial goals and when you expect to need the money can all influence which account makes sense for you.

There's no single answer that's right for everyone. The important thing is understanding the differences and considering how they fit your circumstances.

So, which would you prioritize?

Take the 13 questions at PlanDIY.ca

10/13/2026

“If PlanDIY only asks 13 questions, how valuable can the results really be?”

It's a fair question, and it's exactly why we want to explain what's happening behind the scenes.

PlanDIY is designed to make the experience simple, but that doesn't mean the thinking behind it is.

Behind those 13 questions is a bank of nearly 200 questions. The algorithm uses your answers to help determine which questions are most relevant to your situation.

That means not everyone follows the same path.

Your answers influence which questions are selected, helping PlanDIY build a more relevant picture of your financial priorities, strategies, understanding and approach to managing your finances.

We could ask everyone all 200 questions, but that would take considerably more time, create more friction and potentially overwhelm people before they get started.

Instead, we've put the complexity into the technology so you don't have to experience all of it yourself.

The goal isn't to make you answer more questions. It's to make the questions you do answer count.

Now, let's be clear about what PlanDIY is... and isn't.

Thirteen questions won't capture every detail of your financial life, replace a comprehensive financial plan or answer every question you may have.

What they can do is give you a useful starting point: a high-level view of where you stand, what you're thinking about and which areas may deserve a closer look.

At FP Advisors Inc., we believe getting started shouldn't require a complicated process or a meeting with an advisor.

Sometimes, the most valuable first step isn't having all the answers. It's knowing which questions are worth asking next.

13 questions. About 10 minutes. A clearer starting point.

See what PlanDIY can help you uncover.

Start your Financial Reset at PlanDIY.ca

10/12/2026

Borrowing to invest can magnify your gains. It can magnify your losses, too. How well do you understand the trade-off?

It's called leveraged investing, using borrowed money to invest.

Some investors consider it as a way to increase their market exposure, but borrowing to invest can also magnify losses and leave you responsible for debt even when investments fall in value.

It's not a decision to make casually. Whether the strategy is appropriate depends on factors such as your financial circumstances, ability to absorb losses and understanding of the risks.

You don't need to have every answer, but knowing how you think about investment strategies, and where you may need to learn more, is useful.

Explore your financial approach with 13 questions at PlanDIY.ca

10/10/2026

You can have ten financial goals and still be unsure what to do with your next dollar.

Paying down debt?

Building an emergency fund?

Saving for retirement?

Growing your investments?

Or focusing on something else entirely?

Most of us have more than one financial goal. The challenge is deciding what deserves our attention first.

Your priorities can change as your circumstances change. What mattered five years ago may not be what matters most today.

Taking a moment to identify your top priority can help you think more clearly about where you're focusing your time, money and effort.

That's Question 3 of the PlanDIY Financial Reset.

13 questions. About 10 minutes. A clearer picture of where you stand.

Start your Financial Reset at PlanDIY.ca

10/09/2026

Your financial decisions don't always affect just you. Sometimes, the stakes are much bigger.

A partner. Children. Parents. Other family members.

The people who depend on you can influence your financial priorities, the decisions you make and the risks you need to consider.

When thinking about your finances, it's easy to focus on your own goals: paying down debt, saving for retirement or growing your investments.

Your bigger financial picture may involve other people, too.

Understanding those responsibilities is an important part of thinking about what you need your money to do, and what you want to protect.

That's Question 2 of the PlanDIY Financial Reset.

Thirteen questions. About 10 minutes. A clearer starting point for understanding your financial approach.

Take the Financial Reset at PlanDIY.ca

10/08/2026

We’re excited to see FP Advisors and the launch of PlanDIY featured in the St. Albert Gazette.

The article takes a closer look at the thinking behind PlanDIY and why Dave and Cory Faulkner built it in the first place: Canada has a financial planning advice gap.

Many Canadians could benefit from financial planning, but traditional advice doesn’t always feel accessible, affordable, or like it was built for them.

PlanDIY is our answer to part of that problem.

It’s a free DIY financial planning tool that gives Canadians a simple way to look at their financial picture, identify potential gaps and opportunities, and determine what they may want to do next.

It starts with 13 questions and looks at four key areas: retirement, savings and investments, debt management, and security and risk.

No advisor meeting required. No fees. No pressure. And no need to provide banking information.

Just a place to start.

We’re proud of what Dave and Cory have created and even more proud that they’ve chosen to make it available to Canadians at no cost.

Thanks to the St. Albert Gazette for helping tell the story.

Read the article, then take PlanDIY for a spin at PlanDIY.ca

10/08/2026

We’re excited to see FP Advisors and the launch of PlanDIY featured in the St. Albert Gazette.

The article takes a closer look at the thinking behind PlanDIY and why Dave and Cory Faulkner built it in the first place: Canada has a financial planning advice gap.

Many Canadians could benefit from financial planning, but traditional advice doesn’t always feel accessible, affordable, or like it was built for them.

PlanDIY is our answer to part of that problem.

It’s a free DIY financial planning tool that gives Canadians a simple way to look at their financial picture, identify potential gaps and opportunities, and determine what they may want to do next.

It starts with 13 questions and looks at four key areas: retirement, savings and investments, debt management, and security and risk.

No advisor meeting required. No fees. No pressure. And no need to provide banking information.

Just a place to start.

We’re proud of what Dave and Cory have created and even more proud that they’ve chosen to make it available to Canadians at no cost.

Thanks to the St. Albert Gazette for helping tell the story.

Read the article, then take PlanDIY for a spin at PlanDIY.ca

https://www.stalbertgazette.com/your-money/local-financial-advisors-aim-to-close-the-financial-advice-gap-with-free-software-12850925

Dave and Cory Faulkner of FP Advisors are repurposing professional-grade software to provide the general public with accessible retirement and debt management tools.

10/07/2026

We’re excited to see FP Advisors and the launch of PlanDIY featured in the St. Albert Gazette.

The article takes a closer look at the thinking behind PlanDIY and why Dave and Cory Faulkner built it in the first place: Canada has a financial planning advice gap.

Many Canadians could benefit from financial planning, but traditional advice doesn’t always feel accessible, affordable, or like it was built for them.

PlanDIY is our answer to part of that problem.

It’s a free DIY financial planning tool that gives Canadians a simple way to look at their financial picture, identify potential gaps and opportunities, and determine what they may want to do next.

It starts with 13 questions and looks at four key areas: retirement, savings and investments, debt management, and security and risk.

No advisor meeting required. No fees. No pressure. And no need to provide banking information.

Just a place to start.

We’re proud of what Dave and Cory have created and even more proud that they’ve chosen to make it available to Canadians at no cost.

Thanks to the St. Albert Gazette for helping tell the story.

Read the article, then take PlanDIY for a spin at PlanDIY.ca

https://www.stalbertgazette.com/your-money/local-financial-advisors-aim-to-close-the-financial-advice-gap-with-free-software-12850925

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Dave and Cory Faulkner of FP Advisors are repurposing professional-grade software to provide the general public with accessible retirement and debt management tools.