BUSINESS MONEY SHOW RETURNS Mieet Mike in person DO YOU want to save income tax? Then get set for Many Happy Returns (even if it isn’t your birthday)! The North Shore News and Cer- tified General Accountants Association of British Columbia are co-sponsoring the 1990 Mike Grenby Money Show. It will be held on Jan. 27 at Carson Graham Secondary. Tickets will be avail- able soon at the North Shore News (watch paper for further details). My theme is ‘44 Ways to Save Income Tax’? and I can almost guarantee you will pick up ideas that could save you hundreds, if not thousands, of dollars. Many of those savings could continue year after year. I will have a slide presentation plus handout material to explain the various tax strategies in plain English. Topics will include: * How to earn $100 an hour tax- free around your home. * Using RRSPs to save you the most money. * The many ways you can still split income to lower tax. * How to have more money by not getting a tax refund. *Nine advantages of incorpora- tion. -* Letting Ottawa help you pay debt costs. CGAs and other local financial experts will also be at the show to provide information and answer your questions about all areas of financial planning — saving, in- vesting, borrowing, basic/ sophisticated money management techniques, retirement planning — as well as income tax. ~ All 13° Mike Grenby Money Shows sold out last year, so you should get your tickets soon. Hope to see you to save you some tax! ee I don’t imagine Lord and Lady Baden-Powell had financial plan- ning in mind when they introduced the ‘‘Be Prepared’’ motto for the Boy Scouts and Girl Guide move- ments. Yet a little preparation before you meet with your banker, broker, accountant or other finan- cial adviser can pay big dividends in the world of personal finance. You might even consider this a worthwhile resolution for the new year — and decade — namely, to to administer the estate. APPOINTMENT NOTICE The Honourable Bud Smith, Attorney General for British Columbia, is pleased to announce ihe appointment of N. I. (Nick) Cameron as Deputy Official Administrator, effective January 1, 1990, for the Vancouver Region which includes Powell River. The Deputy Official Administrator handles estate administration matters for individuals who die with- out a will and have no heir who is willing and able Mr. Cameron is a chartered accountant and senior partner in the firm: Cameron, Pietrobon, Wong, #550- 1050 West Pender Street, Vancouver, BC V6E 357. Mr. Cameron's areas of practice include both estate and tax accounting and brings many years of experi- ence to this newly created position. MINISTRY OF THE ATTORNEY GENERAL get a ‘‘money”’ steno pad to help with this preparation. Many of us still get rattled when we meet and deal with a financial specialist. We often forget some- thing we wanted to say or ask. Preparing ahead of time — even if it’s writing down only a few key words — will ensure you cover all the important points. dollars and sense Michael Grenby Off to apply for a loan? Mote in your pad why you want or need the money, how you want to repay the loan, any security or collateral you are prepared to provide — and most important, all the reasons why the banker should give you the lowest interest rate, repayment flexibility and other benefits. These reasons would include the amount of business you have al- ready done or are prepared to move to that financial institution, your credit record and so on. Meeting with your broker? List the topics you want to discuss, like a review of performance over the past year, a change in your objec- tives (like more/less growth and so less/more income), concern about the market, service being provided, your relationship with the broker, and so on. When you see an accountant, write down what financial changes have occurred in your earnings, investments, spending directions over the past year — and your plans for the upcoming year. Try to provide this sort of background information rather than simply presenting yourself and saying: “Here | am —- what can | do to save tax?” The same applies when you meet with a financial planner, for a general review of your personal fi- nances — whether it’s to do with earning, saving, borrowing, in- vesting, reducing tax, planning for retirement, checking insurance coverage, doing estate planning and so on. Try to provide as much infor- mation as you can about both your financial situation (income, outgo, assets, debts, etc.) and your per- sonal situation (cash needs now and in the future, type of invest- ment personality, past money management successes and failures, job or family changes). Again, write down what help and advice you expect from the fi- nancial planner. This preparation will enable the adviser to be more effective — and will keep your costs down if you are paying an hourly rate. eee Mike Grenby is a Vancouver- based columnist and independent financial adviser; he will answer your questions as space allows in his column — write to him c/o North Shore News, 1/39 Lonsdale, North Vancouver V7M 2H4. CHAPARRAL DRY DOG FOOD ¢/100 GRAMS | 29 - Sunday, Jannary 7, 1990 - North Shore News BALDWIN £- COMPANY Professional Levet Lynn Valley Centre (N.Van.) 985-8000 Reliable Legal Services | ATTENTIVE ACCESSIBLE | AFFORDABLE Did you know that recent research shows that girls-only schools are the best environment for the education of girls? | * K-12 ¢ College Prep ¢ Girls’ Day School York House Scnoor * Bilingual Programmes * Financial Aid Testing and interviews will be held between January and April. For applications or information you are invited to contact: York House School 1500 West King Edward Ave., Van. B.C. V6J 2V6 Tel: (604) 736-6551 FAX (604) 736-6530 Admission to York House School is open to all qualified girls regardless of race or creed. PRICES CFFECTIVE JANUARY CHAPARRAL CHUNK 20 KILOGRAM BAG 5 wee de : — SAVE-ON-FOODS 4 DRUGS |@ - ~ ; a TTT] What is Permanent Discount? FETUS Maar puatent ard Myoe whee bre 4eut Stina ire POE AF evar PES