Investing in Peace of Mind

Integrated Financial Planning and Asset Management.
No fads. No guesswork. No drama.

What PWL can do for you
Investment Industry Regulatory Organization of Canada
Personal Wealth

Handling Money (and Taxes) with a Side Hustle or Self-Employment

If work for yourself or have a side hustle on top of your regular job, there are extra complications when it comes to calculating and saving for taxes. You might worry if you’ve planned things out properly or if you’ll be hit with a big unexpected tax bill. In this post, I outline how to handle taxes as a self-employed individual or side hustler and tips for managing your money.

Market Research

Tony’s Take: Getting mutual funds out of the closet

The Canadian stock market is relatively small by international standards and is dominated by a few large corporations. Indeed, the top 10 companies by market capitalization in the TSX Composite Index reads like a who’s who of corporate Canada, including four of the big five banks, Canadian National Railway, Enbridge, Suncor Energy and BCE.

Recommended Resources

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  • Honest, knowledgeable information. There is a big focus on teaching the basis for their decisions instead of just saying what they will do.

    Cameron has taught me a lot about how to invest my money in smarter ways. He took time to teach me how stock markets work and where stock market returns actually come from, instead of just suggesting specific funds and products to buy. I have never had another financial advisor that is this dedicated to their clients understanding of money and financial planning.

    Adam Becevello Software Developer

  • I’ve worked with a number of firms and what I can say is that PWL is the most methodical and client-focused advisory firm I’ve come across. They also happen to be the least salesy – which is very refreshing. When I consult with PWL, I know that they’re really recommending what’s right for me and that there is no hidden agenda or commission that is biasing any recommendations. The team also goes out of their way to service clients. They jumped through a number of hoops just to allow me to save a few basis points – they really didn’t have to – but that’s the extent to which they care, and that really builds trust.

    Aydin Mirzaee Co-Founded and Sold Fluidware to SurveyMonkey in 2014

  • PWL Capital has handled my finances for about 10 years. My confidence level is high as I start into a time of life when significant transitions are made. I rest assured that PWL and its staff are on top of my financial affairs and work within a conservative, reliable and standards-driven organization.

    Jill Willington Richmond Hill, Ontario

  • We have received outstanding guidance and support from Justin and Shannon. We especially value the math-based rationale and emphasis on asset location and tax implications. And then there is the highly responsive and accommodating style—including custom performance reports—reasonable fees, and willingness to go above and beyond.

    Arman Mirchandani Toronto, Ontario

  • Cameron is an excellent advisor who takes the time to consider individuals concerns and planning prior to creating a plan. I have referred to Cameron and will again.

    Josh Smith Tax Welch LLP

  • We chose Nancy Graham and PWL because of their 100% transparent management of our investments, and their calm, rational approach to investment strategies. Unlike most other investment advisors, PWL chooses investment vehicles without hidden commission and transaction fees, and thus do not suggest transactions that benefit the advisor more than the investor. Our investments, as selected on Nancy’s advice and expertise, have lower costs than commission-based products, leaving more return for us.

    Kristine van der Pas-Norenius, Entrepreneur and Strategy Consultant
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    Meet PWL Financial Advisors

    At PWL Capital, our focus is simple: we do what’s right for you, each and every day. In return, clients like you have rewarded us with more than two decades of trust, loyalty and respect.

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      Waterloo

      20 Erb St. W
      Suite 506
      Waterloo N2L 1T2 ON

      Toronto

      8 Wellington Street East
      3rd Floor
      Toronto M5E 1C5 ON

      Ottawa

      265 Carling Avenue
      8th Floor
      Ottawa K1S 2E1 ON

      Montreal

      3400 de Maisonneuve Ouest
      Suite 1501
      Montreal H3Z 3B8 QC