Honey Financial is a one stop shop for all your financial needs. We offer Mortgages, Financial Planning services, Investments and Life, Disability, Critical Illness Insurance. Your trusted Scarborough Mortgage Broker. A mortgage advisor that is here to assist you on every step of the journey. If you have any questions regarding mortgages in Scarborough, or life insurance please contact us, your financial advisor in Scarborough.
I have currently worked with Mr. Rick Honeyford as my financial advisor for over three years. My original discussion with Mr. Honeyford was based on my goals of setting up the necessary RRSP contributions. As our discussions progressed, I began to understand the full suite of capabilities that Mr. Honeyford's organization provides to help clients.
I have currently worked with Mr. Rick Honeyford as my financial advisor for over three years. My original discussion with Mr. Honeyford was based on my goals of setting up the necessary RRSP contributions. As our discussions progressed, I began to understand the full suite of capabilities that Mr. Honeyford's organization provides to help clients.
Services
Just a little bit about me, I have been working in financial services for over 19 years. I'm a qualified Certified Financial Planner, life insurance agent, and mortgage broker, I can help you with your government pensions, rsp's, Resps, along with many other investment vehicles. My personal interests include rugby which I started playing in high school and still play on occasion.
We offer a full range of residential mortgage products to our clients from many different lenders. Let us work with you to find you the best mortgage for your financial needs. We offer refinancing so that you can consolidate debt or to help you fund that home renovation. First mortgages, second mortgages, third mortgages.
One of the first concepts that it is important for people to understand when investment planning is Real Rate of Return. You may have heard people say that if you have your money in GICs or high interest savings accounts you are actually losing money.
On the surface this doesn't make any sense, if you are getting 2% interest, for example, and the principle invested is also guaranteed (Usually CDIC insured in fact) then how can you be losing money?What they are referring to is the Real Rate of Return on your money. More properly they should say that you are losing buying power if you are invested in a GIC or any investment with a low interest rate return.
On the surface this doesn't make any sense, if you are getting 2% interest, for example, and the principle invested is also guaranteed (Usually CDIC insured in fact) then how can you be losing money?What they are referring to is the Real Rate of Return on your money. More properly they should say that you are losing buying power if you are invested in a GIC or any investment with a low interest rate return.
Reviews (4)
Rose Royaals
Oct 08, 2019
Report
Rick Honeyford of Honey Financial was instrumental in helping me purchase my 1st home. As a First time home buyer I had many questions and Rick was there to answer them literally any hour of the night. He worked tirelessly with me trying different approaches until we got it right. I would recommend Rick because he is knowledgeable and patient and is willing and works hard to get the job done.
Marjorie Tarasco
Jan 07, 2019
Report
Gil Legerman
Mar 28, 2017
Report
Fred Lair
Jan 30, 2017
Report
