Demystifying new job paperwork

In this episode of Financial Toolbox, Josh Davis of CIBC Private Wealth and CPA Andrea Stepka unpack the often-overlooked financial side of NIL deals, including how this income is taxed, why many athletes are treated as self-employed, and how quickly families can get into trouble without planning. They explain the importance of building the right financial team early, setting aside money for taxes, understanding deductible business expenses, and using structures like LLCs when appropriate. The conversation also highlights the critical role parents can play by supporting, rather than controlling, the process and helping young athletes build financial literacy that lasts beyond their playing years.

Starting a new job at any age or stage may leave you feeling overwhelmed by the new-hire paperwork and benefit selections offered by your employer. Understanding and properly completing employment-related tax and benefit elections can be a key factor to success on your financial journey.

In this episode of Financial Toolbox, host Kevin Kehoe and SBA expert Paul Liles break down the fundamentals of SBA lending, explaining how government-guaranteed loans help small businesses access capital when conventional financing falls short. They discuss key benefits including lower equity requirements, longer repayment terms, and support for collateral shortfalls, as well as the main SBA loan programs available. Tune in to gain practical insights into eligibility, the application process, and the advantages of working with a preferred SBA lender, so that you can make informed decisions about your business financing needs.

In this episode of Financial Toolbox, host Kevin Kehoe and guest Todd Gordon dive into the critical topic of cash flow for small businesses. They break down the difference between profitability and cash flow, explore how accounts receivable, inventory, and payables interact, and highlight common pitfalls that can jeopardize a business’s financial health. Listeners will also learn how access to bank financing can bridge cash flow gaps and support long-term growth.

In this episode we discuss what goes into building a new company, from developing a community of support and sourcing capital partners, to ensuring that the advice you take from others doesn’t jeopardize the integrity of your mission.

In this episode titled "Understanding the business loan cycle,” our host  Marilyn Lawrence Payne joins Kevin Brooks to discuss small business loan cycle from the perspective of two season lenders. You’ll hear practical examples of what borrowers often encounter when matriculating through the loan cycle and what you need to know to set yourself up for the best possible outcome.

In this episode, "What to expect when applying for a personal loan,” our host Steven Yi joins Mark Schmidt to discuss the sometimes-overlooked considerations when exploring loan options and what you can expect once you’ve applied. They cover how to determine what loan is right for you, interest rates, collateral, and what factors make an application stand out to lenders.

In our first episode, "The Importance of savings for your financial wellbeing," our hosts Michael Hill and Drew Marquart discuss the vital role of savings in achieving financial goals. They cover strategic savings plans, priorities for different life stages, low to no-fee savings solutions, and the benefits of credit cards as cashback tools. Tune in for valuable insights to enhance your savings strategy and support your journey to financial wellness!