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Money is a tool to help you realize your life’s purpose. Therefore, when creating a financial plan, you want your financial goals to be aligned with your life goals.

42% of Canadians say their greatest stress is money. Stress has been reported to have massive health implications. What can you do to have a sound sleep again?

 

Credit scores are Canadian’s financial identity - it is the three digit number that informs future lenders, creditors, or employers how financially responsible an individual is. This score will dictate a person’s ability to rent an apartment, buy their own home or vehicle, and qualify for loans at reasonable interest rates. Despite being such a pivotal part of determining Canadian’s quality of life, many are unaware of their score!

Money is just one of those things that sometimes brings people as much pain as it does pleasure. As the economy in an up cycle of the recession, things are looking better but just the thought and uncertainty of an unstable economy is often enough to bring the fear back into people’s minds

The first step to managing financial stress is to identifying what is beyond your control.

Choosing a financial advisor is tough. There are generally a lot of options so how do you differentiate the crème de la créme of advisors who you can really trust to manage your hard-earned money?

Why don’t you test drive a few models before you make a final purchase? Most financial advisors offer a “free consultation” or some kind of ‘getting-to-know-you’ meeting where you can ask some questions before you commit.

You may have heard statistics or evidence that multitasking can actually make people less efficient. Actually, in many cases that’s true. Generally speaking, multitasking decreases the level of knowledge and understanding in a given task; and, sometimes it can lead to doing many things but not really accomplishing anything.

Before you get discouraged, however, think about this: what if the people studied in these statistics and data were just doing it wrong? Perhaps the outcome of multitasking is dependent on the approach?