Skip directly to content

budgeting

Back to basics

on Wed, 04/04/2012 - 08:57

 

I had a few meetings lately with some referrals from my clients, thanks to them :) But I found that people are not having the basic idea of how to build a sound financial plan. Of course, I can understand that investment is always exciting and interesting, fact that lots of people want to learn (and see) their money grow than the boring "saving" talk. However, they are not seeing how important stability is.

 

A good advisor should not be showing you what you want but the best solution for you.

Please do not hesitate to talk to an advisor... for your own good

on Wed, 09/14/2011 - 18:59

 

Manulife Financial (one of my business partners) released a series of illustrations on a survey (Canada's 2009 Canadian Financial Capability Survey) result yesterday: Making Cents: A Study of the Financial Literacy of Canadians, which shown that many Canadians have real challenges with financial literacy. From budgeting for today to planning for tomorrow.
 
I would like to say something on these findings.
 
 
The first thing I am not very happy with (worry rather), is that 48% of home buyers (maybe even current homeowners) saved less than 5% of the cost of their home.