Does food bank usage mean that our financial system is broken?
The demand for food banks has increased sharply and that underlies the significant financial challenges many Canadians face, writes Peter Watson. More families find it difficult to make ends meet. It seems everything is more expensive. Homeownership costs have risen largely because of the increase in the cost of borrowing and therefore mortgage payments are […]
Financial planning helps achieve lifetime goals
Financial planning should be celebrated as a useful process to help you achieve your lifetime goals. Behavioral economics shows us that if a person isn’t working toward something specific, they are more likely to over-spend on more immediate rewards, putting their future goals at risk. With a financial plan, you can formally review these goals, […]
