HEY, LIFE HAPPENS, RIGHT?
You might be thinking about stress (and how to have less of it), you might find yourself caught in the middle of something you might have predicted but didn’t plan for (like taking the financial reins from your aging parents), and sometimes you just get thrown a complete curve ball, like losing your job or dealing with a child born with special needs. We get it.
With any of these life events, you don’t have to go it alone, especially when it comes to managing the financial impact. A solid financial plan can help you prepare for these life events and bring you closer to your life goals. And it’s never too late to create one.
The right support can make all the difference—but it has to be someone you can trust. These articles will also show you how a professional financial planner can make the difference between feeling out of control and having a path to financial confidence.
Here’s the Plan™ Email Newsletter
Subscribe to our free monthly newsletter, Here’s the Plan™. Every issue includes a selection of actionable tips to help you prepare for life events and bring you closer to your life goals. Here's a sample.
As the population ages, many Canadians expect that providing financial support to their elderly parents will have a major impact on their personal finances, a recent survey commissioned by FP Canada™ and Chartwell Retirement Residences reveals.
An encore career is a great time for a fresh start. Learn how to make a financially rewarding transition back into the workforce.
A financially secure retirement may be a thing of the past. Here’s how you can ease the pressure and hasten the return to stress-free senior years.
Working past age 80, credit card debt, the vanishing pension plan. Read the national survey that looks at financial jeopardy among Canada’s seniors.
Are you spending enough? Without a proper financial plan, many people find that they could have spent more in their earlier retirement years.
By understanding how financial abuse happens and recognizing these warning signs, you can be in a better position to speak up for yourself. Learn more.
Many Baby Boomers are struggling to balance finances, care for aging parents and support adult children. Here's what you should know.
Learn about the third stage of retirement and what you should be aware of when it comes to preparing for medical expenses and other long-term care costs.
In the second phase of retirement, your healthcare expenses may increase as you seek more help with your day-to-day needs. Here’s what you should know.
In this first in a series of three articles, a CFP professional shares tips for transitioning into retirement.
This overview of the three-part “Navigating Retirement” series, outlines common priorities and missteps when planning for your post-work years.
Leaving your retirement planning to your partner, your kids or an employer is not the best plan. Here’s how you can take matters into your own hands.
If you think you’re a bit late to the party when it comes to planning your retirement, you’re not alone.
Boomers don’t have to manage their finances alone. Learn how you can get help to identify your goals and develop strategies to make them happen.
Here are some tips to help you provide a more secure financial future for your children, yourself and your parents.
Research suggests women feel they lack comfort and knowledge of financial matters. Learn how you can empower yourself and the women in your life to realize financial independence.
Have you overlooked parts of your life which may be influencing your finances? Keep these areas in mind to build and maintain your financial well-being.
Women today are in the best position to shape their financial futures. Make these financial decisions today in order to live the life you want in the future.
These days many women are feeling the stress. Kelley Keehn explain why this is the case and the consequences that stressing about money can have on women's health.
Find out why your self-confidence, rather than your competence, has a bigger impact on your relationship with money. Kelley Keehn shares helpful tips to start building your confidence.
According to a nationwide study, Canadian women are significantly more likely than men to lose sleep over financial worries.
A national survey illuminates the financial secrets that Canadians are keeping from their partners. View the full results.
Research shows that money is the number one reason that many couples argue. Psychologist Dr. Moira Somers, helps couples approach this conversation.
Having a different financial style than your partner doesn't mean you're incompatible. Follow this advice to find common ground and achieve your dreams together.
During a separation or divorce, the right advice is paramount in guiding you through tough economic and lifestyle transitions. Here's where you can turn.
A national survey shows that couples who share details about their finances argue significantly less about money than those who are less transparent.
Couples planning to share their lives should get to know each other financially, as well as romantically.
Did your parents talk to you about money when you were growing up? Do you find yourself wanting to educate your own children about budgeting, saving and other financial topics, but don’t know where to start?
Identity theft doesn't just affect adults. Increasingly, children are also being targeted. Follow these tips to help protect your kids from identity theft.
Learn what you can do to help your children make wise choices about their money when they're young, and ease their reliance on you down the road.
Differences in spending habits can jeopardize financial security and leave dreams unfulfilled. Here's how to approach this tough conversation.
When multiple generations live under one roof, differing perspectives on money can create family friction. Find out how to approach money with each generation.
Take this quiz to understand how the lessons you were taught about money in childhood have influenced your spending and saving habits as an adult.
When family turns to you for financial help, you may feel obliged to lend money that you really can’t afford to give. Here's what you should consider first.
However, for families with special needs children—especially those that have the most complex needs—literature shows that income actually decreases.
Modern Canadian families vary greatly when it comes to family dynamics, structure, and goals. Find out what common need unites us all.
As housing prices in Canada continue to hover near record high levels, a new survey reveals that a growing number of Canadian parents plan to help their children buy a home.
The steep costs associated with college and university are taking a growing toll on the finances of both students and their parents. The Student Debt Survey reveals that eight-in-10 Canadians with children under 18 say they intend to assist their children with post-secondary costs, and nearly half expect that this will cause them to postpone their retirement.
Are you clearing financial obstacles for your children at the expense of your own finances? Learn what you can do instead to preserve your finances.
Many parents believe one of the ways to get their kids started in life is to help them buy a house. Here's what you should consider before committing.
As a parent, how do you know where to draw the line between your natural desire to help your child and the need for them to take care of their own financial future?
Don your own mask first! Find out why it's so important to prioritize your long-term financial needs over your adult children's short-term desires.
Let the family feud begin. A national survey finds many Millennials are still financially dependent on their parents and some are causing a financial strain.
Financial support from Mom and Dad has become a necessity for some young adults. Here's how to make sure the future looks bright for everyone.
Students and Young Adults
There are a lot of firsts for new grads. Find out how a financial plan can help new grads set themselves up for success with future financial goals.
If you've just finished school and landed your first real job, you're in the perfect position to set financial habits that will serve you well for the rest of your life.
If you think you don’t need a financial plan because you’re too young or its too early in your career, you’re missing a big opportunity for your finances.
If you’re a millennial, you’re among those that will experience some of the biggest financial surprises of a lifetime. Here are five of them.
Every life stage
Regardless of how you came to fly solo, there are unique financial challenges to manage. Learn how you can live life to the fullest without sacrificing enjoyment.
Your financial situation will change at different points in your life, but there are fundamental money principles that you should always follow.
What misconceptions are preventing you from benefiting from financial planning? Dispel these stubborn myths and start planning for your financial future.
The dream of crossing your own threshold is within your reach, if you take the right steps. Here's what to consider before venturing out to purchase your own home.
Don't get to the end of the road and find out you're at the wrong destination. Follow these tips to start accelerating toward your financial goals.
As a parent, it feels even more important to ensure your loved ones are well looked after if anything should happen to you. Here are six financial areas to reconsider.
Aging doesn’t eliminate the need to maintain a household or manage finances. But it can influence our ability to handle these tasks effectively.
Study reveals that Canadians with financial plans feel they are saving more, living well and experiencing higher levels of overall contentment in their lives.
Achieving your goals
Learn how you can confront your financial blind spots and create an actionable plan for achieving the financial future of your dreams.
Let's face it―deciding between wants and needs is tough. Why not plan for both? Here's how you can enjoy the life you want at a price you can afford.
Financial goal setting will help you hone in on the items on your lifelong wish list that are most important to you and establish the route to get there.
Achieving a rewarding financial future is more than scrimping and sacrifice. Learn how you can better manage the income that flows in during your lifetime.
Discover how you can make investment choices that not only enhance your financial well-being but support your personal values.
Many of us struggle with conflicting financial priorities. Learn how can you juggle your needs and wants, today and in the future.
Despite our best intentions, our financial goals often get lost in the whirlwind of daily life. Follow these tips to get your finances in order and realize your dreams.
Without a financial plan, it's impossible to know if you’re using your resources the best way you can. Here's why you should start financial planning today.
Building your financial confidence
CPA Canada developed the Financial Wellness Guide, an interactive questionnaire that aims to help you understand money basics as they apply to you.
When it comes to money, many of us are tripped up by mental accounting errors. Talking to a professional with help you overcome this challenge.
While much value is placed on boosting literacy, financial literacy receives far less attention. Find out what consequences this carries for Canadians.
Start your financial planning engines. Here are 10 simple steps you can take right now to help manage your financial affairs now and always.
Many Canadians are living on the financial brink. Learn how proper financial planning can help prepare you for the unexpected.
Believe in your ability to achieve your financial goals. Kelley Keehn shares simple steps that all women can follow to help build their confidence about money.
You don’t have to go it alone when it comes to your finances. A professional financial planner can help you put all the pieces of your financial life together.
Follow these tips to overcome your Fear of Missing Out (FOMO), prevent overspending and keep your credit card balances under control.
Combating financial anxieties
Are you turning a blind eye to your personal finances? A national study helps explain why Canadians are avoiding planning for their financial futures.
Money is one of the greatest causes of worry for many Canadians. Learn how to combat the financial anxieties that rob you of your peace of mind.
A national survey shows that worries about money plague Canadians’ minds on a daily basis. Do you share these common financial anxieties?
It's normal to feel reluctant to share the personal details of your finances with a professional financial planner. Find out how to overcome these anxieties.
Escape your money worries. Follow these tips to rediscover a calm, confident approach to managing your financial and emotional health.
A nationwide study confirms that the majority of Canadians lack confidence in their financial knowledge and worry a lot about their financial situation.
dealing with life’s challenges
The saddest time of year is considered to be between Blue Monday and Valentine's Day. Here's what you can do to wipe away the financial winter blues.
Use of credit and debit cards, online shopping and social media can increase your risk of identity theft. Learn how you can protect yourself.
When an unexpected financial setback hits, saving money may be the last thing on your mind. Follow these steps to get back on track with your financial goals.
For those facing fluctuations in income, here are tips to help set you on the path to financial stability.
Canadians are experiencing three major shifts that will impact how much we have to save and the financial planning choices we make
Job loss is one of those life events that packs a whammy, both financially and emotionally. Here are five key financial questions to consider after a job loss.
The death of a loved one is an emotional rollercoaster. Take steps now to guard against the financial challenges that often accompany these difficult times.
Learn how to get your affairs in order so that you don’t burden your family with difficult financial decisions while they are in a stressful period.
Making day-to-day financial decisions
The holidays are chaotic but they don't have to be. Follow these ten tips and plan for a stress-free (and debt-free) holiday season.
Are you your own worst enemy when it comes to your money? Look out for these five ways you might be inadvertently sabotaging your finances.
Determine if you can stick to your budget before you implement it. Discover how you can get an accurate understanding of your spending needs.
Here are four tricky money situations that happen to everyone and tips on how you can navigate your way through the next awkward encounter.
Take control of your financial clutter. Here's how to get your financial records organized so you can feel calmer.
Learn to identify your spending triggers, create obstacles to prevent spending, and develop a more harmonious relationship with your money.
No matter what stage you are in life, knowing how to prepare healthy meals on a small budget is a beneficial skill to have. Here's how you can get started.
Behavioural psychology can explain why you may not always act in your best interest. Find out what is impacting your everyday financial decisions.
Managing stress about money
Canadians ranked money as their greatest stress according to the latest Financial Stress survey commissioned by FP Canada. Read the full results.
Research has shown that Canadians who plan properly are less stressed about their financial futures. Find out how planning can improve your financial health.
Acting as a caregiver to your loved one may carry emotional, relationship and financial stresses. Here's what you need to know as you take on this role.
Avoid the dreaded experience of facing post-vacation credit card debt. Learn how to put a plan in place to pay for your trip before you pack your suitcase.
A national survey finds that Canadians rank money as their greatest stress. View the full results to discover how money stress is impacting Canadians.
Many people think that it will never happen to them but anyone can become a victim of financial fraud. Follow these tips to help protect your financial future.
Financial stress can have a profound impact on the body. Learn how stress can manifest in your body and what you can do to prevent its negative effects.
Canadians are losing sleep over money – and they are lying about it. Read the results of a nationwide study about how Canadians' cope with financial stress.
Navigating tax season
Your understanding of your tax refund affects how you treat it. Learn how to avoid emotional money mistakes related to anticipating a tax refund.
Tax season is a stressful time that seems to become more complex each year. Here's a way you can minimize anxiety and avoid surprise bills and penalties.
Tax refunds…big or small, we love them all. But like any financial windfall, the challenge is to balance having fun with being wise when deciding just what to do with it.
Making a contribution to reduce last year’s taxes is often done in a rush at the last minute. Follow these tips to replace hasty decisions with informed choices.
Tax season doesn't have to be a headache. Here's how to turn tax season into a financially sound future.
Choosing among the many worthwhile charitable causes while also maximizing the benefits of tax incentives can be a tricky road to navigate.