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 qualified 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.
A combination of using credit and debit cards, online shopping and social media can increase your risk of identity theft and fraud. Learn how you can protect yourself.
A major motivation to begin financial planning is to alleviate the fear of not having money later in life. But did you know that without a proper financial plan, many people find that they could have spent more in their earlier retirement years?
There are a lot of ‘firsts’ for new graduates, from first regular income to first payments on student loans. And it's just as important to identify and plan for financial goals at this life stage. Find out how a financial plan can help new graduates see the whole picture and stay on track for their future financial goals.
If you think you’re a bit late to the party when it comes to planning your retirement, you’re not alone.
If you think you don’t need a financial plan because you’re too young or not far enough along in your career, you’re missing an opportunity to take control of your finances.
By developing a financial plan tailored to your unique situation and goals, you can balance what you need and want today with your dreams for the future.
If you were born between 1980 and 2000, you’re a millennial, and you’re among those that will experience some of the biggest financial surprises of a lifetime. Here are five of them.
Boomers don’t have to manage their finances alone. There are experts who can help identify goals and assist in developing strategies to make them happen.
It's true, a baby changes everything in your life - including these 6 financial areas.
Here are some tips to help you provide a more secure financial future for your children, yourself and your parents.
The Baby Boom generation is facing a situation of balancing their own finances while caring for both their aging parents and their adult children.
Study reveals that Canadians with financial plans feel they are saving more, living well and experiencing higher levels of overall contentment in their lives.
The month between Blue Monday and Valentine’s Day is often considered the saddest time of year. Here's what you can do to wipe away the financial winter blues.
Are you turning a blind eye to your personal finances? You wouldn't be alone. A survey commissioned by FPSC found that confusion, a lack of knowledge or being overwhelmed are major reasons why Canadians are avoiding planning for their financial futures.
As a parent, it's reasonable to want to guide your children through the financial blizzards of early adulthood. But beware of “snowplowing parenting” - when well-meaning intentions drive parents to clear all financial obstacles from their children's path, even at the expense of their own finances. Learn what you can do to recognize and avoid these behaviours.
It happens to everyone. When an unexpected financial setback hits, saving money may be the last thing on your mind. Follow these steps to rebuild your savings and 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
With the help of a financial planning professional, parents that have special needs children, can help to ease the burden and shine a light on just how much a very special child can accomplish.
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.
Those of us who have lost a loved one know that it is one of the most stressful times in a person’s life. The death of a loved one brings an emotional roller-coaster ride full of shock, fear, confusion and uncertainty. Added to the emotional impact, it’s often a time when serious decisions need to be made, especially where finances are concerned.
Aging doesn’t eliminate the need to maintain a household, pay bills on time or manage investments properly. But what it often does steal is the ability to handle these tasks effectively.
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.
Research has shown that Canadians who plan properly are less stressed about their financial futures. Learn how a professional financial planner can help guide you to financial health.
How to combat the money worries that rob you of your peace of mind.
Kelley Keehn explains the consequences for women's health of stressing about money
A national survey conducted on behalf of the Financial Planning Standards Council (FPSC) has found that worries about money plague Canadians’ minds on a daily basis.
We share personal information with professionals in many areas of life: doctors, lawyers, dentists. However, we’re often reluctant when it comes to revealing all the personal details of our finances.
Tips to combat your worries and rediscover a calm, confident approach to your money and financial health.
Financial Planning Standards Council released the results of a new study which confirms that the majority of Canadians lack confidence in their financial knowledge.
Survey draws attention to the impact of financial stress on Canadians
Financial stress can have a big impact on your health, both mentally and physically. Battling financial fraud will help you keep your stress down.
People eager to improve their health may want to consider financial planning.
A new national study, conducted on behalf of Financial Planning Standards Planning Council reveals the role financial stress can play in the lives of Canadians.
According to a new national study, women are significantly more likely than men to lose sleep over financial worries.
You may be surprised to learn that identity theft is not limited to adults. Increasingly, children are also being targeted. Here's how you can help protect your child’s identity.
Many parents with adult children 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.
Financial education and literacy is rarely discussed in schools and usually not discussed at home. So as a parent, how do you know where to draw the line between your natural desire to help your children and the need for them to take care of their own financial future?
It's never too early to start teaching your kids sound financial habits. Learn what you can start doing now to help your children make wise choices about their money when they're young which will ease their reliance on you down the road.
Don your own mask first! When it comes to your finances, find out why it's so important to prioritize your long-term financial needs over your kids’ short-term desires.
Let the family feud begin. Financial Planning Standards Council (FPSC) commissioned a survey on Children and Financial Dependence and found that many parents say their millennial children are still financially dependent on them and some are even causing a financial strain.
How financial planning can help wean your children off the bank of mom and dad.
What to do when your adult children ask for money.
Kelley Keehn explains how self-confidence, rather than competence, can impact women's relationship with money.
Judy Paradi and Paulette Filion share tips for women on how to build a strong relationship with a financial planner.
When differences in spending and saving habits are not discussed between couples and within a family, it can jeopardize financial security, leave dreams unfulfilled, and cause marital and family tension.
When Boomers, Gen X-ers and Millennials come together under one roof, differing experiences and opinions about money can lead to family friction.
When you spend money or make investment decisions, you might actually be repeating the actions of your parents and family members without considering if those actions work for you.
Lending a helping hand and a few well-placed dollars to a family member during challenging times is an all too Canadian thing to do. However, there may be emotional and financial pitfalls firmly attached to your largesse. Here are five of them.
There’s one thing all Canadian families have in common: the need for a solid financial plan that takes into account life’s major changes.
Dr. Moira Somers provides tips for couples to effectively talk about money.
Ah, coupledom. Moving in together and getting married are major milestones in life. However, while you and your partner may be the perfect couple, what if your financial styles are a mismatch?
When the bonds of marriage begin to break, the impact can be immense. Separation or divorce brings an emotional blow that is often compounded by a financial hit.
A national survey conducted by Leger on behalf of the Financial Planning Standards Council (FPSC) has found that couples that share details about their personal finances argue significantly less about money than those who are less transparent (58% vs. 30%).
Any couple planning to share their lives should make a point of getting to know each other financially, as well as romantically.
When we’re faced with something that seems overwhelming, it’s easier to ignore it. Discover how you can confront your financial blind spots and create an actionable vision for your financial future.
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.
Women today are in the best position they’ve ever been to shape their own future. Find out the financial decisions women can make today to live the life they want in the future.
If you’ve just finished school and landed your first real job, you likely have multiple financial commitments and goals.
There are likely dozens of items on your lifelong wish list. However, while you might be able to have anything your heart desires, you can’t have everything. And no matter what you’re yearning for, chances are there’s a financial component to achieving your dream.
Achieving a rewarding financial future doesn't just involve scrimping and sacrifice. Discover five important things that you should do now to better manage the income that flows in during your lifetime.
Investments may be one of the most focused-on parts of your financial plan, with much of that attention on monetary reward. But your investments can reach well beyond the bottom line – and even your own lifetime – if your financial plan is aligned with your personal values.
Five things to consider before venturing out to purchase your own home.
Four ways to enjoy a fiscally responsible guilt-free vacation.
Tax season doesn't have to be a last minute scramble. Here are five tips to turn the headache of tax season into a financially sound future.
6 ways to manage your finances through financial planning.
Research indicates one in five Canadians strongly agree that they’re successful in sticking with their financial strategies. Here are a few ways to turn your goals into reality.
"I don’t know where to start, and I don’t know how much we need,” said a client of CERTIFIED FINANCIAL PLANNER professional Delores Moskal in their initial conversation.
With so much value placed on boosting literacy in today's society, why do many Canadians still have no problem going about their lives financially illiterate? Find out why this lack of knowledge has some pretty severe consequences for Canadians.
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.
To gear up for Financial Planning Week, here are simple steps you can take right now to help manage your financial affairs now and always.
Your financial situation and needs will change at different points in your life, but there are fundamental money principles that you can always follow to build your financial success.
Are you your own worst enemy when it comes to your money?
Avoid emotional money mistakes at tax time.
Minimize the anxiety associated with tax time and avoid surprise bills and penalties.
Become more aware of how much you're spending.
Find out how financial planning can help you prepare for the unexpected
Kelley Keehn shares steps that women can take to build their self-confidence about money.
We've probably all experienced the stress of an awkward money moment, whether it's at a restaurant, at a party, or even at home. But how do you defuse such a tricky situation?
Five possible uses for your tax refund that will pay off, now and in the future.
Take control of your financial clutter. Organize your financial records clear out desk and storage space—it’ll help you get organized and feel calmer.
You don’t have to go it alone when it comes to your finances, a CFP professional can help you put all the pieces of your financial life together,
Conquer your fear of missing out (FOMO) to get on top of your finances with these tips.
Tips to manage your impulse spending.
Whether you’re a university student, a couple just starting out, or a parent trying to stretch the family budget, balancing food costs with choices that are nutritious can be a challenge.
Find out how behavioural psychology impacts your everyday financial decisions.