The distribution of wealth is an important measure of the economic power of each generation. In the U.S., for example, baby boomers own half of the nation’s $156 trillion in assets despite making up 21% of the country’s population.
Why create a budget? - To accomplish a financial goal - To save money - To reduce expenses - To understand your true relationship with money better Invest the time in yourself and create sound financial practices that can last you a lifetime.
Budgeting is the first step towards financial wellness →Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.
Your daily coffee habit is probably costing you a lot more than you think. What if you skipped buying two coffees a week and invested that money?
"A $5,700 wedding dress for $64. Expensive baby items for a fraction of the price. Construction materials to renovate a home."
What to consider before you start a budget: - Think about your financial goals - Identify your short-term and long-term goals - Make saving for those goals part of your budget
Take these simple steps before you make your budget →In 2022, the number of people moving to Alberta hit its highest level in almost a decade. At the same time, a record number of people left Toronto for other provinces.
Throughout history, the pursuit of happiness has been a preoccupation of humankind. Of course, we humans are not just content with measuring our own happiness, but also our happiness in relation to the people around us—and even other people around the world.
What artist is on the top of our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.
SMART financial goals help you identify exactly what you want and how you plan to achieve it. SMART goals are: - Specific - Measurable - Achievable - Relevant - Time-Based
Start setting SMART goals and track your progress over time →Making a budget can help you balance your income with your savings and expenses. It guides your spending to help you reach your financial goals.
Why make a budget →A first home savings account (FHSA) is a registered plan allowing you, as a prospective first-time home buyer, to save for your first home tax-free (up to certain limits). You will be able to open an FHSA starting April 1, 2023.