Newsletter
Sections tagged with: "Financial Wellness"
← Curating the web to find the most interesting and helpful
information about your money.
Budgeting
Budgeting Tips - Incorporate only attainable income - Be reasonable with your spending - Keep an eye on your purchasing patterns - Regularly review your budget - Avoid using credit cards - Stay positive
Start building a better future with a budget today →Saving
Dear Life Kit: My husband shuts down any time I try to talk about our finances
Podcast: NPR Life Kit on talking about money with your partner →Saving
Love in the time of inflation: How to manage rising costs when dating
Podcast: Stress Test by columnist Rob Carrick on creative ways to meet the love of your life - while spending less →Serious stuff
Fifty Money Questions to Ask Your Partner
Use these 50 questions across four categories to jumpstart the conversation. →Budgeting
Building a budget helps you manage how you spend your money. When you control your spending, it’s much easier to achieve your financial goals, whether that is to save, pay off debts or simply live within your means.
Building a Budget: Helpful Tips for Students →Saving
Investing against climate change - Climate change is a growing concern for many young Canadians, with some questioning where they should live, what they should be saving for and how they should invest.
Podcast: Stress Test by columnist Rob Carrick - How climate anxiety is shaping small and large financial decisions →Serious stuff
You might not realize it, but there is something called financial personality, and it can play a big role in your ability to handle and manage money.
How Your Personality Is Affecting Your Finances →Investing
Investing Introduction
Whether you are new to investing or new to Canada, investing for your future is important.
Investing for your future →Serious stuff
4 Common Money Philosophies (And What They Say About You). Struggling with your finances? Your deepest-held beliefs about money might be to blame.
Which Script Do You Follow →Serious stuff
In 2021, 24% of people aged 15 to 49 had changed their plans with regard to having children as a result of the COVID-19 pandemic. Most often, they planned on having fewer children or having a child later.
Family Matters: A new addition to the family? It depends →Word of the week
Essential Expenses
These are expenses that are necessary. Another way to identify these expenses is to determine if they are 'needs' rather than 'wants'. Essential expenses might include: - Rent/Mortgage - Groceries - Utilities - Medical Expenses Unlike, restaurants, and entertainment, that are 'wants' or non-essential expenses and do not need to be made.
Follow every dollar - Track and analyze your non-essential expenses →Infographic of the week
Visualizing the Hierarchy of Financial Needs
Behavioural scientist Abraham Maslow wrote “A Theory of Human Motivation” in 1943, arguing that humans worldwide are influenced by a “hierarchy of needs”. This theory organizes human needs across five levels, where needs in the lower end must be satisfied before progressing onto the next level.
See the steps to creating a strong financial foundation →Saving
Rob Carrick talks to Paul Kershaw, a professor at the University of British Columbia and founder of Generation Squeeze, a group that researches intergenerational fairness, about why many millennials feel like the middle class is dead.
Podcast: Is the middle class dead for millennials and Gen Z? →Serious stuff
Learn the 101 of financial literacy with a fun, dynamic guide that makes money feel empowering, financial literacy becomes a life-long habit that pays dividends.
Financial literacy 101 from the Canadian Foundation for Economic Education →Infographic of the week
Visualizing Annual Working Hours
Comparing the number of hours people work in different countries can provide insight into cultural work norms, economic productivity, and even labor laws.
Where does Canada rank? How do your working hours compare? →Word of the week
Financial Literacy
Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. The earlier you start, the better off you will be, because education is the key to success when it comes to money.
Financial Literacy: What It Is, and Why It Is So Important →Serious stuff
Canadians' confidence in their ability to retire on time and debt free declined between 2016 and 2022, according to a new research report released by the Canadian Public Pension Leadership Council (CPPLC).
Research shows Canadians losing confidence in their plans for retirement →Saving
101 Ways To Save Money
Tips for saving up for a big goal, paying down debt or cutting costs →Investing
Millennials: 4 Tips to Start Investing Today
1. Build your credit 2. Open a TFSA 3. Invest what you can 4. Set some goals
Here are some tips to get started from Motley Fool →Infographic of the week
Ranked: The Cities with the Best Work-Life Balance in the World
"While some careers can be relatively stress-free, maintaining a healthy work-life balance can seem impossible for many. The easy access to technology, blurred boundaries around work and personal time, and fear of job loss push many to work overtime, and fail to use vacation time or sick leave."
How did Canadian cities measure up? →Word of the week
Emergency Fund
This is money that's set aside as a financial safety net. Depending on how much you have saved, an emergency fund could cover long-term expenses if you lose your job or with short-term unexpected events.
Start tracking your emergency fund today →Serious stuff
"How improving your financial literacy can help ease stress in a tough economy. Brushing up on your financial knowledge can help to build confidence and freedom."
Managing money can be difficult for anyone, regardless of their financial situation →Saving
If you’re looking for solid financial-planning strategies and information about the savings tools available, this podcast is for you.
Podcast: How to crisis-proof your finances →Fun stuff
"I don't have money on my mind Money on my mind I do it for, I do it for the love I don't have money on my mind"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.
Serious stuff
Take this self-assessment quiz to figure out how your financial literacy skills and knowledge measure up compared to other Canadians.
Financial literacy self-assessment quiz →Budgeting
You know a lot more about budgeting than you probably think. Even if you’ve never done any kind of household budgeting at all, you almost certainly already have had significant experience with it.
How To Make A Budget: 5 Time-Tested Approaches →Infographic of the week
Charting the Relationship Between Wealth and Happiness, by Country
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.
Does money really buy happiness? Let’s find out →Saving
Without emergency savings in place, an unexpected car repair or job loss could force you into debt and derail your goals.
Do you have 3 months’ worth of expenses in your emergency fund? See your scorecard today →Budgeting
You know a lot more about budgeting than you probably think. Even if you’ve never done any kind of household budgeting at all, you almost certainly already have had significant experience with it.
How To Make A Budget: 5 Time-Tested Approaches →Infographic of the week
How Gen Z Feels About Its Financial Future
Gen Z is an optimistic and driven generation. Many young people in this generational cohort are turning to entrepreneurship and side hustles as a way to supplement their income and build a brighter future.
Gen Zers have a more positive outlook on their financial well-being than their millennial or Gen X peers →Serious stuff
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 →