With higher housing, transportation costs and food prices, many Canadians feel the effects of inflation each time they open their wallets.
Budget Busters — The Impact of Inflation on Everyday Life By Amanda Reaume →Financial stability does not always mean wealth, but financial sufficiency as defined by each person. In order to build financial stability, it normally takes time to collect enough funds for general living in the future and emergency incidents that may occur.
7 Steps to financial stability by CHUBB →Financial resilience is the ability to withstand life events that impact one's income and/or assets.
Steps Toward Financial Resilience →Financial vulnerability and financial stress are mainstream issues affecting Canadians of all income levels and in particular more vulnerable populations.
Free Financial Resilience Score Tool →Canadian resources to help improve your financial well-being 1) Budgeting and money management 2) Paying down your debt 3) Smart ways to save 4) Protecting yourself 5) Income taxes and you 6) Planning for retirement 7) Multimedia and interactive resources 8) Financial wellness at work
Use these helpful resources to find more information on the topics that matter to you here →Financial wellbeing is learning how to manage your money and resources responsibly with an eye toward long-term financial security.
Explore resources to improve your financial wellbeing →Financial wellness means having a comfortable sense of financial security and having enough money to meet all needs and demands in your life.
What is financial wellbeing? →This was originally posted on the Voronoi app. Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably. This visualization illustrates the income necessary for two working adults with two children to maintain a comfortable lifestyle in each state.
The income a family needs to live comfortably in every U.S. State →One in four Canadians are unable to cover an unexpected expense of $500, according to StatsCan.
Budget planning can help you live a better financial life and save for unexpected expenses →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 →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 →← Curating the web to find the most interesting and helpful information about your money.