Author Archives: YourStyle Financial

A New Year, a New Financial Plan

The holidays are over and the celebrations are complete. Now it’s time to look forward to the new year and all the opportunities it brings. When it comes to resolutions, the focus always seems to center around appearances and hitting the gym. Perhaps this year it’s worth thinking about hitting the financial plans. Continue reading

Struggling with Finances? You’re Not Alone

Financial StressWhen you’re sitting at the table shuffling through a stack of bills, or you’re scared to check your email for fear of finding new bills, it’s easy to think you’re all alone.  It’s natural to become overwhelmed and believe there is no way to dig yourself out of your current position. This type of thinking plays directly into your perception of yourself and your self-worth.

Manulife has been studying the link between health and wealth since 2014. What they’ve found was in 2015, financial wellness was connected to productivity. In 2016, it showed that 40% of Canadians are financially unwell. I guess you’re not so alone after all… Continue reading

‘Tis the Season… To be Penny-Wise

Holiday BudgetingNo, not the creepy clown from IT, more like Uncle Pennybags. As we head into the holiday season, it’s easy to fall into a spending spree with no regard for your financial state. In a time when wish lists are pervasive and the urge to impress is rampant, it’s more important than ever keep an eye on your bank balance. Continue reading

Snowbirds Fly the Coop to Escape the Cold

Snowbirds Fly the CoopFor as long as memory serves, Canadians of retirement age have been moving south for the winter to escape the cold. This group of people are lovingly referred to as snowbirds. Despite the state of the dollar, Canadians are still holding to this practice. They are also one of the few groups of “foreigners” who are being welcomed by the United States.  Tourism from Canada spurs job growth in the destination towns across the US aiding in their economy. Not to mention that Canadians purchase 6% of all homes sold in Florida, therefore injects nearly half a billion dollars in property taxes per annum. Continue reading

Planning for the Unexpected in Today’s World

70687889_sIn 2017 the world has experienced some extremely traumatic events; many centered around major tourists areas. Many people were injured and killed in cartel related shootings in Mexico and most recently the tragic mass shooting in Las Vegas. We have even experienced suspected terrorist activities in Canada with the recent attack in Edmonton. Our hearts and sympathies go out to all those affected indirectly and directly by these events.

While we like to believe these circumstances will never happen to us, the sad reality is they can happen to anyone, anywhere. This is why it’s so important to plan for the unexpected. Continue reading