MONEY THAT REFLECTS YOU
It’ s more important than ever today to take control of our finances given the changing economic and political landscape here in Canada. Often our money decisions are made in isolation of what really matters in our lives. But what if we could bridge that gap? A really helpful approach is to consider our financial decisions in light of our health, our happiness and our core values.
Think about it. Do your spending habits contribute to your overall well-being? Do they add moments of joy to your life, and are they genuinely in line with your goals and values? When we make these connections, managing our money feels a lot more purposeful. It can even help you make decisions like retiring earlier, having less stress around debt, and less friction among spouses around money. An essential first step is examining your cash flow, what comes in, and more importantly, where it goes out.
$
Susan J. Vincent CLU ®, FEA, CFP ®, CIM ®, RRC ®
Insurance Advisor and Family Business Consultant, Propel Insurance and Advisory Inc.
It’ s easy to have a general idea of where our money goes, but think about it. Are your dollars really being directed towards what matters most? A helpful tool can be what we call the real-life cash flow model. You might be surprised when you take a detailed look at where your money is going. This isn’ t just about listing income and expenses. It’ s about looking at each item and seeing how it aligns with your most important daily activities and longterm goals.
Taking control of our finances doesn’ t mean a complete overhaul. It starts with making small, daily conscious considerations about where you’ re spending your money by simply asking yourself how a regular purchase or spending decision fits into your overall life plan. By making more intentional choices around your money, you can have a more secure and fulfilling financial future. Thank you, Marc and Mandy, for letting me help you with your finances.
Propel Insurance & Advisory Inc., www. propeladvisory. ca