With so many ways to manage your money, it’s can be hard to know which advice is best. This week, Derrick and Travis talk with Island Savings’ Branch Manager, Barb Fabian, about figuring out which financial habits and practices will help you stay on track.  

1:25 Money Problem: A client of Derrick’s had a tried-and-true financial rule that was keeping him from building his wealth for retirement. 

3:30 Expert Examination: Travis, Derrick and Barb discuss the value of setting financial rules and how to define your own: 

• What a financial rule can help you accomplish. 
• How to know when you need a financial rule. 
• Financial rules that work for many people. 
• Choosing financial rules for yourself. 
• Financial rules for families to consider. 
• When to change a financial rule. 

23:35 Weekly Financial Fix: Travis has a task that will help you identify financial rules that are failing you – and replace them with something that works. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode.