Step:1 evaluate all of your 2023 financial decisions, Step: 2 drink coco and watch Christmas rom-com’s, Step: 3 gaze into the void, Step 4: repeat step 1. This week we go over 14 different tips you help you close out 2023 and get ready for another exciting year (can we please just have one boring year). Everything from budgeting, insurance, debt management and goal setting we help you get off on the right foot for 2024, or maybe the left foot, which ever works.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Home is where the debt is. This week talk about the new First Home Savings Account (FHSA) and how your can maximize your ability to overpay for a house. We also talk about how your can combine this with other tax advantaged savings options to build up a deposit of over $163,000 per person.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Some of you may suffer, but it's a sacrifice I am willing to make. This week Cam gives his debriefing on a recent event he attended headlined by Bank of Canada Senior Deputy Governor Carolyn Rogers and how you apparently need to do a better job at fixing the economy. We talk about Canada’s continued high interest rates, lagging productivity, decreased standard of living, who to blame for it all and finally if it’s even worth trying at all anymore.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

BoC Senior Deputy Governor Carolyn Rogers’s Recent speech:

Anyone have any spare change, I need to adjust my perception of reality. This week we go deeper into the concept of challenging our core beliefs about ourselves and how that impacts our finances and more importantly our overall health. Is change as easy as it sounds and what is the cost of refusing to?

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

People keep saying that money is simple, and I took that personally. This week we get deep with “Simple Money: No Nonsense Guide to Personal Finance” by Tim Maurer and find out how to make understanding finances more personal and real to our own lives. Learn how to figure out what success really looks like to you and how to challenge your inherited and ingrained views on money.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

A proclamation has been sent forth from Ottawa, “don’t forget to drink more Ovaltine!” This week we break down the freshly released Survey of Household Spending report from StatsCan to see where all of our money has been going. Find out how far apart average expenses are from average income and what the data tells us about how people are able to budget effectively.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

2021 Survey of Household Spending: https://www150.statcan.gc.ca/n1/daily-quotidien/231018/dq231018a-eng.htm

Infographic https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2023056-eng.htm

Data Tables https://www150.statcan.gc.ca/n1/daily-quotidien/231018/dq231018a-cansim-eng.htm