What financial stage are you in?
As we go through different stages in our lives, our financial goals will often change, sometimes dramatically. Where do you fit in this financial picture? Keep in mind, your goals may differ from the average person. For instance, you may decide to start a new business in the Early Career stage of your life. Or, you may decide to focus on travel during this time period, rather than purchasing large ticket items like a car or a house. In any case, mapping out your financial stages of life is a good start to recognizing and developing the goals that are important to you!
Need advice to help you reach your financial goals? Contact us at Your Neighbourhood Credit Union, where we making banking simple, personal, and friendly.
Build a Holiday Budget in Minutes!
According to Canadian Living Magazine, the average Canadian adult spent $766 on holiday gifts in 2015. About 27 percent spent over $800, while 23 percent spent $200 or less.
Do most Canadians stick to their budget? Yes, but…
Our handy YNCU Holiday Budget Builder can help you quickly build a budget. Our advice? Print off a copy, fill out the first three categories, then bring it with you while shopping. Fill it out as you go so that you can stay on top of your spending. Then when January rolls around, you won’t be one of the 30% of Canadians that regrets how much they spent for Christmas!
Did you know that according to the Financial Consumer Agency of Canada, less than half (46%) of Canadians have a budget, yet the vast majority (93%) of those who do budget stay within it most of the time. What does this mean for you? It means that if you put in the effort to start a budget, you will probably stick to it. It also means you can feel more confident about your future – a budget can completely change your financial destiny.
6 important items on your home buying checklist!
Let’s face it, while buying a new home is exciting, it can also be extremely stressful. This infographic breaks down 6 important items you’ll need to check off your list before closing day.