Thompson Local News

Survey finds only 1-in-3 Canadians setting financial goals in 2023

With Canadians still setting New Year Resolutions and keeping up with their goals, a certified financial planner spoke to Arctic Radio about financial goal-setting for 2023.

 

Contending with high inflation and interest rates can lead to anxiety about being able to put those goals into action.

 

However, spokesperson Jackie Porter says setting smaller goals can still make a big impact in the long-term.

 

“The thing about a budget is that it’s important for you to see how much you have to work with, especially if you are trying to pay off debt and trying to save for an emergency fund. See where you can cut back, see those leaks, then you can use that money, free it up. Even if it’s only $25 dollars a month or $50 dollars a month, what’s great about doing these small steps is that it helps to set you up for a better future. That is really what financial planning is all about, it’s taking those small actions that can create a better tomorrow for you.”

 

Tune in to Thompson Today at 12:40 and 5:10 this afternoon for the full interview.

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