How to Achieve Your Financial Goals in 2022
Every year Canadians aim to save more money and pay off debt as some of their resolutions.
However, these resolutions are often not fulfilled by year end. Taz Rajan, community engagement partner at Bromwich and Smith, shared that this is not so much a money issue, but a mindset issue.
It can be helpful to try tying goals to an identity. For example, if you're wanting to pay down debt, the identity can be to become an excellent money manager.
This mindset shift can be a powerful way to start making permanent changes.
When striving toward any goals it is important to remember that it takes baby steps. People should focus on the process of achieving goals and building a system to set themselves up for success.
Bromwich and Smith has a website with helpful resources such as a budget calculator and debt calculator, as well as a new partnership with CacheFlo.
CacheFlo provides behavioural-finance and cash-flow training. Its courses are very interactive and can help provide a system for implementing budgeting strategies that are easy to put into action.
Rajan shared that for those struggling with overwhelming debt they should know that they are not alone.
Bromwich and Smith offers free and confidential debt relief consultation, with no obligation.
Check out the full video from CTV News Vancouver at Noon to learn more.
CTVNews.ca Top Stories
Spectacular aurora light show to be seen across Canada Friday night
A rare and severe solar storm is expected to bring spectacular displays of the northern lights, also known as aurora borealis, across much of Canada and parts of the United States on Friday night.
Which Canadian cities have the highest and lowest grocery prices?
Where you live plays a big factor in what you pay at the grocery store. And while it's no secret the same item may have a different price depending on the store, city or province, we wanted to see just how big the differences are, and why.
McGill University seeks emergency injunction to dismantle pro-Palestinian encampment
McGill University has filed a request for an injunction to have the pro-Palestinian encampment removed from its campus.
Swarm of 20,000 bees gather around woman’s car west of Toronto
A swarm of roughly 20,000 bees gathered around a woman’s car in the parking lot of Burlington Centre.
U.S. says Israel's use of U.S. arms likely violated international law, but evidence is incomplete
The Biden administration said Israel's use of U.S.-provided weapons in Gaza likely violated international humanitarian law but wartime conditions prevented U.S. officials from determining that for certain in specific airstrikes.
Barron Trump declines to serve as an RNC delegate
Former U.S. President Donald Trump's youngest son, Barron Trump, has declined to serve as a delegate at this summer’s Republican National Convention, according to a senior Trump campaign adviser and a statement from Melania Trump's office.
Mother assaulted by stranger while breastfeeding baby in her car: Vancouver police
A person was arrested in East Vancouver Thursday after allegedly entering a car while a mother was breastfeeding her four-month-old boy.
'We have laws': Premier Smith says police action justified in Calgary
The actions, including the decision to use non-lethal force, to disperse pro-Palestinian protesters from the University of Calgary campus were justified, Alberta Premier Danielle Smith said Friday.
'State or state-sponsored actor' believed to be behind B.C. government hacks
The head of British Columbia’s civil service has revealed that a “state or state-sponsored actor” is behind multiple cyber-security incidents against provincial government networks.