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
DEVELOPING Person on fire outside Trump's hush money trial rushed away on a stretcher
A person who was on fire in a park outside the New York courthouse where Donald Trump’s hush money trial is taking place has been rushed away on a stretcher.
Mandisa, Grammy award-winning 'American Idol' alum, dead at 47
Soulful gospel artist Mandisa, a Grammy-winning singer who got her start as a contestant on 'American Idol' in 2006, has died, according to a statement on her verified social media. She was 47.
She set out to find a husband in a year. Then she matched with a guy on a dating app on the other side of the world
Scottish comedian Samantha Hannah was working on a comedy show about finding a husband when Toby Hunter came into her life. What happened next surprised them both.
'It could be catastrophic': Woman says natural supplement contained hidden painkiller drug
A Manitoba woman thought she found a miracle natural supplement, but said a hidden ingredient wreaked havoc on her health.
Young people 'tortured' if stolen vehicle operations fail, Montreal police tell MPs
One day after a Montreal police officer fired gunshots at a suspect in a stolen vehicle, senior officers were telling parliamentarians that organized crime groups are recruiting people as young as 15 in the city to steal cars so that they can be shipped overseas.
Vicious attack on a dog ends with charges for northern Ont. suspect
Police in Sault Ste. Marie charged a 22-year-old man with animal cruelty following an attack on a dog Thursday morning.
Senators reject field trip to African Lion Safari amid elephant bill study
The Senate legal affairs committee has rejected a motion calling for members to take a $50,000 field trip to the African Lion Safari in southern Ontario to see the zoo's elephant exhibit.
Tropical fish stolen from Beachburg, Ont. restaurant found and returned
Ontario Provincial Police have landed a suspect following a fishy theft in Beachburg, Ont.
DEVELOPING G7 warns of new sanctions against Iran as world reacts to apparent Israeli drone attack
Group of Seven foreign ministers warned of new sanctions against Iran on Friday for its drone and missile attack on Israel, and urged both sides to avoid an escalation of the conflict.