What is Most Important to You - Shirley Watson Financial ...



What is Most Important to You?

➢ Is it how you live your life, why you work, how you save and spend, protecting your family?

What would you do if something suddenly impacted your cash flow? If you changed jobs unexpectedly, had health issues arise, or an emergency expense, would you be prepared?

➢ A recent survey shows that 24% of Canadians have little, if anything, put aside in an emergency fund (BMO).

Does your current cash flow have you on track to be debt free by the time you retire?

➢ Almost 1 in every 4 Canadians over 50, with assets of at least $100,000 retired with an outstanding balance on their primary residence, according to a 2010 poll by Royal Bank of Canada (yes, you read that right, it is not a typo).

What is Cash Flow Planning?

➢ It is how you live your life, why you work, how you save / spend and protect your family

➢ Plus it’s also how you get more life from the money you already have

➢ No, it's not budgeting, your money is much more than math

➢ It is organizing your debt and cash flow in a way that we can find a portion of money wasted on inefficient interest to help you become debt free and build wealth

➢ It is understanding your entire financial picture by taking into consideration your current income, possible pension(s), investments, assets (home, cottage, rental property, etc.), debts (credit cards, personal or home equity lines of credit, mortgage, car loans, leases, etc.) goals, dreams and what is most important to you about your money

➢ Cash Flow Planning gives you clear guidance as to exactly what your "means" are. Regardless of your income level, it's knowing what you can afford to spend on the things you can control. It would also help you find the money to fund your dreams or provide you with guidance on current or future costs - such as purchasing your next vehicle, handling emergencies, planning for major expenses i.e. renovations.

Want to find out more?

➢ Connect with me by phone (519) 232-4465 or email swatson@equityassociates.ca to find out more.

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download