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Homeownership is a dream for many people, but is it for everyone? For some, buying a home is a rite of passage, a sign that they’ve grown up and succeeded. However, there are some things to consider before you decide to buy your first home.

The goal for your saving plan is up to you. Some people enjoy travel or the latest electronics. Others may save for school or a home purchase. While there are a thousand ways to spend your money, there’s only one way to save it — stick to the plan.

Here’s a thought, retirement doesn’t mean the end- it doesn’t mean an end of self-importance or purpose, it just means a new chapter—a paradigm shift of what life is beyond long days, and meetings, and bosses.

Taking control of your financial future is a pressure-filled process. You want to have confidence in what you are doing as well as an overarching plan, yet hearing investing aficionados talk sounds like an entirely different language! Understanding financial terminology can be a dizzying process and nobody wants to be bamboozled when it comes to something as important as money.

Whether it is preparing to pay off a loan or eyeing up a potential vacation, saving money is a tough task. Far too often our immediate financial needs and wants take precedence, while our poor old savings accounts have to take a back seat. During 2018, the average Canadian household savings rate currently hovers at roughly 4.4%¹.