The Great Wealth Transfer is under way. But what if you don’t trust your kids with the money? Almost one-third of older Canadians worry about passing down wealth to heirs they feel are ill-equipped to accept it. In this article by The Globe and Mail, Cassandra Cross, CFP®, CIM®discusses intergenerational wealth transfer. Read the article: https://lnkd.in/gaBWj_C5
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Are your money woes affecting your relationships and procrastinating financial tasks? You're not alone: 36% of Canadians are stuck in a cycle of financial shame. https://ow.ly/y5RK50RovKl #breakthecycle #financialhealth 💰🔒
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Where would you seek advice if you received significant financial help, or inheritance from your family? It is said that Australians aged 60+ would transfer $3.5 trillion in wealth in the next two decades, and so this provides an opportunity for financial advisers to engage early on with beneficiaries, and to help facilitate the intergenerational wealth transfer.
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Edward Jones is on a mission to make financial literacy accessible to all Canadians—from high school students getting hands-on learning to adults across the country through our new Financial Fitness Program. (https://lnkd.in/g7auqRcc) I encourage you to check out this video to learn more about how our Financial Fitness initiatives are making an impact and empowering Canadians of all ages to feel confident about their financial future. #Canada #Wealth #Money #Finance
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WANT TO FEEL LESS FINANCIAL STRESS? FINANCIAL PLANNERS ARE THE KEY. 44% of Canadians say that money is their primary source of stress and that’s more than in each of the past four years. But those working with a financial planner were 12% less likely to feel stressed about money. And, 56% of people with a financial planner feel more hopeful about their financial futures, compared to only 48% of those without. If you’d like to feel more in control of your financial future, contact Sarah Brown or Elli Schochet at purpose@algbrown.com or 416-787-6176. #financialplanning #financialstress #purpose #powerofpurpose
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While there’s no shortcut to building wealth overnight, passive income is definitely the next best thing! Read all about it in this article. Read more on our blog 👇 https://lnkd.in/e6NbNuxq #bankaletihad #shapeyourfuture
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Is poverty a smart investment choice? Many people rely on loans, but if your returns don’t even cover the interest, is it worth it? Let’s explore the risks and realities of this approach! Want to make wiser financial choices? DM me for expert insights https://lnkd.in/gF5W3UE6 I am Jowell, let's make you do well! ❣ #InvestmentInsights #FinancialAwareness #trust #friendship #lifejourney #motivation #RealEstateSuccess #NeverStopImproving #homeswithvalue #ProperProperty #sgproperty #propertyinfo #singapore #PropertyWellnessCollective #ACEprudencytest #daddypropertychef #diaryofapropertyagent #bringingyoutoabetterposition
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The sooner you learn about money management, the more good habits you take into your later years.
Edward Jones is on a mission to make financial literacy accessible to all Canadians—from high school students getting hands-on learning to adults across the country through our new Financial Fitness Program. (https://lnkd.in/g7auqRcc) I encourage you to check out this video to learn more about how our Financial Fitness initiatives are making an impact and empowering Canadians of all ages to feel confident about their financial future. #Canada #Wealth #Money #Finance
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Income significantly influences financial status, but it's not the sole factor. Factors like debt and expenditure also play crucial roles in determining one's financial health. As financial landscapes evolve, considering a broader spectrum of financial indicators becomes essential for a comprehensive understanding of financial status. Debt significantly impacts financial health by contributing to stress and mental health issues, potentially leading to a cycle of worsening financial decisions and health outcomes. Net wealth significantly influences overall wealth by representing the total value of an individual's or household's assets minus liabilities. It's a crucial measure of financial health and stability, impacting one's ability to generate income, invest, and secure financial future. #hedgefund #macroeconomics #debt #wealth #Commodities #derivatives #PE
In the #us, if your income and net wealth has not increased by 25% since 2020 you are poorer now than four years ago... Source: Michel A.Arouet
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The riches are not in the masses. . . . #financialliteracy #budgeting101 #smartspending #savinghabits #creditscoretips #moneymanagement #investingbasics #debtmanagement #wealthbuilding #fiscalresponsibility #financialfreedom
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Canadians see how important it is to manage their money wisely. 👀 The 2024 Financial Stress Index, a survey of over 2,000 Canadians, says Canadians are focusing more on their money and feeling more positive about their financial futures compared to last year. The survey shows that even though Canadians are still worried about money, many are using ways to lessen their financial stress despite tough economic times. 🇨🇦 Canadians who work with a financial advisor are less stressed about money, feel more hopeful about their financial futures, and are better at dealing with money worries. 👉If you’re ready to get started on your financial plan, we’re ready. Contact us here: 204- 489-5534 #FinancialWellness #WinnipegLocal #FinancialPlanning #FinancialSecurity #FinancialAdvisor
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