by Eloise Duncan | Nov 16, 2017 | Financial Health, Financial Resilience, Financial Wellness
We spend, we worry about money, we spend some more. Why do we do this to ourselves? A recent survey of 5,200 people by a financial services consulting firm has uncovered a staggering level of repressed financial stress. Forty-seven per cent of participants agreed that...
by Eloise Duncan | Nov 7, 2017 | Financial Health, Financial Resilience, Financial Wellness
Shame and embarrassment often impede Canadians from acknowledging their personal financial struggles, a new study – commissioned by financial services group Manulife – on health and wealth finds. “The stigma, shame and embarrassment of being financially...
by Eloise Duncan | Nov 7, 2017 | Financial Health, Financial Resilience, Financial Wellness
Just as astronomical telescopes allow us to glimpse the distant past, a “demographic telescope” allows us to peek into the distant future. What Canadian demographics are telling us is that only a small fraction of Canadians will retire with an adequate...
by Eloise Duncan | Jun 9, 2017 | Financial Health, Financial Resilience, Financial Wellness
Almost three quarters of Canadian homeowners would have difficulty paying their mortgage every month if their payments increased by as little as 10 per cent, a new survey from Manulife Bank suggests. The bank polled 2,098 homeowners — between the ages of 20 to 69 with...
by Eloise Duncan | Jun 9, 2017 | Financial Health, Financial Resilience, Financial Wellness
About 3.3 million Canadians say they are dealing with income volatility to the extent their monthly income can fluctuate by 25 per cent or more, according to a study published Wednesday. In what appears to be to a first in Canada, Toronto-Dominion Bank commissioned a...