Your Holiday Spending Budget

November 28, 2019

How much money should you plan to set aside for this holiday season? We recommend no more than 1.5% of your annual income.

According to PwC Canada’s holiday outlook report, Canadians will spend an average of CA$1,593 for the 2019 holiday season, up slightly from CA$1,563 (or 1.9%) in 2018.

The main reason people get into trouble and overspend is because they don’t have a holiday budget. We have taken the liberty of putting together a template for you so that you can avoid having a panic attack in January when your credit card bill arrives.

Download our fillable holiday expense planner to track your spending this holiday season!

The holiday season is meant to be a time of joy not stress and anxiety. If you go into the holidays armed with a plan and a budget it will give you the confidence to say no when you need to and help eliminate the overspending that comes with impulse purchases.

Happy holidays!

How to Think About “The Stock Market”

September 23, 2022

In this month’s client corner, we discuss how investors should think about the stock market and how one of the greatest advantages you can have as an investor is a long-term perspective.

Estate Planning: Be Aware of the Risks of Adding Adult Children on Title of Your Home

September 21, 2022

Learn estate planning strategies that can help prepare you and your parents maximize family wealth while avoiding common planning pitfalls.

The Second Worst Thing You Can Do in a Bear Market.

August 16, 2022

We’ve discussed Bear markets in great detail and how it’s important to remember that they are a normal part of the market cycle. This month’s client corner examines the worst things a long-term investor could possibly do in a bear market.

Click here to check out our other personal finance articles.

Looking to build sustainable, long-term wealth?

We can help.

(604) - 416 - 2505

LTwealth@raymondjames.ca

555 Burrard St, Vancouver BC

Article Disclaimer:

Links provided to other internet sites are for the convenience of users. Raymond James Ltd. is not responsible for the availability or content of these external sites, nor does Raymond James Ltd. endorse, warrant or guarantee the products, services or information described or offered at these other sites. Users cannot assume that the external sites will abide by the same Privacy Policy which Raymond James Ltd. adheres to. Information in this article is from sources believed to be reliable, however, we cannot represent that it is accurate or complete. It is provided as a general source of information and should not be considered personal investment advice or solicitation to buy or sell securities. The views are those of LT Wealth Management Partners and not necessarily those of Raymond James Ltd. Investors considering any investment should consult with their Investment Advisor to ensure that it is suitable for the investor’s circumstances and risk tolerance before making any investment decision.

Get Started

Legal

Use of the website is governed by the Raymond James Web Use Agreement.

Raymond James Ltd. is an indirectly wholly-owned subsidiary of Raymond James Financial Inc.

Securities-related products and services are offered through Raymond James Ltd. Member of the Canadian Investor Protection Fund.

Insurance products and services are offered through Raymond James Financial Planning Ltd. which is not a member of the Canadian Investor Protection Fund.

Raymond James (USA) Ltd. is a member of FINRA/SIPC.