Thursday, January 31, 2013

Money Matters: Less stressful times for many

Financial analysts spot small problems while the majority of average Canadians face really big ones.

[From 'Alison on Money', Jan. 29, METRO]

Alison says "setting up an automatic contribution plan will help you deal with this stressful time (i.e., RRSP season)." Meanwhile the average Canadian family is up to their eyeballs in debt and has no money for an RRSP contribution plan.

Someone other than a financial analyst has to soon deliver a series of new messages to help average Canadians avoid financial stress.

Try these on for size while we wait for government and business officials to prepare their notes:

Downsize the North American Dream

Buy or build a much smaller house 

Buy a much small car

Buy 50% fewer furnishings for your house

["I'm still waiting for a store like this in Old South, London"]

Buy Canadian and keep more jobs at home

Learn to cook more of your own meals

Include nature walks on your entertainment schedule

What other messages does the average Canadian need to hear in order to avoid financial stress or ruin?

Photos by GH


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