Happy New Year!
Have you committed yourself to any resolutions for 2015? For most of us, the top goals for the New Year revolve around getting healthier or improving our finances; specifically, to save more and reduce debt. A good financial plan will outline when, how and how much you should put towards savings and debt reduction. For example, some people benefit more from saving with an RRSP and using the additional tax refund to pay down debts. Some may have debts that generate tax savings and should be prioritized differently. Whether it’s allocating money or living healthier, having a well-documented plan of attack is the key to making this year’s resolution work!
Thomas Johnson – Cascade Financial Group
