Unfortunately, up until recently, the Financial Services Industry has evolved without significant focus on managing cash flow or debt—which doesn’t make sense considering those are the areas that impact most of us on a daily basis.
Statscan found that the number of families 65 and over carrying debt increased from 27 per cent in 1999 to a 43 per cent in 2012. Furthermore, a recent survey published in Financial Post shows that today, households with at least $100,000 or more in total income account for 37 per cent of all debt in Canada. Households with income of at least $50,000 but less than $100,000 represent 38 per cent.
Things are starting to change. And like-minded professionals—who see they could offer huge value to their clients by helping them make simple changes that really add up—have invested in themselves and their clients to learn how to create Cash Flow Plans.
Everyone doesn’t have a Cash Flow Plan because only a small number of financial professionals are specially educated in Cash Flow Planning.
A Cash Flow Plan can help you increase your net worth, reduce the day-to-day stress of managing your money, ensure your whole family is on the same page, and help you reach your goals faster.
Whether you want to figure out how to work less, afford to have another child, start a business, or buy your dream cottage—your Cash Flow Plan will be about you!
Make a simple investment of 10-15 minutes of your time to find out just how valuable a Cash Flow Plan could be for you.
Contact me right away to schedule a FREE phone consult and find out more about how much money we could find you, starting right now!