04/04/2024
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The 2023 Financial Stress Index reveals that money-related stress is on the rise, with more Canadians citing money as their leading source of stress in 2023 (40%) compared to 2022 (38%).
Anxiety, depression, and mental health challenges are the leading negative impacts on the lives of Canadians due financial stress
Half of Canadians have lost sleep due to financial worries.
The good news is, professional financial planners, are making a difference. Canadians who work with a financial planner are less likely to cite money as their top stressor, and are less likely to lose sleep over financial stress.
To retire a millionaire, Jen Glantz needs to increase her tax diversification by opening more accounts, and have a plan for future income.