FPSC Encourages Canadians to "Put Time on Their Side"
New Online Calculator Shows Canadians Their Goal-Achieving and Savings Potential in Lead Up to Financial Planning Week
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 05/08/12 -- The fourth annual (FPW) is happening this fall (November 19-25), but now is the time to spring into action! Leading up to Canada's annual FPW, reminds Canadians that financial planning is essential to accomplishing life goals - and the best time to start is today!
New this year on the is an that invites Canadians to declare their weekly savings intentions for one of their life goals. The Calculator shows the amount of savings that will be accumulated by the beginning of FPW (November 19). Although savings is just one dimension of financial planning, the calculator demonstrates the importance of goal-setting and the positive cumulative impact of small actions over time.
"We've all heard the saying, 'time is money'. When it comes to life and financial planning, this is especially true - your greatest asset is time. You don't have to wait until you have a lot of money to think about your financial plan. In fact, the sooner you develop good financial habits and start making sound decisions, you'll feel greater peace of mind - and more financially secure," says Tamara Smith, Vice President, Marketing and Consumer Affairs, FPSC.
So what are Canadians saving for? The shows that Susan is saving weekly for a contribution to her TFSA, Jay is saving to pay for his wedding, and Sarah is saving to pay down her student loan. See more at .
"Life goals emerge and evolve, just as life stages do. There's always something to plan for, whether it's something short-term like a vacation, a larger goal like becoming mortgage-free, or a significant life change - like having a baby or retirement. We are inviting Canadians to take action today, and celebrate their momentum towards their goals during FPW," adds Smith.
Five Compelling Reasons to Take Action Today:
1. Achieve your life goals: According to FPSC's most recent Value of Financial Planning study(i), 75% of respondents with a comprehensive financial plan feel their goals and aspirations are achievable (compared with only 48% of those without a plan).
2. Improve your ability to save: 56% of study respondents with a comprehensive financial plan said they have improved their ability to save over the last five years (compared with only 36% of those without a plan).
3. Have peace of mind: 64% of respondents who have a comprehensive financial plan said they have peace of mind. Only 41% of those with no plan said the same.
4. Prepare for 'rainy days': 58% of those with comprehensive financial plans said they feel prepared in the event of unexpected financial emergency. Only 27% of those without a plan said the same thing.
5. Small steps make starting easy: A small step can create great momentum! Declare a goal and a savings intention on the . Talk to a about your goals.
NOTES TO EDITORS:
- (i)Research cited comes from the second wave of FPSC's five-year longitudinal Value of Financial Planning Study, conducted by The Strategic Counsel. This wave of the research surveyed the general English-speaking population in Canada (excluding Quebec) between February - July 2011. It was done through a national online panel of 2,471 respondents.
- Please save the date of FPW (November 19-25) in your editorial calendars, but remember that we can support your editorial interest any time. We can put you in touch with FPSC executives as well as CFP professionals from across Canada to support your stories. See additional the for additional story ideas.
About Financial Planning Week: Now in its fourth year, (FPSC) and the (IQPF) have jointly declared November 19-25, 2012 as Canada's Financial Planning Week (FPW). During the Week, each organization will be spearheading industry events and public outreach activities in their respective markets. Financial Planning Week is part of an ongoing effort by both organizations to make financial planning a cornerstone of Canadians' sound financial management. This year, Financial Planning Week is a dedicated week within . Stay up-to-date at / Twitter , and on and .
About FPSC: Financial Planning Standards Council (FPSC®) is a not-for-profit organization which develops, promotes and enforces professional standards in financial planning through CERTIFIED FINANCIAL PLANNER® certification, and raises Canadians' awareness of the importance of financial planning. FPSC's vision is to see Canadians improve their lives by engaging in financial planning. Currently, there are more than 17,500 CFP professionals in Canada and more than 140,000 CFP certificants in 24 countries worldwide. See for more information.
Contacts:
For more information and to arrange interviews,
please contact: Chadnick Communications (for FPSC)
Eileen Chadnick
416.631.7437
FPSC
Heather Mills
416.593.8587 x 235
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Datum: 08.05.2012 - 12:30 Uhr
Sprache: Deutsch
News-ID 143800
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Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
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