In this episode of Money Talk with May, I explore the myth that financial planning is only for the wealthy or those nearing retirement. I break down why financial planning is crucial for everyone—no matter your income level or stage of life—and how it can provide peace of mind and set you up for success. Together, we tackle the step-by-step process of building your "financial house," starting with protection through insurance, managing debt strategically, and building savings and investments tailored to your goals. From the importance of emergency funds to understanding tools like TFSAs and RRSPs, I emphasize the value of keeping an open mind and taking actionable steps toward financial freedom. This isn’t just about money; it’s about creating a life of security, freedom, and purpose.
This is made available for information purposes only, and do not constitute financial or legal advice.