Have financial plan, will travel

65786H(NC)—Want to make travel more a part of your life? Make sure your travels include a visit to a professional financial planner’s office to map out the best financial route for you.

A recent Financial Planning Standards Council (www.fpsc.ca) study explored the connection between Canadians’ financial planning activities and their confidence in meeting a variety of life goals, including travel. The study showed that 66 per cent of people who engage in comprehensive financial planning feel closer to their goal of taking the vacation they want every year, as compared with only 31 per cent of people without a financial plan.

“A myth about financial planning is that it’s all about saving for tomorrow and sacrificing your wants of today,” says Cary List, president and CEO of FPSC. “In fact, financial planning is about balancing the variety of your wants and needs throughout your life.”

Expert Tip: “Financial planning gives you a better chance of getting to where you want to go,” says Sucheta Rajagopal, a certified financial planner with Hampton Securities Limited. “If travel is important to you, include this goal in your financial plan. Too many goals go unfulfilled because people didn’t plan at all or didn’t factor it in early enough.”

Find a certified financial planner professional in your area online at www.fpsc.ca.

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Written by Canadian Home Trends

Canadian Home Trends

Canadian Home Trends magazine gives you a personal tour of the most stunning homes and condos across Canada. You’ll be inspired by a selection of accessible home décor products, trend reports, simple yet stylish DIY projects, and much more. In each issue, you are given the tools to recreate designer spaces you’ve always dreamt of having at home, in-depth renovation and design advice, colour palette and furniture pairings, and Canada’s best places to shop.

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