Exercising regularly, eating a balanced diet, and managing stress effectively can help you maintain a positive mind and healthy body. For many Canadians, though, doing so on a daily basis is a big challenge.  The link between stress and health has long intrigued workplace health providers, employers, doctors and scientists. Stress, which is a fact of life, can be difficult to control and can have serious physical and mental health consequences.

So, what tops the list of stressors for Canadians? You may have already guessed: Finances!

People worry and fret about their financial situation constantly, with some years being worse than others. Does your financial situation stress you out? If so, you aren’t alone. The majority of Canadians admit to worrying about their financial security and future. Concerns like “How will I manage to send my children to post-secondary education?”, “I’m worried about my retirement”, or “I lost significant money on my investments” are commonly heard.

FINANCIAL TIP   Having a savings plan and being careful with your money is important, but it’s only one aspect of a financial plan. Financial planning involves a complex interaction between cash flow, income tax, investment selection and asset allocation. As a CFP Certified Financial Planner we have studied and thought about these interacting issues over extensive time and have successfully helped our clients to address them. HALPERN Certified Financial Planning can help you achieve this efficiently and effectively so contact us now.

HALPERN Certified Financial Planning

Our CFP Certified Financial Planner designation, long recognized as the standard for financial planning in Canada and around the world, provides you assurance that the design of your financial future rests with an individual who has met the highest standards of knowledge, skills, abilities and ethics in the financial planning profession through extensive education, rigorous national examination, continuing education requirements and accountability to the Financial Planning Standards Council for code of ethics, practice standards and professional body rules and regulations.

How Financial Planning Works

Financial planning is the process that sets you on a course toward achievement of your life goals through the proper management of your financial affairs. Financial planning is more than budgeting and cutting back. The right financial plan balances what you need and want today with the personal goals you have for the future.

Comprehensive Financial Planning

A comprehensive financial plan looks at the big picture to consider all relevant aspects of your life – what you own, your investments, your debts and budgeting, tax, retirement, estate planning and debt or risk management. HALPERN Certified Financial Planning will take into account various aspects of your financial situation, identifying and analyzing the interrelationships across sometimes conflicting objectives to help you meet your goals. HALPERN Certified Financial Planning will discuss your life goals: where you want to go with your life and where you currently are. We will work with you to develop strategies that will bring your goals in line with your financial situation, and help you manage your personal finances more effectively. Working on solutions to your financial issues with a qualified, competent CFP professional will help you feel more in control, and also give you peace of mind that you have taken action.

FINANCIAL TIP     People who try to develop a financial plan on their own often miss important elements that only a CFP Certified Financial Planner can add to the mix. We believe that 20% of the value of our professional planning is in the formulation of goals and the implementation of a suitable investment portfolio, while 80% comes from coaching clients on how to avoid the pitfalls they’ll inevitably face. You can achieve this too if you contact us now for our Certified Financial Planning and tax services.

Professional Financial Planning Makes a Difference

Research shows that Canadians with financial plans feel they are saving more, living well, and experiencing higher levels of overall contentment in their lives. The Value of Financial Planning, a three-year longitudinal study which included close to 15,000 Canadians, was commissioned by Financial Planning Standards Council and the Financial Planning Foundation.

The study revealed that, regardless of net worth, Canadians who engage in comprehensive financial planning report significantly higher levels of financial and emotional well-being than those who do no planning or only limited planning. Those with comprehensive plans felt more on track with their financial goals and retirement plans, felt they had improved their ability to save in the past five years, felt more confident that they could deal with financial challenges in life and felt better able to indulge in their discretionary spending goals.

We Will Help You

HALPERN Chartered Professional Accounting Firm is a full-service Tax, Accounting, Business Advisory and Financial Planning CPA firm. Accurate and timely information is only one piece of any effective solution. We are dedicated to bringing you all of the pieces together – knowledgeable and innovative advice, leading-edge technology, and a strong relationship with our clients. This type of creative thinking also enables us to help you and your business organization to solve complex problems and significantly enhance your ability to improve performance, manage risk and build value.