TIP OF THE DAY: PAY YOURSELF FIRST! “Paying yourself first” means saving a set amount first and only spending what’s left over. Treat saving like a re-occurring payment to reach investment goals. Making small, regular contributions can go a long way to helping you achieve your financial goals. For example, if you invest $100 a week for your retirement, you’ll have accumulated $197,000 after 20 years – assuming a fixed interest rate of six per cent. Pre-authorized contribution plans make it easier to save for your future. Your financial security advisor can work with you to determine which PAC options and schedules work best for you. If you don't have a financial security advisor, I highly recommend that you call Wayne Elliott at 519-220-0557 for some advice.
