Is it even possible to budget for this economy?
The Big StoryPlay episode
Show notes
This is the time of year when many people try to organize their finances for the coming year—how much things will cost, how much to spend, how much to save, all of that. But after one of the most turbulent economic years in recent memory, 2023 is shaping up to be even more unpredictable.
What should Canadians expect from their economy this year? How can you make financial plans in an age of inflation and interest rates, when everything from everyday groceries to the stocks in your portfolio are volatile? Should we still be worried about filling our RRSPs and savings accounts, or just stashing anything possible to try and get by? What does a 2023 budget look like?
GUEST: Shannon Lee Simmons, certified financial planner, chartered investment manager, founder of the New School of Finance and author of No-Regret Decisions
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