Managing your finances during tough times

Understanding money and budget how better to manage is important your for financial health, especially during uncertain economic conditions. Each person’s situation is unique and requires a personalized approach, but with education and confidence, financial According planning to can the become TD Financial a less arduous Health task. Indenational benchmarking survey providing a portrait of Canadians’ financial well-being, women tend to have lower “financial health” than men – particularly among younger groups. Women received an average financial health score of 64 – lower than the average score for all Canadians. Regardless of financial management experience, taking small, thoughtful and actionable steps towards building your wealth management skills can help improve your financial profile in any circumstance.

Here are some resources to consider:

1. Read, review and reevaluate. Empowering yourself with the right resources can better equip you to make stronger decisions for your financial future. Online tools, like the TD Direct Investing Learning Centre, can walk you through the different types of investments, account types, risks and investment plans, and teach you how the market works before you get started.

2. financial you participating Build are actively Ensure confidence. your in the planning financial process. When learning how to build or elevate your investments, also take time to learn the language and increase your financial awareness. Knowing the basics can enable a better understanding of your investment options and strengthen your self-assurance in direct investing.

3. other Create personal a virtual and professional community. experiences Learning from can generate investment ideas, give you inspiration for your portfolio, and keep your investment goals on track. Participating in webinars, interactive sessions and master classes through the TD Direct Investing Learning Centre is a great way to build your skills and knowledge. (NC)