Mike Chronowich

13 ways to budget and save money during the summer
Summer expenses, from vacations to childcare, can be overwhelming. However, smart budgeting and saving are achievable. By setting limits, scheduling wisely, using cash, and tracking spending, you can navigate the season without financial stress. Discover more simple yet effective strategies to make your money go further this summer by reading the full article.

Summer savings: 13 ways to stick to your budget Summer is a fun time, but an expensive one. Fear not, because there are simple ways you can learn how to budget and retrain your brain to save money, even during the summer months.

Canada faces potential wave of small business closures
Amid economic shifts and a "Silver Tsunami" of retiring Baby Boomer owners, Canada faces widespread small business closures, especially in rural areas. With most businesses lacking succession plans, a critical gap in local ownership and employment looms. Explore how robust succession planning can secure businesses, jobs, and community economies in the full article.

Canada faces potential wave of small business closures: MNP The average age of Canadian business owners was 53.5 in 2020, with many now approaching or already at retirement age.

How gratitude changes you and your brain
As mental health care increasingly values efficiency, researchers are exploring brief, high-impact strategies to enhance the effectiveness of therapy. While gratitude practices are known to boost overall happiness, a recent study zeroed in on individuals undergoing counseling. The findings revealed that writing gratitude letters significantly enhanced mental health outcomes beyond the benefits of counseling alone. Discover how this simple yet powerful practice can make a meaningful difference.

How Gratitude Changes You and Your Brain Research explores how gratitude works to improve our mental health.

Worried about housing costs? Here’s how to get help
Facing housing affordability challenges like buying, renting, or paying a mortgage is a widespread concern for many Canadians. Surveys reveal a significant percentage worry about housing costs and their ability to afford payments. Fortunately, various programs exist to provide support in finding and maintaining stable housing during tough financial times.

Worried About Housing Costs? Here's How to Get Help - NerdWallet Canada These programs can help you find and keep stable housing — even during during times of financial hardship.

Why employers should integrate financial planning into benefits
As workplaces tackle the challenges of retirement planning, some consider hiring full-time financial experts. A more cost-effective solution, however, is to integrate third-party financial planning through benefits providers. This approach helps employees better understand their workplace benefits within the context of their overall financial picture. Here’s why financial planning should be incorporated into workplace benefits—it can boost employee confidence and improve retirement readiness.

Why employers should integrate financial planning into benefits CFP outlines why financial planning should be incorporated into workplace benefits, ultimately improving employee confidence and retirement readiness