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Manage your daily finances

Empower yourself to realize the projects you've been dreaming about.

What is your financial standing?

Follow the 3 basic steps described below as closely as you can. Each step will help you take stock of your financial situation and identify any aspects you need to work on.

Roll up your sleeves and put this plan into action:

Step 1 – Find out where you stand financially
To find out if your projects are feasible, or if you need to reduce expenses or even cut back on your lifestyle, you first have to get an accurate portrait of your current financial situation.
Step 2 – Draw up a budget
Determine the rate at which you are spending and see where you could be saving money to invest in projects you that really mean a lot to you.
Step 3 – Pay off your debts
Perhaps you're in debt and maybe one of those who keep spending on credit instead of saving.

The next step

You're an expert in budgeting and have already done these 3 steps? You even already have a sizeable amount set aside for emergencies?

You are ready to go to the next step: Save for future projects

For more information
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Money question

Do you know where you currently stand financially?

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A few statistics

Institut de la statistique du Québec, 2007:

  • Average rate of consumer debt: 36.2% (debt to disposable income ratio).
  • Average personal savings rate: 5% (savings to disposable income ratio).