Networth Management

Social media has changed the way we communicate, live our lives, and spend our money. Just like most things, social media has its pros and cons. It can connect us to long-lost friends and family and with those we otherwise wouldn’t have the opportunity to meet. But it also has a dark side. And part of that dark side is just how distracting it can be. Among the many downsides of social media distractions, they can wreak havoc on your finances.

https://www.yournetworth.ca/social-media-distractions-and-your-finances/

Social Media Distractions And The Effect On Your Finances - Networth Management Social media has changed the way we communicate, live our lives, and spend our money. Just like most things, social media has its pros and cons. It can connect us to long-lost friends and family and with those we otherwise wouldn’t have the opportunity to meet.

Women’s leadership applies to both women entrepreneurs as well as women in management positions within an organization. What do they bring that’s different? “Most notably, women set themselves apart in the way they inspire people and in their participatory approach to decision-making. They also excel in their ability to define expectations and give recognition to others,” explains Isabelle Savard, Vice President, Commercial Strategy and Sales Effectiveness at National Bank.

It's a new year and if you have new questions about managing your personal or business finances, we've got answers!

Wishing everyone a very happy 2022 from our team at Networth Management. We hope you reach all of your goals, and every financial milestone you set for yourselves and your families this coming year!

What is the secret to building wealth?

Your habits. Here's a link to 5 money making habits that won't steer you wrong: https://www.yournetworth.ca/im-a-financial-planner-and-my-richest-clients-have-the-same-5-habits/

Warm wishes and a very Merry Christmas from all of us at Networth, to you.

You are your greatest asset, so you’re also your best investment. Pour into yourself so that you can pour into your future and others in the ways you want. Seek out education, either to deepen your expertise or broaden your perspective. Choose conferences, mentors, and projects that will boost your career (and earning potential!).

Ever wondered how wealthy people get their wealth? The answer is by building assets. Whether inherited or not, at some point someone took the time to acquire assets that allowed them to build wealth. The truth is that simply working all of your life won’t make you wealthy. Instead, creating and acquiring things that have a monetary value is more beneficial.

The good news is once you reach your 40s and retirement is just around the corner, you still have plenty of options available to invest in your future.

Setting financial goals is an integral part of financial growth and success. Below are 4 great goals to begin striving toward.

The decisions women make today can drastically transform their financial futures – one day and one dollar at a time.

If you understand the value of time better, you can gain experience and develop skills over time. Time is the most valuable resource because you cannot take it back.