By Karin Mizgala
While no one seems to be able to figure out exactly what the Occupy Wall Street protesters are demanding, I’m not sure it matters. As David Suzuki points out in his article Occupy Wall Street Reflects Increasing Frustration, it’s a conversation that needs to be had with questions that resonate widely.
Are you frustrated that you make good money, but can’t seem to get ahead financially?
Do you worry that the hard-earned money you’ve invested in your RSP is doing nothing or going backward?
And why isn’t there more accountability for financial decisions made by irresponsible bankers?
There are no easy solutions here, and not all of us have it in us to “hit the streets” in protest. However we do need to become more engaged with our money and to have a better understanding of how it plays out, at least in our own lives to begin with.
A good place to start:
- Ask yourself what you want to create in your life , what you’re worried about and what you need help with
- Spend consciously and live within your means
- Take a more proactive role in your family finances
- Learn what questions you need to ask your advisors to be on top of your finances
While money may not be your favorite topic, a basic level of financial literacy is your right and responsibility.
Related Articles:
Do Financial Experts Really Know Anything?
What is Your Advisor Really Worth?
Karin Mizgala is Money Coaches Canada’s CEO and resident “money shrink”.
