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Stock impact report

How to overcome 'savings guilt' when you're living paycheque to paycheque [Financial Post (Toronto, Ontario, Canada)]

Raymond James Financial, Inc. (RJF) 
Last raymond james financial, inc. earnings: 4/29 04:35 pm Check Earnings Report
US:NYSE Investor Relations: raymondjames.com/investor-relations
Company Research Source: Financial Post
As the higher cost of living continues to squeeze household budgets, many Canadians find they have even less left over at the end of every month to squirrel away for the future. Some might be feeling shame that they weren't able to save enough over the last few months and are internalizing that emotion, said Kalee Boisvert, a financial adviser at Raymond James Ltd, in an interview. Article content Article content “I would say it's more so people feeling guilty that they're not saving enough, that they wish they could do more,” Boisvert said. “I'm hearing this from a lot of people, so, recognize that we're going through a really tough season.” While the cost of mortgage payments, rent, consumer debt _ essentially everyday life — has jumped exponentially over the past few years, many household incomes did not keep pace — slowly chipping away at monthly savings quotas. People often feel their inability to save enough is their personal responsibility, but the affordability Show less Read more
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