Financial Planners Standards Council

Financial Planners Standards Council

October 06, 2009 08:30 ET

FPSC: 20 Things You Can Do to Celebrate Financial Planning Week

TORONTO, ONTARIO--(Marketwire - Oct. 6, 2009) -Financial Planners Standards Council (FPSC) has declared October 5-12 as the inaugural "Financial Planning Week" as part of an ongoing campaign to make financial planning more a part of Canadians' lives.

Every Canadian can benefit from incorporating responsible financial planning habits into their daily lives.

Here some things everyone can do to TODAY get started on a better financial path:

  1. Balance your chequebook
  2. Create — and stick to — a weekly budget
  3. Keep your receipts and count up how much you spend on the "little things"
  4. Teach your children to save and spend wisely and the difference between 'needs' and 'wants'
  5. Create or review your will and other estate planning documents
  6. Write down your life goals and see if they align with your financial plan
  7. Find a Certified Financial Planner® professional using FPSC's searchable database; speak to them about their services and how they might help you
  8. Pay this month's credit card charges in full
  9. Get a head start on college — investigate options for saving for post-secondary education
  10. Involve your kids in family budgeting
  11. Establish an emergency fund
  12. Develop your holiday spending budget
  13. Invite a financial planner to speak at your workplace
  14. Review your insurance needs and coverage
  15. Talk to a relative about their plans for long-term care
  16. Open and read all your bills and pay them on time
  17. Calculate your net worth — and your debt
  18. Pay yourself first — figure out how much money you can put into an RRSP per month; set up your account to have it withdrawn automatically
  19. Explore charitable giving options — you can probably donate more than you think!
  20. Check in with your retirement plan — are you on track to meet your retirement goals?

There are many more things people can do — talk to us and we'll put you in touch with a CFP professional for insight and advice.

Certified Financial Planner professionals and FPSC spokespeople are available to offer guidance on these and other financial planning related topics.

See additional resources at

About Financial Planners Standards Council
Financial Planners Standards Council (FPSC) is a not-for-profit organization dedicated to ensuring Canadians' financial planning needs are well served by developing, promoting and enforcing professional standards for financial planning, through CFP® certification, and raising awareness of the importance of financial planning to Canadians. FPSC licenses the CERTIFIED FINANCIAL PLANNER® marks in Canada. There are currently more than 17,500 CFP professionals in Canada and more than 120,000 individuals who have earned CFP certification in 22 countries around the world. These individuals are licensed to use the registered marks: CFP®, CERTIFIED FINANCIAL PLANNER® and CFP (with flame logo) ®. See for more information.

CFP®, CERTIFIED FINANCIAL PLANNER® and CFP (with flame logo)® are trademarks owned outside the U.S. by Financial Planning Standards Board Ltd. Financial Planners Standards Council is the marks licensing authority for the CFP Marks in Canada, through agreement with FPSB.

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