FINANCIAL PLANNING TIPS FOR PARENTS: MAXIMIZING YOUR BUDGET

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FINANCIAL PLANNING TIPS FOR PARENTS: MAXIMIZING YOUR BUDGET

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Spring holiday break is to revitalize your energy. Many Canadians are spending on various activities during the spring holiday season, and giving gifts is a prominent preference for many existing & awaiting parents. – PowerPoint PPT presentation

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Date added: 14 March 2024
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Title: FINANCIAL PLANNING TIPS FOR PARENTS: MAXIMIZING YOUR BUDGET


1
FINANCIAL PLANNING TIPS FOR PARENTS MAXIMIZING
YOUR BUDGET
2
  • About Us
  • We at Credit720 work for you in a similar way
    just as your Tax Consultant or Accountant. You
    hire our expert advice in debt negotiations as we
    help protecting your assets and safeguarding your
    rights as our esteemed client.
  • At Credit720, our goal is to protect your best
    self-interest and not the creditors. Debt
    Consolidation, Consumer Proposal - Calgary
    Edmonton Region.

3
  • FINANCIAL PLANNING TIPS FOR PARENTS MAXIMIZING
    YOUR BUDGET
  • Spring holiday break is to revitalize your
    energy. Many Canadians are spending on various
    activities during the spring holiday season, and
    giving gifts is a prominent preference for many
    existing awaiting parents.
  • Last year, Nerd wallet surveyed the holiday
    spending patterns of Canadians and found that
    credit card spending is the top preference,
    following cash use for buying holiday gifts.

4
  • However, financial planning for spring holiday
    spending is crucial for Canadian parents, thanks
    to the ever-increasing inflation rate in the
    Canadian economy.

Reference https//www.nerdwallet.com/ca/personal-
finance/2022-canada-holiday-shopping-report
5
  • Advice-1 Canadian Parents Should Spend Less Per
    Person in Spring Holiday Shopping
  • We have seen in the above graph that 36 of
    respondents in the survey have taken measures to
    spend less per person on holiday shopping in 2022
    than last year.
  • What benefits will you have by spending less per
    person to give gifts during the holiday season?
  • You can better manage your holiday budget.
  • You can buy thoughtful and meaningful gifts for a
    larger circle.
  • You will have less mental stress with a limited
    budget.
  • You can give equal treatment to your kids.

6
  • Advice-2 Parents Should Select Affordable Gift
    Items in Spring Holiday Shopping in Calgary,
    Edmonton, Lloydminster, Alberta
  • Nearly 32 of respondents in the survey have
    preferred buying more affordable gift items
    during the holiday season.
  • You can foster more gratitude among children by
    focusing on the joy of giving rather than gift
    costs.
  • It will force you to be more creative while
    selecting affordable gifts.
  • With a limited budget for buying gifts, you will
    have ample options to select better items for
    your children.

7
  • Advice-3 Parents Should Buy Gifts on Sale
    During Spring Holiday in Calgary, Edmonton,
    Lloydminster, Alberta
  • According Almost 32 of people prefer buying
    holiday gifts on various sales of items.
  • This is because spring holiday sales in Calgary,
    Edmonton, Lloydminster, and Alberta often come
    with various incentives, such as discounts,
    promotions, and special offers.
  • You can leverage all and make a decent purchase
    of your holiday gift.

8
  • Advice-4 Parents Should Give Gifts to Fewer
    People During Spring Holiday in Calgary,
    Edmonton, Lloydminster, Alberta
  • According to the survey, nearly 27 of
    respondents have preferred giving spring holiday
    gifts to fewer people.
  • So, you can follow this advice as responsible
    parents and cut the list of near dear children
    in buying expensive gifts for the upcoming spring
    holiday season.

9
  • Advice-5 Parents Should Use Incentives Offered
    on Buying Gifts During Spring Holiday in Calgary,
    Edmonton, Lloydminster, Alberta
  • We have seen that nearly 20 of respondents
    preferred using credit card rewards to buy gift
    items. Similarly, nearly 8 of respondents have
    used various marketing incentives to buy their
    holiday gifts.
  • So, it is wise to use such incentives available
    in the market during the holiday season,
    including discounts, coupons, vouchers, etc.

10
  • Advice-6 Parents Should Use Debt Negotiation
    Red Deer to Minimize Debt
  • Debt is the biggest stress giver. However, we
    have many ways to cope with the debt menace. For
    instance
  1. You can use debt negotiation Red Deer services
    by Credit720.
  2. You can use the consumer proposal service in Red
    Deer with the help of Credit720.

11
Contact Us
Red Deer 924, 4747 67th St,Red Deer AB, T4N
6H3Telephone (403) 337-4000Fax (780)
666-9721Email info_at_credit720.ca Edmonton
South 9856A 33 Ave NW, Edmonton AB T6N
1C6 Telephone (780) 666-2600 Fax (780)
666-9721 Email info_at_credit720.ca
Edmonton North 203, 12930 50 St, Edmonton, AB T5A
4L2 Phone 780.666.2600 Email info_at_credit720.ca
Lloydminster(Alberta Saskatchewan) Unit 102,
4802 -50th Avenue, Lloydminster, AB T9V
0W5 Phone 403.337.4000 780.666.2600 Email
info_at_credit720.ca
http//www.credit720.ca
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