← The Big Story
Is it even possible to budget for this economy? artwork

Is it even possible to budget for this economy?

The Big Story
E70923:59
Play episode

Show notes

This is the time of year when many people try to organize their finances for the coming year—how much things will cost, how much to spend, how much to save, all of that. But after one of the most turbulent economic years in recent memory, 2023 is shaping up to be even more unpredictable. What should Canadians expect from their economy this year? How can you make financial plans in an age of inflation and interest rates, when everything from everyday groceries to the stocks in your portfolio are volatile? Should we still be worried about filling our RRSPs and savings accounts, or just stashing anything possible to try and get by? What does a 2023 budget look like? GUEST: Shannon Lee Simmons, certified financial planner, chartered investment manager, founder of the New School of Finance and author of No-Regret Decisions We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at hello@thebigstorypodcast.ca Or @thebigstory.bsky.social on Bluesky Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More from this show

More
  1. Big Headlines: Prime Minister Carney is in Istanbul exploring a new free-trade partnership

    Canada's chief trade negotiator to the United States says Donald Trump will still be U.S. President after the midterm elections and will still drive trade policy. Canada's deepenin…

    E209006:35
  2. The death of the dinner party

    When was the last time you host a dinner party? Not for special occasion, just for the sake of it. How about the last time you went to one? Odds are, it's been awhile. With generat…

    E207924:04
  3. Big Headlines: Carney says trade talks between Canada and the U.S. are still on pause and Stelco could face legal action

    Plus: Carney is warning Stelco that it could face legal action if it fails to meet its employment commitments, the federal government will add $1-billion to help build a road to th…

    E208806:29
  4. Why is Gen Z protesting around the world?

    Protests have erupted across Europe, as activists seek for radical political and societal change. In France, young people are looking to improve school conditions and access to edu…

    E208618:03
  5. Big Headlines: Alberta's separation vote could have lasting impacts and an update on the injured soldiers from CFB Wainwright

    Plus: Alberta Premier Danielle Smith has updated the province on the status of the Canadian Armed Forces soldiers injured during the fire at C-F-B Wainwright, Prime Minister Mark C…

    E208508:13
  6. Danielle Smith's post-referendum problem

    Alberta has decided its fate remains within a united Canada. More than 75% of voters in Monday's historic referendum struck down the idea of separating from the country, a result…

    E207824:07
Now Playing
The Big Story — Is it even possible to budget for this economy? | Podcast | Josplay Music