So little money, and so many uses for it: Spend, save, invest, indulge. Any expert you ask will tell you that it's important to consider your priorities, draw up a realistic financial plan -- and then stick to it.
Ask personal finance author Patricia Lovett-Reid your questions on financial planning. She was online at noon (ET) on Thursday the 12th of November to take your queries. You can click on the Cover It Live box below to join the discussion once it starts.
Patricia Lovett-Reid is a senior vice president at TD Waterhouse Canada Inc. She holds is a certified financial planner and the host of MoneyTalk, a national prime-time television program on personal finance, airing every Monday at 8:00 pm (ET) on Business News Network.
She has co-authored the national best selling books, Get Real: 26 Canadian Women Share the Secret to Authentic Success, Live Well, Retire Well: Strategies for a Rich Life and a Richer Retirement and Retirement Strategies for Women. Other publications include Surprise! You’re Wealthy: A Woman’s Guide to Protecting Her Wealth, as well as Take Charge Now: A Woman’s Guide to Personal and Family Finance.
For her outstanding contribution to the profession of financial planning in Canada, The Financial Planners Standards Council recognized Patricia with the 2009 Donald J. Johnston Award. As well, Patricia was named to the 2007 Canada’s Most Powerful Women: Top 100™ Award in the Trailblazers and Trendsetters category.
