Financial planning doesn't have to start with investing or retirement, and it doesn't require everything to be "under control" first.

This is a practical, non-judgmental conversation that explains what financial planning really means, how it differs from budgeting, and where to start when money is tight or debt is part of the picture.

You'll be able to understand cash flow, set priorities, and reduce stress by knowing what to tackle first – even during a consumer proposal or bankruptcy.

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00:00 – Why most people don't start planning until a crisis
03:30 – What financial planning really means
07:45 – Budgeting vs financial planning
12:20 – Why prioritization matters more than perfection
17:30 – Where to start when money is tight
20:10 – Planning to deal with debt
25:10 – When a consumer proposal becomes part of the plan
29:15 – Why having a plan reduces stress

Disclaimer:
The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personal guidance from a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions, strategies, or digital tools/apps discussed.