Financial wellbeing means knowing you can manage your day-to-day finances, protect yourself from unexpected expenses, save for short- and long-term goals, and retire on your own terms. Financial coaching and resources are available to help you.

Create a budget that works for you

The key to budgeting is building a strategy you can stick with over time. Consider the 50/30/20 approach: allocating 50% of your income to necessities, 30% to discretionary spending, and at least 20% to saving for your short- and long-term goals.

Prioritize paying off debt

Although it can feel overwhelming, there are ways to get debt-free faster. As a start, be sure you pay at least the minimum due on your accounts to avoid late fees and penalties. Then aim to pay down the balances with the highest interest rates.

Setting financial goals helps you clarify what you’re trying to accomplish and identify the steps to get there. Knowing your direction is key to making progress and achieving financial wellbeing success.

Learn how to maximize your savings

Different Registered Retirement Savings Plan (RRSP) contributions, like the Tax-Free Savings Account option, offer varying degrees of flexibility and tax advantages, and each has unique strengths. The better you understand your options, the more empowered you’ll be to choose what best fits your long-term vision.

Visit the Manulife | Adobe RRSP enrolment hub to get to know the programs and funds you can invest in.

Taking some small steps now can set you on the path to lasting financial wellbeing. Dive into Manulife’s financial planning resources for helpful insights on everything from budgeting and saving to smart investing and retirement prep.

Need personal guidance? 

Adobe offers unlimited financial coaching for employees and their families. Through My Secure Advantage (MSA), you have access to one-on-one, confidential money coaching, personalized action plans, and real-world support to help you stay on track and reach your financial goals with confidence.