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One in two Canadians don’t have financial plan

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Almost one in two Canadians don’t have a financial plan according to a recent poll.

Of those that don’t have a plan, 42 percent feel they have a good idea, and don’t think they would need to write it down.

CIBC’s Managing Director of Wealth Strategies Sarah Widmeyer had some advice for those looking to start planning.

Identify your short-term and long-term goals, take a detailed look at your budget, Create a plan with measurable goals, and review progress every year.

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