鈥淪hould I pay my mortgage faster? Should I contribute to a RRSP or a TFSA instead? What should I invest in? Stocks? Bonds? GICs? Isn鈥檛 it better just to buy real estate? Will I be able to afford retirement? Should I save for my children鈥檚 college education or should I let them worry about it? Am I on track? If not, what do I need to do to get back on track. We make good money but live pay cheque to pay cheque鈥︹��

These are all concerns people have, and they are often hesitant to share them with anyone. In our society, financial matters are considered a personal and private subject that can stop people from asking for help, which they may desperately need.

The overwhelming feeling of having many financial concerns and decisions to make can have a paralyzing effect. Too many choices can lead to no decision at all but instead, to a state of denial. 鈥淥ut of sight out of mind鈥︹�� Right?

I would compare this situation to experiencing a chronic physical pain for an extended period of time, but not seeking the help of a medical professional. Even if you take the initiative, look up your symptoms on the Internet and self diagnose, in all likelihood your problem would not be solved. Most people know better, and do seek the help of a health professional.

Why then, should you solve your financial questions or concerns by yourself? When it comes to your financial health it is not all that different than your physical health. You need the help of a professional. A Certified Financial Planner has the tools and the knowledge to help you address your concerns, answer your questions, and find solutions to your problems. Financial planning is not just about investments, it is about your overall financial health.

Ivan Vazquez MBA CFP is a Wealth Management Specialist with First Insurance Agencies and Mutual Funds Representative with Qtrade Asset Management Inc. To contact him call 250-334-3443 or e-mail ivan.vazquez@firstins.ca.