Scott McEachern

@nobleloonlodge Sigh. Wish you were right.

This did not age well

@nobleloonlodge Leave the Caribou for the next Canadian expansion. I like Blast and Blizzard.

The short list of names for the Utah Hockey Club. My votes would be 1. Mammoth 2. Blizzard 3. Caribou #UtahHockey

@Advocis @AdvocisDurham I used to do a budgeting 101 crash course during frosh week to those living in rez, long before I was even a financial advisor myself. #longtimepassion #AdvocisFLM23Chat #FLM2023

@AdvocisDurham Love the suggestion of free courses at the college level! 🙌

Q8: If resources were no object, what would be the best way to increase financial literacy for all Canadians? #AdvocisFLM23Chat #FLM2023

@AdvocisDurham @Advocis Problem is, I find teachers to be the worst with their budgets and finances😬Education does have to start somewhere though and well put-together programs will help everyone. #AdvocisFLM23Chat #FLM2023

@Advocis A8: Get it in the school curriculum, with increasing complexity each year. One unit in one grade isn't enough. Financial literacy is a skill, and skills need to be practiced and maintained. Free courses at local colleges for adults would be a great option too.

@_bchaps @Advocis ...If I get one more Crypto scam message - so over it!

@Advocis (2/2) There’s so many financial scams online because compliance teams often may not understand the reality of what consumers are faced with on social platforms, so advisors avoid social media altogether.  This leads to growth of the scammers rather than true advisors #FLM2023

Q6: What is the single biggest obstacle to Canadians developing greater financial literacy, and how could it be overcome? #AdvocisFLM23Chat #FLM2023

@Advocis Time constraints - the info is on the web, but our attention, especially online, is always being pulled in different ways. #AdvocisFLM23Chat #FLM2023

@Advocis A5: Online shopping! For some it stops the impulse buys, but for others creates them. #Knowthyself #AdvocisFLM23Chat #FLM2023

Q5: In 2022, an Advocis poll found that 40% of financial advisors indicated their clients were increasingly shopping at discount stores & buying unbranded items. Have there been any other popular new ways of shopping for clients to save money in 2023? #AdvocisFLM23Chat #FLM2023

@Advocis A4: Things cost money. It's a fun exercise to give them a fake job and fake income to see how far the money goes. #AdvocisFLM23Chat #FLM2023

Q4: In a rapidly changing world, what do you believe is the most important aspect of financial literacy that kids and teens should be developing? #AdvocisFLM23Chat #FLM2023

@Advocis Q3: I see clients taking more time to make decisions on the larger ticket items for sure. #AdvocisFLM23Chat #FLM2023

Q3: In 2022, an Advocis poll found that 73% of financial advisors reported their clients were dealing with inflation by cutting back on the purchase of food, clothing & impulse items – has this become any more specific with your clientele in 2023? #AdvocisFLM23Chat #FLM2023

@Advocis A2.1: Helping update budgets, suitability of investments, review of insurance coverage can all help ease client concerns. #AdvocisFLM23Chat #FLM2023

@Advocis A2: The value an advisor brings is being able to answer the question 'Am I going to be ok, (financially)? #AdvocisFLM23Chat #FLM2023

Q2: What aspects of financial literacy do you think would best highlight the value and expertise that a financial advisor can provide in challenging economic times? #AdvocisFLM23Chat #FLM2023

@Advocis A1: Just like ppl said Post-Covid - we're adjusting to the "new normal" - higher grocery bills, gas, mortgages, etc and revisiting budgets accordingly #AdvocisFLM23Chat #FLM2023

Q1: In 2022, an Advocis poll found that 43% of financial advisors indicated the fear of an overall economic recession was the top concern for their clients. How has this shifted in 2023? #AdvocisFLM23Chat #FLM2023

Let's get the #AdvocisFLM23Chat off and running. 🚀We'll be listing the questions and using the standard Q1 format. Please respond with the standard A1 format for each of your answers along with #AdvocisFLM23Chat. RT if you’re ready! 🙌

@Advocis I'm an independent financial advisor based in Barrie, Ontario and love helping clients get educated with financial literacy and take control of their finances.

Welcome, everyone! 👋 Before we kick off our #AdvocisFLM23Chat, please feel free to introduce / reintroduce yourself and include why you think it is important for Canadians to build greater financial literacy. #FLM2023

I don't post much on here, but always have a good time participating in this #financialliteracy event! See you then!

Join us on Thursday, November 23 at 2:00 p.m. EST and make sure to use the #AdvocisFLM23Chat to join and follow the conversation! 🙌 Start preparing now! See our 2023 questions here: financialadviceforall.com/join-advocis-f… #FAFA #FLM2023

@threedaysgrace All of them. Real solid album. Even better live!

We released EXPLOSIONS one year ago today! It has been a wild ride the last 365 days. Thanks so much for the support. What are some of your favorites from the record? ❤️‍🔥🤘 3dg.lnk.to/ExplosionsAlbum

@Advocis Life insurance inquiries were at all time highs at the beginning of Covid-19. A lot of reviews of plans took place. #AdvocisFLM22Chat

Q4: In 2021, an Advocis poll found that 47% of financial advisors received an increase in inquiries on basic financial matters during COVID-19. What gaps in your financial literacy do you feel the pandemic revealed in your clients & how have you addressed this? #AdvocisFLM22Chat

@AdvocisChapters @Advocis I explain it like a pot to hold investments, and you can put whatever investment you want inside this pot with the glorious benefit of you'll never pay tax on the growth.

@ScMcEachern @Advocis That is such an excellent point! TFSA seriously is so much more beyond just saving your dollars, it's an avenue to allow your money to work for you. In one sentence, how would you sum up TFSA to someone who doesn't understand what this account does? #AdvocisFLM22Chat

Q1: In 2021, an Advocis poll found that 67% of financial advisors felt that greater client financial literacy would help them advise clients more effectively. What aspects of finance and money do you believe are critical for clients to understand? #AdvocisFLM22Chat

@advocis_london @Advocis @FCACan @AdvocisPeelHalt @lifehappens @MoneySmartMB @cetfassn @FamiliesCanada @OpenAccessLtd @abclifeliteracy @HermanHChan @smarter_money Yep! The main Advocis page has started posting questions.

@Advocis @FCACan @AdvocisPeelHalt @lifehappens @MoneySmartMB @cetfassn @FamiliesCanada @OpenAccessLtd @abclifeliteracy @HermanHChan @smarter_money #AdvocisFLM22Chat Is there anyone else here chatting about this?

The day is finally here! Join us at 2:00 p.m. EST for our #FLM22 Twitter Chat.   We’re looking forward to some exciting and informative dialogue amongst attendees!   Set your reminders and join us using the hashtag #AdvocisFLM22Chat!   #FAFA #FinancialLiteracyMonth