Financial emergencies can happen at any time. Whether it’s a job loss, unexpected medical expenses or an emergency home repair, the sudden change in your financial situation can be incredibly stressful. 

How you handle money over the next few years is key in reaching your future financial goals. One of your goals may be financial freedom – having enough money down the road to travel, pursue your passion and enjoy life. 

Given the challenges millennials face, this may seem like a daunting goal. 

For many New Brunswickers, money worries are top of mind during this difficult year. Financial stress can have a serious impact on your physical and mental health. Below find ways to help you cut back and make small changes that can have a big impact on seven spending areas. 

What does it mean to spend smart? It’s more than just finding the best deal. It means knowing your spending limits, knowing your rights and responsibilities as well as being informed before you buy. Don’t be tempted into a fast purchase by a flashy red sale sticker. Look for a good, reliable product that is reasonably-priced.