Living to a healthy old age without going broke

Nearly twice as many Québecers as last year are resolving to improve their finances in 2014, shows a survey for Laurentian Bank.

This year, 26% of residents have resolved to better their pocketbook, compared to 11% in 2013. But better health remains the top goal in the province.

Read: Healthcare system must be reformed, says report

The poll also shows:

• 46% wish to engage in more exercise (up 19% from 2013)
• 34% want to eat better (up 11%)
• 27% plan to take more time for themselves (up 8%)
• 26% plan to take better care of their finances (up 15%)

Read: Getting sick ails finances, too

Among the respondents who made it their resolution for 2013 to better manage their finances, 75% indicated that they kept that pledge throughout the course of the year.

However, the survey found that 25% failed to fulfill their resolution. These respondents expressed that having greater willpower (29%), establishing a budget (28%), and developing a financial plan (19%) would have helped them achieve their objective.

Read: Health concerns trump finances for boomers: RBC

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.