Financial tips during a pandemic: How to thrive and survive with increasing costs!

Posted on Feb. 6, 2022, 12:37 p.m.

Join the Staff Nurse Interest Group and the Retired Nurse Interest Group with financial ddvisors Robert Selvig from Manulife Securities and Michael Papotto from IA Clarington Investments via Zoom on Tuesday, March 8 from  7-8 p.m.  

The pandemic has brought financial insecurities to many members of both groups. Kim and Garman  define financial insecurity as "the frequency of personal financial concerns and financial stress that interfere with work". With fixed incomes, and the rising cost of food, fuel, and housing we are sure most of us have wondered how we will financially make out both during and after this pandemic ends!

Quber states "When people talk about financial security, they are often referring to the combination of factors that make up an individual’s financial condition. These factors include how much money a person has, how they manage their finances, and how prepared they are for financial emergencies, among others. On the other hand, the concept of financial insecurity can manifest itself in a variety of ways: living paycheck-to-paycheck, having more debt than assets, or being unable to withstand a sudden financial shock. It is a reality faced by millions of Canadians every day, and millions more would likely consider themselves to be precariously close to it. As people at any income level can be financially insecure, it has a profound impact on the way Canadians live and how our country operates as a whole. " 

Robert Selvig entered the financial industry in 2004 when he joined Edward Jones as a financial advisor. In 2010, Robert moved to the Whitby branch of Manulife Securities Inc., where he currently helps clients in all stages of investing, specializing in retirement planning and tax-efficient income. He has extensive knowledge in many different investment vehicles, and customizes pans based on clients long and short-term goals.

Michael Papotto entered the financial industry in 2000 when he joined CI Investments as a client service representative. In 2004, Michael joined IA Clarington Investments as an internal wholesaler representing the Greater Toronto Area (GTA). In 2011 Michael was promoted to vice president of sales, based in Calgary, Alberta. After successfully supporting advisors in Alberta, Michael moved back to Toronto with his wife and daughter in 2015 to represent the firm in the GTA region. Michael is married with two children,  Maya and AJ, aged 7 and 5.

If you have any questions you would like addressed during the event, please send them to either:

retnig21.rnao@gmail.com or staffnurseinterestgroup@gmail.com

Register here: https://myrnao.ca/civicrm/event/info?reset=1&id=1203

Please join us for what we are sure will be an informative evening! 

The executives of SNIG and RetNIG