Ontario residents call out their top personal finance concerns. RBC shares advice, tips and resources.

About this update from Royal Bank Of Canada

Ontario residents call out their top personal finance concerns. RBC shares advice, tips and resources. /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prntac{ TEXT-ALIGN: CENTER } Canada NewsWire Media Advisory – Financial Literacy Month TORONTO , Nov. 4, 2024 /CNW/ - Three of the top financial concerns among Ontario residents: 1.  81%: Concerned about balancing today's expenses versus building my savings 2.  72%: Worried about my cash flow 3.  49%: More anxious about my financial future Source: RBC 2024 Financial Independence Poll RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person. Three of the top financial habits challenges among Ontario residents: 1.  60%: Not always confident in my financial decisions 2.  41%: Not setting financial goals for the short or long term 3.  40%: Stressing about my personal finances at least weekly Source: 2024 RBC Financial Habits Poll RBC tip: NOMI Insights for RBC InvestEase helps clients start and stick to their savings and investing strategies with timely nudges when spare cash is available. NOMI Budgets sets and keeps track of a variety of expenses, from groceries to household to entertainment. And NOMI Forecast provides clients with a quick seven-day view into their future cashflow, showing upcoming preauthorized payments from any RBC deposit account. More information about all the NOMI capabilities is available at www.rbc.com/NOMI . Three of the top concerns about home ownership among Ontario residents: 1.  63%: Worried about covering the costs of home ownership 2.  60%: Would need a side hustle or second job to afford a home 3.  45%: Would need to overhaul my spending and saving habits to buy a home Source: 2024 RBC Home Ownership Poll RBC advice: We know it can take time to save for a home; taking advantage of the resources ava...

View stock analysis, news, and events for Royal Bank Of Canada