Trusted Tips and Resources

Trusted Tips & Resources

Trusted Saskatoon Financial Advisors At Wiegers Financial & Benefits Tips on Financial Health

Wiegers Financial & Benefits is one of the largest private financial planning and employee benefits consulting firms in Saskatchewan. Its Saskatoon Financial Planning Division provides business ownershouseholds, retirees, and students with expert investment and insurance planning services to help them reach their long-term financial goals. They also have a Benefits and Personal Insurance planning division. In this latest Wiegers Financial tip they share information and advice that is good for your health! Wiegers Financial Benefits are Trusted Saskatoon Financial Advisors and Trusted Saskatoon Insurance and Group Benefits experts


How Planning for Your Financial Success is Good for Your Health

If you’re like many Canadians – four out of ten of them, to be exact – you feel stressed when you think about money.  And while some stress is not necessarily problematic, chronic stress can lead to:
  • Heart disease
  • Stroke
  • High blood pressure
  • Immune functioning problems
  • Unhealthy habits including smoking and excessive consumption of alcohol
Stressing about money, then, can be harmful to your physical health (not to mention the potential negative impacts to your mental health, relationships, productivity at work, and a whole host of other things in your life). It’s a problem worth solving… and the sooner, the better.


The solution, in many cases, is working with a financial advisor who can help you plan for your financial success. Your advisor should, at minimum, talk with you about what matters to you, what your short- and long-term life goals are, and what you can realistically achieve (and in what timeframe). And it pays off, in more ways than one. In a recent survey, people who said they are financially prepared were:
  • Almost 24% more likely to exercise one or more hours each week
  • Almost 25% are more likely to say they are “very healthy”
So what can you do to be better financially prepared? Here are a few tips to help strengthen both your financial and physical health:
  1. Work with a financial advisor (a HUMAN advisor – not a robot) who can help get you from where you are to where you want to be. Don’t underestimate this step. If you decide against working with an expert, it’s akin to providing yourself life-altering legal or medical advice that could also wreak havoc on the lives of the people you love most. By contrast, if you work with a financial advisor, he or she will genuinely care to help you achieve your goals, and will have the experience and expertise to help you do it.
  2. Manage your debt. For most Canadians, debt causes stress – and the higher the debt, the greater the chance of depression and high blood pressure. Again, a qualified financial advisor can help you develop a plan for getting your debt – and the resulting stress – under control.
  3. Save for your future. If you’re among the 60% of Canadians who worry they won’t have enough money saved for their golden years, don’t despair. You-know-who can also help you develop a plan for saving that will help ensure a retirement you can look forward to.
If you’re not sure where to turn in finding a financial advisor who will work in your best interests now and in years to come, ask your friends, family, and co-workers if they can recommend someone. You can also, and probably should, look online for unbiased, uncensored reviews like on Google. The same as in every other industry, some advisors have more experience and better reputations than others, so it’s important you do your research. It’s worth it to invest the time, now and later, in helping to ensure your future financial success.


Wiegers Financial & Benefits has a trusted team of more than 20 financial advisors and support staff includes individuals who are true experts in their field, a number of whom specialize in working with clients with very unique needs. 

Wiegers Financial & Benefits  are Trusted Saskatoon Financial Advisors 


Trusted Saskatoon Group Benefit & Insurance Pro's at Wiegers Financial & Benefits Explain Employee Benefits

Wiegers Financial & Benefits is one of the largest private financial planning and employee benefits consulting firms in Saskatchewan. Its Saskatoon Financial Planning Division provides business ownershouseholds, retirees, and students with expert investment and insurance planning services to help them reach their long-term financial goals. They also have a Benefits and Personal Insurance planning division. In this latest Wiegers Financial tip they share information and advice for business owners. Wiegers Financial Benefits are Trusted Saskatoon Financial Advisors and Trusted Saskatoon Insurance and Group Benefits experts


How Benefits Can Help Bolster Your Employees' Mental Health AND Your Company's Bottom Line

What Mental Health Is and Why It Can’t Be Ignored

Most of us have heard – probably more than a few times – that if you don’t have your health, you don’t have anything. There’s no denying the truth of that but increasingly, and all the more during the COVID-19 pandemic, there’s an understanding that mental health is just as important and impactful as physical health.

The World Health Organization (WHO) defines positive mental health as “a state of well-being in which the individual realizes his or her own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to his or her community” (WHO, 2001, p. 1). Clearly, we all strive for this – or at least should be – but not all of us are mentally well, all of the time. Indeed, the Canadian Mental Health Association (CMHA) reports[1] that:

  • Mental illness indirectly affects all Canadians at some time through a family member, friend, or colleague.
  • In any given year, 1 in 5 people in Canada will personally experience a mental health problem or illness.
  • Mental illness affects people of all ages, education, income levels, and cultures.
  • Approximately 8% of adults will experience major depression at some time in their lives.
About 1% of Canadians will experience bipolar disorder (or “manic depression”).

What’s more, though final numbers aren’t yet available, Fardous Hosseiny, the National Director of Research and Policy at the CMHA predicted that by 2020, depression would be the leading cause of disability in Canada (preliminary indications are that Mr. Hosseiny was correct). Even more staggering is that approximately 1.6 million people continue to have their mental illness needs unmet. As Mr. Hosseiny explains, “Mental illnesses are episodic, but the key is that if it’s untreated, that’s when it’s really disruptive. We know that untreated mental illnesses are only exasperated with time.” Given the number of people not being helped, Mr. Hosseiny suspects that the number of Canadians who suffer from mental illness each year is even higher than what research shows (1 in 4 Canadians as opposed to 1 in 5), and that the availability of support systems – or lack thereof – plays a major role.[2]  Clearly, something needs to be done.

Your Group Benefits Plan Can Be a Terrific Support to Your Employees and Their Mental Health. 

Here’s How.

My team and I have been promoting the importance of mental health and mental health supports in group benefit plans for many years – long before the stigma surrounding mental illness started to decay. One of the most effective tools available is an Employee Assistance Program (EAP), which can be added to a traditional group benefits plan. Though the number of EAP providers is higher than ever, and the number of options available is ever-increasing, most EAPs provide, at minimum, confidential short-term counselling to employees and their spouses and dependent children, as well as referrals and other forms of support designed to help bolster mental health.

Other options include a robust Health benefits plan that provides coverage for mostly physical concerns, knowing that when an individual cannot afford to pay for a health product or service, his or her mental health can be severely impacted as a result. The same idea is behind Wellness and Health Spending Accounts. Providing your employees with healthcare dollars to spend as they need or choose to do helps reduce or even eliminate the financial concern that might otherwise present a barrier to their getting the help and support they need.


The Business Case for Mental Health Supports in Benefits
Aside from the obvious compassionate reasons for providing mental health supports at and through work, there’s a strong business case for it too. The Mental Health Commission of Canada (MHCC) estimates that the total cost to Canada’s economy incurred by mental health problems and illnesses is well over $50 billion annually or nearly $1,400 for every person living in Canada in 2016. This includes significant employer costs due to absenteeism, presenteeism, and employee turnover.[3]  And it makes sense. Healthier, happier employees tend to be more productive than their less healthy, less happy colleagues so investing in your employees’ mental health helps you – and your business – too.

It’s a wonderful thing that awareness and acceptance of the need to protect and care for mental health is finally on an upswing, and the fact that employers can do so much for their employees’ mental health carries exponential benefit for everyone involved, including the employers themselves (given the positive impact on their businesses).  As cliché as it might sound, benefits really are an investment in your team, and there’s never been a greater need than now for the mental health supports they provide.

Debra L. Wiegers, GBA, CFP, CLU., Ch.F.C.

Benefits Consultant, Wiegers Financial and Insurance Planning Services Ltd.

Wiegers’ Benefits Consulting Division includes 11 consultants and support staff who custom-design the most employee-valued and cost-effective group benefit, personal insurance, employee assistance programs, and retirement plans available. Contact Wiegers today for a no-obligation consultation to determine how they can help you.

Wiegers Financial & Benefits are Trusted Saskatoon Insurance and Group Benefits Advisors 


Flash Fresh Campaign Raised $2500 for Trusted Saskatoon Partners Most Affected By Covid Restrictions

Everyone is aware that the Covid pandemic and the restrictions that come along with it have negatively impacted many industries. When it comes to our small local businesses the worst affected have been in the restaurant, events, hospitality, retail, personal service and fitness industries. In May 2020, the Trusted Saskatoon team and Brodie Johnston, owner of Flash Electrical Contracting announced the Flash Fresh Campaign, to support Trusted Saskatoon partners most negatively affected by Covid restrictions. 

 



Flash Fresh Campaign Results

Thanks to the sales of Flash Fresh hand sanitizer plus additional cash top-up by Brodie Johnston, the owner of Flash Electrical Contracting and Sara, the owner of Trusted Saskatoon, the total being donated is $2500.00. The money raised will be split evenly between the 5 Trusted Saskatoon partners that have been hardest hit,  and are still dealing with the most restrictions due to their particular industry. 

Each Trusted Saskatoon Partner will receive $500.00 to help. 

We want to thank all of the folks who bought Flash Fresh, including the other Trusted Saskatoon partners and members of the public who wanted to help and support local!! 


Trusted Saskatoon Flooring Pros Western Carpet One Flooring Replacement Through Insurance

Western Carpet One Floor & Home is a locally owned and operated flooring store servicing Saskatoon and area since 1974. They are a full-service flooring store. Their stunning showroom offers a comfortable shopping experience for every type of flooring. Whether it is Carpet, Hardwood, Ceramic Tile, Laminate flooring, Cork, Sheet vinyl or area rugs, you will find it at Western Carpet One Floor & Home a Trusted Saskatoon Flooring StoreIn their latest Saskatoon flooring tip, Western Carpet share information on the insurance process when it pertains to flooring. 

It's important to understand the process and what to expect when dealing with a flooring replacement through your insurance. 

When you have an insurance claim, your insurance company will send a sample of your damaged flooring away to accurately determine the value of your replacement product. This testing is done by a company called ICC (Insurance Claim Collaborative Inc). 

Once this evaluation is done, it is important that you visit an approved ICC flooring retailer to help facilitate the process of replacing your flooring. Approved ICC flooring retailers, such as Western Carpet One,  have specific guidelines to make sure you receive fair replacement value and to protect you from receiving an inferior product. Approved ICC flooring retailers are committed to servicing the unique needs of the policyholder by providing the best service and customer satisfaction commitment. A long-standing relationship between the flooring retailer and ICC and a closely measured performance criteria ensures top quality service. 

For more information on insurance flooring replacement, contact Western Carpet One! One of their insurance team members would be happy to assist you. 

Western Carpet One Floor & Home is a Trusted Saskatoon Flooring Store



Trusted Saskatoon community welcomes Aurora Workplace Solutions to the Saskatoon Insurance Category

The Trusted Saskatoon team is thrilled to welcome Aurora Workplace Solutions Inc. to the Trusted Saskatoon community. They have joined the Trusted Saskatoon insurance category, and offer insurance products, group benefits, retirement plans, seminars, and trainingAurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Have You Heard of Aurora Workplace Solutions? 

Aurora Workplace Solutions has over 50 years of combined experience in the industry. They have a reputation for working hard to provide new and improved ideas to serve their clients, and they are always looking to offer an outstanding level of care and professionalism. 

Small and large business owners alike are generally spinning lots of plates. They are busy working on and in their business, and they often rely on Trusted 3rd party advisors to assist them with major financial decisions. The categories most need assistance with are insurance, accounting, legal, HR, and group benefits.  Aurora Workplace is a wonderful choice to assist with several of these areas, and they can be counted on to provide the best possible advice and recommendations for each client and their unique needs. 

Collin Willms is well known in Saskatoon, pre-covid he was a regular attendee at networking events, and consistently stepped up to volunteer his time for various local organizations and charitable events and causes. Collin has great personal style and an easy friendly smile, so it is no surprise that he came highly recommend to the Trusted team by his clients. Collin heads up a stellar team of advisors from across Saskatchewan, as Aurora has offices in Saskatoon, Tisdale, and most recently Regina.  

The insurance and group benefits industry is full of confusing acronyms, and there are so many options to consider; getting the right advice is key! It is great to have a trusted local team focused on finding the right options for their clients' individual circumstances. Aurora takes the time to explain the why and the how, they are not the kind of company that you just hear from once a year at renewal time. When we spoke to Auroras clients we heard repeatedly how they considered Aurora to be a part of their team. 

Also, it was noted several times that they go out of their way to get to know their client's businesses really well, this means they can recommend them to their other clients and networks. Collin even went as far as signing up for challenging cross-fit classes with one of his clients Chad, Owner of Synergy Strength and Conditioning,  and now he is a committed cross-fitter who regularly brings guests along, including other clients.  When it comes down to it, the Aurora team are great relationship builders and that is a real strength in the financial industry. 

Don't just take it from us, read the real words from Aurora clients that Trusted representatives gathered. We call and survey the clients of businesses that apply to be a part of Trusted. This is just part of our in-depth Trusted Verification Process and it is a pass or a fail.  We are happy to share that Aurora Workplace Solutions were rated highly by every single client we spoke to, and they passed all of our tests and checks with flying colours. 


"Collin Willms and the team at Aurora Workplace Solutions have been easy, straight forward, and helpful, throughout all our business requirements.  They are quick to respond to questions and offer solutions.  We at CJ Karz auto service are very satisfied with our business with Colin and Aurora Workplace solutions.”- Matt Jamieson and Angela downing at CJ Karz Auto service.


"We've been working with Collin from Aurora Workplace Solutions for a few years now and appreciate their great service and knowledge base. I definitely rate them a 10 out of 10 and would highly recommend them to other business owners looking for workplace benefits for themselves and their employees." Dave - Owner, DDIY Disaster Services & RenosTrusted Saskatoon Disaster Services Contractor



Aurora Workplace Solutions are well equipped to serve any client. If you need help growing your business.  Check out their listing in the Saskatoon Insurance Category

If you are ready to set up a group benefit or retirement plan, or just want to learn more about their services, just Click Here For A Quote

'Creating Brilliant Futures'


Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

 


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S & E Trusted Online Directories Inc
TrustedSaskatoon.com
129 21st St E #500
Saskatoon, SK   S7K 0B2
Ph: 306.244.4150

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