Chief Marketing Officer and Head of Institutional Business, SunLife Global Investments (Canada) Inc.
“I was really fortunate to have parents who taught my brothers and I the value of a dollar, and those lessons have stayed with me through my life. One lesson that always stuck with me is…never carry a balance on your credit card because if you do — next time you buy something on your card you are adding 18% to the cost of that item! That really hit home for me. Tough to always adhere to, for sure, but I’ve passed that on to my kids when it comes to credit card debt. However my view of borrowing money has certainly changed over the years, as its foundational to buying a house and getting that first mortgage. And I know many women who borrowed money to invest it in their RRSPs, and this has paid off well for them as they are now approaching retirement with a pretty nice nest egg!”