Thinking about creating a budget can invoke a lot of negative feelings.  Budgets bring up memories of saving up for those fantastic shoes as a teen, or university days scraping money together to go to a concert.  In short, the word budget is rarely associated with anything fun – until now! 

Shift Your Mindset, Shift Your Outcome

When you set a goal you perceive as a struggle, you will always be pushing against and ultimately avoiding that goal.  You will not be motivated to participate, which basically means the result is not that meaningful to you.  You will be half-committed at best and possibly not see it through to the end.  Switch your mindset to understand that your budget is a way for you to control your finances instead of your finances controlling you.  Once you know and understand what you are budgeting for, you can choose to accept and even be proud of your commitment to be financially responsible.   Seeing the full picture may motivate you to earn extra money or stop spending on items that no longer serve you to reinvest in a better option. 

Understanding Your Financial Priorities

Making your money work for you starts by recognizing what you are making and what you are spending.  Only by understanding what comes in and what goes out can you make a plan that works with your income.  Making your dreams come true is not about what you make; it’s how you use it. Identifying your priorities allows you to pinpoint where you spend your money and where you need to cut back. Following a budget isn’t about sacrifice; it is all about financing the things that make you happy and using your money efficiently to ensure you get the most joy out of your life! 

Positive Energy for Positive Results

We’ve all heard the expression, “where focus goes, energy flows.”   Financial matters are no different. You want to invite positive financial energy into your life by getting excited about the opportunities your money affords you.  If you love to travel, a budget will ensure you get to do so. If you love the latest makeup trends, having a budget will allow you to shop for the latest styles. If you love concerts, budgeting will allow you to attend your favorite shows easily. Budgeting isn’t about lack; it’s about abundance. You want to invite in the abundance of joy so you can keep your cup filled with happiness.

Need help with your budget?  At Gail Sylvester Mortgages, we will review your financials together to make you feel good about your spending and saving.  Join me for Sunday Morning Coffee with Gail 2 Sundays a month at 10 am – find the link on my FB page here.  Catch up on past episodes on my YouTube channel.  As your trusted mortgage broker, I look forward to keeping you informed as we navigate the summer months together.  At Gail Sylvester Mortgages – we are more than just mortgages, and we are always here to help.


Is it possible to build a healthy relationship with your finances?  YES – it is all about mindset!  The way you think about your finances directly impacts your relationship with your bank account. 

Let’s review my top 3 ways to build a healthy relationship with your finances:

1.Gratitude Mindset

 How you were taught about money has a lot to do with the relationship you develop with your finances. If you were taught having money is a struggle, or it is the root of all evil, you will likely believe money and finances are a source of pain. This limiting belief can be turned around if you are able to change your perspective from lack to gratitude.  Begin to change your mindset by being grateful for what your finances have provided rather than what you wish you had.  Think about the shelter, food, vacations, entertainment, clothing, fun, and opportunities you have been awarded.  Your day-to-day relationship with finances will improve if you look at the abundance it affords you rather than the lack it contributes to.  There is always something to be grateful for.

2. Knowing Where You Are and Where You Are Going

There is incredible satisfaction in saving money for a specific goal. There is the excitement of watching your money grow and knowing you are working hard to achieve a particular goal, be it a house, car, vacation, or big-ticket item like a computer or piano.  Having a healthy money mindset includes patience. We live in an instant gratification society, meaning we want everything the moment we decide that we want it. A need for instant gratification is damaging our relationship with finances as it removes the excitement of working towards achieving a particular goal.  Knowing where you are, where you are going, and the plan you need to get there will provide a sense of accomplishment when you are finally able to purchase the desired item.  Knowing where you are and where you want to be is the first step in building the financial bridge to getting there. 

3. Money is a Means to an End

Knowing what you want to do with the money you have will give meaning and value to your finances.  Having funds on their own should not be your goal; having funds to purchase a particular item will provide you with a much healthier outlook on your finances.  Evaluating what it is you want, what you need to make it happen and the gap you need to close.  You will switch from saying, “I have no money” to “I need $10K to be able to buy the car I want.”  That $10K adds value and meaning to your financial goals rather than merely having the attitude that you are broke or don’t have “any” money based on one particular purchase.  The reason this mindset switch is essential is it moves you from a negative to a positive relationship with your finances. You DO have money to manage your life – what you mean to say is you need to budget or save to be able to have one specific item you are seeking.  There is a world of difference in those statements. 

If you need help reviewing and managing your finances, Gail Sylvester Mortgages is here to help…we are more than just mortgages! We want to assist in creating healthy relationships with money and productive money management.  Let’s connect today to make a plan that works for you.  For more information on a variety of financial issues and questions, tune into my YouTube channel for expert advice and conversation to help you better navigate your financial life.  See you there!  

 The way we connect to loved ones has temporarily changed; however, our need for connection is stronger than ever. Friends, family, and colleagues are connecting to say hello, share stories and ideas.  There have been more daily calls, zoom with co-workers and virtual wine and cheese parties (cheers!) than ever before.   

Top three ways to connect:

  • Virtual Wine and Cheese
  • Family Game Night
  • Social media groups and YouTube channels

 Virtual Wine and Cheese

 Zoom wine and cheese parties have become popular over the past few weeks, and why not. With our new reality, hosting a virtual wine and cheese is a way to stay connected to your friends and family as we navigate our new world.  Your kitchen is still the place to share stories and make new memories – now is no different. These virtual gatherings are sure to put a much-needed smile on your face!

(Virtual) Family Game Night

 With the kids at home, teach them some new games.  Poker?  Why not!  Or, re-discover some of those old board games that have been on the shelf for years.  Trivia Pursuit will keep the brain cells working and provide a great distraction – invite friends and family to join in virtually. Charades is another great game that gets the body moving and will provide some laughs. Who knows, you may even find a new family favorite!  

Social Media and YouTube

 There has been an increase in like-minded entrepreneurs creating Facebook and Instagram groups to share ideas and support each other.  This is a great time to work on your business and develop new offers to share with your clients once businesses open again.  Use YouTube to learn new skills and to listen to my mortgage update each week.  Sign in to my YouTube channel More Than Just Mortgages to stay up-to-date on the latest mortgage news and information. 


At Gail Sylvester Mortgages, we are more than just mortgages. We help our clients achieve their financial and life goals.  By investing your money wisely, you are able to save for retirement, or a special occasion and have a full day-to-day life.  Contact me anytime, 905-538-4090, to discuss your mortgage questions.  Take care and stay safe.  


Creating a calm space in your home will allow you to enjoy quiet moments of stillness and reflection over the next few months. 

Here are three of my favorite ways to create peace in my space:

  1. De-clutter your Home and Mind

De-clutter to think and breathe easier. Take this time in self-isolation to remove clutter from your home office, bedroom, kitchen, or garage.  The process of tidying up is cleansing as it will leave you feeling accomplished and prepared for what is to come.  Think about the joy principal and only keep items that bring you joy. Need some help?  Review celebrated organizer Marie Kondo’s ideas.  Marie reminds us all to de-clutter with her words, “Tidy your space, transform your life.”

  1. Sunshine, Plants, and Greenery

Who doesn’t love the feeling of the sun on their face?  The warmth of sunshine and sights of nature calms the soul.  As we self-isolate, create a garden in your backyard with greenery, flowers, plants, and trees.  Use what you have on your property, or carefully order some greenery online to create a space that makes you smile.  When possible, support local businesses by purchasing flowers and plants – it will help local shops and boost your mood.  Enjoy your morning coffee listening to the birds chirping while taking in the sights of nature. In the evening, end your day by taking a walk in the forest or through the local parks while practicing social distancing. 

  1. Diffuse Essential Oils

Essential Oils boost your mood, your immune system, and keep your home smelling beautiful.  If you have created a home office, the use of Essential Oils will enable you to enjoy a calm space where you can focus and get your work done.  Essential Oils allow you to create a unique combination of scents that speak to you.  Once you try a diffuser, you will fall in love!

You are invited to Sunday Morning Coffee with Gail each Sunday at 10 am to answer all of your mortgage questions.  If you can’t make the call, no problem, I will share the valuable update on my YouTube channel for your convenience.  As your trusted mortgage broker, I look forward to keeping you informed as we navigate the next few weeks together.

Celebrated Life and Business Strategist Tony Robbins comments, “There is no fixed level of achievement or success that will allow you to live the rest of your life on cruise control, comfortably and happily.  That’s because reaching a goal is satisfying, but only temporarily.”

Goals Create Temporary Happiness

Do you subscribe to the idea that I’ll be happy WHEN…..

  • I’m rich
  • I get a raise
  • I pay off my car/credit card/loan
  • I can afford a luxury vacation

And, the list goes on.

When happiness is determined based on one goal, more specifically, a financial goal, the finish line will never be crossed.  For example, when we get a raise, quickly, we realize the increase wasn’t big enough, or we didn’t get the title we wanted with the increase, or the bonus structure isn’t big enough.  Within hours, days, weeks, or months there will be another obstacle we need to overcome to achieve happiness.    

Tony reminds us that, “No matter what you have achieved, the high doesn’t last, and the reason is that life is not about achieving the goals, life is about who you become in pursuit of those goals.”  The thinking needs to shift from I’ll be happy WHEN to I’m happy because I have everything I need TODAY, and I’m doing my best every day. 

Long-Lasting Happiness is Based on Making Progress

To sustain happiness, one has to always be in motion, moving towards goals that align with their values.  At Gail Sylvester Mortgages, we take the time to understand our client’s lifestyle needs and retirement goals.  We recommend structuring your finances around what brings joy into your life now and in the future.  Understanding what brings you joy allows us to choose the right financial products to achieve your goals and live your life on your terms.


What goals are you working on? We would love to talk about your short and long-term goals and how we can help bring you joy and financial stability.  Let’s chat – contact Gail Sylvester Mortgages today.