“The reason I’ve been so financially successful is my focus has never, even for one minute, been money” – Oprah. 


Creating financial success is not about money; it’s about using money to achieve your goals and objectives.  Getting clear on where you are going will help you create a workable plan. 

Finances are a means to an end. When you are following what you love, you’ll begin to see investments as a way to achieve your goals rather than merely a desire to accumulate wealth. 

The more you define how you will use your savings, the easier it will be to save. Your finances won’t just be a number on a page; that number will represent a family vacation, a new home, a new vehicle, an education, a gift for a family member, or a second home.  These are all tangible items you can visualize.

Use the exercise of visualization to create a complete picture of your goal.  Visualize what your goal looks like, tastes like, smells like, and how it feels against your skin.  The more detail you can add to your vision, the better.  Once you have this picture in your mind, you will have the motivation to stay on course. 


“It’s not about having lots of money; it’s about managing what you have.” – Gail Sylvester


The road to achieving your goal may include debt management, saving for a down payment, saving in a TIFSA, or another form of investment like RRSP, GIC, real estate, or stocks.  These are vehicles that will contribute to achieving your vision for your future. 

The journey is as important as the end result.  Saving doesn’t have to be all work.  Incorporate play into your plan by rewarding yourself when you accomplish smaller goals that contribute to your big goal.  Monthly milestones will allow you to track your progress and celebrate being one step closer to living your vision.  Celebrate everything, celebrate often!  

At Gail Sylvester Mortgages,  we take the time to review and understand your goals.  Together, we will build a financial plan to get you there.  Your success is our success. Drop by and say hello – we are always happy to see you!

The words “saving money” make some of us cringe.  I get it.  When you are working hard to make ends meet, saving money seems out of the realm of possibility.

Guess what?  It isn’t.  With a few small changes, you can start to save, allowing you to take control of your finances.


Adopt these five money-saving habits, and you will be surprised how easy it is.

  1. Change Jar

A change jar may seem old fashioned with all the modern money-saving tools, but in reality, it is the perfect way to save.  The reason this works is you can SEE your money accumulating, therefore, are less likely to spend it.  Saving quarters, loonies or toonies consistently can add up to $100’s of dollars in a few months.  These funds will allow you to upgrade furniture, go for dinner, or a spa treatment without reaching into your bank account.

  1. Dinner Dates

How many times do you eat out in a month?  We all do it more than we’d like to admit.  Cut one dinner out of your schedule each month and store that $50- $100 in a safe place.  Over time, the accumulation of these funds will allow you to make a worthwhile purchase with minimal financial disruption.

  1. Automatic Withdraw

Set up an automatic withdraw in your bank account that goes directly into a TIFSA, RSP, or bank account with no interact access. The idea here is out of sight, out of mind. Once you remove funds, you no longer factor those funds into your budget.  If all your money is in the same bank account, it is too convenient to dip into.   

  1. Save with Intention

Attach your savings to a specific intention.  Saving for a birthday, a special vacation, a new appliance, a new car, or some other item that has significance to you, you’ll think twice before spending the money as there is an opportunity cost to using the funds. Striving for a goal is an effective way to keep you on track.

  1. Financial Plan with a Professional

At Gail Sylvester Mortgages, we’ve seen it all. We do not pass judgment on your financial situation. Our goal is to put a plan in place, allowing you to reach your financial goals.  Working together, we will review your current financial situation and begin to make the necessary changes for a secure future.

At Gail Sylvester Mortgage, we care about your financial well-being. Let’s work together to ensure a bright future and a fantastic 2020.  Contact us today to book an introductory session.  We look forward to connecting with you!


According to BNN Bloomberg, financial stress affects nearly half of all Canadians.  BNN reports 43% of Canadians live paycheque to paycheque while incurring growing debt levels – to read the full article, click here

The distress of poor finances is far worse than just an overextended bank account.  Money woes can lead to illness, mood swings, poor financial decisions, and divorce.  To make 2020 a year of economic well-being, create stability by implementing savings plans, smart budgets, and exploring refinancing.  With a little help in these areas, you will feel like you’re making a positive impact and preparing for your future.

 Saving money encourages healthy financial habits.

Putting away twenty-five dollars a month into a TIFSA or RRSP will create a healthy financial habit. When you see a savings account grow, regardless of the amount, you feel a sense of pride as you are preparing for your future.  Saving a little each month is how you will begin to increase your wealth.

 Smart budgets reduce financial stress.

Having enough funds to pay the bills will ease a significant amount of stress. It is essential to review all of your spending habits and eliminate any unnecessary bills, for example, NETFLIX, monthly subscriptions, daily coffees, meals out, and frivolous shopping.  For your mental health, you can’t remove entertainment all-together.  However, you can be smarter about your choices to ensure you never run short when it comes to the essentials like car payments, rent, and groceries. If necessary, look into a secondary income option for additional spending money.

 Refinance for piece-of-mind.

At Gail Sylvester Mortgages, we help our clients achieve financial well-being by discussing all of your options.  You may be eligible to refinance your home or open a line of credit to consolidate debt into a lower payment.  Refinancing or consolidation will often free up extra cash for savings or disposable income. 

Taking care of your finances is taking care of yourself.  The stress of a stretched bank account follows you everywhere you go.  At Gail Sylvester Mortgages, we aim to provide the best financial options allowing you to sleep better at night.  Contact us today and discover how we will make 2020 your best year yet!

Famed author, coach and speaker Martha Beck taught us external clutter reflects internal clutter. One way to see this concept is to look for the room in your home that has the most clutter – is it the kitchen, home office, bedroom, or bathroom?  If your home office is a tad cluttered, let’s be honest, your finances may need a wee bit of attention.

Take a Step Back.  Clear your Mind. Refresh your Perspective.

“The more you celebrate your life, the more there is in life to celebrate” - Oprah

Refresh your financial perspective by reviewing your spending habits.  The best way to do this is to review the actual numbers from your bank statements.  Once you see the reality of how you are spending your money in black and white, you can make some impactful changes. 

The start of a new year is the perfect time to review your finances, and more importantly, your financial goals.  Strip away any non-essential services or look for more cost-effective options so you don’t feel like you’re missing out.  If you want some help going through this process Gail Sylvester Mortgages is happy to help you gain perspective and start working towards your financial goals. For some great visual tools to keep you on track get inspired here

Turning Can’t into Can.

“Whether you think you can or you can’t, you’re right” – Henry Ford.

How you think and interact with language concerning your finances will determine how your finances will materialize in the real world.  By constantly reaffirming you can’t achieve your financial goals you create a scarcity mindset.  A scarcity mindset is harmful as it pushes your goals out of reach.  In 2020, permit yourself to believe you CAN. You CAN save money making $40K a year or $400 a year.  It isn’t the money you make that ensures your successful – it’s what you do with it that matters.  Review these seven mindset shifts that will help you reach your goals in 2020 

Comparing is NEVER Productive.

“Stay in your lane.  Comparison kills creativity and joy.” – Brene Brown

If you’ve struggled in the past with financial clarity, now is the time to forgive yourself.  A crippling mistake is to compare your situation to those around you. Another person’s success or failure has zero correlation to your own.  There are too many variables when it comes to finances to ever truly know another person’s situation, therefore, there is no value in comparing.  Use your energy to take care of yourself and build wealth at your own pace.  That is the most productive approach you can take for a profitable 2020. 

At Gail Sylvester Mortgages, giving our clients peace of mind and a clear financial plan is what we are all about. Let’s bring clarity to your world this year with a plan that reflects your future.  Contact us today for a financial assessment to get started.  We look forward to seeing you soon.


But it’s 50% off.

This statement lands many online shoppers in trouble over the holiday season.  It is so easy to click your way into purchasing 100’s of items online, leaving you with inflated bills to contend with in January. 

Bills you can’t afford to pay are no fun.

When shopping online, the design of the website lures you in with perceived deals, promised savings, and shiny images. It is all very theatrical. 

You see it.  You want it.  You click on it. Done. 

Retailers want you to keep shopping all day long, and they have perfected the art of encouraging click-shopping.  However, after the hype has settled, and you are left with items you don’t want, consumer remorse sets in. 

To avoid remorse this season, follow these simple steps:

  • Delay your purchase by one day
  • Budget for holiday shopping
  • Never pay for faster shipping
  • Restrict your screen time
  • Avoid the “You may also like” section!

Delaying your purchase gives you the chance to back out without consequence. You will get to enjoy the fun or shopping and clicking but walk away with a full cart and revisit your purchases the next day.  With a small delay before purchase, you will eliminate impulse buying and overspending.

Ask yourself - can I afford these items?

Asking yourself this not-so-fun-question will save you heartache in the new year.  The thing is, the opportunity to shop never goes away.  After the holidays, there will be boxing day shopping and end of season sales and, and, and.  So, if you can’t afford the items now, there will be more items right around the corner.  Keep reminding yourself that retail uses marketing to create urgency - the urgency is false. There will always be another opportunity, so allow yourself some breathing room to revisit your budget before you click. 

At Gail Sylvester Mortgages, we are here to help you make smart financial decisions in all areas of your life. To review your finances and your 2020 goals, contact us today – the door is always open!