HomeWealth ManagementScotiabank unveils Money Style to tackle financial stress

Scotiabank unveils Money Style to tackle financial stress


Adam Palanica, a senior manager at Scotiabank with expertise in cognitive and behavioural neuroscience psychology, underscored the uniqueness of each person’s financial experiences, shaped by factors like society, family, and socio-economic background.

“Learning about your Money Style will help you consider how the people closest to you think and feel about money and find some common ground,” he stated.

Highlighting the significance of Money Style, Kingsley Chak, Senior Vice President, Retail Deposits, Savings, and Investments at Scotiabank, referenced findings from the Scotiabank Worry Poll.

The poll found that Canadians worry about money for an average of 17.7 hours a week, equating to a part-time job’s workload.

Chak emphasized the importance of open discussions about money, stating, “Money Style by Scotia Advice+ is here to help you gain a deeper understanding of yourself, to in turn prioritize understanding others, and collectively live our best lives, financially and beyond.”

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