By: Luke Jones, Published on April 23, 2018 02:46 PM, Last Update on April 23, 2018 11:48 AM
The stresses of the insurance business are affecting Canadians in the industry. A TD Bank Group survey released last Thursday suggests two-thirds (66%) of working Canadians feel moderate to high stress from their jobs. However, the situation is worse in insurance, where three quarters (76%) report the same levels of stress and are reaching for the stress ball more often.
Speaking to Canadian Underwriter have the study was finalized, a TD spokesperson said participants in the survey were asked which industry they were in and how much stress they felt (high, moderate, low, no stress or don’t know). Finance, Insurance, real estate, and social assistance reported the highest stress at 76% of people asked.
“Whichever way you choose to find balance in the daily grind, whether it’s a family vacation or starting a new hobby, investing in yourself doesn’t have to break the bank,” said Jennifer Diplock, associate vice president of personal savings and investing with TD Canada Trust, in a release. “It’s about setting a goal and managing your savings to ensure you have enough to refresh and re-energize yourself. Try setting up a ‘me’ fund and make regular contributions or, if you will receive a tax refund, use it as a starting point to help you achieve your goals.”
The TD Invest in Yourself Survey was a custom survey of 6,021 Canadians aged 18 and older. The results were based on responses from 3,653 working Canadians, including 260 in insurance.
TD offers the following tips to help Canadians invest in themselves: