Monday, December 11th

โ€˜Festiveโ€™ Math to Keep Holiday Spending In Check ๐ŸŽ„

Whatโ€™s In This Email

  • โ€˜Festiveโ€™ math to keep holiday spending in check ๐ŸŽ„

  • Why you should start a podcast for your business ๐ŸŽ™๏ธ

  • Fun, festive family playtime ๐ŸŽ

  • Welcome to the community ๐Ÿค

  • Notable Spotlight: Waddingtonโ€™s

  • Notable Plug ๐Ÿ”Œ

โœ๏ธ TAKE NOTE

๐ŸŽ„ Navigating Holiday Spending: Canadians Brace for an Expensive Season ๐Ÿ’ธ๐ŸŽ

Photo by cottonbro studio

As the festive season approaches, a new survey reveals that Canadians are gearing up for a costly holiday, with many expecting to exceed their budgets. Here's a breakdown of the findings and strategies to manage holiday spending:

Survey Insights:

  • Conducted by PayPal, the survey polled 2,000 Canadian adults.

  • 76% plan to create a holiday budget, but 56% anticipate going over it.

  • Rising costs are a significant concern, with 48% finding it challenging to stay on budget.

Budgeting Strategies:

  • 44% are closely watching price tags to avoid debt.

  • 25% set budgets to prevent dipping into savings.

  • Another 25% saved money throughout the year for big purchases.

Generational Spending Trends:

  • Gen Z respondents are more inclined to overspend, with 41% wanting to spoil loved ones and 20% planning to treat themselves.

'Festive Math' Approach:

  • PayPal Canada suggests adopting 'Festive Math' โ€“ a budgeting method where holiday shoppers plan and adhere to their budget.

  • Many Canadians set specific budgets per person (42%) and price limits per person (41%).

Payment Preferences:

  • 29% plan to pay in cash to monitor spending more effectively.

Mental Health Benefits:

  • By having a budget, 37% feel less stressed and more relaxed during the holidays.

Creative Saving Hacks:

  • 18% are re-gifting unwanted presents.

  • Other saving methods include redeeming loyalty points (32%), DIY gifts (17%), shopping second-hand (13%), and skipping social gatherings (12%).

As Canadians navigate the financial pressures of the holiday season, these insights and strategies offer a roadmap for balancing festive cheer with financial well-being. ๐ŸŒŸ๐Ÿ›๏ธ๐Ÿ“Š

๐ŸŽ™๏ธ The Entrepreneur's Guide to Podcasting: Amplify Your Business Voice ๐Ÿš€

Photo by cottonbro studio

Podcasting isn't just a trend; it's a powerful tool for entrepreneurs looking to elevate their businesses. Here's why Alex Quin says you should consider starting your own podcast:

Why Podcasting?

  • Vast Audience: Over 450 million podcast listeners globally, expected to rise to 500 million by 2024.

  • Unique Connection: Podcasts offer a personal touch, allowing entrepreneurs to connect with listeners during their daily routines.

  • Build Trust and Credibility: Regular, insightful content positions you as an authority in your field.

  • SEO Benefits: Utilizing transcriptions and show notes can boost your online visibility.

Benefits for Entrepreneurs:

  1. Authority Building: Consistently delivering insightful content establishes you as an expert in your niche.

  2. Engagement: Podcasts offer interactive opportunities, fostering a loyal and active audience.

  3. Brand Exposure: Reach new audiences through directories, sharing platforms, and collaborations.

  4. Content Diversification: Complement your existing content strategy and cater to diverse audience preferences.

Launching Your Podcast:

  1. Define Your Niche: Focus on a specific area that aligns with your passion and expertise. A niche topic attracts a dedicated audience.

  2. Plan Your Content: Develop a consistent strategy, including episode themes, lengths, schedules, and guest line-ups.

  3. Recording Setup: Invest in quality equipment like microphones and headphones. Consider soundproofing for better audio quality.

  4. Editing and Production: Refine your episodes with editing software to ensure professionalism.

  5. Publishing and Distribution: Use hosting platforms to distribute your podcast on popular platforms like Apple and Spotify. Optimize with relevant tags and keywords.

Podcasting is more than just sharing stories; it's about creating a space where your entrepreneurial voice resonates with a global audience. With the right approach, your podcast can become a cornerstone of your business strategy, building your brand and connecting with customers meaningfully. ๐ŸŒ๐Ÿ”Š๐Ÿ“ˆ

 ๐ŸŒ AROUND THE INTERWEBS  

Trying to figure out what youโ€™re going to do with all that family time over the holidays? Try some of these fun, potentially problematic, games this festive season! ๐ŸŽ„ 

@carmengrijalva21

i loved watching every single second of it ๐ŸŽโค๏ธ #funfamilygames #funnygames #familytime #holidaytiktok #holidaygames #christmasgames #chris... See more

Tipping, and joining a community with every purchase are the millennial generations Roman Empire. Tell us weโ€™re wrong!! ๐Ÿคฃ

@ballet_felice

And then the founder gets interviewed by Guy Raz #howibuiltthis #millenialsoftiktok #comedy #fyp

๐Ÿ”ฆ NOTABLE SPOTLIGHT ๐Ÿ”ฆ

PROVIDING EXPERT ADVICE TO CANADIAN AND INTERNATIONAL CLIENTS FOR 173 YEARS

In addition to our core fine arts departments, which include Asian, Canadian, Contemporary, International, Indigenous and Inuit Art, Decorative Arts and Design, Fine Jewellery, and Fine Wine and Spirits โ€“ we are also renowned for our ability to find or create markets for unique collections and estates such as the contents of Maple Leaf Gardens, Toller Cranstonโ€™s Toronto Collection, The William Jamieson Estate Collection, the FXSmith Studio Collection, the Estate of Richard LaPrairie, and many others.

๐Ÿ”Œ  NOTABLE PLUG

๐ŸŽ™๏ธ Get Into It: Freakonomics podcast. Freakonomics co-author Stephen J. Dubner uncovers the hidden side of everything. Why is it safer to fly in an airplane than drive a car? How do we decide whom to marry? Why is the media so full of bad news? Also, there are things you never knew you wanted to know about wolves, bananas, pollution, search engines, and the quirks of human behaviour. Listen on Apple or Spotify.

๐Ÿ“„ Notable Hires: Associate Director, Transformation, Tech Partnerships @ KraftHeinz (hybrid, Toronto)

๐ŸŽ“ Hope This Helps: ResumeBuild. ResumeBuild is the world's most trusted AI Resume Builder. We write and build your CV, optimizing your ATS job applications for the best chances of getting hired.

๐Ÿง  Today We Learned: In Troy (2004), Brad Pitt and Eric Bana did not use stunt doubles for their epic duel. They made a gentleman's agreement to pay for every accidental hit. $50 for each light hit, $100 for each hard blow. By the end of the scene, Bana paid Pitt $200. Pitt ended up paying Bana $750.

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Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.