Today is your day Boomer! Baby Boomers in Canada and the United States hold about 50% of the wealth in our two nations, so naturally business wants to know more about what we spend our money on. A recent article on the Yahoofinance website outlines our 10 biggest spending habits...and what do you think is number one? Dining out and fitness memberships are #2 and 3 respectively, but the top focus is our "house"! Yahoo says "even if baby boomers have a fully paid-off house, they still have to take care of property taxes, repairs, maintenance, etc. Across the US and Canada, property taxes are on the rise as cities scramble to fund parks, recreation,and other municipal services." Number 4 is no surprise, especially in the winter: vacations. Five is coffee...we do like our Tim's! Number 6 is gifts for family and friends. Seven is electronics: contrary to popular belief, boomers are much more tech-savvy than the stereotypes give us credit. In fact, more seniors are embracing technology as a way to make new connections, stay in touch with family, and be much more mobile than their parents were in the past. Smartphones, tablets, and smart home components like Alexa-equipped speakers are growing in popularity. Eight is supplements to help enhance our energy; nine is new clothes, and ten...a big favourite, is pets and all their accessories! Boomers, we know "money makes the world go 'round" and while boomers are not the only generation spending money, our spending habits do influence products and services across a wide variety of industries. Cheers!
Today is your day Boomer! Well, yesterday was my day! My long-awaited dream of building and opening a new high school gym in Summerland came true! 550 students watched, smiled and vigourously applauded as the SD67 school trustees officially cut the ribbon and opened the facility. The kids played in their new gym, in a so-called Rocket Rally, right after that and then 200 more mostly-Summerlanders attended a two-hour opening fundraiser that evening. There were people, young and old, every where: going on tours, eating food, watching volleyball and basketball, listening to speeches, and investing money in 30 community-donated silent auction items and a huge 50/50 raffle...organized by the school's Parent Advisory Council. The final fundraiser tally was about 7000$...made in only two hours! Congratulations students and staff of SSS. Your new gym is finally here, the first new one since 1951! Play on....
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