Month: April 2015

Little Wonders…A Time to Inspire – An Entrepreneur's Story

2014 marked the 20th anniversary of the Business Development Department of Momentum. To celebrate, we collected 20 stories about past participants who have thriving businesses.  Written by Marnie Schaetti of RaiDo Dynamics, these stories reflect the diversity, innovation and hard work of the inspiring participants who come through our doors every year to take one of our many programs. This is one of those stories…. Read more

Four Problems with Cash Advances

Have you even been short on money and decided to just withdraw what you need through your credit card at the ABM to make ends meet?  If so, here are four things to be aware of before you decide to borrow against your credit card. ABM Transaction Fee—if you’re looking to access cold hard cash, you’re going to get hit with a fee of at… Read more

Your layoff may have a silver lining

Last week Global News ran a story featuring Momentum. It is about the hidden opportunities that can come from being laid off. One of these is to consider self-employment. Are you unemployed or living on a low income? Do you have an idea for a business? Momentum can help you test, plan and launch your venture. We offer classes, coaching and loans to get you… Read more

Momentum Staff member Lora Pesant wins Bhayana Award!

Today Momentum celebrates the tremendous achievement of Lora Pesant, Financial Literacy Facilitator at Momentum and one of the winners of this year’s Bhayana award for leadership. Lora leads our StartSmart program, which can help you build financial assets by opening a Registered Education Savings Plan. StartSmart makes it easy to access free government money and also to begin the habit of regular saving for a… Read more

Eclair de Lune – An Entrepreneur's Story

2014 marked the 20th anniversary of the Business Development Department of Momentum. To celebrate, we collected 20 stories about past participants who have thriving businesses.  Written by Marnie Schaetti of RaiDo Dynamics, these stories reflect the diversity, innovation and hard work of the inspiring participants who come through our doors every year to take one of our many programs. This is one of those stories…. Read more

Talk with Our Kids about Money Day

I bet not a lot of you have heard about this day before. Don’t feel bad if this is your first time hearing about it, it only started back in April 2013, making 2015 its third year. Even though Talk with Our Kids about Money Day is a relatively new initiative, it’s going to be around for quite some time. Financial Literacy is not a… Read more

How to Start a 30-Day Spending Journal

We are all about partnerships at Momentum. We know that we cannot do everything and that many of the people in our community have knowledge and expertise that we can learn from. It is in the spirit of learning from our community members that we present the following blog post from guest blogger Douglas Hoyes, Founder & Trustee of Hoyes, Michalos & Associates. If you… Read more

Policy Update: Government Cancels ACES Grant

The Government of Alberta has put forward legislation that will cancel the Alberta Centennial Educations Savings grant (ACES) that pays an initial $500 into an RESP when parents open one on behalf of their child. ACES was introduced by Premier Klein in 2005 to support Albertans in saving for their child’s education. This program was initially intended to support all Albertans to save. However, the… Read more

High Tails Pet Resort – An Entrepreneur's Story

2014 marked the 20th anniversary of the Business Development Department of Momentum. To celebrate, we collected 20 stories about past participants who have thriving businesses.  Written by Marnie Schaetti of RaiDo Dynamics, these stories reflect the diversity, innovation and hard work of the inspiring participants who come through our doors every year to take one of our many programs. This is one of those stories…. Read more