Month: September 2015

Skylark Cleaning Services – 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

NDP Government to Review Payday Lending in Alberta

With the current provincial payday loan regulations expiring in 2016, the provincial government is taking the opportunity to review the regulations and ensure that Albertans are protected. Lower maximum fees, alternative lending options and repayment options are items expected to be discussed. Read more in NDP government to look at new rules for payday loans in Alberta in Calgary Herald.

Support Drool Pawtisserie! Guest Blogger: Jennifer Roy

Did you know that over 10% of cats and dogs live with allergies? Some allergies are environmental and can be controlled with Benadryl or prescribed vaccines, however, the more difficult allergies to deal with tend to be food related. Stomach, intestinal, and immune issues can be affected dramatically by what our pets eat. In fact, our own dogs had serious intestinal issues which were resolved… Read more

What Does Having Bad Credit Cost You?

In our Credit workshop, we talk about how having a good credit history is an asset. Are you really aware of what having poor credit is costing you? Most people are not aware of the real cost of poor credit. Your credit history is used in much more than determining if you qualify for a loan. Your credit history impacts such things as: Renting an… Read more

Home Ownership Dreams Come True at Momentum

Last night was the final class for our most recent Owen Hart Home Owners program. OHHO is a special matched savings program for Fair Gains Graduates, who are ready to take their commitment to saving to the next level, and pursue the goal of home ownership. Putting aside enough money for a down payment requires serious discipline, especially for people living on lower incomes. Dean… Read more

Full Circle Adventures – 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

Building a better payday loan

At one time or another we have all struggled with money. Some people are able to rely on loans from parents, family, or the bank to get through a financial crisis. Others are not so lucky and feel their only option is a high interest payday loan. Momentum has been working to better regulate this predatory industry but regulation is only one side of the… Read more

We had our say on the Alberta budget

The Alberta Government reached out to all Albertans for ideas on their upcoming budget. The provincial budget, expected in October, will set spending priorities for the next six months. Momentum took the government up on their offer and has provided feedback through the process and to government contacts. Have a look at what we said in Momentum Budget Submission 2015. Momentum believes that these priorities… Read more

How to Save On Bank Fees

The number one complaint that bank consumers have is the amount of fees that they pay. Did you know there are many ways you can reduce or eliminate bank fees? Make sure your bank package fits your needs It is usually cheaper to have a banking package than a pay as you go account, but you don’t want to pay for services that you don’t… Read more

You’re Meeting Your Minimum Debt Payments. Are You OK?

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