Author: Olivia Tarasewicz

Financial Coaching at Momentum

Do you need support with: Tracking your spending? Creating a budget? Saving for a specific goal? Creating a debt management plan? If you answered “yes” to any of these questions, you may want to sign up for Financial Coaching at Momentum. Our free Financial Coaching program offers up to five one-on-one coaching sessions. Financial Coaching can help you increase your confidence in managing your money… Read more

How to Get Your Free Credit Report

A credit report is a detailed report of the last 6 years of a person’s credit history. Lenders use credit reports to determine if they will lend you money or not. A credit report sometimes called a disclosure or credit history. Check out sample reports: Equifax sample Transunion sample How can I see my credit report? Equifax and TransUnion are the two credit bureaus where… Read more

The Two Best Ways to Save on Groceries!

1. Make a list and check it twice Think about what kind of meals you’d like to eat and make a list of ingredients you’ll need. Before you go shopping, check your fridge, pantry and cupboards to see if you have any of the ingredients at home already. Check and compare grocery store flyers and see if any of the sale items are on your… Read more

Back to school, back to saving!

It’s that time of year again. The leaves are changing colour, the evenings are getting cooler and the kids have gone back to school. What better time than now to open a free Registered Education Savings Plan (RESP) at your local bank. No money? No problem! All banks and credit unions in Calgary offer free RESP accounts with no monthly payments required. In addition, parents… Read more

3 Tax Filing Myths Busted!

Myth #1 – Filing your income taxes is difficult and expensive. There are ways you can get your taxes done for free. Many non-profit organization across Calgary offer free tax clinics to people living on low incomes.  Typically, to qualify for services at a free tax clinic, your annual income can’t exceed: $30,000 for single individuals. $40,000 for couples. $35,000 for adults with one child… Read more

Love & Money: How to Manage Finances as a Couple

Managing your finances when you’re in a serious long term relationship can be difficult. In fact, about 1 in 5 Canadian marriages end in divorce and what is the number one reason? Money. Although talking about your money situation may not be the sexiest topic, it’s a vital one to have if you plan on staying with your partner in the long run. Here are… Read more

Money Saving Tips for Your Next Vacation Abroad— Before & After You Travel

Vacations can be expensive, but they don’t have to be. With a little preparation, you can have a great holiday with money left in your bank account when you get back home. The answers are in preparing for your travels and reviewing your finances when you come back home. Before your trip: Informing your Financial Institution Let your bank know you will be leaving the… Read more

The 4 Professionals You’ll Meet When You Buy Your First Home

Buying your first home can seem like a complicated and daunting task but luckily there are trained professionals to help you along the way. Knowing what these professionals do and what their role is when you purchase your first home can help to demystify the process. The answers may surprise you! Mortgage Broker – Mortgage rates in Canada are at a historical low which makes… Read more

FREE Education Money: Sign-Up Online

November 17-21st was Education Savings Week across Canada and what better way to celebrate than to get Free Education Money for your children. Our sister program based in Toronto, SmartSAVER, has come up with a unique and simple way for families to access free government funds for children’s future education, the Canada Learning Bond. We had the pleasure of hosting SmartSAVER in their first ever… Read more