Tag: Budgeting

YOU Should be the Boss of YOUR Money!

Sometimes we think “it’s not worth the time” or “it’s only a few dollars” when it comes to changing behaviours around saving money. But with a little effort here and there, we can accumulate huge savings that could be better spent paying off debt, investing, or adding to our emergency fund. Here are a few examples of small changes we can make that add up… Read more

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

Money and Marriage

We’ve all heard that finances are a major source of stress for couples, in fact, there are many articles and research that says finances are reported to be one of the top 10 reasons people get divorced. But is there really such a thing as financial infidelity? According to entrepreneur and business man Kevin O’Leary, “The biggest problem in marriage … is if one partner… Read more

MoneyFit Challenge

Do you want to learn more about financial topics like budgeting and saving, and be entered to win money for doing so? How does $30,000 in prizes sound? The MoneyFit Challenge is a new tool to improve your financial well-being, sponsored in part by the Financial Consumer Agency of Canada and the Economic Club of Canada. You can join this free program by registering at… Read more

5 Questions to Ask Friends & Family Instead of “How Was Your Day?”

November is Financial Literacy Month. Instead of the usual “How was your day?”, I would invite you to ask your friends and family a bold and fun question about money to deepen your relationship. Some example questions to ask are: 1) If you won the lottery and money is no longer a concern, what would you invest your money on? This is an excellent question to… Read more

November is Financial Literacy Month

Financial Literacy Month (FLM) starts on November 1st.  It’s worth investing time and effort to improve your financial literacy, and FLM is the perfect time to do so! A great place to start is with your financial well-being. “Achieve financial well-being” is this week’s FLM sub-theme, and having a good understanding of money management is key to achieving financial well-being. People who are in control… Read more

Become a Couponer Extraordinaire!

I have effectively lowered my grocery bills by keeping a stash of coupons and regularly using them. Step 1: Finding your Coupons On the product – these sticker coupons are on the item/product. Be kind and only take the coupon off when you are checking out and purchasing the item(s). Mailed/Printable coupons – some coupons can be mailed directly to your home and other coupons have… Read more

Financial Stress is Hurting Our Health

This likely won’t come as a surprise to many of you, but Canadians have a lot of debt. According to Statistics Canada (June 2016), for every $100 in disposable income, we have $168 in consumer debt. This debt is often a huge cause of stress in our lives. A 2015 Sun Life Canada Health Index poll showed that the top three drivers of Canadians stress… Read more

Staying Financially Healthy on a Single-Income

Many Canadians are faced with the reality of managing a household on one income. A recent Globe and Mail Article highlighted the story of someone who overnight became a single mother. She reached out to a debt counseling service which helped manage her debt load of $20,000, and to curb expensive spending habits she had developed during the course of her 16-year marriage.  Today, she is… Read more

FL Month Financial Health Check-Up

Rate your financial health at our free financial health check up pop-up booth at Village Square Leisure Centre. Take our short quiz and learn about financial resources in the community. Win gift cards and prizes!