Helping Canadians Get Out of Debt
The new minimum wage will increase to $15 an hour by October 1. This is good news for the people of Manitoba; however, is it enough to live on the necessary living wage given the inflation rates?
The larger your family is, the harder it is to live on minimum wage, even the new minimum wage, but here are some ways to make it possible.
Continue reading “How to Live on a Living Wage with the New Minimum Wage”
Financial literacy is the key to successfully reaching your personal finance goals. It doesn’t matter how much you make; it comes down to how you manage it. This is why financial literacy is one of the most important topics you should learn.
Unfortunately, most Canadians aren’t well-versed in financial literacy, most importantly, building a solid credit foundation and managing debt.
Financial literacy not only helps you now but, in the future, too. For example, when you learn how to save to spend, you’ll reach a level of financial security that most think is unachievable.
How can you learn? Try our Build Learn Save Program.
Continue reading “Financial Literacy is an Investment in your Future”
If there’s one thing you should teach your kids, it’s how to manage their money. Unfortunately, this isn’t something they’ll learn much about in school, so it’s on you as parents to make sure they understand how to manage their money and more importantly, stay out of debt.
Tailor what and how you teach your child to their age, but here are 4 things every child should know about debt.
Continue reading “Teach your Kids these 4 Things about Debt”
Inflation has hit almost every aspect of our lives, especially at the gas pump. When gas prices are high, it can make it harder to afford other essential costs, such as housing, utilities, minimum credit card payments, and groceries.
Since gas is necessary unless you can take public transportation, it helps to understand how you can save money at the pump.
Here are 5 great ways.
Continue reading “Is Your Gas Tank Bigger Than Your Cheque?”
It’s that time again, can you hear the bells ringing? That’s right, it’s time to head back to school. This year more than most represents a return to the familiar after the last two years of uncertainty and continually changing requirements.
School brings with it the need for new in the form of supplies and clothing which can really add up and stretch your budget to the max. With the proper planning, going back to school doesn’t have to cost a fortune as retailers understand and offer some great deals to help you save. You’re probably wondering how you can possibly navigate all these sales and take advantage of savings without getting pulled into buying what you don’t need while wondering how you are going to afford it all.
Continue reading “Back to School on a Budget”
If you have family members in trouble financially, you may want to help them, but giving them cash may not feel right. If you’re worried your family members will just squander away the money you give them, here are 5 non-cash ways to help family members with financial troubles.
Continue reading “Non-Cash Financial Help Options – Helping your Family without Giving them Cash”
Starting a plan to get out of debt and keeping that plan are often two different things. It’s a lot like starting a diet when the New Year starts. You start off good, but then a week or two into it, you quickly fizzle and go back to your old habits.
So how do you stop this from happening when you’re trying to get out of debt?
Here are many ways to stay motivated to get out of debt.
Continue reading “How to Stay Motivated when Getting out of Debt“
You’ve likely felt the effects of inflation already. Your grocery and gas bill probably felt it first. Suddenly it costs a lot more to feed the family or fill your gas tank, but these are things we need so we have to adjust elsewhere, right?
One area many people struggle is managing debt during inflation. If your wages don’t keep pace with inflation (most don’t), then keeping up with your debts may feel impossible.
Here are a few ways to help you manage debt with inflation rising.
Continue reading “How to Manage Debt with Inflation on the Rise”
Setting financial goals sounds great when you say them, but what about achieving them? If you don’t know how to execute the steps to reach your goals, they are just words. Whether you’ve fallen into the ‘New Year’s Resolution’ trap, or you are turning over a new leaf, here are X simple ways to keep your financial goals.
It doesn’t do any good to set goals you can’t achieve. Instead, set goals you know you can hit. Even if that means setting baby-step goals so you can see your progress, do it. Just make sure each goal can be measured.
Continue reading “Keeping your Financial Goals”
If you’re sitting on a lot of debt right now, first know that you aren’t alone. The pandemic wreaked havoc on most people’s finances. Now that we’re seeing life get back to somewhat normal, you may wonder what you should do with your debt or if it will just hound you the rest of your life.
The good news is there are ways to conquer it. Here’s what you can do.
Continue reading “You can Conquer your Debt”