financial health and wellness

June 20, 2016

Creditaid Delivers Financial Literacy Advice to Manitoba Educators

As part of our ongoing partnership with the Manitoba Teachers’ Society (MTS) to deliver financial literacy advice through their Balance Program, we were very happy to extend our reach to Manitoba educators.

In April, we were happy for the opportunity to speak to members of the Retired Teachers’ Association of Manitoba (RTAM) as they joined the Society members for a collaborative workshop about Money Matters and Mindfulness.

The RTAM advocates for the needs of retired teachers to the Manitoba government, the MTS and the general public. The association members have witnessed the benefits of the Balance program, and have begun holding collaborative workshops to tap into the many benefits that the program has to offer.

Even after a lifetime of prudent money management, it is oftentimes in retirement that an individual might need access to advice and resources that they previously did not.

At Creditaid, we feel privileged for the opportunity to discuss financial wellness and financial literacy with our province’s educators and look forward to more opportunities to share in the future.

If you find yourself facing a life transition that requires a change in the way you manage your budgeting and your debt, contact the friendly staff at Creditaid for help.

February 11, 2016

Talking Financial Wellness at R.D. Parker Collegiate

Wednesday, February 10, 2016, marked another great day of professional development, this time with the staff from R.D. Parker Collegiate in Thompson, Manitoba. Our Balance Wellness Team is having a lot of fun meeting some great teachers across the province.

We were welcomed with open arms by Principal Rod Fisher and his staff. Keith Macpherson, Carla D’Andreamatteo, and Creditaid’s President Brian Denysuik, are really enjoying the opportunity to deliver some great programs. Creditaid’s Financial Wellness piece generated lots of interesting conversation.

Thank you Manitoba Teachers’ Society for having Creditaid as part of the Balance Wellness Program.

December 23, 2015

Creditaid is Going Back to School!

Creditaid is delighted to be part of a new wellness program offered to the members of the Manitoba Teachers’ Society. The program, coined Balance, is in its’ first year and Creditaid is very excited to be covering the Financial Literacy piece.

Financial wellbeing impacts one’s overall health, and can affect relationships with family, friends and co-workers. More employers are beginning to realize that being under financial stress can significantly impact the quality of an employee’s daily work. We were happy to be selected by the Manitoba Teachers’ Society as responsible for the Financial Literacy portion of their wellness program.

The Financial Literacy workshops and resources provide information to help individuals deal with financial stress and limit the effects it may have on their life. Topics include but are not limited to:

• Identity Theft
• Dealing with Financial Stress
• Budgeting Made Easy
• Talking Money with Your Kids

We have been helping Manitobans be debt free since 1992 and with programs like these, we can help even more. These valued individuals are teaching our children, and we trust that the more knowledge they have, the more they will pass along.

September 30, 2015

Help Your Debt, Help Your Health

As more studies are done on the correlation between physical and financial health, one thing has become crystal clear: the more affluent you are, the better your physical health is likely to be. According to the Public Health Agency of Canada, social and economic status “seem to be the most important determinants of health”.

There are a number of reasons for this. The obvious is that people with higher incomes are likely to be better educated about their health, and have better access to nutrition and medical services.

There’s also the emotional toll that a debt load can bring to an individual and a family. No matter what your level of income, if you’re carrying significant debt, it will weigh on you. When that debt load gets out of hand, the collection calls from creditors and the “balancing act” of weighting credit card and loan payments against the necessities of life can produce high levels of stress, which will have an impact on your health. Credit card debt is the most significant detractor, because it’s the most available and carries the highest interest cost.

For Manitobans struggling with debt, the first steps to recovery are the most difficult. You must analyze your budget, and take a detailed look at your obligations and their accompanying interest rates. From there, you need to create a realistic payment schedule, one that allows you to take care of your family’s needs while reducing the amount you owe.

At Creditaid, we understand the physical and emotional toll that spiraling debt can have. When you contact us, we’ll do our best to help you by offering counselling regarding your debt situation, management of your debt, and look at a consolidation strategy when appropriate.

Contact us anytime online or by telephone at (204) 987-6890. We can help you take those important first steps toward a healthier, debt free life.