Annual Report

What our clients have to say

Sharon L.

1712967582

The gentleman that called was very helpful, friendly and professional.

Jennifer E.

1712853272

I was drowning in debt—there was so much of it. The calls from creditors didn't stop. My bank was no help.I contacted Money Mentors to inquire about the OPD program and their advice. I was prepared to dedicate myself to clearing my debts. I was ready to cut up my credit cards. My counselor and I worked through some homework before we created my payback schedule. Since I was determined to pay off this personal debt on my own, I made large monthly payments. The phone calls from creditors stopped, which was a relief.Despite some difficult months, I am debt free after 56 months! It has not sunk in yet. My perspective has changed from one of spending and worrying about it later to one of saving and planning. Though I still worry about going back into debt, I can always turn to the Money Mentors website for helpful guidance.

Kiran

1709517177

Linda Mak is an amazing person I ever met .she has lots of knowledge and professional skills regarding any financial issues. She listens your concerns with patience and address them with at most knowledge. I like the nature of Linda Mak she is so friendly and easy approachable person.

Google Rating

4.3

Based on 59 reviews

Money Mentors Calgary

4.3

review us on See all reviews

Sharon Leopold

1712967582

The gentleman that called was very helpful, friendly and professional.

Jennifer Eriksson

1712853272

Kiran

1709517177

Danielle Bishop

1707844173

Linda was amazing!! Such a kind lady and was really informative and spoke in a way you understand the material she was giving. I wish I had of learned about this going through school! Such a great program!

Chasity Bitternose

1707415648

LINDA MAK was an excellent money mentors facilitator. She brought excitement and so much valuable information with her! Thanks so much Linda Mak

Frescia Marie Joseph

1707371613

Ms. Linda is the best🫶🏻

Ali Hakimi

1707369966

It was new and useful information. I highly recommend it to other people.

Mila O.

1707366919

Linda was amazing, very engaging! I gained valuable insight and learned useful tips about consumer education. Highly recommending!

Dnotez Bryant

1707195689

Linda gave an amazing presentation. She shared valuable information in such a way that she made sure everyone understood what was going on. She was attentive, charismatic and extremely passionate. I am grateful to have participated and grown in my financial literacy as well as the ability to further my education in that regard. I look forward to accessing the resources She provided. Thanks Linda!

Susobhan Sarkar

1700768997

We had a life changing experience with Money Mentor ! My wife and I had a loan of almost $100,000 almost 6 years ago. Our lives were suffocating, sometime taking one loan to pay another. I used to work in the University of Calgary, and one day somebody gave me a brochure of Money Mentor and told me about it. We signed up for the OPD program with Stacey Townsend, our Counsellor Lead. Believe it or not, we were able to pay the loan with the help of Stacey of Money Mentor. Stacey was amazing, a very nice and pleasing personality person. Each and every step she guided us over last 6 years. She addressed any of our questions or queries with e-mail thoroughly, and by phone as and when it was necessary. Thank you Stacey. Some people told us that we we're never going to get credit cards or loan or mortgage in future if we go to this program. They were wrong. We were able to get the unsecured credit cards from bank right after we finished the program. We have qualified for the loan and mortgage as well. Money Mentor,s OPD program is great - it indeed gave us a new life ! No question about it. We are grateful to Money Mentor and of course Stacey. I would highly recommend to anyone who are going through hard times. Again thank you Money Mentor and thank you stacey. It is a great organization.

Yasser Lautfi ali

1699312712

Alexander is a very good person he helped me a lot with managing my debt thank you money mentors 🙏

Abir Salla

1696338800

Great session . We had Kim Reynolds to give a presentation to our students. Very beneficial and informative.

elias hand

1695664744

Money Mentors has saved me! Just when I thought that there was no hope left, I was introduced to these wonderful people :) I can finally rest at ease knowing that I can sleep at night 😊 thank you Jason K, and team for helping me with my financial mess!! I will never forget it!

Donel Porquez

1688307719

Morgan Fields

1682709915

This review is long overdue. I complete the OPD program in 2018 after being in debt for over 10 years. Without the help and guidance from money mentors I would not be where I am now. Not only have I managed to stay out of debt but from all the financial wellness courses I took, I have thrived. I have my life back. Thank you from the bottom of my heart.

Anita Starlight9

1681320473

Nathaniel Peters

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Natasha Evans

1674769326

I am so satisfied with the efficient service I received from Alexander. I feel like I have more control over my finances and I'm confident in my future financial decision making. Thank you for the resourceful and judgement free advice. I highly recommend having a consultation with Money Mentors, if you have limited financial literacy and need professional advice on how to manage your debt/finances.

Sydney Kilburn

1674618927

Honestly found them unhelpful.

Crusader Latin

1663452265

Very motivated to help people, so give them a call.

Cindy Duffin

1662135700

My husband and I were struggling financially despite making a very good income. Money Mentors offered us practical solutions to our financial troubles and have set us up much better for success in the future.We worked with Alex and he was kind, informative, and completely non-judgmental. I highly recommend talking with Money Mentors if you are struggling with debt.

Michael Hilton

1660885200

A great experience, explained all my options using language that I could understand. Were not condescending towards me or the reasons that led me to use their services. I have and will recommend them to anyone who could use a hand up, not a hand out.M.H.

Joanne O'Connell

1650755316

Hi- Good experience. We all know something about money, but their systems and metrics were quick and useful. Recommend them Joanne

Leah Thomson

1649167243

They are absolutely there for you. I'm so glad they're on my side.lol Love working to reach my end goal. OUT OF DEBT!!!!

John Wng

1648089215

I wish i had found money mentors sooner. Honest and working on our side and understand our situation. I tried to contact other agency that just tried to rip me off on top of my desperate financial situation. I want to recommend to everyone who need help! Thank you so much Alexander!

Timothy “Leond” Wall

1647910624

If you are in debt and having trouble seeing a way out I can't recommend Money Mentors enough. Right from the start I never felt judged. Everyone was understanding and helpful. While on the program they were very understanding of the few times I did have to make a payment late or split a payment over a few months. I just finished the OPD program and I honestly don't know how I would have made it out of my debt otherwise. Thank you Sheri for your help!

AJ Siwel

1647035247

Thank you so much Alexander!!! The customer service I received was exceptional. I was given two (2) option to pay off my debt without declaring bankruptcy. I did not want to go into bankruptcy. I was given details about both options. At the end of my conversation with the counsellor at Money Mentors I felt relieve and knew I was more than capable of handling my debt in a timely and efficient manner. To say Money Mentors counsellor put me at ease is putting it mildly. I am so glad I made the call for help. Even though I have a budget made out I am going to take the free courses they offer online as I never want to be in this position again. Thank you so much to the Counsellor and all staff for making this incredible outcome possible. Knowing I don't have to go into bankruptcy, lifted my spirits immensely. With much gratitude, my life just got a whole lot better.

Erin Ekstrom

1646261902

Alexander has been wonderful. I truly appreciate his kindness and all of his help, and how attentive he is as well.I cannot thank him and Money Mentors enough for helping my family out of a difficult situation. He has never once judged us, made us feel bad about our situation, and truly seemed to care.

Kam Mann

1639954811

The Notable Thinker

1637100097

My meeting with Nikki was extremely informative and she provided a very helpful plan to help with my current circumstances. :)

Zam Ramirez

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Ryan

1615398840

Would recommend to anyone that is drowning in debt and unsure what to do. I was incredibly foolish and irresponsible with my finances, and it was catching up to me. Finally I worked up the courage to make an appointment and go.I never in my life thought I would pay back my debts, have collection calls stop - but sure enough the orderly payments of debt program helped me get there. And that monthly payment was a constant reminder to never let myself be so frivolous with my credit again.

Michael Roy

1614105188

Best way to get out of debt. It isn't a get out of jail free card. You pay your debts off with reduced interest making it easier to get back on track. Best of all is you get a financial education to set you up for success once your caught up.

Carson Elliott

1610993642

Money mentors saved me from a world of struggle. They were able to lift the burden off and help me achieve financial freedom! They even checked up on me to see how I was doing! If you struggle with credit debt and want to be free of that downward spiral, give them a call, tell em Carson sent you!

Zane C

1602006739

Finished my OPD program over 6 yearsand paid off all my debt. Got all my fees paid back as well. Special thanks to Stacey for all her help. Would recommend.

Starchild 2061

1580605294

Was initially hopeful after contacting this company to help straighten up some debt. While setting up for an OPD, the advisor I talked to told me to ignore all my current credit card payments and to stop answering calls from the collection agency in preparation for the debt that was going to be collected. This ended up being bad advice because the OPD fell through before I could set it up and now I am in an even worse situation than before with my interest payments unpaid and the collection agency even angrier than before. You would think that a money mentoring program would have enough insight to anticipate complications down the road and would not recommend something so irresponsible to a person in financial distress.Once the OPD fell through, the advisor was gone. They left me hanging without a single word of advice. I felt completely abandoned by money mentors. I would not recommend reaching out to them for help.

FDM

1578349496

Finished up my OPD program last year with Money Mentors. Yes, they helped me get out of debt, which was great. But they also found a crafty way to back out of paying back several thousand dollars in fees.I was told at the start I had to finish a course within the first year of the program to qualify for a monthly fee refund, and I was reminded a couple times within that first year to complete it. Fast forward several years, I get to the end of my OPD program to find out that they're not going to give me a single penny of those fees, because there were other courses that I missed. Yes, those courses were in my initial paperwork, but I suppose I was expected to remember every little detail of the fine print for up to 3 years after I signed the paperwork. I don't think it's a coincidence that the reminders stopped after the first year.The person I met with to finalize the OPD said that I could finish the missed courses and make an appeal to management to get the fees refunded. I did exactly that, and all I got in return was a condescending reply from some "lead counsellor". Instead of simply saying that they were still unwilling to refund the fees, she decided to spend the entirety of the email pointing out how wrong I was. I guess she figured that they had all my money, and I had signed all of the final paperwork, so decorum didn't matter anymore?This whole experience could have easily been five stars...but for them to dangle that carrot only to take it away at the very end was quite disheartening.

Linda Stevens

1569972756

Thought we were going to get some resolution to our debt. Jumped through all the hoops and it took me 5 months to have everything including income up to where Money Mentors instructed. Returned with great expectations only to be told we needed to make more money before they would help. We finally ended up at BNA debt solutions . They solved our problem and gave us options.

Jessica Kristensen

1561589328

Very great experience with this company. Very professional and met all of my needs. I have so much of my stress lifted and I am so thankful for money mentors.

Bryce Butler

1553012782

Delores was so kind and helpful with this seemingly helpless dept process, She gave my wife and I hope and comfort.Thank you Delores and Money Mentors

T Hilstad

1546974606

I would NEVER again recommend money mentors to anyone EVER! So much disrespect and lack of professionalism from the staff. I'm absolutely disgusted with the Calgary office staff!DO NOT GO unless you want to made to feel worthless and be degraded.As per myself and 2 others I did recommend.NEVER AGAIN money grabbers!

J D

1542261269

Horrible experience. The women I met with was not only late, but both rude and condescending; and in short told me I would apparently be wasting my time with them because at the time she claimed it would take at least ten years with them and they'd make money off of me and wouldn't be paid off. No options or programs were mentioned just that I apparently had to pay them. Kind of threw me off since they claim to be a non-profit and this all was stated after only a few minutes based on assumptions and estimates with no verification of any kind before hand. All in all very shifty and wasn't the only awkward conversation/experience I've had with them (had no debts a few years ago so no real need back then) and definitely wouldn't recommend. There are other companies/resources out there with better reputations.

Claudio V

1541517081

On initial consultation, I was made to feel like a criminal. I was told with my type of debts, I must have an addiction to something and insinuated I use drugs, which I do not! The lady (D.T) did not even believe my address and questioned over and over, if I had a unit number. Like who doesn't know their own address? Some people there need more training.

Amanda Mcknight

1534919753

Anthony

1525298009

I took a friend here today. They were intensely helpful given the short window of time we had. Paula was able to zero in on the problem areas and offered a number of solutions. Of course she can't spend all day with us. It wasn't a social visit. Some people might be offended by that. I was happy because my time is valuable also. I will be recommending Money Mentors to more people who find themselves having financial difficulties.

Shelly Logan

1491317188

I really appreciate the flexibility of being able to take my call on my cell phone during my bus ride commuting to work! Stacy was right to the point to ask why I called. She let me spell out my story then summarized her impression as to what I was worried about. She clarified and helped me narrow down my issues. I was given suggestions that were quickly do-able. That took SO much pressure off me!! I felt like I could be in control so quickly. Having an email with the suggestions we discussed and links to the Money Mentors tools gave me list to get to work on. I did some of the online workshops right away, I set up automatic transfers on my bank account to pay off my credit card, and I set a date on the calendar on my phone to transfer the money I will be putting towards the credit card to a TFSA when the final payment date for the card arrives.I needed the help to sort out the problems and get some information on things like a TFSA, budget, setting target dates, etc. I am very grateful and I plan to stay in touch with Stacy for a couple more discussions.

Mark Jensen

1489445955

Great experience

Donna Tucker

1476280061

I have recently completed the OPD program with Money Mentors and it is an amazing feeling. I feel confident that I can manage my finances better and teach my son how to manage his finances so he doesn't end up where I did. Jason and the entire gang at Money Mentors are amazing people, friendly, easy to deal with and very understanding. I would recommend the OPD program for anyone who is struggling with their finances. It is a better alternative than Bankruptcy. I would also recommend Money Mentor's online courses if you are looking for ways to budget, teach your kids about money, learning about credit scores etc.

D Mitchel

1473363559

I met with Delores in person and then a follow up phone conversation. She was very understanding of my situation and at no time was I meant to feel negative about my situation. She gave me some advice and options for my situation that I went home and considered. My follow up phone conversation was helpful in that she answered some additional questions to allow me to try and resolve my situation on my own, with the option of returning to Money Mentors in January to use one of the other options discussed.Thank you to Delores for the understanding and advice.

Craigery Dennis

1471283667

I received some free financial counselling from one of their counsellors. I was a bit nervous talking about my finances, but their counsellor made me feel really comfortable and offered some good advice on my options and how to make the changes that I needed to make. I've also attended some of their free financial seminars and learned a ton from guest speakers who offered practical advice on financial management. I wished I had learned some of these things a lot earlier in life, and to be able to get this information at no cost was amazing!

The front cover of the 2022 Money Mentors Annual Report

Your Financial Health & Well-Being

2022 has marked a significant milestone for Money Mentors as we proudly celebrated our 25th anniversary. For a quarter of a century, our vision to be Albertans’ choice for lifelong learning and enhanced financial well-being has been the guiding principle for everything we do as an organization.

For a more in-depth look at our past year, please read our 2022 Annual Report.