Nowadays, we are all vulnerable to fraudulent activity occurring within our online banking and the easy access to communicate over the phone or through email.
When the day comes that I can interview another client who has finished paying off their debt through Money Mentors, it sparks another bit of passion for financial literacy inside of me. There are no other stories that are better shared, better related to, or better understood by another Albertan.
When you are looking to pay off debt loads, stretch your hard earned money, and explore all of the potential ways to gain financial success, things can become overwhelming.
Parents make an effort to teach their children everything they can, like how to shoot a basketball, how to stay away from strangers and of course right from wrong. So it’s just as important to teach them about another integral aspect of life – money.
The best way to save money is by taking advantage of all your options. If that means carpooling to work, buying groceries in bulk, or dining out less, then so be it. Your financial success is more important!
What is a Staycation? Well, that's easy! It’s when you stay home and pretend you’re a tourist on vacation in your city or community (and also saves you like, a ton of money).
Looking for information on what refinancing actually means? You came to the right place. We can break it down for you in the best way possible, and we promise to include all of the appropriate education to help you make the best choice for your finances!
Most people want to look great. Whether it comes naturally or it’s socialized is a debate for anthropologists and sociologists. The question we want to deal with is how to achieve great looks for less. And we have some awesome ideas.
It's time to get your financial house in order, and we have some ideas to get you there even faster, and even easier than you thought it would be. Take a peek at our financial to do list and see what's left to tackle on your end.
Money can cause conflict in any relationship. It can be a challenge when two people merge into one household. But, with some planning and communication, conflict can be reduced. Here are some tips on how to merge your money to reduce conflict and make a happy home.
Try a simple strategy that won’t cost you any more per month and allows you to see real progress. We call it Roll Down Your Debts. This method focuses on eliminating one debt at a time rather than trying to pay down your debts all at the same time.
Do you have an emergency fund? Is education for your children important to you? Is flying to Paris a big dream? Have you always wanted a Harley? Are you hoping to retire in comfort some day? There is always a way to reach your financial goals.
Don't get us wrong, saving money can be a difficult task. But if you choose to be creative, there are a lot of simple ways to save more money without sacrificing too much of your lifestyle.
How can you manage your debt? Here are 8 different ways to do so, and do it in a way that works for you based on the dollar amount you owe.
As the holidays approach, we need to start analyzing our spending habits and prepare a budget.
Halloween can unintentionally become a costly holiday. After purchasing your child’s costume, decorations for the front step, a pumpkin, and over 100 candies for the neighborhood kids (as well as a few for yourself) – the price could be steeper than you predicted.
Some of the takeaways and tips we gained from a spending diet on how to better prepare yourself for a lower budget or less spend, made the challenge worthwhile in more ways than one. Here are some of our favorite money-saving tips, or ways to avoid spending money on wants.
After paying off debt, you may need to rebuild your score from the ground up. There are a few ways to start to build and rebuild credit that don’t require very much work other than good financial management.
We were recently featured in the Alberta KidSport newsletter for one of Money Mentors initiatives involving our local communities. We are proud to support all those in need. Check out our other partners and contact us if you would like to connect.
Getting through one weekend without spending money might seem like a joke to you. I mean, you’re probably thinking the following: “What am I supposed to do? Lock my door, turn off my phone, and sit in the dark?”
A little Throwback Thursday today as we reminisce on this year's perfect and fun 4th Annual Stampede Breakfast. Thank you to all those who attended, enjoyed the delicious food, danced to the entertainment, and soaked up the sunny Saturday morning.
I will take my life back for the opportunity to retire early, experience dreams of travel, and save for my child’s education. My financial life will no longer be riding in the backseat, because I have promoted them to driver. Losing control of something that holds so much power in my life was never the intention, but without proper knowledge, I did.
At Money Mentors, we encourage our clients to come forward and talk about their financial situations, both good and bad. Speaking with a counsellor that is unbiased and non-judgmental can be exactly what anyone experiencing the side effects of debt may need.
Since summer 2014, over 65,000 jobs have disappeared from Alberta, “2015 worst year for Alberta job losses since 1982” (Statistics Canada, January 2016). One of the most affected areas in Alberta’s current economic downturn is the Wood Buffalo region specifically, Fort McMurray.
Small spending is in part, reason for all of our large purchases becoming overwhelming. When you give yourself little wiggle room for going over budget on something important, such as groceries, you are leaving yourself at risk for living outside of your means.
Congratulations to the two Money Mentors staff who were celebrated at last evening's Annual General Meeting. Glenn Zandboer for his 10 years of service award, and Laurel Wyton for her 5 years of service award! We thank you both for your dedication and achievement.
As a fast forward society, most people are all for technology and efficiency, but this often makes you wonder, has the increasing adaptation of cashless transactions detached us from our money?
A side hustle is starting a small business on the side of your full time career to make a small amount of extra cash each month. You need one because it’s a great way to make money, enjoy a hobby, and explore your other interests.