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 it comes to financial stress and worry, the first thing to take a hit is our mental well-being. We often worry about our bills, paychecks, and the day-to-day expenses, but what we don’t realize is how quickly these worries can become more.
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.
Ever wondered what your fellow Canadians are doing with their money? We had the same thoughts, which is why we created this infographic telling you where males and females across the country decided to put their savings.
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!
If you’re only able to make minimal credit card payments, are getting irritating collections calls, or are losing sleep over your financial difficulties, it’s time to seek some advice from a credit counselling agency.
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.
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.
Inconsistent or varying income can be a financial roller coaster with exhilarating peaks and daunting valleys. Common income roller coasters include seasonal work, commission sales, bar-tending, waiting tables, self-employment and overtime.
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.
Nothing can take the wind out of your financial sails faster than a relationship breakdown. If you find yourself trying to navigate through these waters, here are a few things to remember.
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 we get closer and closer to December, the stress of shopping, spending, and staying on budget can start to creep in. The holidays can be tough on your budget if you’re not prepared financially.
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.
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.
Alberta is changing. Listen in as we chat with personal finance bloggers Jaymee Sison and Bridget Eastgaard.
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.
Nobody wants a boring summer, and sometimes money can get in the way of that. Try out these tips to avoid breaking your budget.
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.
It can be difficult to tell those you love that you cannot afford to do something, but that difficulty comes with the ideology that talking about money is taboo.
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.