“Pay yourself first.” This is a mantra that is used to help personal finances.What does it mean? This means putting money away for emergencies. Pick an amount – any amount – and put it in a separate account every month. Make this non-negotiable. You can put it in a regular
Category Archives: Financial Literacy
#FinancialFridays: School may be out for the summer, but now is a great time to think about your child’s post secondary education.
School may be out for the summer but it’s also a great time to start saving for your child’s education. Over the next three weeks we are going to talk about government programs and strategies for saving for your child’s post-secondary education including: trade schools, colleges, universities, and other institutions
Would you like to save for your child’s education but struggle to find space on a tight budget? The Canada Learning Bond can help. Many people have heard of the matching program, the Canada Education Savings Grant, but are not aware of the Canada Learning Bond. This program does not
If you have debt and collection agencies are calling constantly, its hard not experience anxiety and stress. Choosing to ignore debt may seem like the right thing to do at the time but left unchecked, your debt could grow and you may experience negative effects on your mental and physical
Did you know…… you can make income tax payments in installments!? If you owe taxes to the government, the Canada Revenue Agency (CRA) will work with you to make a payment plan that works for you. Because of the financial hardships people are dealing with because of COVID-19, the CRA
During the lockdown, we are spending more time together than if the kids were at school throughout the week. Children are sponges and are learning from watching us. One of the things we are teaching them, purposely or accidentally, is our own beliefs about finances and our personal habits with
It’s that time of year when many anticipate the arrival of their tax return? Are you receiving funds this year? If so, why not pause and consider the best use of your money. After all, the funds you will be receiving are not part of your monthly income, so they
Are you feeling like debt is weighing you down? Unable to pay the debts you owe? Struggling and not sure where to turn? The latest MNP Consumer Debt Index found that as much as 53% of Canadians were $200 or less away from not being able to pay their monthly
What is a nest egg you ask? A nest egg is a sum of money that has been saved for a specific purpose. This savings is generally designated for longer-term goals. This is a good time to think about your goals and what it will take to reach them. Before
#FinancialFridays: Free Income Tax Filing Services are available to those who meet income guidelines. Learn more here.
Free Income Tax Filing Services Still Operating Under COVID-19 Conditions in Bruce and Grey Counties. This year, under COVID-19 conditions, the Community Volunteer Income Tax Program (CVITP) is changing how it provides free services. Most local organizations in Grey Bruce will be offering drop-off/pickup, virtual or phone services. Across both