What IF…You OWE Income Tax? While the majority of the population can expect a return from income tax filing; every individual or family’s tax circumstances are unique. To find out if you will have a refund or owe taxes, it is important to file all your outstanding tax returns. Getting
BEWARE! There is a new way to pay for small purchases… and you should avoid it. More retailers are offering the choice of paying by installments, even for small purchases like cosmetics and clothes. Christmas is a big opportunity for stores to promote the buy now, pay later system. These
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
Our Financial Literacy Program relaunched in June 2020 and this week marked the 250th person accessing the program. 62% of those who accessed the program completed a budget with our Financial Literacy Program Coordinator. A budget is an important tool for understanding your current financial situation and making a plan
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
Credit and debt are financial tools. Like any tool, what matters is how, when, and why we use it. It is important to be conscious of our habits and behaviours when we consider using credit and taking on debt. This week we are going to talk about the role debt
Going to college or university this fall? Attending post-secondary school can be a daunting experience when it comes to balancing expenses associated with school and living away from home. Add in a global pandemic and heading back to school can be even more stressful. The Financial Consumer Agency of Canada
Has debt got you down? If so, you’re not alone. Right now in Canada, the debt crisis is skyrocketing with Canadians owing nearly $2 trillion! Debt can cause a huge amount of stress that ultimately can affect one’s physical and mental health, relationships with family and friends, job performance and
by: Caroline Araujo Abbotts, Financial Literacy Program Coordinator, United Way of Bruce Grey It is a time of heightened concern and fear. I am nervous about walking down the street and a virus too small to see that may be anywhere. I am worried about the safety of my family’s
The Covid-19 pandemic has impacted us all but for those who were already struggling or have lost their job, these are very tough times indeed.In addition to our Utility Assistance Program which provides help for heating and electricity costs for low income households, there are other programs available as well.
