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
The birds are singing and the snow is drip-drip-dripping. Spring is coming. With new seasons also come new costs. When we look at budgeting, we mainly look at monthly expenses and ways to manage those expenses. But there are also seasonal expenses as well. Some may be switching from winter
The United Way of Bruce Grey is proud to welcome Sharon Safra to our team. Sharon will be taking over as our Financial Literacy Coordinator from Caroline Araujo Abbotts who will be leaving shortly on maternity leave. Sharon is a kind, caring and compassionate person who brings with her abundant
Teaching your kids about Budgeting using Halloween Candy Do you remember the thrill and excitement of dumping out your candy on your floor after a night of running around the neighbourhood? I loved sorting the candy and deciding which candies to eat immediately and which to save for later. Would
The Canada Recovery Benefit (CRB) will expire on October 23rd and will be replaced by a new targeted benefit known as the Canada Worker Lockdown Benefit that will run until May 7, 2022 (retroactive to October 24, 2021).The “Lockdown Benefit” will be for those whose work is directly impacted by
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
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
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
Have you heard about the Guaranteed Income Supplement (GIS)? The GIS is a federal monthly payment which is based on income and is available to low-income Old Age Security pensioners. It is not taxable. You may qualify if… You are a senior 65 years or older. You receive the Old
