Have your finances been affected by Covid-19 and the current Stay-At-Home Order / State of Emergency? Lost your job or had your hours drastically cut back? You may qualify for assistance. Covid-19 Financial Supports: In preparation for the current shut-down, here is information about the COVID-19 financial supports: Employment Insurance
Tag Archives: money matters
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
What are the 10 most important terms to understand about insurance.(Part 1 of 4). Many people have insurance policies and many people who should have them don’t. Some people have too much coverage and some have the wrong coverage. Many people don’t understand the “language” of insurance companies and that
#FinancialFridays: Credit – it can help build your dreams and it can come down like a hammer. Learn more here.
Credit is like a hammer; it can help build our dreams or it can leave us in ruins – it’s all in how we use it. What a wonderful feeling to have that envelope at the door shouting “Congratulations, you’ve been approved for a $10,000.00 loan!”. We all love to
#FinancialFridays: Are you 65 years or older? You may qualify for the Canada Guaranteed Income Supplement.
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
Our finances are closely linked to our health, including our mental health. When we are confident about our financial situation and have enough to cover our basic needs with extra at the end of the month, we may be able to feel secure and plan for the future. The opposite
#FinancialFridays: A recent survey shows that 1 in 4 Canadians say that they can’t afford the holidays this year.
For many, planning for the holidays this year is proving to be a stressful experience. Worries related to the Covid-19 pandemic along with financial concerns and the inability to celebrate as we typically do, is creating anxiety for lots of individuals this Christmas season. Recently, a survey by Credit Canada
#FinancialFridays: Receive the Guaranteed Income Supplement, Allowance or Survivor Benefit? Service Canada has an important reminder for you.
Do you receive the Guaranteed Income Supplement, Allowance or Allowance for the Survivor Benefit? If so, Employment and Social Development Canada and Service Canada has an important reminder for you. During the week of October 5, 2020, Service Canada sent reminder letters and Statement of Income forms to clients in
#FinancialFridays: Financially affected by the Covid-19 pandemic? You may qualify for assistance. Learn more here.
Canada Emergency Response Benefit (CERB) – ends when you’ve received 28 weeks of benefits or on October 3, 2020, whichever comes first. For those who applied through the Canada Revenue Agency, the last four-week period for the CERB was August 30, 2020 through Septemer 26, 2020. However, you can still
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