Category: Money Mentors

It’s Valentine’s Day tomorrow, reminding those of us in relationships to take good care of our financial affairs to ensure ongoing relationship satisfaction. Flowers and chocolates may also be appreciated, however studies indicate that finances have a profound effect on relationships. A recent new study had some interesting findings:

A large proportion of relationship satisfaction can be determined by how a …

Tax Free Savings Accounts are ideal savings vehicles for an emergency fund, for car replacement savings, or even for some of your retirement savings.  When you open your TFSA, just remember to comparison shop as you would for any consumer product.  Financial institutions will vary in the amounts they may charge for opening fees, transaction fees, and monthly maintenance fees.  …

If you have just finished paying your Christmas bills, and you have not created a plan yet for a debt-free Christmas 2009, here is a simple suggestion. Get a gift card for your favourite department store and add a routine amount to it every payday. Your holiday shopping this year can be easy and debt-free.
That is just one simple strategy …

Give yourself, or someone you care about, the gift of financial comfort. Through our seminars and our financial coaching, we offer strategies to create a solid financial foundation to reduce stress and increase financial success. Start the new year with a new financial plan. Check this website for our new seminar postings, and register online. Or call us to set …

One of the most appreciated gifts we can give to family and friends is the gift of our time. And it usually costs little or nothing.  One year, when our family was short of cash, we gave our sons the gift of a dozen or so coupons that were homemade out of old cheques. Looking back now, they seem almost …

The students at Centennial High School and Bishop Kidd Junior High School were both pleasantly surprised by Funny Money’s James Cunningham’s highly interactive and informative multimedia presentation.  James treated the students to not-so-traditional school assembly.  James’ presentation started off with cheers and applause as he flashed several money bills into the audience – that sure got …

A great credit score not only allows you obtain credit. It will get you better interest rates as well. And better interest rates on your credit cards, loans, and mortgage will save you thousands of dollars.

Check your scores at the websites of the two major credit bureaus: TransUnion (www.transunion.ca) and Equifax (www.equifax.ca). If you need to improve …

Did you see our Money Mentors staff on the CBC local news this week? In our three segments on the Thrifty Living feature, our Money Mentors team offered some fabulous suggestions. Here is our favorite: 

Stay within your budget the easy way by using “gift cards”. On payday, buy yourself a gift card from your favorite grocery store, gas station, coffee …

Our phones have been ringing off the hook with media requests for comments on the market turmoil. Our website traffic has increased about 40% between August and September. Many people are searching for information about how to handle the current financial crisis on a personal level. Here are some of our suggestions:1. It is time for all of us to …