Women and Money Inc presents our blog series “How to save money on…” to help you fine tune your budget and achieve your financial goals! Here is part 1: How to Save Money on Groceries – The 10 Best Ways to Save Money on Groceries Groceries are one of those household expenses which can be…
For anyone who has dreamed of owning their own business, we are beginning an exciting new series on our blog to help you achieve your dream! Read our “Women Entrepreneur Tips” articles starting with The 5 Step Plan for Getting Started as an Entrepreneur, and more to come.
Mother’s Day is the sacred day of the year when we remember to honor our mothers, for all that they do for us and how much they mean to us.
Did you know there are 61 Banks operating in Canada? Banking is one of those life skills that nobody ever teaches you, and you’re left to sort through the barrage of banking propaganda and figure it out on your own, though most of us never really do. Of course it’s in our best financial interest…
Having and raising children: Are we asking the wrong questions? Many couples that I work with on a daily basis say things such as “When we have children…” or “We want to have kids.” I rarely, if ever, meet a couple who actually question whether they have the temperament, lifestyle, or arguably the most important…
Easter is coming, are you ready? If your family celebrates the holiday with a big dinner, Easter baskets full of treats and gifts, Easter egg hunts, decorations and more, you may be surprised at how much the holiday costs you. Did you budget for Easter?
Getting Credit When You’re Retired If you’re retired or over the age of 55, and wondering if you can apply for new credit, you certainly can! But first, make sure to read our tips and advice on getting credit in retirement and do your due diligence first.
By Margaret H Johnson Wow this has been a colourful year already with so much public attention being given to personal finance and household debt. This week alone there have been articles about retirement incomes, seniors and lotteries, the rising costs of cell phones, and Statistics Canada’s annual report on household expenditures. In other words…
By Margaret H Johnson Don’t worry folks. This is not an essay on economics. It’s a cry for help for seniors. A recent Vancouver Sun article about how the majority of Canadians need CPP or a lottery win for retirement reminded me about how desperate the financial struggle of the elderly really is.
There is a little more to budgeting than good financial advice. You need to have the money. The recent Conference Board of Canada report suggests that Canada’s social fabric is being torn by rising income inequality and stagnant child poverty rates. It appears that our child poverty rate is up 20% since the mid 1990s….
By Margaret H Johnson T’is the season to be… uh, um, jolly…. worried, maybe even frightened? At the end of February, we are pressured to make some important financial decisions. One of the first is: “Do we pay down our debt or save on our taxes?”
It’s interesting to see an article this week about women still being marginalized in Canadian boardrooms on the eve of the International Women’s Day March 8th celebrations that acknowledge the social, political and economic achievements made by women. Their theme this year: Inspiring Change.
By Margaret H Johnson The old joke about the sure things in life used to refer to death and taxes. I think we need to add consumer debt to this list. Certainly if one considers the irrefutable fact that Canadians have borrowed more and more money, each and every year – from $20 billion in…
By Margaret H. Johnson Last week I tried to talk about the various experts involved in debt collection and credit counselling. You know what? I forgot all about credit reporting agencies, otherwise known as Credit Bureaus.
By Margaret H. Johnson It is with a heavy heart that I read in the Vancouver Sun today about a financial adviser who targeted as many as 484 investors, many of them seniors, in an investment scheme alleged by the BC Securities Commission to have been premised on fraud and misrepresentations.
By Margaret H. Johnson This is going to be a very interesting year, indeed. Only ten days in and we see a story about debt. That’s different. The story ran in the Globe and Mail about Canada’s excessive debt and how that has made the rest of the world wary about our dollar, our plunging…
By Margaret H Johnson If you are like me, you grew up knowing that hobbies are activities that you do that can bring fulfillment, joy, inspiration, and a sense of pride. Whether that hobby is playing sports, reading, learning an instrument, running, volunteering with animals, crocheting – whatever it is – hobbies bring out the…
By Margaret H. Johnson I have worried for the longest time about credit ratings. There are many good reasons for my fears. To begin with credit ratings are based solely on mathematics – the days in arrears. You are judged in a moral way by being labeled with a good or bad rating. The reason…
By Margaret H. Johnson Yesterday the boiling hot news of the day was a 25% interest bearing car loan to a BC couple. The story involved the TD bank and a family that had gone bankrupt recently. It raises a number of troublesome questions.
By Margaret H. Johnson Even though you may be feeling that it’s ‘too late’ to start saving for Christmas now, what are your other options? If you answered ‘credit cards,’ you aren’t alone. It’s easy for the majority of Canadians to fall into the debt trap, but do you really want to start the new…
