A column by Margaret H. Johnson ACE, RQIC, a thought leader in the field of credit education and money management.
Budgeting
The Credit Trap
Don't get caught
Janice and Larry like to spend money. They also like the things that money can buy; their house is full of all the latest gadgets. They often buy things that are on sale; however, regardless of this, they are constantly short of money.
Taking Care of Your Money
Shopping for a Financial Institution
Your financial institution is a for-profit business that handles money and sells financial products.
If you are in the market for a place to keep your money and are looking for somewhere to develop a financial relationship, I recommend that you examine several types of financial institutions and explore what they have to offer you before making that all-important decision as to who will get your business.
Santa
Santa’s Little Helpers
Budgeting
To me as a credit counsellor, it is clear that when it comes to holiday spending we are most often our own worst enemies.
Some of us for example leave the dreaded shopping trip until the last minute and hope for a combination of adrenalin and inspiration to get us through yet another season.
Kids and Money 101
Teaching your children money management
I volunteer to teach money management to schoolchildren as part of my personal commitment to the youth of today. I start each class by asking, "Where does money come from?"
One grade four student answered emphatically "The machine," so I probe further. "What do you do when the machine runs out of money?"
It
Or is it?
It’s almost that time of year again! Christmas is just around the corner, and it is the time of year when many Canadians will again ask themselves “How am I going to be able to afford Christmas this year?”
How To Get Emergency Cash
How To Get Emergency Cash
Without Breaking the Bank
If you really needed to get your hands on some cash quickly, would you know how?
Here are some ways that you can raise cash in a hurry. It is important to consider the financial cost of your options and determine whether you can afford to make the additional debt payments you may incur because of added borrowing.
Remember, if you are experiencing financial difficulties do not wait. Speak to a professional today!
Margaret H. Johnson ACE. RQIC is president of Solutions Credit Counselling Service Inc. offering 100% confidential and unbiased credit counseling, debt consolidation and credit education services. She can be reached by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it. or call toll-free in Canada - 1.877.588.9491.
If you are a woman in debt, speak with Women and Money first. We specialize in helping women with their personal and business finance. Money management advice you can count on!
