Category Archives: Budgetting and Cash Flow

How a Savings Account Keeps You Out of Debt

Sometimes the simplest solutions are the best This month at Money Coaches Canada we’ve been discussing why sticking to a budget is so hard to do, and how using our On Track Money Management system will keep you engaged and … Continue reading

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Ask Your Money Coach

Do you ever feel like you and your partner are just on different tracks when it comes to money? Read below in our new ‘Ask Your Money Coach’ column and find out how to manage different money styles. Ask Your … Continue reading

Posted in Budgetting and Cash Flow, Relationship to money

On Track Money Management System

Our On Track Money Management System is designed to help you do two things: a) stay on track with monthly and annual expenses; and b) save for your goals. The system goes back to the old days of putting money … Continue reading

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Debt: The Good, the Bad and the Ugly

The less debt you have the better. That being said, you will hear people talking about good debt versus bad debt. Put simply: Good debt Used to purchase an asset, like a house or investments. Ideally these are appreciating assets, … Continue reading

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Tax Preparation vs. Tax Planning – Which Do You Do?

Last month, I invited my clients, Facebook and Twitter followers, friends, family, and other contacts to participate in Money Coaches Canada’s Money Monday event “Tips to Minimize Your Tax Bill”. The response was very positive.  Most people HATE paying tax … Continue reading

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10 Tips to Minimize Your Tax Bill

Adapted from “Top Tips You Should Know About Your Taxes” from the CRA Newsroom and a March 5/13 article in advisor.ca titled “9 Tips From the CRA” The Canada Revenue Agency (CRA) has offered a timely list of tax tips, … Continue reading

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5 Top Money Tips to Get UNSTUCK

1. Know What you Want Create a vision and set authentic goals. Well-defined, clearly articulated goals are easier to achieve. Focusing on your top three priority goals will simplify your life. 2. Know your Financial Reality You will be more … Continue reading

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Get UNSTUCK at our next Money Mondays – Feb 25th

MONEY MONDAYS Save the Last Monday of the Month for Money Join your local Money Coach on the last Monday of each month for an informal, lively discussion about money – how it works, how to manage it and how … Continue reading

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RSP or TFSA – Which One Should you Choose?

UNSTUCK – How to Get out of Your Money Rut and Start Living the Life you Want by Karin Mizgala and Sheila Walkington (Excerpt from: Chapter 11 – Don’t Give Up on Retirement Yet) It’s true that a lot of … Continue reading

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The Power Behind the Plan

UNSTUCK – How to Get out of Your Money Rut and Start Living the Life you Want by Karin Mizgala and Sheila Walkington (Excerpt from: Chapter 6 – Getting What you Really Want) Dreams and goals have power. When you … Continue reading

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