6 Tips to Help You Get Back On Track

Whatever your financial life goals are, it often takes discipline, planning and a lot of hard work to achieve them. You need to know where your hard-earned money is going before you can make the necessary changes to your spending habits. Here are 6 steps to follow to help you get on track.

Help With Your Finances from the Ottawa Government

Here at Creditaid, we believe in giving you the tools that will help you manage your finances.
So when we learned that the Federal government has issued a financial toolkit, we just had to
share the news with you. The Financial Consumer Agency of Canada, the Investor Education
Fund and l’Autorite des marches financiers, teamed up with the government to produce the
toolkit, which aims to help Canadians better understand their daily finances.

The move was sparked bystartling figures, showing that an average household debt of
152 percent of disposable income is pushing many Canadians into the red. An effort to
reinvigorate the economy, through low interest rates, is one of the factors contributing to so
many Canadians suddenly finding themselves in debt. The Bank of Canada, backed by the
finance minister, had also voiced concerns about overspending, leading up to the introduction
of the financial toolkit.

The toolkit itself is available both online and in printed form. Worksheets, quizzes, videos
and questionnaires will help you understand and manage your finances. The skills that you
acquire from using this toolkit will not only help you with your current spending, but will
give you the tools you need to ensure you keep on the right track in your future spending.
This is certainly welcome news in these tough economic times, and we hope you find the
toolkit as useful as we have.

For more info visit – http://www.fcac-acfc.gc.ca/ft-of/home-accueil-eng.html