Money Tools

Which is the best credit card for me? How do I find the best mortgage rates? What is the best way to protect myself from credit fraud? Canadians can now find answers to these questions on a website created by the Financial Consumer Agency of Canada. It features great tools such as mortgage calculators, tip sheets and resource links. It’s a great resource for Canadians to learn about financial products and services offered in the marketplace.

Our very own, Brian Denysuik, President & CEO of Creditaid, visited The Financial Consumer Agency of Canada last week in Ottawa and met with Jane Rooney, Director, and Roger Dowdall, Team Leader, Consumer Education, Financial Literacy and Consumer Education. They have developed some excellent material to help inform us of so many different things when it comes to finances. If you want to see some of these tools click here.

Managing Our Monthly Spending

For some of us, we live paycheque to paycheque and sometimes don’t understand where our money goes. Having a budget is the best way to manage our monthly spending. It helps keep track of expenses and squeeze the most out of our income. Budgeting is an important component of our lives and it helps us in the long run as well plan for our future.

Headlines continuously remind us of the financial struggles in our economy, therefore it is important to keep in mind any financial concerns we have, and deal with it before it gets us too far down the drain. It is important to take time to sit down and understand where we are with our expenses as well as the state of our finances.

Over the next few days we will be providing some tips on how to create and manage a monthly spending plan to organize your finances.