Financial Wellness of our Seniors

As published in the December 2016 issue of Balance, a Manitoba Teachers’ Society publication.

By 2021, 22.8% of Canadians will be 65 years of age and older. Do we feel prepared as children and grand-children to help guide and protect them and their finances through their later years of life?

Senior woman meeting with agentThrough the busyness of our own lives, we need to keep in mind that managing finances will become increasingly difficult for our parents and grandparents as they age. When a person ages they can easily lose sight of how to handle money, and even a financially astute person can quickly move to a state of being unable to cope with their finances. If this isn’t recognized it can be very stressful and costly for the elder.

Continue reading “Financial Wellness of our Seniors”

Talking Financial Wellness at R.D. Parker Collegiate

Thompson-Mb-Balance-Wellness-Feb-10-2016

Wednesday, February 10, 2016, marked another great day of professional development, this time with the staff from R.D. Parker Collegiate in Thompson, Manitoba. Our Balance Wellness Team is having a lot of fun meeting some great teachers across the province.

We were welcomed with open arms by Principal Rod Fisher and his staff. Keith Macpherson, Carla D’Andreamatteo, and Creditaid’s President Brian Denysuik, are really enjoying the opportunity to deliver some great programs. Creditaid’s Financial Wellness piece generated lots of interesting conversation.

Thank you Manitoba Teachers’ Society for having Creditaid as part of the Balance Wellness Program.

Creditaid is Going Back to School!

Balance Wellness program logoCreditaid is delighted to be part of a new wellness program offered to the members of the Manitoba Teachers’ Society. The program, coined Balance, is in its’ first year and Creditaid is very excited to be covering the Financial Literacy piece.

Financial wellbeing impacts one’s overall health, and can affect relationships with family, friends and co-workers. More employers are beginning to realize that being under financial stress can significantly impact the quality of an employee’s daily work. We were happy to be selected by the Manitoba Teachers’ Society as responsible for the Financial Literacy portion of their wellness program.

The Financial Literacy workshops and resources provide information to help individuals deal with financial stress and limit the effects it may have on their life. Topics include but are not limited to:

• Identity Theft
• Dealing with Financial Stress
• Budgeting Made Easy
• Talking Money with Your Kids

We have been helping Manitobans be debt free since 1992 and with programs like these, we can help even more. These valued individuals are teaching our children, and we trust that the more knowledge they have, the more they will pass along.