MyMoneyCoach Blog

7 Steps to Saving Money in an Emergency Fund By Debra Pangestu Emergencies and unexpected expenses can strike when you least expect, and it’s for this reason that saving money in an emergency fund is essential to good personal finance. Life is full of peaks and...

5 Common Money Mistakes Couples Make & How to Fix Them Without FightingManaging Marriage Problems By Debra Pangestu Openly discussing financial matters is a touchy subject for many, and it’s no different when it comes to couples and money. Depending on each of our own...

How to Overcome 8 Sources of Financial Problems & Difficulties Protect Yourself from a Financial Crisis or Emergency Financial problems and challenges happen to everyone at some point, and the stress and worry can get to you. However, realizing that there is almost...

How to Stop Spending Money7 Tips and Tricks to Curb Your Overspending By Debra Pangestu Have you ever started off the month with the best of intentions to save money – buying only what you need, steering clear of the sales displays, and trying to watch your spending?...

How to Reduce Debt in Ontario The elevated household debt levels in Canada are causing many Ontarians to wonder how to reduce debt in Ontario. Although there isn’t a universal solution on how to reduce debt quickly, there are multiple tips and techniques you can...

5 Personal Finance Tips Most People Wish They’d Known When They Were Younger by Scott Hannah Q: Our daughter is 15 and has an assignment for school that really got me thinking too. She is supposed to interview at least 3 adults in various life-stages about what they...

“Government Approved” Credit Card Debt Consolidation Programs in CanadaWe’ve noticed that a number of debt relief and debt consolidation companies are advertising that they offer a “government approved” credit card debt consolidation program. We think it’s important...

Are You Making These 6 Big Money Mistakes? Here’s How to Avoid ThemBy Scott Hannah Q: I’m in my early 30’s and have recently ended a relationship after 9 years. My partner and I made some money mistakes as we managed our finances together, so I don’t want to fall into...

Financial Hardship Reasons for Unlocking Locked In RRSPWithdrawal of Pension Funds | Canada Locked-In RRSP Retirement Funds Can Be Unlocked and Withdrawn for Financial Hardship Reasons in Some Provinces If you’re thinking of withdrawing money from your locked-in RRSP...