MyMoneyCoach Blog

How to Plan for Homeownership During Difficult Times Guest post by Pauline Tonkin The landscape for Canadian homeowners and buyers has shifted over the past few years. More Canadians than ever are motivated to become first time buyers, in part due to the rising costs...

What Teenagers Should Know Before Buying a First Car at 17 by Julie Jaggernath Have a teen who is looking at buying their first car at 17 or 16 years old? A driver’s license is a major milestone for any teenager. It’s no wonder that having a vehicle of their own...

3 Tips to Save Money when Shopping Online by Kevin Sun Out of both convenience and necessity, online shopping – which may or may not save money – exploded over the course of the COVID-19 pandemic. In their 2020 Internet Use Survey, Statistics Canada reports that 9%...

Is a Balance Transfer Promotion with Convenience Cheques Worth It? by Julie Jaggernath Have you ever received some "convenience" cheques from your credit card company, with a balance transfer promotion if you use them to pay off other cards? Maybe you got an offer for...

Does It Make Sense to Accept a Limit Increase for Your Credit Card? by Julie Jaggernath Have you received an offer to raise the limit on your credit card? You know the ones, about how a lender wants to recognize your excellent credit history by giving you access to...

How Do Part-Time Jobs Teach Teens to Budget? by Julie Jaggernath Teaching teens to budget helps improve their money management skills when they grow up. But it’s not something that can be learned in the classroom. Learning money skills requires practice in real life...

Got an Unexpected Windfall? What to Do with the Extra Money by Julie Jaggernath After getting an unexpected windfall like an inheritance, are you wondering what to do with the extra money? Before touching any of it, review your overall financial situation and aim to...

How to Prevent Financial ProblemsOrganize Your Finances by Kelly Gabriel Thinking about how to prevent financial problems might make you wonder where the challenges start. That’s not always easy to figure out because they can arise for a variety of reasons – such as...

9 Practical Steps to Solve Your Financial Problems Without an Ivy League Education by Julie Jaggernath Worried about your debts and trying to decide on the best way to solve your financial problems? Many people start to wonder if they missed something as they went...