MyMoneyCoach Blog

Student Budgeting 101: Move a set amount to bank account biweekly and live with it Q: Our son is going to university and for the first time will be responsible for managing a lot of money. We have tried to go over a budget we prepared, but he thinks we worry too much;...

Learning the Basics with Back to SchoolQ: Our son is starting at a new school for grade 7 this September, and they’ve emailed us a very long list of specific school supplies to buy. If I buy everything on the list, he’ll have paper and pencils for the next 10 years!...

Avoid Technology's Traps:How to put the need for the latest gadgets into perspective Q: It's really expensive keeping up with technology these days. My kids say that my cellphone and laptop are lame compared with the new smart phones and mini netbooks available today....

How to Maximize your Back-to-School BudgetKids will soon be headed back to school, and for many families this represents one of the year’s largest one time expenses for the kids. Buying new school supplies, backpacks, lunchboxes, shoes, clothing and electronics can...

How to Give When Money's Tight Q: We value the work of charities and believe very strongly in giving to good causes. Our income is down this year and we wonder if you have any suggestions on how we can keep giving even though we have less income? A: Canadians are...

When is the Best Time to Buy a House? Q: Mortgage rates are still low and house prices keep going up. Is now the time to buy? And is it better to buy as big as you can? A: It's best to determine how much house you can afford and if it fits your lifestyle before buying...

Gambling: How to tell if you've gone too farQ: It's fun to go to the casino with friends on occasion, but one friend seems obsessed about winning and is always there. She's not interested in anything else. Does she have a problem? A: Gambling has never been more...