MyMoneyCoach Blog

Plan Ahead to Avoid the Baby (Budget) Blues By Monika Ritchie A brand-new person is always cause for joy, celebration, and spending. Lots of spending. For first-time parents or care-givers, making a big splash for a little bundle is almost irresistible. While it may...

7 Ways to Save on Your Grocery Bill During the Coronavirus PandemicBy Monika Ritchie More Canadians than ever were already looking for ways to save on grocery bills before the coronavirus pandemic even started. Now, with so many families affected by a loss of...

5 Ways to Go Green and Save Money on Earth DayToday, April 22, is Earth Day. To help promote Earth Day, we thought we would offer some tips on how to go green and save money at the same time. These tips show that going green isn’t just good for the environment, but...

Managing Stress and Your Finances During the COVID-19 Pandemic By Monika Ritchie There’s no doubt that as we weather the coronavirus pandemic, stress has increasingly become a regular part of our lives. As if worries about our own health and the health of our loved...

Your Health and Well-being is More Important Than Your Credit Rating By Julie Jaggernath During this time of wide-spread income uncertainty it can be hard to figure out how to deal with your finances. However, protecting your credit rating shouldn’t come before...

What Does It Mean to Build an Emergency Budget? By Julie Jaggernath An emergency budget is different than emergency savings. When your income is drastically reduced, as is the case for so many Canadians during the Covid-19 crisis, you’re essentially creating a plan...

How to Rebuild Your Credit Rating After Bankruptcy By Julie Jaggernath & Monika Ritchie Are you wondering how to rebuild your credit rating after you’ve been bankrupt? While the thought of using credit again might scare you because you don’t want to end up in debt...

Adult Kids on a Spending Spree? 4 Reasons Why Not to Bail Them Out Financially By Julie Jaggernath We all know that "someone" – a sibling, friend, relative, or colleague – when they run short of cash, a quick call to the bank of Mom and Dad solves their problems. As...

Why You Don’t Want an Income Tax Refund Next Year Q: My friend was all but bragging about how big her income tax refund is this year and all the things she wants to spend the money on. I’ve filed my taxes, and while I won’t have to pay, my refund is just enough for a...