in Money Management

Image courtesy of https://blog.vancity.com/rrsp-and-tfsa-retirement/

At this time of year there are a lot of ads out there about getting a Registered Retirement Savings Plan (RRSP) and it can be confusing. Can you imagine laughing and smiling as you learn more about both these RRSPs – and also about Tax Free Savings Accounts (TFSAs)? The...

A Study on the Impact of the Changes in Payday Loan Regulation in Alberta on Borrowers

in Community Matters, Money Management


Dear Potential Participant: Have you taken a payday loan in the last three years?  If yes, We would like to invite you to participate in a research being conducted by a team from Mount Royal University in collaboration with Momentum. We are interested in talking to you about your experiences...

Money and Marriage

in Money Management

wedding sillouette

We’ve all heard that finances are a major source of stress for couples, in fact, there are many articles and research that says finances are reported to be one of the top 10 reasons people get divorced. But is there really such a thing as financial infidelity? According to entrepreneur...

Extra, Extra, Read All About It!

in Money Management


Momentum’s Financial Literacy Training is now approved for continuing education (Category A) credits for Social Workers! “ACE approval shows that your organization has met rigorous standards and demonstrates the ability to offer high-quality continuing education activities to social workers.” – ACE provider Yes, it’s true! We are excited to be...

Re: Payday lenders down 25% under new law (Calgary Herald)

in Get Involved, Money Management

3D Shackled Loans. Image by ccPixs.com. Used under Creative Commons License https://creativecommons.org/licenses/by/2.0/legalcode

There is no doubt that new rules have significantly changed the payday loan industry in Alberta. The changes have increased the importance of alternative options for short-term credit, such as products now offered by ATB and First Calgary Financial. However, it is incorrect to assume that the supply of credit...

MoneyFit Challenge

in Money Management

MoneyFit Challenge

Do you want to learn more about financial topics like budgeting and saving, and be entered to win money for doing so? How does $30,000 in prizes sound? The MoneyFit Challenge is a new tool to improve your financial well-being, sponsored in part by the Financial Consumer Agency of Canada...

It’s Education Savings Week!

in Money Management

This week, November 19-25, marks the fourth annual Education Savings Week in Canada. We celebrate this week to raise awareness about the importance of education savings for our children. To kick things off, Mayor Nenshi has signed a proclamation declaring this week to be “Education Savings Week.” Our city recognizes...

The Basics of Using Credit

in Money Management

Image by Nick Youngson http://nyphotographic.com/ used under License Creative Commons 3. No changes.

Amber Cannon is a Momentum volunteer and participant. Here she shares what she discovered about credit. Who, really, wants to talk about, let alone think about their credit? Certainly not I. But in today’s society, credit is a must have. On this session of my Savings Circles program I learned...