Categories: Debt

Three habits that may be keeping you in debt and one that can change everything

Posted on: May 6, 2015

By Kathryn Mandelcorn, FMA Have you ever dreamed about what you’d do if you won the lottery? It can be fun to imagine sudden wealth and all its possibilities. Many people preface their plans with; first I’d pay off all my … Continue reading →

Posted in Debt


Success Story: Robin and James – from knowledge to action

Posted on: April 22, 2015

Note: The couple’s names have been changed for privacy. Robin and James were young professionals in their 30’s when they contacted Money Coach Kathryn Mandelcorn. They were frustrated because they made a combined income over $150,000 but they had $45,000 … Continue reading →

Posted in Budgeting and Cash Flow, Debt, Money Coaching, Success Stories


Do you have a debt free date?

Posted on: May 7, 2014

Credit is seductive. Credit card companies spend millions of dollars to convince you to borrow their money. They have catchy slogans like: It’s everywhere you want to be. (Visa) There are some things money can’t buy. For everything else there’s … Continue reading →

Posted in Debt


Success Story: Frank and Alison – finding a way forward and rebuilding trust

Posted on: March 25, 2014

(The following story is used by permission and the clients names have been changed for privacy) In 2012 Frank and Alison had a combined income of $175,000 yet found themselves arguing about the purchase of raspberries. When they realized financial … Continue reading →

Posted in Debt, Money Coaching, Relationship to money, Success Stories


How a savings account keeps you out of debt

Posted on: June 11, 2013

Sometimes the simplest solutions are the best This month at Money Coaches Canada we’ve been discussing why sticking to a budget is so hard to do, and how using our On Track Money Management system will keep you engaged and … Continue reading →

Posted in Budgeting and Cash Flow, Debt, Relationship to money


The best retirement plan is to be debt free

Posted on: May 21, 2013

Continuing on with our theme of tackling debt this month, tune in to this podcast by two of our favourite personal financial educators – Jim Yih of retirehappy.ca, and Rob Carrick of the Globe and Mail. Jim has written a … Continue reading →

Posted in Debt


Debt: the good, the bad and the ugly

Posted on: April 29, 2013

The less debt you have the better. That being said, you will hear people talking about good debt versus bad debt. Put simply: Good debt Used to purchase an asset, like a house or investments. Ideally these are appreciating assets, … Continue reading →

Posted in Budgeting and Cash Flow, Debt, Relationship to money


Being a financial advice hero

Posted on: March 13, 2013

By Noel D`Souza, P.Eng Toronto ComiCon ran this past weekend in the Big Smoke. As always, it drew thousands of fans of fantasy literature, comics, television and movies, who descended on the event with unrivalled excitement and passion. Many attendees … Continue reading →

Posted in Book Reviews, Debt, Investing, Money Coaching, Relationship to money


Get UNSTUCK at our next Money Mondays – Feb 25th

Posted on: February 19, 2013

MONEY MONDAYS Save the Last Monday of the Month for Money Join your local Money Coach on the last Monday of each month for an informal, lively discussion about money – how it works, how to manage it and how … Continue reading →

Posted in Budgeting and Cash Flow, Debt, Investing, Relationship to money


UNSTUCK: How to get out of your money rut and start living the life you want

Posted on: December 12, 2012

A REAL NEW YEAR’S GIFT At this time of year, no matter how much we try not to….it’s hard not to get caught up in holiday madness. December is a time where merchants and retailers are vying for your nickel. … Continue reading →

Posted in Book Reviews, Budgeting and Cash Flow, Debt, Money Coaching