Money Mentors
*Please note that Habitat is not affiliated with Money Mentors. Feel free to search and select any provider and resources online of your choice.
Money Mentors is a non-profit organization that provides credit counseling, debt consolidation, and financial education. They offer free financial education courses, teach useful financial habits, and encourage improved money management skills. One important offering from Money Mentors is the Orderly Payment of Debts program, where you can meet with a credit counsellor for free to discuss your current circumstances. This unbiased, accredited counsellor helps navigate your current financial situation, crafting a personalized financial strategy to consolidate your debt into a single, manageable payment plan. Throughout the program, you're backed by unwavering support from your counselor and have access to free financial education courses. Five financial education courses that homeowners can benefit from are: 1) Break the Cycle, 2) Balancing on Unstable Income, 3) Camp, 4) Credit Cross-Training, and 5) Fraud Detection and Prevention. They also have a popular Money Tips Blog where you can find articles on everything from 12 Great ways to Invest in Yourself to How to Pay Off Credit Card Debt.
For more information about money mentors, you can visit: https://moneymentors.ca
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Momentum
*Please note that Habitat is not affiliated with Momentum. Feel free to search and select any provider and resources online of your choice.
Momentum is a change-making organization that combines social and economic strategies to reduce poverty. The Momentum Money Management program helps you manage your money and manage your life; you learn about budgeting, assets, credit, banking, and consumerism. The content in these workshops is focused on providing the knowledge and resources to help you develop a sustainable livelihood. Momentum offers both online and in-person sessions. Momentum’s Financial Literacy curriculum focuses on providing people with the knowledge and resources they need to develop a sustainable livelihood. Participants who attend the first five workshops listed will receive a certificate of completion in Money Management.
Financial Literacy courses that are available include:
- Budgeting: Control Your Money
- Understand the differences between needs and wants and how it affects your spending habits.
- Learn to track your expense and put together a budget.
- Banking: Be a Smart Bank Customer
- Learn about different places where you can bank and how to select the right account for you.
- Learn about the different types of financial products and services available and how to use them safely and efficiently.
- Assets: Build your Future
- Discover all the valuable qualities and things you have in life.
- Learn how to use all your different types of assets to overcome the challenges you face.
- Credit: Take Charge of It!
- Learn about the different types of credit products and how to you use them wisely.
- Learn about ways to pay down your debt and where you can turn to for help.
- Consumerism: Decide for Yourself
- Become more aware of the impact consumerism and advertising have on your spending.
- Learn about alternatives to consumerism by focusing on what’s most important to you.
- StartSmart: Free Money for your Kids’ Education
- Learn how to open a Registered Education Savings Plan (RESP) for your kids.
- Learn how to get government money for your children’s future education.
Each workshop is 2 hours in length, except for StartSmart, which is 1 hour long. To book a workshop please contact Robert Bryenton at robertb@momentum.org or visit: https://momentum.org/.