MONEY MENTORS

Money Mentors, in conjunction with other organizations, is promoting Financial Literacy from October 30th to November 30th.
Awareness, Awareness, Awareness - Dolores Ongaro, Personal Money Coach
The secret to success in real estate is location, location, location. For financial success, awareness is key -- whether you are in debt or have significant investments. If you overspend, you need to be aware of where that money is going. By tracking their spending, many of my clients discovered they are spending up to $700 on coffees and fast food. Once you're aware of this, you can make other choices for a portion of that money.
What about investments? Even if your strategy is to hold stocks for the long term, you need to be aware of how your investments are doing. For example, selling Nortel stocks at $55 would have likely hurt a lot less than holding them until they were worth 15 cents. Burying your statements, unopened in a drawer, is never a good idea.
Debt? What's the interest rate on your loans and credit cards? A shocking number of credit card holders have no idea. Call the credit card company; ask about lowering your interest rate.
Once you are aware of your situation, you can make a plan to implement some changes. If you can't do it yourself, seek help from professionals, books, banks and the internet. Money Mentors has a wealth of information at moneymentors.ca
Community Information Sessions are back!
Money Mentors offers free Community Information Sessions on the second Wednesday of the month from 6:30 to 7:30 pm at our offices (in Calgary we are located at 1200 - 59 Ave SE)
November 9th: Tackle Debt
Practical ways to decrease personal debt -- featuring Guest Speaker for Financial Literacy Month
December 14th: Credit Rating IQ
Learn how credit ratings work and why it's important to check yours regularly

For more information on sessions in your area, visit moneymentors.ca
To invite Money Mentors to your conference, wellness fair or tradeshow, please contact our Community Relations Coordinator wcoristine@moneymentors.ca or (403) 234-6198.
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Our Customer Service Representatives are available Monday to Thursday 8am to 8pm, Friday and Saturday 9am to 5pm at 1-888-294-0076.