A Money Coach in Canada

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It’s not precisely economics, but the news of the day is pretty interesting:  a Facebook group takes on HSBC

So apparently HSBC offered graduate students in the UK interest-free lines of credit … then changed their policy, after the students used the loc’s.   Whamo – a bunch of grad students are feeling the pain.  Students + feeling ripped off + Facebook = pr nightmare for HSBC.

3600 students have joined the anti-HSBC group and it’s growing by the hour.
An live protest event is being organized via facebook on Sept. 8th.

This is the first clear story I’ve heard about social networking via FaceBook resulting in challenging a company.

About the Author

Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

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