A Money Coach in Canada

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Did your parents set you up with a savings account and ensure a portion of whatever money you received went into that account?

Did they ask you about your kid-sized goals (wishes) and let you know how much you’d need to save up for it, and encourage you in it?

Are you doing the same for your own children?

I cannot emphasize enough how being someone with savings changes you.  And ripples out positively into all aspects of your financial life.

In debt?  Be someone with savings, who saves.

Doing just fine? Be someone with savings, who saves.

Having a rough time financially? Be someone with savings, who saves.

Unemployed? Be someone with savings, who saves.

Have savings but keep plundering it?  Keep saving anyway until one day it clicks and works as you intended.

On a fixed income?  Be someone with savings, who saves.

Single mom?  Be someone with savings, who saves.

And make sure your kids know you are someone with savings, who saves.

Here’s why:

  • Having savings and being a saver assures you deep down there may be times of real struggle but you are never truly broke.
  • Having savings and being a saver embodies the truth that while you may owe others, you are never owned by them.
  • Having savings and being a saver is a freedom gesture from all the messaging intended to lure you into buying stuff.
  • Having savings and being a saver has a mysterious way of multiplying itself.
  • And in addition to that, from time to time it may save your ass.
  • More likely, it will allow you to achieve a financial goal that means something to you.

If you are ready to become a saver, and want some additional strategies and support, my $64 online program will help.  In fact, I’m going to be a bit aggressive and say if you are earning over $30K with no dependants, or over $50K with dependants, yet are not saving anything (living paycheque to paycheque) you *need* to check out my program.

If you’re Canadian, and choose to save with ING (which I recommend) quote this “orange key” 14641937S1 and if you contribute $100 we’ll each get $13 as a bonus.

update: for a recap of all Sept Money 101 posts, click here

Photo Credit: Letterror

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

2 Comments

  1. Hi Nanc,
    This is such good advice. Whatever your circumstances, saving money is A.Good.Thing. One more tip….Set up a holiday account and put a little aside from each paycheck so you and family can take a proper holiday once a year. Doesn’t need to be exotic, maybe a couple of weekends away if a week is not practical for you. Many people – especially business owners – struggle to take holidays but we all need a break. Having the money put aside specifically for the holiday, is a real help to making it happen.
    Kate Groom´s last [type] ..Measuring Marketing Effectiveness

    [Reply]

    Nancy (aka Moneycoach) Reply:

    Hear Hear, Kate! Big UPs to a fully funded holiday.

    [Reply]

    Sep 18, 2011

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