Six money saving strategies for immigrants and refugees in Canada with Windmill Microlending

Credit to Author: Guest Author| Date: Wed, 24 May 2023 17:40:44 +0000

One of the most important parts of building a prosperous financial future as an immigrant or refugee in Canada is developing strategies for saving your money. As part of our series, The New Canadian’s Financial Pathway to Prosperity, presented by national charity, Windmill Microlending, we have talked about ways new Canadians can save their money […]

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Four strategies for reaching long-term savings goals as a newcomer in Canada

Credit to Author: Guest Author| Date: Wed, 03 May 2023 14:50:16 +0000

For most newcomers to Canada, building your new life in your new country is focused on present-day questions and challenges. What job will I find? Will I find a rental I can afford? How will I pay my bills? It’s difficult to plan for your long-term financial future when you’re so overwhelmed with building your […]

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Your big career move can have a big return on investment: Three tips to help make sure it truly pays off

Credit to Author: Guest Author| Date: Wed, 19 Apr 2023 16:55:01 +0000

Immigrants and refugees to Canada may need financial support on their path to achieving their Canadian dreams. When it comes to their Canadian careers, that financial support can enable them to pursue the accreditation, career development or training they need to land their dream job. But where will this critical financial support come from? How […]

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Interest rates and inflation: How to manage your money as costs soar

Credit to Author: Guest Author| Date: Wed, 12 Apr 2023 17:22:50 +0000

Financially speaking, it’s an interesting time to be an immigrant to Canada. Recent immigrants, in particular, have shown historically strong income growth, according to Statistics Canada, and their earnings often match those of Canadians not long after arriving. However, like many Canadians, you may be experiencing added financial pressures due to higher costs for things like food, gas and housing. […]

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3 ways credit can help you achieve your long-term goals in Canada

Credit to Author: Staff Writer| Date: Tue, 04 Apr 2023 20:43:16 +0000

The New Canadian’s Financial Pathway to Prosperity, is an informative guide presented by Canadian charity, Windmill Microlending, that shares tools and tips to help you build a financial foundation in Canada while setting you up for long-term prosperity. As part of this guide we’ve shared three ways that credit can help you achieve long term goals of […]

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Establish your plan for financial success: Five tips for reaching your savings goals

Credit to Author: Daniela Cohen| Date: Thu, 23 Mar 2023 15:27:01 +0000

Making ends meet as a newcomer to Canada already poses a challenge. Saving for larger financial goals, whether that’s paying for tuition, buying a home or starting a business, may sometimes seem impossible in the short term.

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Establish your plan for financial success: five tips for reaching your financial savings goals

Credit to Author: Daniela Cohen| Date: Thu, 23 Mar 2023 15:27:01 +0000

During her first five years in Canada, working multiple service jobs to earn a living, Andreina Romero almost gave up on her dreams of further education. Finally, with the encouragement of her family, in 2001, she finally applied for college and then university at 25 years old. “I had no funds saved for school whatsoever, […]

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Building your credit history for your financial future 

Credit to Author: Staff Writer| Date: Mon, 20 Mar 2023 19:30:46 +0000

 As a newcomer to Canada, you have probably already heard about the importance of building a credit history in your new country. After all, you’re rebuilding your life and your finances and that means navigating an essential part of the Canadian financial landscape: credit and credit history.. Why is a credit history important for building […]

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The new Canadian’s glossary of key financial terms

Credit to Author: Guest Author| Date: Thu, 09 Feb 2023 13:30:19 +0000

As a newcomer to Canada, you may be working on improving your English (or French) language skills, but you may not have considered all the vocabulary you will encounter when managing your money. Here is a glossary of key financial terms you will want to know in six categories: basic banking; saving for training, accreditation […]

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Four budget and money management strategies for newcomers

Credit to Author: Staff Writer| Date: Wed, 22 Feb 2023 13:00:25 +0000

Taking the time to create a budget can be a step toward a strong financial foundation for your new life in Canada, here are 4 tips to start you on your way.

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