3 min read

Stop ducking and start 2021 with a plan

By Thomas Rathonyi on Jan 11, 2021 3:48:25 PM

“An ounce of prevention is better than a pound of cure.” So said Benjamin Franklin, who didn’t have to live through 2020 and eat his way through 32 pounds of home-baked bread. But he was on to something. What he suggested was that we should deal with a problem by putting in a bit of time and planning upfront, instead of constantly ducking like we’re living in a real-life game of whack-a-mole.

Topics: Financial Literacy Personal Budget Financial Advice Financial Planning
3 min read

5 Ways to improve your credit score

By Christian Baranowski on Jun 22, 2020 9:31:08 AM

Credit is a staple in our modern world. And many of us have been impacted by the COVID-19 pandemic over recent months. As businesses begin to open up, we thought it would be an appropriate time to discuss some ways to improve your credit score. Gone are the days of buying a home with two bags of flour and a handshake. You need credit to qualify for big-ticket items like cars and homes, and often for smaller items, like mobile phones. Your credit score determines whether financial institutions and other lenders will give you money for such purchases.

Topics: Financial Literacy Personal Credit
5 min read

Learning and becoming involved: How to be an empowered young investor

By Trevor Lagerwerf on Mar 30, 2019 4:12:39 PM

Ben Franklin said, "Tell me and I forget. Teach me and I remember. Involve me and I learn." When I found that quote I realized something: it sums up PenFinancial’s wealth advising nicely, especially for young investors. We offer a personalized education to empower you and help you achieve your dreams.

Topics: Financial Literacy Personal Budget Financial Advice Financial Planning
3 min read

The power of financial literacy: Breaking the cycle of poverty

By Chris Heckley on Nov 29, 2016 1:03:09 AM

Team ENERGI is changing lives. ENERGI stands for “Enterprise Niagara for Employment Resources and ‘Green’ Initiatives” – and a whole lot more. Since 2009, the Team ENERGI program has delivered life skills workshops, employment supports, and hands-on work experience to youth facing barriers to employment in Niagara.

Topics: Financial Literacy Truly Local Articles
4 min read

Never Have I Ever: The financial edition

By Christian Baranowski on Nov 17, 2016 12:42:33 AM

Let’s play a game that you may have seen on Ellen: Never Have I Ever. Raise your hand (and hide behind it if you have to) if any of these apply to you!

Topics: Financial Literacy
5 min read

Hawks, vultures, elephants, oh my: Predatory lenders vs. credit unions

By Christian Baranowski on Jun 1, 2016 12:35:38 AM

It happens to the best of us: poor credit. It isn’t hard to develop. One unpaid $100 mobile phone bill and 4 years later, and your credit history is poor enough to make a banker shut their laptop so fast it blows your hair back. No loans for you. No mortgage.  No line of credit. No further questions.

Topics: Financial Literacy Personal Credit Managing Debt Financial Planning
4 min read

Frankly Scarlett, you should give a damn!

By Catherine Palmer on Mar 9, 2016 5:31:07 PM

The winds in Niagara are blustery this month, and they were really whipping around as I attended the International Women’s Day event. I braved the winds because I was excited to attend this annual event put on by the Women in Niagara council. The event is a great opportunity to empower, educate, and celebrate women. Kind of like I do everyday, but in this venue with a room full of inspiring women.

Topics: Financial Literacy Financial Planning