Blog

Alice came to the Thunder Bay Counselling (TBC) office distraught, overwhelmed and defeated. She had not been receiving any direct income for some time and was relying on friends and family to help her to pay rent, food and health expenses.

The Financial Empowerment and Problem Solving (FEPS) program provides free, confidential, one-on-one support to individuals living on low incomes to help them build their financial health.

Some people think of a budget as something that puts limits on them. But a budget is really a way to take charge of your finances.

Most financial information and retirement advice available is conceived with middle or higher-income Canadians in mind. When we look at retirement planning from a low-income perspective, however, we can see how mainstream information and advice doesn’t always apply and can actually be harmful to the overall well-being of Canadians approaching retirement age or already retired.