I have just been told there will be mandatory furloughs at work. What does that actually mean; what is a furlough? An employee furlough is a mandatory suspension from work without pay with the expectation that they will return to work. Usually it occurs when an employer needs to reduce its budget or it doesn’t […]
Experiencing loss of income is devastating
When you have had a loss of income, it can be devastating. You may face some very difficult financial decisions when your paychecks stop coming and you do not have enough money to cover your family’s basic living expenses. Spending habits must change when income is reduced and prioritizing needs vs wants is going to […]
Stretch Your Food Dollar: Strategies to Shop Smart
With uncertainty brought about by the coronavirus pandemic, you may need to make some changes to the way you stretch your food dollar. Job loss and fear of overspending are some of the factors that are impacting our finances. With food being essential, understanding how to make the most of your food dollar can help. […]