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In a previous blog post I reflected on some of the financial difficulties faced by young people from care. I also talked about the importance of financially empowering youth from care, given that we’re required to be completely financially independent after 18 years of age.

It’s that time of the year again. Now that the cold weather is behind us, there’s a lot to look forward to! The sun is shining, school is ending and spirits are high. Want to make the most of your summer? Proceed with caution. The last thing you want to do is get carried away with ambitious summer activities and wind up in a tight financial spot.

Before Ava Williams signed up for the MPower Money Coaching program, she was struggling to pay off her OSAP and bank loans, finding it hard to stick to a budget and was worried about saving for the future. When she found out that Toronto Employment and Social Services was offering a new program providing free financial coaching support to help people on low incomes achieve financial goals, she jumped at the opportunity to improve her finances.

The New Year is right around the corner. Have you made any New Year's resolutions yet? If you're looking for ideas, you may want to resolve to save more money in 2016. Saving demonstrates good financial management, especially if you're saving towards a goal like, an emergency savings fund, a car, education, or a family vacation.