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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 Centre for Addiction and Mental Health’s (CAMH), Social Determinants of Health Service recently launched a financial literacy program called Money Wi$e, an initiative that addresses the financial literacy needs of the hospital’s clients. Funded by a TD Financial Literacy Grant Fund grant, the Money Wi$e program empowers clients on their road to recovery by equipping social workers, therapists and other clinicians with what they need to become financial literacy trainers using a train-the-trainer model.

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.

During the holiday season, it is easy to let your spending go overboard since there is more pressure to spend money. However, it is possible to get into the holiday spirit without getting into debt. We have six tips for smart holiday shopping to keep your spending on track.