Shaming people about money is all the rage these days

by Eloise Duncan | Nov 28, 2018 | Financial Health, Financial Resilience, Financial Wellness

One of the saddest stories I’ve ever seen about indebtedness has been making the rounds on social media lately. It’s about a U.S. couple who make a combined US$160,000 per year, yet owe so much to so many that they can’t really keep track. This couple’s apparent...

Money Shame and Personalities

by Eloise Duncan | Nov 13, 2018 | Financial Health, Financial Resilience, Financial Wellness

Ashamed of the way you are about money? Old financial ‘scripts’ could be to blame Early money messages may be responsible for some of the self-defeating things we do – or don’t do – with our money. It’s the dirty little secret that keeps so many people awake at night...

If households are this financially stressed now, how much misery is coming as rates rise?

by Eloise Duncan | Oct 10, 2018 | Financial Health, Financial Resilience, Financial Wellness, Women Financial Health

Two weeks ahead of what will likely be the next leg up for interest rates comes a warning of how much stress households already feel about money. Updating its Financial Health Index for 2018, a firm called Seymour Consulting concludes that money-related stress is...

The Path to Wellness

by Eloise Duncan | Mar 16, 2018 | Financial Health, Financial Resilience, Financial Wellness

There are many factors affecting employee wellness and financial stress is one of them. However, there are also many things a credit union can do to help staff cope with life’s challenges. By Alexandra Samur Employees across industries report being more stressed than...

REPORT: B.C. women are financially stressed, stretched and under-resourced

by Eloise Duncan | Mar 7, 2018 | Financial Health, Financial Resilience, Financial Wellness, Vancity, Women Financial Health

March 7, 2018, Coast Salish Territory/Vancouver, B.C. – B.C. women worry more than B.C. men about their finances, with 52% experiencing “extreme emotional stress” and 59% feeling unsatisfied with their financial situation, according to a new Vancity...

Canada has a strong foundation for financial happiness. So why is the mood so dark?

by Eloise Duncan | Dec 12, 2017 | Financial Health, Financial Resilience, Financial Wellness

There’s lots to celebrate in Canada from a financial point of view as we head into the final weeks of 2017. Unemployment is down, wages are up, stocks are chugging along and houses have held the value they’ve built up in the past decade. We have a strong...