Thrifty Tuesdays helps you save money!
When you are ready to think about your retirement, there are several things you should be aware of. Join us for a presentation by the Credit Counselling Society to learn about ways to increase your cash flow and reduce expenses while living on a reduced income to avoid relying on lines of credit to help you get by.
You might also want to register for the Retiring Without Debt program (April 4) to help you settle your financial matters before a drop in your income reduces when you decide to retire.
Gain skills you probably didn't learn in school, but will use for the rest of your life! This workshop is perfect for anyone who is currently working and wondering if they will be able to live when their cash flow decreases.
From the presenter
Living on a retirement income is challenging for obvious reasons – income is fixed but the cost of living continues to increase year after year. Furthermore, if we’re living on a retirement income, our ability and capacity to earn may be limited and we may be supplementing our living expenses with credit. And in some situations, we may also be helping and supporting a family member or a friend. This situation can create a downward spiral of financial stress and anxiety.
However, there’s hope! In the Living on a Retirement Income workshop, you will learn how to:
- Identify the challenges of living on a retirement income;
- Take stock of your unique financial situation (your income, assets, liabilities, debts, and monthly expenses);
- Identify ways to increase your income;
- Identify ways to decrease your expenses;
- Identify ways to save money on the following:
- Utilities and,
- Recognize if friends and/or family are costing you money;
- Find ways to save money;
- Look at your options for talking to a professional; and
- Recognize signs that you may need more help.
This is a 90 minute workshop that is fun and interactive! We take a “grab and go” approach – grab an idea or two and go try it. All participants will walk away with ideas, resources and the full curriculum upon request.
For more information, visit the Credit Counselling Society's website to view free webinars on various financial topics.
Free, but seating is limited. Programs with low enrollment may be cancelled, so please register by phone at: 604-522-3971, in-person, or online.
If you cannot attend the program, please contact the Library so someone else can have your spot. Thank you.