Moore Freedom

Interest free doesn't mean invisible, discover your options for student loan repayment and loan forgiveness programs. Your journey to a debt-free future begins here.

1. Understanding Your Loans:

In Canada, student loans can be federal, provincial, or a mix of both. The federal government and individual provinces offer loans through the Canada Student Loans Program (CSLP) and provincial student aid programs, respectively.

2. Repayment Plans:

- Grace Period: After you graduate, leave school, or drop to part-time studies, you get a six-month grace period where you won't need to make payments

-Repayment Assistance Plan (RAP): If you're facing financial hardship, the RAP allows you to pay back what you can reasonably afford.

3. Loan Forgiveness and Reduction Programs:

-Canada Student Loan Forgiveness for Doctors and Nurses: If you're a doctor or nurse, you could qualify for loan forgiveness. This program aims to encourage health professionals to work in remote or underserved communities.

-Provincial Forgiveness Programs: Some provinces have their loan forgiveness programs, especially for professionals willing to work in underserved areas. It's essential to check with your provincial or territorial student financial aid office for specific details.

Saving Made Simple: Discover 3 Smart Strategies to Slash Your Phone Bill!

Index funds and mutual funds are two different types of financial instruments that people can invest in to grow their wealth. They have distinct characteristics, risk profiles, and potential returns. Here's a comparison of index funds and mutual funds.

Reframe your thinking. Changing the way you look at your expenses can make all the difference in establishing a realistic budget.

Stocks and bonds are two different types of financial instruments that people can invest in to grow their wealth.

They have distinct characteristics, risk profiles, and potential returns. See the post for a comparison of stocks and bonds

Ready to embark on your investing journey? Join us as we break down the basics of stock market investing step by step!

Whether you're a total newbie or looking to sharpen your skills, this guide has got you covered.

Trying to get a handle on debts but don't know where to start, here is a roadmap to faster payoff and debt-free living.

"Needs," "Wants," and "Wastes" are three categories that can help streamline and simplify personal budgeting by helping you categorize and prioritize your expenses.

See the post for a breakdown of each category.

Saving money can be a painless endeavor. Here are some simple methods to reduce expenses.

Becoming a victim of financial fraud is an unfortunate and often preventable situation. Here are some common financial scams and ways to avoid falling victim.

It's not about restricting, but about empowering yourself financially!

Here are some tips to create and stick to a budget

1. Set Clear Goals
2. Track Your Income
3. Create Categories
4. Set Limits
5. Adjust as Needed
6. Celebrate Milestones

Start the new year off right and learn from these common blunders to secure your financial future.

Here are some common financial mistakes to avoid:

-Accumulating High-Interest Debt
-Impulse Buying
-Ignoring Insurance Needs
-Ignoring Financial Education

Wishing you the warmth & joy this Christmas season. May your dreams come true in the year ahead! 🏡🎅🏾❤️

🎄

Join us for The Hoops for Kids Toy Drive🎁✨!

This Sunday December 17th, let’s shoot hoops, share love, and make a difference together! 🙌

Your ticket to the action is a toy donation worth $25 and registration is through the event page is REQUIRED.

Doors open at 7:00pm and you’ll be treated to a charitable basketball game with a twist - dinner, giveaways, and the chance to support local small vendors.

REGISTRATION LINK IN BIO

Having trouble keeping your savings saved?

Rearranging this equation to prioritize saving over spending is a small step to take towards staying on track with your savings goals.

Have you ever heard of the 50/30/20 rule?

The 50/30/20 rule is a common budgeting guideline that suggests dividing your after-tax income into three categories:

50% for needs
30% for wants
20% for savings and debt repayment

Following the 50/30/20 rule can help you create a budget that balances your needs, wants, and financial goals. It encourages you to prioritize essential expenses, enjoy some discretionary spending, and save money for the future.

However, it is important to note that this rule may not work for everyone, as everyone's financial situation is unique, and some may need to adjust the percentages based on their individual circumstances.

Understanding Credit Score: Unveiling the Factors! 📊

Your credit score, the financial magic number!

But what influences it? Here's the inside scoop:

Payment History: Timely payments = Happy score!
Credit Utilization: Keep it low, watch it grow! 🌱
Credit History: The longer, the merrier!
Credit Mix: Blend it wisely, diversify!
Credit Inquiries: Less is more!

Remember, it's like a financial report card that opens doors or sets limits. Take charge and build that stellar score!

When it comes to finances there is plenty of misinformation out there.

What's the worst financial advice you’ve received?

Let us know in the comments!

3 credit card habits that will help you maintain a good credit score.

Regularly Reviewing Your Credit Report:

Check your credit report regularly to monitor your credit history and ensure its accuracy. You can request a free credit report from each of the major credit bureaus (Equifax, Experian, and TransUnion) once a year.

Keeping Low Balances:

Try to keep your credit card balances well below your credit limit. Ideally, aim to use less than 30% of your available credit. This shows lenders that you are using credit responsibly and not relying too heavily on borrowed funds

Paying on Time:

Always pay your credit card bill on time to avoid late fees and negative marks on your credit report. Set up automatic payments or reminders to ensure you don't miss any due dates.

Getting a credit card can be overwhelming. Between the fees, interest rates and rewards it's hard to know where to start.

That's why we wanted to give you a few things to consider before pulling the trigger on your next credit card.

An emergency fund is a dedicated savings account or fund set aside to cover unexpected financial expenses or emergencies.

Here's why having an emergency fund is important:

Financial Security

Unforeseen Events

Avoiding Debt

Peace of Mind

Credit is a system where individuals can borrow money to access goods and services with the understanding that they will repay the borrowed amount, typically with interest, in the future.


Credit is important for several reasons:

Financing Purchases
Building Credit History
Emergencies and Unexpected Expenses

We’re often told it’s important to live within your means to have a healthy financial standing, but what does that actually mean?

Here are some questions to ask yourself to see if you are living within your means

Do you have an emergency fund?

Can you cover your monthly bills?

Can you cover your variable monthly expenses?

You Make more than the Minimum Payments on Debt?

Hey there!👋

We are Moore Freedom, a family owned and operated financial hub committed to helping families build generational wealth.

We understand that personal finances can be intimidating but that's where we come in!

Join us as we break down the ins & outs of personal finance and give you the tools to feel confident in your financial literacy.

Cerebral Thoughts…… on Instagram: "Good day good day, I want to send everyone peace, love, and light! The Cerebral Thought of the day is what I want for myself, I want for others. So if I love myself, that’s exactly what I what for you! Stay... Cerebral Thoughts…… shared a post on Instagram: "Good day good day, I want to send everyone peace, love, and light! The Cerebral Thought of the day is what I want for myself, I want for others. So if I love myself, that’s exactly what I what for you! Stay strong and keep pushing… ...

Do you have a strategy on how to manoeuvre through a recession? Join us and get tips on how to survive during these challenging times.

#2023