Dollar$ense – Family Budgets

One of the most significant stressors for parents/caregivers is managing family finances within a budget.  From saving for children’s education to making sure there is enough money to pay the bills, money seems to be a constant pressure for many.  

Dollar$ense is the follow-up to the Budget Buddy program that ended in April 2017. There are a number of local resources and supports available to educate families and provide some financial help for specific situations.

Saving For School

The Canada Learning Bond (CLB) is money that the Government of Canada deposits directly into a child’s Registered Education Savings Plan (RESP) account to help parents get a head start on saving for their child’s education after high school. is our favourite site to learn more about saving for your children’s education.

Dollar$ense Local Resource Contact List

This Local Resource Contact List is available for Huron County residents and agencies to use as a referral guide for services related to household finances and budgeting.


Dollar$ense Huron County Library Collection

In Spring 2017, we are collaborating with Huron County Libraries to build a special Dollar$ense collection for adults and Back Pack Kits for families (ages 3-9 and 9-teen).  The Back Pack kits include age appropriate books, games, parent guides and a suggested movie list with important information and messages about how we think about and manage money.  The books, kits and movies will be available very soon through every branch, just ask for the Dollar$ense-Huron collection.


Dollar$ense OnLine Resources

Rural Response for Healthy Children’s TOP PICK is from Gail Vaz Oxlade.Gail Vaz Oxlade is a Canadian financial advisor, author and reality TV host.

A budget will help you see where your money is spent and gives you an idea of how much may be allotted to monthly savings and debt payments.  She recommends family budgets allocate 50% of income to needs, 35% to debt and savings and 25% to wants.

She offers an excellent budget template that you can download to your home computer or if working at public computer, such as the library, save as a Google Doc.  If you don’t use computers, you can copy the template into a notebook.

Rural Response for Healthy Children’s TOP PICK is the SmartSaver website.  It is so important to start saving for your children’s education as soon as possible.  Saving for education comes from the 35% of your household budget that is dedicated to debt and savings in Gail Vaz Oxlade’s model.

Below is a list of additional resources, reviewed by Rural Response for Healthy Children.


Organize Personal Finances – Credit Canada offers excellent Excel worksheets; including a Spending Plan and Weekly Expense Tracker.

Learn the 50/30/20 budget guideline to create your household budget. Establish your own percentage amounts, but aim for something close to 50/30/20. It may take a year to transition your spending and savings patterns to this model.


An informative video be Canadian Money Experts about Spending

Frugalchic provides 5 ways to reduce spending in this video

A blog post by Credit Counselling Society about impulse shopping

Calculate how much your debit card costs you

In this article, discover much money do you spend by using a credit card

Ten tips to stop living pay check to pay check


Taxes +

Canada Revenue Agency provides an online series about filing taxes.  Tax filing is essential to ensure eligibility for benefits, rebates and subsidies.