After struggling financially, Arlene Dickinson learned the hard way how to manage her finances — and became an entrepreneur in the process. Here’s what she’s learned about being smart with your finances.

Tip 1: Small change adds up
Think twice before tossing change into the bottom of your bag. Change can add up quickly, so try to start a coin jar and you’ll see the reward.

Tip 2: Consider an RESP/RRSP
Putting money into an RESP or RRSP can make a big difference in the future, especially when it you have expenses down the line like school for your kids.

Tip 3: Pay it forward
Try to put 10 per cent of your earnings into a savings account. The extra money will give you a safety net, plus a part can go to something important to you, like a charity.

Tip 4: Don’t take the small numbers for granted
If you do the math, $4 a day adds up to about $1,500 a year. Savings can really add up, so try to make small changes like making coffee at home instead of buying one.

Tip 5: Pay off your debt
Make paying off debt a priority and work on the most expensive one first. The faster you pay off debt, the more money you will save.

Tip 6: Get advice
Don’t be afraid to seek out advice for any financial questions you may have. A financial advisor can help you make smart decisions, regardless of how big or little they may be.

Tip 7: Set goals
Working towards a goal will make saving money easier and keeps you on track. Think about how great it will be when you’ve saved enough for a dream vacation!