Providing KOFE - KOFE Canada

KOFE: The one place where financial coaching and educational programs meet.

People can’t waste time searching for multiple resources that will help them improve their financial well-being. They need one source they can quickly access. And one source they can trust.

Welcome to KOFE. We provide personal interaction with qualified financial coaches and educational programs that inform and inspire. Learn budgeting skills, how to read a credit report, identity theft prevention and more.

Financial coaching and education increase knowledge

We solve the financial problems that haunt people every day and prevent them from concentrating on their jobs, saving for retirement or qualifying for a loan. Every person is different, but chances are at least one financial issue is troubling them.

Together we can put that to an end. Join KOFE and you’ll benefit from:

Financial Coaching

KOFE only hires qualified financial coaches who are available full-time. They evaluate a person’s financial situation either on the phone or online. Once they fully understand the individual’s dilemma, they offer advice and specific tools geared toward solving their problems. KOFE’s financial coaches provide stability and comfort by adapting solutions that fits each person’s unique need. They’re only a phone call away.

Financial Education

Recent studies and surveys reveal how poorly educated most Canadians are regarding financial issues. That all changes with KOFE.

Financial Tools

We offer a financial publication series that includes a library of 28 publications. We also provide dozens of financial educational videos, interactive courses, seminars/webinars and our valuable financial coaching.

Client Reviews

Being embarrassed about my financial situation, I was nervous but I’ve been treated in a very pleasant, respectful manner and was quickly put me at ease. They were very knowledgeable about helping me solve my financial problems and explained things clearly giving me many suggestions as to how to deal with this issue. I am looking forward to implementing some of their suggestions and solving my financial issues. Thank You!

Judy Sinclair

I’m so happy that I came to talk to one of your representatives! They explained how I can get out of my debts. Now I have less worries and looking forward to a better future. I am certainly going to recommend this to my family, friends and co-workers. Thank you.

Roselen Vina

I turned to Consolidated Credit Counseling Services of Canada when I knew I couldn't dig myself out of my debt on my own. I was rejected by the bank for a consolidated debt loan and was feeling helpless. Because of Consolidated, I’ve managed to gain control of my debt and pay it off in a realistic time frame. I am so appreciative of them!

Christina L

You helped me when no one else would! I’ve managed to move forward in dealing with my credit issues. Consolidated Credit was quick to help me deal with my creditors which lifted a huge load off my shoulders. All I can say is thank you consolidated credit!

Mona

The counsellors I’ve worked with have been very understanding and helpful. There’s no judgement but an intention to help us get back to zero debt.

JoAnne

Making the call to start the process to get back on my own feet was not just financially helpful but helped my mental health as well because I was always stressed! Now I have control again, sleep better and I’m moving forward. Everyone has been supportive, kind and helpful.

Ann

Consumer Debt and Financial Literacy Statistics for Canadian Households

Canadians now owe $1.82 for every $1 they have to spend in disposable income. 31.2 million Canadians now have access to at least one credit product.

Statistics Canada & TransUnion Canada
The average Canadian consumer now owes about $21,131 in non-mortgage debt. Non-mortgage debt had decreased during the pandemic; however, it has now returned to pre-pandemic debt levels.

Equifax Canada
Inflation was a major news story in 2022 and peaked to a 40-year high, 8.1%. By the end of 2023, the price of consumer goods and services continued rising by 3.4% while worker wages rose by 5.4%.

Statistics Canada
Only two-thirds (68%) of Canadian households are spending less than or equal to their monthly income. Compared to 78% in 2020, it is clear that more households are struggling to make ends meet.

Financial Consumer Agency of Canada

63% of Canadians say that their financial behaviours from years past have negatively impacted their current financial confidence. In the past, they wished they had avoided overspending and credit card debt, invested at a younger age, and asked more financial questions.

Interac
Nearly a quarter of Canadians are financial vulnerable and living paycheque to paycheque.

Bank of Canada
53% of Canadians said their level of stress increased over the past 12 months while over one-third (35%) believe finances control their life.

Financial Consumer Agency of Canada

Less than half of Canadians describe themselves as financially knowledgeable.

Financial Consumer Agency of Canada
84% of employees are interested in their workplace offering financial education programs.

Canadian Payroll Association (CPA)
Study shows that nearly half of all financially stressed employees admit to spending at least 3 hours per week on their financial issues at work.

Pricewaterhouse Coopers Canada (PwC)