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TORONTO, ONTARIO--(Marketwired - July 19, 2013) - As part of BMO Financial Group's ongoing commitment to financial literacy and 'Making Money Make Sense', BMO is releasing a financial tip every day in the summer to help Canadians make the 'BMOst of summer' in 2013.

BMOst of Summer Financial Tip of the Day: Refresh your living space this summer and add significant value to your home.

Summer can be a great time to update your home by making simple changes around the house. By replacing smaller-ticket items, such as doorknobs, light fixtures, faucets and drawer pulls, you can make a big impact at a relatively low cost.

"Minor updates and repairs around the home can make a major impact without breaking the bank," said Laura Parsons, Mortgage Expert, BMO Bank of Montreal. "Small investments can refresh your living space for summer and add significant value to a home, which can deliver a big return down the road when you sell."

BMO offers a number of products and services that can help Canadians get more out of every dollar they spend this summer. For more details on how to make the 'BMOst of Summer,' drop by a BMO branch or visit www.bmo.com.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.