Here are some basic guidelines to help you create a budget by percentage of income and figure out the right budget percentages and a starting point. Remember that based on your individual living style, income, family circumstances, and location, the allocation may vary from person to person...Read full article
Have you stopped to consider what would actually happen if you didn’t pay your credit card debt? The consequences of not paying credit card debt? If you get to the point where you can no longer afford your credit card debt, this is what you might be faced with...Read full article
Is your personal debt becoming too difficult to manage? Then you may need to look at alternative solutions. Maybe you are considering bankruptcy as an option or looking for other… Read full article
Are debt consolidation loans worth it? Simply put, debt consolidation combines multiple unsecured debts like the balances on your credit card, personal loans and sundry other bills into one single debt...Read full article
Consolidated Credit held its first annual scholarship program this year, offering students across Canada a chance to participate to receive a $1,000 scholarship. We saw this as a great opportunity to help students struggling with debt and aimed to help with the costs of higher education like tuition and books...Read full article
Average Canadian debt went up by 3.3 percent and is now $22,837 per person but despite that. Canadians are managing to meet their debt obligations, with both bankruptcies and delinquencies trending downwards. Here are some tips on how you can reduce your financial vulnerability...Read full article
Wondering what’s the best strategy to save money? Having savings on hand is an essential part of your financial health, but how much do you really need? Furthermore, how are… Read full article
Although it is human nature to wait until the last minute for just about anything, you are well-advised to make regular contributions to your RRSP a year-long habit, rather than… Read full article
Visualize what financial security looks like and set that as your goal. It's your actions in the present that help you achieve financial security...Read full article
You’ve probably heard that there’s “good debt” and “bad debt”. While this is true, it’s really your attitude towards borrowing and budgeting that will determine if debt is actually good… Read full article
There is no shame in being a victim of fraud. It happens to everyone, even those who are vigilant or consider themselves financially savvy. because you are not alone, fraudsters… Read full article
Vacation planning: taking debt out for spring break isn’t worth it Spring break is a chance for fun and a holiday from school and work, but it doesn’t automatically have… Read full article
The danger of running up your home equity line of credit If you’ve got equity built up in your home, why wouldn’t you tap into it to cover expenses, pay… Read full article
An effort to reduce average Canadian debt with the new mortgage stress test House hunting? You may have heard of the new mortgage rules from the Office of the Superintendent… Read full article
Being single is more and more common among Canadians, with many people widowed, divorced or single by choice. Not only does this impact your money management during your earning years,… Read full article
When a large portion of your paycheque is going towards paying down debt, it can be difficult to make ends meet. “Look for ways to reduce the cost on everyday… Read full article
Wondering why your credit card declined? It happens all the time to lots of people but that doesn’t make it any less embarrassing or stressful. If this has happened to you, here are some potential reasons why and suggestions as to what you should do about it...Read full article
Are Price to Income Ratio in Canada Achievable? Data from Statistics Canada states that housing price to income ratios in Canada i.e. the proportion of average total income of a… Read full article
How to shut down FOMO to avoid debt problems Don’t underestimate the impact of your emotions when it comes to spending. There is psychology behind why you buy and if… Read full article
Here are some basic guidelines to help you create a budget by percentage of income and figure out the right budget percentages and a starting point. Remember that based on your individual living style, income, family circumstances, and location, the allocation may vary from person to person...Read full article
Have you stopped to consider what would actually happen if you didn’t pay your credit card debt? The consequences of not paying credit card debt? If you get to the point where you can no longer afford your credit card debt, this is what you might be faced with...Read full article
Is your personal debt becoming too difficult to manage? Then you may need to look at alternative solutions. Maybe you are considering bankruptcy as an option or looking for other… Read full article
Are debt consolidation loans worth it? Simply put, debt consolidation combines multiple unsecured debts like the balances on your credit card, personal loans and sundry other bills into one single debt...Read full article
