Life Events

The best financial strategies for major life events

Throughout our lives, we will have to overcome a variety of financial hurdles. Some of these may be expected, like marriage, while others may come as a complete shock, like dealing with a natural disaster. However, we believe that saving money and planning for major events is the best strategy for maintaining healthy finances.

There may be times in your life where you fall into financial turmoil through no fault of your own. Consolidated Credit is a trusted organization that you can turn to in times of need. Just call 1-888-294-3130 or fill out a free Debt & Budget Analysis today to get the help you need.

Disaster planning – before and after an emergency strikes

Depending on where you live, you could be at risk from various natural and man-made disasters. Without preparation, a disaster could ruin personal finances. Our guide will explain how to prepare for the worst, so you end up in the best financial situation possible.

Marriage and money

Getting married brings its own set of financial challenges. We will help guide you through everything from your wedding day to how to manage your finances as a couple.

Family and finance

The average cost to raise a child is estimated to be around $250,000! If that doesn’t scare you, imagine having twins! But, as with most things, a solid financial plan can keep you on the right track. We will help you raise your children in the best way possible – while saving a little bit of money along the way.

Divorce, your money & your credit

It’s a sad truth that thousands of Canadians get divorced each year. Not only can this hurt your family, but it can also severely damage your finances. We have compiled the major issues you need to think about during this difficult time in your life, and we give you valuable information to help you get through it financially.

Managing your finances after the death of a spouse

Dealing with the death of your partner can be extremely difficult. In this fragile state, it can be easy to lose track of your finances. Hopefully, our advice will help guide you financially through this trying time so you can focus on your own well-being.

Financially surviving a layoff

Losing your job can be a devastating blow to your financial health. However, the damage can be lessened if you were prepared for this unfortunate run of events. Our tips will show you how to prepare for a job loss and what to do if you find yourself in this situation.

Financial strategies for single parents

A single parent has to juggle multiple responsibilities and it can be overwhelming at times. These challenges make it even more imperative that you have a financial plan to guide you. Our tips help you develop a financial plan targeted specifically to your situation so you can raise your children to the best of your ability.

Talking money with your ageing parents

Many people find it difficult to talk to their elderly parents about financial issues. But, for their well-being, it’s important to take the time to discuss issues ranging from Power of Attorney to estate planning. Our guide will explain how to start a conversation with your parents and what issues you should be focusing on.

Financially Secure Retirement

The transition from your working life into your retired life can be complicated. It’s not as easy as walking out of your workplace for the final time; there is a mental and financial shift that occurs and it is important to be prepared.

Investing basics: How to get started

As you start to accumulate your savings, it’s a good idea to consider investing what you’ve got, so you can work towards growing your wealth.